When it comes to bridge loans, Excel Trust Deed Investments just set a new bar!
This week Excel successfully funded our largest bridge loan request to date, a $6,900,000.00 land acquisition loan for a 208 condo development.
The request was presented to Excel on May 4th and loan docs were ready to submit to escrow on May 18th, exactly two weeks after submission. This is a bit longer than our typical turn-around, but it is four to five times larger than our typical loan request.
Our bridge loan product is still setting records for fast approval and funding:
- The average loan amount is about $1.5M.
- We’ve been getting approvals on most loans within 24 hours of submission.*
- Loan documents are typically in escrow within 24 hours of approval.
Please remember Excel Trust Deed Investments when you have a difficult loan request that must be closed FAST.
If you’d like to experience this level of professionalism and performance consider Excel Trust Deed Investments for the next loan you are looking to place.
Sheldon Perry,
Founder, VP Investment Lending
Excel Trust Deed Investments
Sheldon founded Excel Trust Deed Investments (formerly Excel Financial) in 1986. Specializing in expedited and efficient loan closings, he applies creative problem-solving skills to every facet of the private lending process for his clients.