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When you’re seeking a loan and the bank says no, M&M Private Lending Group, LLC is here to say yes. We accept multiple types of credit and we work with both commercial and residential properties. Working with us, factors such as time delays and hidden fees are no problem and we require very little documentation. Rest assured that we comply … Read More

We’ve discussed the differences between hard money lenders and traditional mortgage lenders and why one may prefer one over the other. Let’s explore these differences in more detail. Source of funds: A standard mortgage is funded by a lender who sells the loans to an investor or a bank.. In contrast, private lenders largely fund hard money loans. The funds … Read More

To buy a home, people need a lender. Many regret it, with over 20% of first-time buyers expressing regret, according to a recent study of 5,000 people. Poor communication and unmet promises cause unpleasant experiences and borrower regret. Furthermore, borrowers have reported feeling pressured to choose a particular mortgage product. Need money for a home or investment project? With hard … Read More

At M&M Private Lending, LLC, we pride ourselves on being direct, asset-based lenders offering hassle free hard money loans to our clients within a short amount of time. Many prospective clients have asked us what our general requirements and terms are. Here is what you need to know: Loan amount: from as little as $50,000 up to $2.5 million. Up … Read More

The number of homes being flipped has dropped, according to a recent U.S. Home Flipping Report. A home flip is when a property is sold in an arms-length sale for a second time within a year. Despite Florida experiencing the largest decline in home flips, four of its cities still made it to the top ten metros with the highest … Read More

Recent data shows that lenders are becoming stricter with their eligibility criteria, making it hard to obtain a mortgage loan through conventional means. Cities like Miami and Tampa in the state of Florida are seeing elevated levels of loan refusals. Last year, lenders rejected over 3,000 out of the more than 15,500 mortgage applications in Miami, resulting in a rejection … Read More

As the year quickly reaches its end, the long terms rates for mortgages in the United States continue their upward climb following the results of the presidential election. The average rate on a 30-year fixed rate loan increased to 4.03 percent, the highest percentage since July of last year and up from 3.94 percent during the previous week. The rate … Read More

If you’re interested in property flipping, you may consider private or hard money lenders. While they may appear similar, there are significant differences between the two. Private lenders assess your eligibility based on your ability to pay, credit, and collateral, just like a traditional mortgage. In contrast, hard money lenders are less concerned with credit, assets, and income. One of … Read More