Commercial Lending Blog

Posted on May,04 2020
by Rich Salinaro

– $1,900,000 Blanket Mortgage – Mixed-Use Development & Three-Family Investment Home – Multiple Locations

  $1,900,000 Blanket Mortgage - Mixed-Use Development & Three-Family Investment Home - Multiple Locations One of H&O Capital Funding's repeat borrowers reached out in the midst of the shut down around the tri-state area due to Covid-19. The borrower had been working on the construction of a mixed-use property with two stores and eight apartments in Bayonne, NJ. The property was a single story retail property when he purchased it in 2016. Over the past 3.5 years the borro...

– Hard Money Lending Still an Option with H&O Capital Funding LLC

With the threat of COVID-19 on the rise, the world is facing trying times, and this has caused many lenders to start reducing their offerings or simply put a pause on lending altogether. However, we understand that there is still a need for quality lending to be made available, which is why H&O Capital Funding LLC is still active. Given the state of the economy, it is entirely understandable that many people have a need for liquidity today and we want to be able to help. We’ve worked to st...

Posted on Apr,07 2020
by Brenda Sigurdson

Hard Money Lenders

Posted on Apr,02 2020
by Brenda Sigurdson

Hard Money Lenders

– Hard Money Loans – Myths vs. Facts

In our new series of blogs, we’re going to delve into the most common myths and facts behind hard money loans and how they work. Our goal is to help you dispel the myths and provide the information that you need to make an educated decision about your lending options. The first topic is one of the most common misconceptions about hard money lending: Only People with Bad Credit Get Hard Money Loans Because the terms of a hard money loan are more flexible, they may be a better choice for peopl...

– $1,000,000 First Mortgage – 3-Family Investment – Brooklyn, NY

  H&O Capital Funding Closes on $1,000,000 Loan In this deal, the borrower came to H&O Capital Funding needing some quick cash for another project they were working on in Greenpoint. Knowing they had a lot of equity in their 3-family investment home next door, the borrowers came to H&O Capital Funding for a quick, easy closing. With plenty of value in the property, the loan was an easy one for H&O Capital Funding. Despite a few minor hurdles, the loan closed in u...

Posted on Mar,16 2020
by Rich Salinaro


Posted on Jan,31 2020
by Brenda Sigurdson

hard money loan

– Collateral Asset Valuation and How It Works

Nearly all lending involves some sort of collateral that the borrower allows the lender to place a “lien” on. A lien is a legal instrument of record, which ties up the collateral so that it may not be sold, refinanced or transferred without the debt first being paid. Depending on the type of loan you are looking for, some lenders will be more specific about what collateral they need, while others may just request a certain dollar amount, and accept it in any form of asset that you have avail...

– $540,000 First Mortgage – Warehouse plus Office – Hicksville, NY

  $540,000 First Mortgage Loan - Warehouse plus Office - Hicksville, NY Another repeat borrower for H&O Capital Funding after a successful transaction in 2016. In this deal, the borrower came back to H&O to refinance the same property he collateralized in the last deal. With occupancy that doesn't exactly meet the Certificate of Occupancy, the borrower was having trouble getting a conventional loan and he needed to clear some funds for his business fairly quickly. As H&...

Posted on Jan,30 2020
by Rich Salinaro


Posted on Dec,19 2019
by Rich Salinaro

– $750,000 Blanket Mortgage – Two multi-family properties in Westchester

$750,000 Blanket Mortgage - Two multi-family properties in Westchester This deal featured a repeat borrower, who is a young investor in multi-family real estate. The investor came to H&O Capital Funding looking for a loan across two properties in Westchester, one in New Rochelle and the other in Port Chester. The investor was looking for a quick cash out for another business venture he was looking to pursue.  Having had previous dealings with H&O Capital, the borrower knew of H&O ...

– $2,000,000 First Mortgage – Office Property – Scarsdale, NY

  $2,000,000 First Mortgage - Office Property - Scarsdale, NY Quick Closing! The borrower had been working on a refinance with another Lender when it became clear they were not going to be able to perform. The biggest issue the borrower had was the timing, as the other Lender would not have been able to close until the new year. The borrower needed to close by the 20th of December to salvage another deal he was working on. In stepped H&O Capital Funding who guaranteed that t...

Posted on Dec,18 2019
by Rich Salinaro


Posted on Dec,16 2019
by Rich Salinaro

– $1,800,000 First Mortgage – Mixed-Use Property – Manhattan, NY

  $1,800,000 First Mortgage - Mixed-Use Property - Manhattan, NY In this deal, the borrower approached H&O Capital Funding looking for a cash-out refinance to take some equity out of the property. The borrower needed to buy some time to find a tenant for the vacant restaurant at the property. The borrower previously occupied the restaurant himself, but is moving towards retirement and wanted to leave the restaurant business altogether. The cash out allows the borrower to agg...

– $499,000 First Mortgage – Masonic Temple – Brooklyn, NY

  $499,000 First Mortgage - Masonic Temple - Brooklyn, NY A fraternal order of Freemasons based out of Brooklyn, NY came to H&O Capital Funding looking for a quick cash infusion to make some much needed repairs to their beautiful temple in the Clinton Hill area of Brooklyn. Needing new elevators and a new boiler before the cold weather truly sets in, the Freemasons needed to close quickly to get the repairs started before the holidays. H&O Capital was only too happy to p...

Posted on Dec,09 2019
by Rich Salinaro


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