As a Direct Lender – we work with Consumers and protect Brokers
Offering Stated Income and Ez doc loans. Fast closings
* Call Jamie at 310-737-8420 *
Single Family - both Owner and Non Owner occupied
Types of Loans: First Loans. Second Loans, Construction Loans, Swing Loans, Interest Only Payments, Equity Loans, Non-Conforming Loans, Fixed Rates
Lending Area: Mainly in California.
• Orlando Florida
• New Mexico
Loan Size: From $100,000 to $4,000,000
Loan Term: 1 to 30 years (longer terms considered on a case by case basis)
Amortization: Interest only
Interest Rate: 8.99% - 12%
Loan-to-Value: Loans to 75% LTV (Maximum LTV determined on a case by case basis)
Debt Service Coverage: Non applicable
Origination Fee / Points: 2% to 5% of the loan amount (call for a quote) **Par pricing available to NMLS brokers.
Prepayment Penalty: 3month to 2 years depending on loan product
WHAT WE DO
• We have been in the lending business since 1988
• We originate first and second loans and service mortgage investments for our private and pension plan customers.
• We arrange permanent loans, construction loans, and take-out loans on residential and commercial loans in California.
• We buy existing notes secured by Trust Deeds.
• We provide the Real Estate community with a source for conventional and non-conforming loans.