Boca Raton, FL, September 1, 2023: QuickLiquidity, a direct lender for investment real estate, has announced it has closed a $100,000 1st mortgage bridge loan. The short-term loan was secured by an investment condo unit in Mount Laurel, NJ.
The borrower owned the property free & clear but needed to quickly access liquidity for a different investment opportunity. By working with QuickLiquidity, the borrower was able to access cash in the time frame they needed it.
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.
