Hard Money Specialist

Bridge Loans
from $1 million to $100 million+

Super Fast Turn-Around
2 Days for Commitment
As Fast as 10 Days for Closing
Up to 65% Loan-to-Value Ratio
Commercial Property Acquisitions
    and Refinancing
Development and Construction
Bank Workouts
Bankruptcies & Foreclosures

Traditional lending institutions take their sweet time to close on a multi-million dollar loan. We think your time is too valuable to waste.

Call Kennedy at (201) 342-8500,
or fill out a quick
Loan Application Form.

Kennedy Funding Lawsuit, Complaints & Fraud

In the private lending industry, the types of deals usually pursued include commercial property acquisition, development and construction, income producing properties, turnaround situations, land acquisition, and others where the loan is secured by commercial real estate. In these instances, chief among the borrower’s responsibilities is having an up-to-date, realistic appraisal of the collateral in question. This is most important.

Because if the borrower misrepresents the value of said property, then the lender cannot be expected to proceed with a closing. Furthermore, this can and often does precipitate complaints, lawsuits, and allegations of fraud on the part of both the borrower and the lender. If proceeding to trial, such a case may become remarkably expensive for all parties concerned and is, therefore, a scenario which most agree is better avoided.

Scenes such as these are easily circumvented. Prior to approaching a lender, the borrower and/or broker should have in hand an honest, independent appraisal of the property in question. The lender will perform due diligence and arrange to have its own evaluations done by experienced consultants and/or appraisers.

Remember: Misrepresentation gains nothing but disagreement, allegations, and acrimony.