Fast Mortgage Approvals
We understand that qualifying for a loan can be easier said than done, depending on your venture. There are many private Mortgage lenders who, like individuals, also struggle to push deals through in the timeframe desired. At Benson, we’re able to offer fast Mortgage approvals for borrowers with proven experience in their field. If you’re looking to fund a project that’s been declined by any institution, give us a call. We’ll review your options and design creative solutions to fit your needs.
Our loan terms are flexible because we understand that every deal is unique. We offer on-balance-sheet portfolio financing ranging from $1 million to over $400 million, fixed and floating rates that are among the most competitive in our industry, non-recourse and recourse financing, all major asset types and short to mid-length terms ranging from 1-5 years as well as terms up to ten years (for evaluated, stabilized deals). Benson offers a wide range of financing options for each stage of commercial real estate projects.
The known deterioration between banks and the property world over the last five years has propelled the emergence of more innovative, private sources of capital to fund real estate endeavours. We work with larger real estate clients who no longer look to the banks as the most attractive lenders of prime resort. The transition may have been slow, but now, private lending is an integral part of the real estate funding model.
Our highly skilled underwriters are able to use their expertise to find greater opportunities for you than banks operating under institutional parameters can provide.