HOUSTON--(BUSINESS WIRE)--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.
In the finance industry, the term “hard money” typically refers to high-interest-rate, asset-based lenders. Hard-money lending involves offering a loan to a borrower using the borrower’s own real estate as collateral for the loan. Obtaining a hard-money loan is often a fast process that does not require the same level of qualification criteria associated with traditional bank loans. That makes hard-money loans a particularly attractive option for borrowers who need funding quickly or have checkered credit histories.
Now, hard money has evolved. Using cutting-edge digital tools, Zeus CrowdFunding improves upon the hard-money model of lending. Like more traditional hard-money loans, loans secured through Zeus CrowdFunding’s platform can be used by borrowers to accomplish financial objectives and make money using hard assets as collateral. Unlike hard-money loans, however, Zeus CrowdFunding allows many different investors to pool their resources into a single, transparent loan.
“Zeus CrowdFunding uses the unprecedented reach of the Internet to secure accredited investors from around the globe and fund short-term, event-driven, and project-driven real estate opportunities,” said Zeus CrowdFunding Founder and Chief Acceleration Officer Steven Kaufman. “Crowdfunding offers all of the advantages borrowers love about hard-money loans, but speeds up the funding process further still—and Zeus CrowdFunding is the fastest real estate crowdfunding site in America.
“Best of all, our new platform is open for business 24/7 online,” Mr. Kaufman added.
Borrowers seeking financing options at or below market terms can sign up to join the Z-Crowd now at AskZeus.com and begin borrowing in minutes. The platform specializes in lending opportunities up to $2 million, secured by first lien and personal guarantees. Zeus CrowdFunding can fund real estate projects in as little as 4 days.
About Zeus Mortgage Bank
Zeus Mortgage Bank is a Texas-based mortgage lender providing the right loan at the right time at the right price for our clients. We pride ourselves on being the fastest mortgage lender in America, and our clients love our Lifetime Mortgage Warranty. Zeus Mortgage Bank has been ranked as one of the fastest-growing mortgage companies in the U.S. by Inc. Magazine, and as one of Houston’s Best Places to Work by the Houston Business Journal. Our teams of experts are regularly interviewed by ABC, CBS, FOX, CNN, and Bloomberg News on the real estate and mortgage markets.
About ZeusCrowdFunding.com
ZeusCrowdFunding.com is an online real estate crowdfunding platform launched by Zeus Trust Company in 2016. The ZeusCrowdFunding.com platform offers borrowers the flexibility to structure custom-tailored financing options that address a variety of unique transactions involving property acquisition, refinancing, discounted home buying, renovation projects, transitional properties, non-traditional borrowers, fix-and-flip projects, fix-and-hold projects, transactional financing, gap financing, and transactions requiring time-sensitive funding. For more information on ZeusCrowdFunding.com, please visit AskZeus.com.
