The Nation’s Leading Direct Private Lender

How did the Kennedy Funding Mortgage Fund get to be number one? We saw a need in the marketplace – and we filled it.

When the Kennedy Funding Mortgage Fund began, we were different from the very start. Because we had spotted two glaring deficiencies in the lending arena, and we set out to meet them. Those two deficiencies were speed and flexibility. Or, rather, the lack thereof.

You might well ask why this was so. The answer is that, at the time, the banks and other traditional lending bodies saw no need for either speed or creativity. They knew that they had a virtual monopoly on the lending venue, and borrowers therefore had little or no recourse than to wait weeks or even months for their loan to close. And when it came to ‘special’ or ‘unique’ conditions having to do with their loan, there was almost no leeway; if a loan was too special, it was dropped. Which means they had to try elsewhere.

Kennedy took that philosophy head-on, and became known in the industry for providing hard money loans quicker than anyone else, and being able to work with the borrower to make sure his loan closed, even though it came with considerations that the traditional houses wouldn’t touch.

Today, our evaluative process is quick, expert, and thorough, determining the intrinsic value of both the collateral and the project for which the funds are requested. We have the ability to issue loan commitments in as little as 24 hours, which can lead to a closing in less than a week, sometimes even less. And available financing ranges from $1 million to $100 million and more.

While specializing in commercial real estate loans, we have funded such diverse enterprises as high-profile golf courses, amusement parks, TV and radio stations, airlines, even sports complexes. Professionals including land-use developers, resort builders, entrepreneurs, and major businessmen have used our services to great success. And Kennedy can fund up to 65% loan-to-value for commercial land development, acquisitions, workouts, refinancing, bankruptcies, and foreclosures.