Private Lending

USUAL PRIVATE LENDING GUIDELINES AND MINIMUM REQUIREMENTS

  • Your request must be for no more than 60% of your property’s current fair market or after-repairs value. (Click here to check out your subject property’s values)
  • Your loan request will require a formal appraisal of your property.
  • Your loan request must not be for more than 5 years.
  • When funded the Private Lender will take 1st lien position on your property.
  • When funded the Private Lender must be named Loss-Payee on the property’s hazard insurance policy.
  • Prior to being funded the Private Lender must receive your Secured Promissory Note.
  • When approved, funds will ONLY be delivered to Closing Attorney or Settling Agency.

Our program’s goal is to provide you with the tools that will get you financed by a Private Lender under much better terms and conditions than those offered by any conventional financing source; banks, hard money lenders, etc., while saving you enormous amounts of time, money and effort!

Option 1)

As long as your project qualifies to the usual guidelines described above we guarantee to get you funded by a Private Lender under the best possible terms and conditions agreeable to both, you the Borrower and your Private Lender.

Q. How does it work?
A: You will provide your own and the subject property’s required information. We will then locate, contact and negotiate for you your project’s required funding with a Private Lender. We’ll provide all your information to our Private Lenders and guarantee to get you funded as long as your project qualifies to the guidelines described above. Our service is at an end only once you are funded.

Q. How much does it cost?
A) Our “Private Lenders On Demand – Done for You” program cost is only $5,000 plus 2 points.
Forms of payment: 1. All at closing. (Requires $500 processing fee upfront) or, 2. All upfront with a huge 20% discount! ($4,000 upfront, no processing fee and 1.6 points at closing.)

Obviously you’ll also have to budget for the other third-party normal costs typically associated with a real estate financing transaction: appraisal cost, insurance cost, closing costs, etc., but your total cost will be much, much less than being financed at today’s outrageous conventional or hard-money interest rates, terms and conditions. You will literally save huge amounts of time and hundreds of thousands of dollars! Also, keep in mind that as long as the required minimum 40% equity cushion exist, with a Private Lender funding your loan, you may even obtain 100% of the funding you require if you’re refinancing.

Q. How long does it take?
A. Normally we get Private Lender funding within 4-6 weeks but we could be negotiating your loan in less than 72 hours! Eventually it will depend entirely on you and your acceptance of the Lender’s terms and conditions negotiated by us on your behalf.