Private Mortgage Financing Partners LLC

Private Mortgage Financing Partners LLC is a privately held company based in Magnolia, Texas, with 5 to 9 employees. They specialize in providing short-term private mortgage financing, also known as hard money loans, secured by investment and commercial real estate assets. Private Mortgage Financing Partners LLC offers loans for various real estate purposes, including property acquisition, refinancing, rehabilitation, and equity cashout. Their loans are available nationwide and cater to borrowers seeking quick funding solutions. The company focuses on asset-based lending, primarily evaluating the value and income-generating potential of the property securing the loan, rather than the borrower's credit history. As a direct lender, Private Mortgage Financing Partners LLC prides itself on a streamlined lending process. They have readily available funds, eliminating the need for investor approvals and expediting the decision-making process. The company offers flexible loan terms, including interest-only payments, a one-year maturity, or an amortization schedule over 25 years with a 5-year balloon. Their loan offerings include first-lien loans with interest rates ranging from 10% to 12%, coupled with 3 to 4 points at closing. For inquiries and loan applications, interested parties can contact Don Konipol at 832-577-8838 or via email at [email protected].