Abbey Mortgage Loans are Deal Based
How do we determine if a deal makes sense for us and the investor? If we think it is a losing deal, we will probably not be able to help and frankly, a smart investor should take that as a strong piece of advice. Equity will always be the biggest compensating factor for the loans we issue and we do not say no to smart investments. The property must be a reasonable investment. We understand there may not be immediate positive cash flow, but there should be equity in the property the loan is needed for, or from other properties the investor already owns. When there is less equity, we look at the deal harder, looking closer at the borrower from a few different aspects, such as the investor’s business goals, abilities, and credit. Equity, business sense and a good deal always trump an investor’s credit history. We have loaned money to investors that have major credit issues but have a solid real estate investment strategy. You can also be assured that if we loan money to an investor, we offer PrivateLoanServicing for all of our loans.