The Fastest Real Estate Crowdfunding Site in AmericaTM
HOUSTON–(BUSINESS WIRE)–Zeus CrowdFunding, the fastest real estate crowdfunding site in America, will offer borrowers a new incentive unmatched in the rapidly growing financial sector: the real estate crowdfunding industry’s first loyalty program. Repeat borrowers with the company can borrow up to 80 percent of a property’s after-repair value (ARV).
Need fast-break financing? Forget betting on the NCAA tournament. This March, Zeus Hard Money, the fastest hard-money lender in America, will offer real estate borrowers a slam dunk of a deal: 9.5-percent interest rates on 1–30-year loans.
It’s an offer few lenders in the mortgage industry can match, but Zeus Hard Money won’t stop there. Borrowers will also pay origination fees of only 1.5 percent throughout March.
“We’re really a second-chance financing option” for property investors, says Steven Kaufman, Zeus Mortgage’s president and founder.
Home remodelers, meet the crowdfunding crowd.
Zeus Mortgage in Houston has rolled out an online real estate financing platform that seeks to match accredited investors with property holders who need funding for renovation jobs, construction projects and cash-out as well as other refinances.
Since Title II of the JOBS Act went into effect September 23, 2013, crowdfunding has been gaining traction. With investors becoming increasingly more comfortable with new Fintech platforms, the amount of money invested in crowdfunding in the Americas jumped from $11.4 billion in 2014 to $36.49 billion in 2015 – and Technavio market research analysts predict the overall industry will grow at a compounded average annual rate of 27% through 2020.
Zeus Mortgage Bank, the fastest mortgage lender in America, launched a new platform last month offering its fastest financing opportunities yet. The new online portal, ZeusCrowdFunding.com, will introduce real estate borrowers to the next evolution of hard-money loans.
The advantages that marketplace lending has over traditional lending include lower costs, greater efficiency, and trust.