Julian Olson
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  • Costa Mesa, CA
  • United States
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California Wholesale Hard Money Mortgages

Started this discussion. Last reply by Mark Luke Sep 21, 2013. 1 Reply

SC Financial Service is a direct lender located in Southern California. Funding loans for client's of mortgage originators, brokers, real estate agents, asset managers, certified public accountants,…Continue

Tags: Wholesale hard money mortgages, Wholesale mortgages, Residential Mortgages, Commercial lending, Real Estate Lending

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Profile Information

Company name and description
Non-Prime mortgages in California from SC Financial Service, Inc., a direct lender.
Broker wholesale available - See below
Innovative financing for borrowers that fall "outside of the box."

Purchase or refinance.
Almost all property types and any occupancy.*
1st, 2nd, and sometimes 3rd mortgages.
Any Fico Allowed.
Any type of borrower, including probate.
LTV/CLTV - 65% refinance - 70% purchase - (Case-by-Case).
Seller carry / subordinate financing - OK.
Seller concession allowed without any limitations.
Minimum reserve requirements - None
No seasoning of any form required.
Purchase pre-approvals available.
Refinance while listed - No restrictions.
Debt to Income / debt service ratio - No minimums.
Business purpose loans - OK.
Cash-out without limitations.
Unlimited number of properties.
Ability to cross for max loan.
Quality service, simple processing, flexible underwriting, quick closings.
Never any up front fees EVER.
Borrower must pay for 3rd party reports such as appraisal, if approved and if necessary. Paid directly to vendor.


The Following is For Loan Originators ONLY (Broker Wholesale):
Minimum Items Needed for Wholesale Submission
- 1003, loan application, or personal financial statement,
- Tri-merge credit report within past 30 days,
- Loan purpose letter detailing request being made, intended use of funds, and repayment strategy.

No Broker packages required.
Broker commissions disclosed throughout transaction and paid through escrow at closing.
All loans in compliance with Federal, State, and local laws.

*Loans for construction or consumer purpose on a case-by-base basis.

Specialties: Direct Hard Money Mortgage Lender for purchase or refinance transactions.
All based on equity and merit of each deal.
Lending against Single Family Residence - SFR, Mulit-Units, Condos, Duplexes, Apartments, Industrial, Office, Specialty-Use, Owner-User commercial, Mobile Home Parks and land.
Non-SBA perm. financing available on limited basis.

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