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MOR Financial

Long Beach, CA·Founded 2006·2 states
Established in 2006, MOR Financial is a direct hard money lender that offers flexible lending for investment property deals. Our programs are customizable to meet each borrower’s needs. We specialize in purchase/refinance bridge loans secured by commercial real estate, residential investment properties and vacant land.
MOR Financial describing itself

Loan programs

Offers— no published terms

Terms & qualification

Typical loan size
$100K – $3M
Typical term
6 mo – 60 mo
Interest rate
10.99% – 12.99%
Origination / points
1% to 3%
Minimum FICO
550
Lien position
1st, 2nd
Prepayment penalty
no
Payment structure
Interest Only
Recourse
Always
Closing speed
7 days typical · 3 days fastest
Prepayment structure
None
Cross-collateral
Yes
Equity / JV capital
Yes
Income documentation
Credit Report, Bank Statements, Loan Application
Borrower entity
Individual(s), LLC, Limited Partnership, Trust, Corporation, Self-Directed IRA

Property types

Lending footprint

Sources

This record was compiled from the public pages below. Figures reflect what each source published when it was retrieved and are not a quote — confirm current terms with the lender.