Have the banks turned you down? Are you having difficulty getting conventional financing?
WE OFFER AN ALTERNATIVE TO BANK FINANCING!
IN-HOUSE DECISION MAKING — A DIRECT LENDER
NO CREDIT RESTRICTIONS
Our company has been offering collateral-based loans to borrowers since 1979. We provide alternative financing for those not eligible for traditional financing, or simply need to close escrow quickly.
As a direct private lender, we offer immediate decisions and flexible underwriting. Despite excellent credit, stable income and tremendous equity, many borrowers have difficulty dealing with banks or simply don’t have the luxury of waiting months to get the money they need.
Real Estate Investors Welcome!
No Limit on Owned or Financed Properties!
Get Started Today with Our Easy Loan Application
Today’s banks are broken!
Our parents used to open a bank account and in return get a toaster. Today’s joke is that when you buy a toaster they give you a bank! It’s true that conventional lenders have tightened underwriting so much they’re like zombies! The pendulum has swung so far in the opposite direction they’re no longer able to function. Todays banks typically make excuses for turning down loans scenarios where the properties have plenty of equity, borrowers have excellent credit and stable income.
Comparing “Private Money Rates” with “Bank Rates” is like comparing apples with oranges!
Don’t be surprised at the difference in rates between Bank Money and Private Money. It’s no comparison if one is unwilling to lend you the money. Private Money is more expensive, however with sufficient equity and reasonable ability to pay we usually can provide the money you need.
If you’re able to qualify conventionally and don’t have an issue waiting months to obtain your loan, that’s definitely the smart road to travel. On the other hand, if you can’t qualify conventionally we offer a great alternative…”Private Money Financing”.
Don’t let fallout from the Mortgage Mess prevent you from obtaining the money you deserve. Banks aren’t the only game in town! You’ve got options with Private Money Financing. Private Money Lenders are able to use a common sense approach to lending. We can usually allow equity to mitigate other possible negative factors whereas banks likely throw in the towel.
Common Sense Underwriting
Based Primarily on Equity
Fixed Rates – 1st & 2nd Trust Deeds
Purchase, Refinance & Cash-Out
Fix & Flip – Remodel or Finish Construction
Divorce Settlement – Sibling Conflicts
Loans for Any Purpose
Consumer or Business Use
Owner or Non-Owner Occupied
Salaried, Self-Employed or Retired
Swing or Bridge Financing
Residential – Mixed-Use – Commercial
Apartment Buildings – Retail – Industrial
All Credit Accepted
No Minimum FICO Credit Score
Forms – click to download
- Certification of Authority to Receive Customer-Borrower Information
- Credit Report Authorization and Release
- Homeowners’ Association Certification
- IRS – Tax Information Authorization
- Mortgage Gift Letter
- Rent Roll
- Schedule of Other Real Estate Owned
- Statement of Information
- Tenant Estopple Certificate