Boca Raton, FL, September 26, 2023: QuickLiquidity, a direct lender for investment real estate, has announced it has closed a $150,000 1st mortgage cash-out refinance bridge loan. The short-term loan was secured by an investment townhouse in Charlotte, NC.
The borrower owned the property free & clear but wanted to access additional working capital to purchase more investment properties.
This was an asset-based loan with no appraisal, no credit check, no personal tax returns, no employment history, and no personal bank statements.
“The first mortgage bridge loan space is incredibly competitive. So why do borrowers choose to work with us?” said A. Yoni Miller, Principal of QuickLiquidity. “It’s because we have streamlined the entire bridge loan process to eliminate time-wasting procedures. Real estate investors can finally get an affordable bridge loan in only 5 days, without the stress.”
Have questions regarding 1st mortgage bridge loans? Give us a call right now at 561-221-0881.