Monroe Funding Corp

Mortgage Lender serving Wellington, FL

About Monroe Funding Corp

Monroe Funding Corp is a Florida-based private mortgage lender specializing in hard money lending and commercial real estate loans. Since 2019, they have served over 35,000 customers and established themselves as a leading lender in the Florida market. They focus on providing fast and flexible financing solutions for real estate investors and business owners who may not qualify for traditional bank loans.

The company distinguishes itself by its streamlined approval process, focusing on the value and condition of the property rather than personal financial history. This allows them to provide loan approvals and commitments in a matter of minutes, with closings happening in as little as seven days. They offer a range of loan programs, including hard money loans, fix-n-flip loans, conventional mortgages, and small balance commercial loans.

With a team of experienced professionals, Monroe Funding Corp aims to provide a smooth and hassle-free closing process for its clients. They offer various loan options with flexible terms, including interest-only payments, 30-year amortizations, and loan-to-value ratios up to 80%. They also cater to foreign nationals and offer no-documentation commercial real estate loans, making them accessible to a wider range of borrowers.

Company Information

Founded: 2019
Lender Type: Private Money Lender
Headquarters: Fort Lauderdale, FL

Licensed In

FL

Home Loan Products

Hard Money/Bridge Loans

Loan Types:
Hard MoneyBridge
Rate Types:
Interest-Only
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)CommercialMixed-UseOfficeRetailIndustrial/Warehouse
Occupancy Types:
Investment Property
Employment Types:
Investor
Income Verification:
No Income Verification
75%
Max LTV

Fix-n-Flip Loans

Loan Types:
Hard Money
Property Types:
Single-Family HomeTownhouse
Occupancy Types:
Investment Property
Special Programs:
Renovation Loan
70%
Max LTV
650
Min Credit Score

Conventional Mortgage

Loan Types:
ConventionalFHAVAJumboRefinance
3.5%
Min Down Payment
500
Min Credit Score

Commercial Loan Products

Small Balance Commercial Loans (Rent & Hold)

Loan Types:
DSCR
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)CommercialMixed-UseOfficeRetailIndustrial/Warehouse

Commercial Mortgage Loans

Loan Types:
Conventional CRE
Property Types:
WarehouseOfficeCondoAutomotiveSelf-StorageMulti-Family (5+ units)Mixed-UseSingle-Family Home

Contact Information

12161 Ken Adams Way STE L10
Wellington, FL 33308
US
Mailing Address:
3015 N Ocean Blvd #104 Fort Lauderdale, FL 33308

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Business Information

Category: Mortgage Lender
Location: Wellington, FL
Status: Standard
Founded: 2019
Type: Private Money Lender
NMLS ID: 1873548
Profile Views: 0

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