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- Company name and description
- First Commercial Funding, LLC
Hard money investing for high net worth individuals
Our clients don't want their CD's anymore.
They were tired of earning less than 1% a year on their cash. Now they are getting 8% safely for a term of 6 to 15 months. No hassles, no collections. They don't have to worry about getting their payments on time. The interest is paid monthly every month, on time, even if the borrower is late. It sounds too good to be true, but it isn't. Write for more info.
We are also looking for agents.
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Hi Bruce,
Use our funds for your hard money deals, get paid, and take no risk.
We are doing true STATED INCOME loans for commercial and residential investment properties.
NO INCOME VERIFIED
NO ASSETS VERIFIED (for purchase will verify down payment, and for 1st time homebuyer possible 2-3 months reserves)
NO TAX RETURNS
NO CPA LETTER
NO W2s
NO PAY STUBS
NO YTD PROFIT & LOSS
NO 12-24 MONTHS BUSINESS BANK STATEMENTS
NO BALLOON PAYMENT
NO MAXIMUM NUMBER OF PROPERTIES OWNED
NO EMPLOYMENT VERIFICATION
MINIMUM 650 MID FICO
OK for SFRs, 2-4 UNITS, CONDOS, PUDs, MIXED USE, 5+ UNITS, COMMERCIAL
OK FOR SALARIED/W2’D BORROWER
CAN CROSS COLLATERALIZE (BLANKET LOANS)
We also do BRIDGE LOANS.
We want to compete for your hard money type deals that you may come across, or even to resurrect dead deals due non-qualifying ratios. Max LTV is 70%. Max $1 million on Residential and $2 million for commercial (exceptions on case by case). You don’t need a NMLS license to submit and get paid on this loan. Please let me know if I may be of service. Thank you. Steve Dao. 818-338-9546.