Private Money Home Loans
As a direct lender, we make quick lending decisions and are able to streamline the loan process which provides a quick turnaround time on making a decision and solving your financing needs.
Our loans provide rate and term, purchase, investor loans, and cash out with no limits for Residential and Commercial Properties; Corporations; Limited Liability Corporations, Delaware Corporations; estates, and foreign nationals – whether they are owner occupied, non-owner occupied, a second home, or investment properties.
As an equity-based lender, we approves loan applications based on the property’s equity and borrower’s ability to repay the loan (looking past the borrower’s credit and payment history). Borrowers must only have a minimum requirement of 40% equity in their property. However, if there is not enough equity, we may be able to cross collateralize the loan to another property that the borrower owns. Our rates start from 9.50% to 12.00% fixed for Fully Amortized Rates, or Interest Only, or ARM depending on borrowers’ needs. APR is different for each individual client’s needs. Please call for details.
- Loan amounts from $50,000.oo to $2 Million in 1st or 2nd lien position.
- 2nd Position loans under 50% CLTV, case-by-case.
- Foreclosure/NOD, Bankruptcy, Bad Credit -Okay.
- Purchase Money and Refinance Transactions.
- FICO problems -Okay.
- SISA, SIVA, and No Doc available on NOO and Investment Properties.
- Probate Loans -Okay.
- Rehab and Construction loans, case-by-case.
- Property Inspection in lieu of Appraisal Reports, case-by-case.
- Corporations, LLC’s, and Trusts -Okay.
- SFR and 1-4 Units up to 60% LTV. 12 Months to 10 Year Programs available.
- Industrial up to 50% LTV Interest Only, terms vary.
- Commercial up to 50% LTV Interest Only. 3 Months to 20 Years Loan Terms.
- Apartment Building Loans up to 65% LTV. Interest Only or Fully Amortized.
- Mix Used properties up to 60% LTV.
- Industrial Properties up to 50% LTV.