Avatar's Blog
» How to Close a Commercial Loan in Two Weeks or Les
Commercial real estate loans can take months to consumate when you work with a conventional mortgage lender. If you need to purchase a commercial or investment residential property quickly and need to close in just a few weeks, look to a "hard money" or "commercial bridge" lender to make it possible.
Avatar Financial Group has documented its "ready to fund" timing at two weeks or less. The critical factor in closing quickly lies in having all your documentation ready for the lender ready. Documents will include such items as inspections of the property, financial statements for the borrower(s) / signator(s), corporate entity and resolution documents, use permits, etc. Contact Avatar for a complete list of documents required for closing at gillian@avatarfinancial.com
