Our company arranges Private Equity/Hard Money Loans funded by Private Investors and Pension Funds to Borrowers that are not able to obtain traditional bank financing, due to a Borrower’s credit or income not fitting in the box for the approval standards of the Big Banks or other large institutional lenders.
Our company’s lending standards are so much different than what is employed by traditional funding sources, such as Fannie Mae and Freddie Mac. Our Borrowers won’t spend months with us trying to get financing. We let our Borrowers know right away what we can do, and when we can do it.
We’re aware that the process of applying for a Hard Money Loan can be a stressful experience.
We don’t put our Borrowers through weeks and weeks of investigation into their credit histories, credit payment records, and then calling numerous times about credit items we have discovered on the credit report, and how it might prevent our Borrowers from getting the mortgage loan they need.
We also don’t make Borrowers jump through hoops searching for tax returns and associated documentation to prove their income.
We base our mortgage loans on the equity Borrowers have in their properties, so Borrowers won’t have the same bad experience they’ve had in the past with institutional lenders.
We always try to make the mortgage process as easy and pleasant as possible.
Non-Owner-Occupied Residential Properties
Our company’s real estate loans are designed for Borrowers that have poor credit, bad credit or limited income who need money for a real estate investment acquisition or for the refinancing of an existing investment property.
Borrowers can use their existing rental properties to pay off existing debt or to obtain cash out for additional investment purposes. We can lend money to purchase residential, apartments, commercial or industrial properties. We can structure our loans to an individual, a corporation, an LLC, a Partnership or to a Trust. In today’s California real estate environment buyers need to move fast to take advantage of buying opportunities. We can move as fast as necessary to help real estate buyers achieve their financial goals.
We believe that just because our Borrower has bad credit or low income,this should not prevent them from getting the real estate loan they need.
Negative Credit and low income will not be a problem in lending money, since we are basing our loans on your existing equity or equity in the property being purchased.
Borrowers can use their existing rental properties to pay off existing debt or to obtain cash out for additional investment purposes. We can also lend money to purchase residential apartments, commercial or industrial properties. We can structure our loan to an individual, a corporation, an LLC, a Partnership or to a Trust. In today’s California real estate environment buyers need to move fast to take advantage of buying opportunities. We can move as fast as necessary to help real estate buyers in achieving their financial goals.
We believe that just because our Borrower has bad credit or low income, this should not prevent them from getting the real estate loan they need.
Negative Credit and low income will not be a problem in lending money, since we are basing our loan on your existing equity or equity in the property being purchased.
OUR PRIVATE EQUITY LOANS ON INVESTMENT PROPERTIES CAN BE STRUCTURED AND CUSTOMIZED FOR THE FOLLOWING:
Refinancing an existing property
We can fund a Hard Money Loan on an existing rental property already owned by our Borrower or on a property being purchased. Either way, our Borrower’s credit will not prevent our company from assisting with real estate financing to take advantage of a possible money making opportunity.
When cash is needed, or an existing loan has come due for payoff, our Investment Loans can be used by our Borrowers to pay off financial obligations without the unfortunate decision to sell a property to pay off an obligation.
Buy and Hold Strategy
Borrowers can use our Hard Money Loans to make necessary repairs and to make additional improvements to a newly purchased property. Our Hard Money Loans can then roll over into permanent financing for the balance of the term of the loan.
Business Plant and facility Financing
Our Business Loan financing programs are designed for Borrowers who have credit and income problems that need necessary funds required for a business purpose. Private Equity Loans can be made to an individual, a Corporation, an LLC, a Partnership or to a Trust, and can be used for expansion, or to start a new business and can be secured against the Borrower’s owned commercial property.
When space becomes a problem for a growing business, our Private Equity/Private Hard Loans are a good choice for financing facility expansion. Funds are available for construction and equipment purchases. We are flexible on our terms and due dates, so we can tailor a financing program that fits our Borrower’s business needs.
OWNER OCCUPIED PROPERTIES
Our company does fund Hard Money Loans on Owner Occupied properties, but due to the Federal Dodd-Frank Consumer Lending Law, we don’t fund Consumer Purpose Loans on Owner Occupied properties. Our company can arrange a loan on an Owner-Occupied property, but only as either a Business Purpose or Investment Purpose Loan.
Following are some specifics on each loan type:
Our company can arrange a Private Equity/Hard Money Loan for a Borrower that is secured by their personal residence provided the funds will be used for a business purposes. The funds can be used for either a current operating business or for the opening of a new business. We are required by law to obtain a Business Purpose Statement from our Borrowers and further confirm that the funds will be used for a business purpose. We always do our best to make the process smooth and easy.
We developed our Business Purpose Loan program to assist Borrowers with credit and income problems use their personal residence to obtain business funds. We can use the equity in the Borrower’s personal residence to provide the needed business funds.
Our company can provide a Borrower with a Hard Money Loan that is secured by their personal residence, provided the funds will be used for an Investment Purposes. The funds can be used to purchase additional investment real estate, invest in financial products or any investment opportunity.
We are required to obtain an Investment Purpose Statement from our Borrowers and further confirm that the funds will be used for an Investment Purpose. We always do our best to make the process smooth and easy.
We developed our Investment Purpose Loan program to assist Borrowers with credit and income problems use their personal residence to obtain investment funds. We can use the equity in the Borrower’s personal residence to provide the needed investment funds.
BUSINESS OPERATING FINANCING
Our company can arrange a Private Equity/Hard Money Loan that can be used to balance out cash flow throughout the year or to provide additional capital to purchase inventory or finance desired business projects. If the business carries inventory and additional capital is needed to make necessary purchases from wholesale suppliers, we can arrange the money necessary to make the business more profitable.
Don’t let negative credit, bad credit or lack of income stand in the way of making the business successful. We look at the equity in the subject Property to lend the money needed.
When opportunity presents itself, our Business Purpose Loans can be used to move a business to the next level, or to simply take advantage of immediate opportunities. If a Borrower needs to get acquisition money to buy another business or complete a joint venture, we can arrange the funds needed.
We can lend money on an existing property owned by the Borrower or by the business or for a property being purchasing to structure business expansion.
Start the Pre-Qualification Process.
EQUAL HOUSING LENDER
Some products may not be available in all states. Restrictions apply. All rights reserved. Pre-qualification is neither pre-approval nor a commitment to lend; you must submit additional information for review and approval. Approval may be subject to rate increases, satisfactory title and appraisal review, and no change in financial condition.
*Refinancing or taking out a home equity loan or line of credit may increase the total number of monthly payments and the total amount paid when comparing to your current situation.