Prior to the founding of Corridor Funding, real estate investors were limited to banks and traditional hard-money lenders as financing options, both of whom make the process complicated, drawn-out and ultimately riddled with unexpected expenses. We are positioned between the two traditional funding sources. We stand on a firm foundation of integrity, professionalism and strategic process to get your loan funded.
Real estate investors need reliable and efficient access to capital—a luxury that is becoming increasingly hard to come by. With LIBOR increasing nearly sixfold since the start of 2022 and the median 30-year mortgage fixed-rate jumping 1.5 percentage points in the last three months alone—the most rapid spike in over 28 years—some private money lenders are responding by lowering leverage to 65-70% of purchase price of proposed projects or even halting lending operations altogether.
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