Monroe Funding Corp

Moratorium on Mortgage Payments Ending June 30th

LogoAs a response to the COVID-19 pandemic and the financial effects on millions of Americans, President Biden has taken action to alleviate some of the burdens that could cost Americans their homes.

Monroe Funding Corp.'s New Website Is Ready to Help Serve

LogoThe goal of Monroe Funding Corp is to help serve you by providing you with hard money loans and services quickly and efficiently, and we believe our new website can help us do just that.

Orlando Makes List of Best Cities to Invest In

LogoOrlando has made Bensinga’s - Michigan-based financial news media outlet - list of best cities to invest in real estate in 2021.

GenX Lends Hard Money and Equity Combos

LogoReal estate sponsors have been asked in recent months to bring cash to the table during closings, which deletes their coffers and overall returns. Closing out the financing process and securing equity pieces is one of, if not the most, challenging parts of the closing process. If you fail to secure, at least 30 - 35% can close a deal on the spot. Real estate developers and investors of all sizes have felt the effects of this for years, especially with banks pulling back their loan-to-cost/loan-to-value (LTC/LTV) lending percentages since the ongoing pandemic.

Useful Information when Funding Projects

LogoThere may be real estate developers who believe that if they don't have enough money to complete a project, they should still start a rehab project anyway. It may not be the most opportune solution. It's risky to start a project and have it completed if there aren’t sufficient funds available to cover the project entirety or unforeseen scenarios.

Useful Information to Know when Browsing Listings

LogoA major publication published an article in 2019 describing how third-party retailers used outdated electronics, toys, and books to sell as new to previously unaware consumers on a major e-commerce platform. Because of the restricted power of the retailer, customers were advised to be extra cautious about these vendors.

Florida May Be Facing a Foreclosure Fiasco

LogoBecause of the COVID-19 pandemic, a ban on foreclosures gave protection to households struggling to pay their mortgages. However, with Florida currently ranking second in the country, foreclosure filings are on the rise according to ATTOM Data Solutions.

Monroe Funding Corporation Now Offering Services in West and Central Florida

LogoMonroe Funding Corporation is pleased to announce it has expanded its services to the regions of West and Central Florida, providing hard money lending solutions to an even broader array of clients.

Florida Evictions and Foreclosures May See a Surge

LogoAccording to newly released information provided by the U.S. Census Bureau, Florida is in the top spot when it comes to states where evictions or foreclosures are most likely to happen.

Monroe Funding Corporation Provides Competitive Naples Real Estate Financing

LogoFor those seeking Naples real estate opportunities, Monroe Financing Corporation is a direct equity lender servicing consumers in this area. The lender specializes in first mortgages on acquisitions in non-owner owned residential and commercial property and lending options for real estate.