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One of the last steps you need to take when buying a home is paying for closing costs, and you will be required to do so whether you are buying a new home or refinancing an existing mortgage. Closing costs are the processing fees you pay a lender and they do not include the price…

Buying your first home is a very exciting step in life, however, it is one that comes with many financial decisions that can sometimes seem overwhelming. Luckily there are many programs available that are intended for first time homebuyers that make homeownership a little more straightforward and simple. If you are interested in purchasing your…

If you are interested in becoming a homeowner or a business owner, there are certain mortgage options available from the government that can save borrowers a significant amount of money. If you are interested in buying a home or operating a business and want to know more about your financing options, Preferred Capital Funding can…

There are multiple advantages to owning an investment property and it can be an excellent source of income. Purchasing a property to either rent out or resell can help boost your assets and can help you reach your financial goals. When it comes to investing in a property, there are a variety of options available…

With inflation at its highest point in years, the central banks have increased interest rates in order to balance out the economy by slowing the rate of borrowing. This has many people wondering how the real estate market will be affected, and how this hike in interest rates may affect investment properties. If you and…

Operating a hotel can be a lucrative investment opportunity, and is one that takes a great deal of funding to get off the ground. Obtaining a traditional business bank loan for a hotel is typically very challenging due to the rigid requirement criteria of banks, but with recent shifts in the industry, a hotel developer…

Owning and operating your own convenience or liquor store can be a lucrative, recession proof business because these stores offer a variety of necessities that customers can purchase quickly and easily. Owning this type of business takes a great deal of management, marketing, and customer service skills, but if a business owner is willing to…

Our Connections Make the Difference Preferred Capital Funding announces closing of a $1,500,000 interest only bridge loan that defied the odds. Our client had been working with a traditional lender to buy a building, but was running out of time. Underwriting and processing delays continued to mount and endangered the purchase contract. Timing was everything.…

Do you have a loan deadline looming and the clock is running out faster than you’re able to find alternative financing? Does your commercial investment property have a temporary vacancy bump or need renovations to attract better tenants and increase cash flow in the future? In the COVID affected economy of today, many lenders have…

Have you been turned down by your bank for a real estate loan? Or are their underwriting requirements just too onerous? Let’s face it. Trying to buy real estate to house your growing business, or investing in income producing property, can be challenging. Add into the mix a few bumps in the past, such as…