Monroe Funding Corp is a direct hard money lender serving Florida. It has been in business since 2008, specializing in nonowner occupied residential and commercial properties. Its rates start at 11.99%, it lends up to 75% loan-to-value (LTV), and it funds loans in seven to 10 days. It is rated five stars on Facebook and Yelp.
|Business Name||Monroe Funding Corp|
|Business Address||3015 North Ocean Boulevard, #104, Fort Lauderdale, FL 33308|
|Business Established Year||2008|
Monroe Funding Corp Rates & Terms
|Types of Properties||Nonowner occupied residential and commercial properties|
|Loan Amount||No minimum and maximum amount indicated|
|LTV||Up to 75% LTV|
|ARV||Information not available|
|Interest Rates||Starting at 11.99%|
|Lender Fees||No application or verification fee|
|Loan Terms||2 years; extendable if the loan is in good standing|
|Minimum Qualifications||No qualification requirements indicated|
|Typical Time to Funding||7 to 10 days|
|Other Financing Available||Refinance|
*Exceptions may be granted. Lender information is updated often; however, exact lender terms may change.
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