Private Money Lending is fast; is much easier to qualify for and is available now!
This type of lending is available on all types of real estate: residential, commercial, even land loans, construction loans and development loans! We Also provide Joint Venture partners to supplement the equity requirement in many Real Estate transactions.
Realistically here is what you can expect from private money lending and Joint Venture placement::
Loan to Value:
Interest Rates: 10.9% - 14.9% (some restrictions apply)
Terms: Interest only loans or amortized over 20-30 years with balloons in 6 months to 5 years depending on your circumstances
Loan Amounts: $20,000--$20,000,000 or more we have programs for homeowner purchases and refinances to development acquisition loans. Call us to discuss your needs.
Private money lending is great for special circumstances such as having been turned down before; short time frames; corporate borrowers even if there are bankruptcies or foreclosures involved.
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