New Year - New Regulations for California Loans. Can You Act Like This Baby With Home Loans?

[Ken and Ari Walker]

Video: New Year-New Regulations. Act Like A Baby With Home Loans?? 

http://youtu.be/jjgPDU8K93o

I only do Hard Money loans.  They break out into 2 rough categories – Owner Occupied Principal Residence and Investor loans.  Investor loans is the broader category because an investor is someone who is buying or refinancing something other than an owner occupied principal residence, be it land, commercial or mixed use property. 

My strength is in loan amounts around $400,000 or less.  I do larger loans on what I deem a case by case basis.  I have gotten many, many loans over $400,000 done, but the real sweet spot with my investors is $400,000 and under. 

Rates in my office for both owner occupied and investor loans vary according to the loan to value.  The higher the loan to value the higher the rate.  I will lend as high as 75% loan to value but more normally I lend to 70% loan to value.  So the higher rates in my office will be at those LTVs or loan to values. 

Call me [phone] for any questions or prequalification!

Best, Forest - The Guy in the White Hat