Mortgage Bridge Loans in New York and Connecticut
Jerry Houlihan of Houlihan-Parnes Properties with its affiliate mortgage servicing company H-P Capital LLC has arranged the placement of bridge financing for properties located in the New York and Connecticut markets.
$200,000 1st Mortgage loan on a 3-family house in South Norwalk, CT.
$200,000 2nd Mortgage Loan on an 8-family house in Stamford, CT.
$200,000 2nd Mortgage Loan on a single-family house in Bayville, NY
$200,000 1st Mortgage Loan on a single-family house in Yonkers, NY
$350,000 1st Mortgage Construction Loan for a 2-family house in Yonkers, NY
$280,000 1st Mortgage Construction Loan for a renovation of a property in Stratford, CT.
$280,000 2nd Mortgage renovation loan of a property in Fairfield, CT.
All the loans are for a 12-18-month term and were closed within weeks of initial approval.
As an experienced private lender, Houlihan-Parnes can act quickly to close as needed. Loans are up to 2 years with flexible prepayment schedules. Funds are available for quick purchases, refinances, foreclosure exits, bankruptcy settlements, mortgage buybacks and renovations.