Bankers Alternative Funding is a private funding company in the State of Florida focused on lending money for real estate transactions. We specialize in arranging private hard money real estate loans. We possess over 40 combined years of real estate and private hard money lending experience.
Our loans are funded quickly and we pride ourselves on offering the most competitive interest rates and closing costs available. We arrange both residential and commercial loans within the state of Florida. Primarily we offer loans for purchase, refinance, fast-cash, construction and investment rehab “flips.”
Among the property types we lend on are; single-family homes, condominiums, condo–hotel, mixed-use, multi-family, retail, office and condo-offices.
Bankers Alternative Funding specializes in arranging Private Loans. Our loans are based primarily on equity and not a borrower’s credit.
Bankers Alternative Funding arranges residential and commercial mortgages and funds these loans with our mortgage fund or private investor capital. We receive new loan requests weekly, which in turn create a steady stream of attractive mortgage note opportunities.
Our underwriting standards are based primarily on the value of the real estate. Loan approval decisions rely less on credit scores and more on the value of the property in relation to the loan amount.
•Evan Kagan is an attorney practicing in Washington DC and Florida. Mr. Kagan has served as an Air Defense Officer in the US Army, and has owned many companies including a technology company sold to one of the largest technology companies in the world in 2010.
•He currently owns a real estate brokerage company with more than 130 agents, a law firm, and a title company.
•Evan is an active investor holding interests in several companies including a leading medical device distributor.