Our exclusive Realtor Partnership Program does not allow us to turn down Borrowers who need financial help to close escrows but have been turned down by banks. Our mission is to save Realtors their sales commission and provide them additional source of income.
We enable Realtor Partners to work in 3 ways with Hard money brokers :
Partnership Program (Submit Declines or Hard to Fund Deals to Hard Money Brokers to Fund)
Affiliate Program (Simple Affiliate Program for Reciprocal Link and Lead Sharing)
At Hard money brokers , we are committed to honouring our Referral Partners and paying our best referral fees in the industry.
Our lending programs provides for the following situations:
The Buyer has income documentation problems
The Buyer has credit problems
The Subject Property is not up to the Big Bank’s lending standards
At Westar Lending Group we won’t waste your time. If we can’t help your client, we’ll let you know right away. We work with numerous Private Investors, Pension Funds and Wall Street Funds that can provide the funds your Buyer needs to close escrow.
When the Big Banks balk, make Westar Lending Group your first call every time at
phone 818-266-8848, 818-422-9253
A loan referred to us might typically include the following:
Executive Summary / Loan Scenario
Completed & Signed 1003
Recent Appraisal, if already completed
Credit Report, if already pulled
Preliminary Title Report, if already ordered
If none of the above items are available, then all you need to do to find out if we can help your Buyer is to give us a call.
We can usually give you a verbal up or down answer over the phone, if we can do the loan, then we will follow up with a Letter of Interest within a few hours. Our funding is typically within “1” to “2” weeks, and unlike many other Private Equity Lenders, we don’t force you to fill out a bunch of forms for the privilege of submitting your client’s information and doing business with us. We respect your time, and we’ll make the loan process fast and easy.
We will consider both 1st & 2nd Trust Deeds on residential and commercial properties. Our typical maximum loan-to-value is 70% of the property’s appraised value, but we will consider higher LTV (Loan to Value) exceptions on a case by case basis. Bank Turned Down Loans.
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.