HOW IT WORKS
We provide mortgages to borrowers and investors for real estate projects. Borrowers use our service because new bank regulations act as hurdles for banks to lend on various real estate projects or in a timely manner. We provide an alternative resource to borrowers.
WHAT IS SCARSDALE LENDING CLUB?
We are a private lending platform for real estate. With interest rates at historical lows and certificates of deposit yielding low returns, a few local investors came together to offer first mortgages secured by real estate. Given the vast rebound since the real estate collapse, Scarsdale Lending Club offers a method for accredited investors to participate in individual real estate projects, as first mortgage lien holders.