ProActive Commercial Lending Group Offers Apartment Loans to Real Estate Investors in Austin TX

The apartment loans are specifically designed to meet the needs of investors so that they can secure profitable real estate investment properties in Texas, which has one of the best apartment rental businesses in the country.
By: ProActive Commercial Lending Group, LLC
Proactive Commercial Lending Group, Llc
Proactive Commercial Lending Group, Llc
AUSTIN, Texas - Dec. 13, 2022 - PRLog -- ProActive Commercial Lending Group, a prominent private lending company, has recently offered apartment loans to provide real estate investors capital for financing investment properties in Austin, Texas. The company takes advantage of its in-house programs and all the benefits of long relationships with the country's top private lenders to offer hard and soft money loans that have much more lenient requirements for eligibility. This has allowed the company to help investors secure capital who otherwise would not qualify for loans provided by traditional financial institutions such as banks and credit unions.

ProActive's private money apartment loans have terms that range from 6 months to 30 years so that borrowers have the time to improve their finances. A major benefit for borrowers is that the terms of private money loans have gotten better In recent years. These loans have more relaxed credit and property restrictions compared to conventional loans offered by banks and other financial institutions. This makes the loans accessible even to potential borrowers who do not qualify for traditional loans because of property risk or poor credit scores.

The private money apartment loans in Austin TX do not have prepayment penalty so borrowers can pay off the loans early without incurring any charges if their financial condition improves substantially sooner. The cash-out programs make updating property fast and easy, and the purchase program makes it possible for clients to secure their next investment while the business climate is good.

Speaking about the apartment loans, the company's founder Bruce Myles said, "The loans are designed around your needs and not the other way around. Private money loans have to be flexible to make them different from traditional banks. We are able to take advantage of our in house programs and all the benefits of long relationships with the country's top, private investors, and apply these aggressively to your investment project. We and our investors make a profit for taking the risk no one else will take, but our loans are safe for the borrower and the investors.

About ProActive Commercial Lending Group, LLC: ProActive Commercial Lending Group, LLC, is a private lending institution founded by Bruce Myles in 2003. Since its inception, the group has been offering services that connect small to medium businesses and investors with private lenders for their financial needs.

Tags:Apartment Loans in Austin TX, Apartment Loans
Industry:Real Estate, Financial, Business
Location:Austin - Texas - United States
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