| Author |
Previous Topic | Next Topic |
|
ambitiousbroker
1 Posts |
 Posted - 07/30/2008 : 4:39:19 PM
|
| I'm interested in finding COMMERCIAL hard-money lenders that lend on properties without charging excessive up-front fees and actually close deals. If you know of any good hard money lenders, I would be interested in the referral. We do quite a bit of hard money business, nationwide, varying loan sizes. Direct lenders/investment groups only - no brokers. Email me at tathens@commercialloansrus.com with pertinent contact information and what type of deals you do. Thanks. |
|
ag957
512 Posts |
Posted - 07/30/2008 : 5:31:40 PM
|
We are a direct hard money lender in CALIFORNIA.
* no prepay penalties
* 1sts/2nds - up to 65% LTVs - up to $20M
* residential and commercial
* low doc requirements ( no ficos/no tax returns)
* NO UPFRONT DUE DILIGENCE FEES
Art Gilberg
Trust Deed Investments, Inc - Direct Hard Money
Tel: 415-760-2338
Email: agilberg@aol.com |
|
|
dkendall1979
10288 Posts |
Posted - 07/30/2008 : 5:58:03 PM
|
I can do no upfront fees in CA only. All other states, there will be a DD deposit required. Travel expenses alone would run a fortune.
CA program -
9.9% IO
SISA - True No Doc, equity only loans
No prepay
no appraisal needed
12-36 month term
60% Max LTV
good zip codes only (no Calexico)
Can have same day docs if the right deal
1.5 - 3pts cost (1.5 on SOLID deals, 3 on iffy deals)
Outside of CA - Super Jumbo Residential only. Full doc to 70%, SIVA to 60% (click below for more details, yes those rates are correct even for hard money) |
|
|
Alisa1
226 Posts |
Posted - 07/30/2008 : 6:15:07 PM
|
| We're a direct hard money lender located in NYC. Only up front fee is the appraisal. We close 1-2 weeks from receipt of appraisal. Rates range from 12-16, points from 2-6. |
|
|
TAMPALOANMAN
423 Posts |
Posted - 07/30/2008 : 7:03:58 PM
|
Hello we or a nationwide direct hardmoney lender:
VIST OUR SITE AT HTTP://HARDDMONEYLOANS.COM
We can fund, sfr and commerical from 24k to 240million
NO UPFRONT FEES
STATE YOU INCOME
NO SCORES OKAY, BUT THE DEAL MUST MAKE SENSE
50YRS OF HARDMONEY LENDING
Highest Appraised values given on your deals in the business
@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@
SFR OWNER AND NONOWNER OCCUPIED
OWNER FROM 24K 25 MILLION
NONOWNER STATED INVESTOR, CONDOS, FORECLOSURES, DUPLEXES TO 50% REFIS ONLY
MAKE UP TO 4PTS, GREAT RATES 12:50% GREAT RATES AND TERMS
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
COMMERICAL FROM 100K TO 240MILLION
INCOME PRODUCING ONLY, WILL GET 60% REFIS ONLY
STRIP MALLS,
OFFICE BUILDINGS,
GAS STATIONS
RESTURANTS
SMALL BUSINESSES
LARGE COMMERICAL PROJECTS THAT MAKE SENSE
PLEASE PLEASE PLEASE ONLY FULL PACKAGES ON COMMERICAL WILL GET APPROVAL AND ANSWERE WITHING 36 HRS
GREAT RATES, GREAT TERMS, GREAT PEOPLE TO WORK WITH THAKS SO MUCH
BRENT THE HARDMONEY MAN
8135165210
HARDDMONEYLOANS.COM
SUBMITT ONLINE AND WE WILL CONTACT YOU WITH THE HOUR. THANKS AND GOD BLESS.
GOOD LUCK TO YOU AND YOUR CLIENTS. |
|
|
Jeff81
63 Posts |
Posted - 07/31/2008 : 05:58:51 AM
|
ADVANTAGE CAPITAL is your equity based lender. Loans available in AZ, CA, CO, FL, NV, OR, UT, & WA
Advantage Capital offers a TRUE hard money HELOC program!! Specializing in 1st and 2nd liens on Non-Owner Occ properties
HELOC program highlights
No Minimum FICO
Up to 55% CLTV
Primary Residence, Non-Owner, Mixed Use - 1st or 2nd position
Loan amounts from $25,000-$1,000,000
SISA - (CO and NV loans require income verification)
No Prepayment Penalty
No Max Cash Out
Foreclosure Bailout and Bankruptcy Buyout Okay
Interest Only payment terms
Broker can earn up to 4+ points!
Traditional Hard Equity 1st mortgage program
Non-Owner only (some mixed use possible)
No Prepayment Penalty
No Minimum Fico
SISA (CO and NV loans do require income verification)
Up to 60% LTV Cash Out
Loan size $150k - $1m
No Max Cash Out
Broker can earn up to 4+ points!
REO / Rehab / Unfinished Construction Loans
Non-Owner
No Prepayment Penalties
No Minimum Fico
Un-permitted Addition Correction OK
SISA
Cash out to 60% of As-Is value
Loan size $150k - $1m
Broker can earn 4+ points!
NO UP FRONT FEES!!!!!!!!!!!!!!!!!!!!!!!
quote:
Originally posted by ambitiousbroker
I'm interested in finding hard-money lenders that lend on properties without charging excessive up-front fees and actually close deals. If you know of any good hard money lenders, I would be interested in the referral. We do quite a bit of hard money business, nationwide, varying loan sizes. Direct lenders/investment groups only - no brokers. Email me at tathens@commercialloansrus.com with pertinent contact information and what type of deals you do. Thanks.
|
|
|
joe313
650 Posts |
Posted - 08/01/2008 : 07:54:45 AM
|
Commercial hard money in all 50 states here. No points upfront, only DD costs. Right now we're looking for loans in the $500k-$7m range.
|
|
|
Mark_GMC
579 Posts |
Posted - 08/01/2008 : 08:42:55 AM
|
| See below, love to help you out. |
|
|
jloans2003
200 Posts |
Posted - 08/02/2008 : 01:19:00 AM
|
| depending on loan size, fico, resume and state....we have many direct private investors that do all tyes of properites with extremely fast turnaround time!!@ |
|
|
| |
Previous Topic | Next Topic |
|
|
|
Search for: 
