Since 1973, the Andreadis family has been providing private mortgage services to real estate owners and investors in the New York City area. George Andreadis, his son Nikos, and their staff invite you to click on the "Loan Guidelines" tab at left for more information. We look forward to speaking with you.
* First mortgages only
* Corporate or LLC borrower, with personal guaranty by principal(s) of borrowing entity
* Properties in New York City, Long Island and Westchester
* We lend on commercial or residential property, but not on primary residences
* Originations of between $75,000 and $500,000
* Maximum loan-to-value ratio of 70%
* Loan term of one to two years
* Interest rate: 12% + 2% origination fee
* Interest held in reserve account, to be disbursed monthly
* Closing costs: Title insurance, legal fee, origination fee, pre-paid interest
* Borrower must maintain fire insurance throughout the loan term
* All loans subject to inspection of property, title report, and credit history
Hard Money Lenders IO is a Private Lending Company providing loans to real estate investors and entrepreneurs. We give quick and easy loans to help you overcome your financial barriers. We offer tailor-made loans to suit your specific needs.