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MOR Financial describing itself
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.
Loan programs
Maximum leverage
Max LTV 75%Max LTC 100%
Maximum leverage
Max LTV 75%Max LTC 100%
Maximum leverage
Max LTV 75%Max LTC 100%
Maximum leverage
Max LTV 75%Max LTC 100%
Maximum leverage
Max LTV 75%Max LTC 100%
Also 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