Prime Funding is the Philadelphia areas leading private money rehab lender. For more than 20 years, PFI has been successfully providing customized solutions to its customers by offering non-conventional short term lending for the acquisition and rehab of investment real estate.
At Prime Funding we have a philosophy of responsiveness and innovation. We work closely with each borrower incorporating individual needs to produce the ultimate solution for your rehab project and overall business strategy.
Our fixed rate interest only program allows for better management and rehab of the property by allowing the customer to make monthly interest only payments on the funds that have actually been drawn from the line. Other lenders may require monthly principal and interest payments on the entire loan amount, even though only a portion of the funds have been used.
When comparing PFI to other lenders keep in mind they may advertise a lower "teaser" rate and points, but once you add up the additional closing fees as well as recurring inspection fees-your pockets will be empty before you know it! Our fixed rate is based only on the funds you have received and Prime Funding never charges an inspection fee. At Prime Funding, our closing fees are one-time, so you can focus on the job at hand - the successful rehab of your property.
Our indivualized approach, quick response time in inspecting properties (in most cases within 24 hours of request), ability to close loans quickly and proven track record of success are just a few of the many factors that separate Prime Funding from other lenders.