About
CoolMellon is a direct lending platform offering residential homeowners an alternative to existing borrowing opportunities while providing high yield fixed income returns to institutional investors secured by the the real estate’s value. Stringent lending regulations, as a result of the Dodd Frank Act, low interest rates and plain fear have made traditional banks less inclined and less capable of lending. Federally mandated requirements under Dodd Frank layered on top of individual institutional parameters create an environment where solid borrowers may not have access to capital. CoolMellon operates in this space by providing a short term bridge that will allow borrowers to purchase the home the desire while providing a path to a place where the Dodd Frank and/or traditional lending concerns are abated; in addition to providing investors returns on investment that is lacking in today's fiscal environment.