Agile Hg
Smith Investments Holding Group (SIHG) originally started as private hard money lending company.
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Revenue: $359.3k
Employees: 2-10
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Description
Smith Investments Holding Group (SIHG) originally started as private hard money lending company focusing specifically on lending for single-family homes. Many people cannot afford a 20% down payment for a new home. Because of that, they are then required to pay an additional fee, in order to qualify for a mortgage. This fee is called PMI, or Property Mortgage Insurance. Smith Investments Holding Group does not charge PMI, to those who qualify, and instead secures its investments with origination fees and higher interest rates, for shorter-term loans than traditional banks and other third-party lenders. Now, SIHG has morphed into becoming a private lender for construction loans, bridge loans, land loans, home loans, property “flip” loans, investment/second/third property loans, and small business inventory loans.
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