Interview with New York Association of Mortgage Brokers - Is Soft Money the Future of Lending?

Michael Mikhail, the CEO and Founder of Stratton Equities is interviewed by Mark Favaloro owner of AAamtrust Mortgage about Soft Money Loans and if Soft Money is the Future of Lending.

Nationwide Soft Money Loans
A soft money loan requires more underwriting than a hard money loan, allowing it to have lower rates and greater security. It is based on both the borrower’s credit score and the property’s LTV, and is usually a term loan rather than a bridge loan.

In the context of lending, the term ‘soft money’ implies that this type of loan falls somewhere between a hard money loan and a traditional mortgage.
Rates Starting at 4.375%
$100K – $5M
Up to 85% LTV
Blanket Loan Options Available
Single-Family, Condos, Townhomes, Multi-Family, Commercial, Mixed Use, Office, Retail, Industrial, Warehouse
Fixed rates/Adjustable
5, 7, 30 Year Fixed
Interest Only Option Available
Foreign Nationals Eligible
No Prepayment Penalty Option Available