Nationwide Private Money Lender
Loan Amount: $500,000 to $3,000,000
Loan To Value: 50% to 60% (Acquisitions and Construction)
Loan To Value: Up to 70% (Refi)
LTC: 90%-95% Max.
Length: 12 ,18 ,24,36 or 48 Months
Low Rates!
Interest Only Payments.
Projects: Acquisitions,Rehab, Refinancing and Construction.
1st Lein Position Mortgage.
US ONLY!
Closing: 30-60 days after we receive all required documents and Due Diligence is complete.
Cash Required: 5%-10% for all acquisition and construction projects ( see below)
No Upfront Fees!
Soft Proof of Funds Required. (Acquisition and Construction)
Our process is simple:
1) We will issue a commitment to fund if we are interested in moving forward. After which 5% to 10% of loan amount will be required as a down payment. This can be put into a third party escrow account.
2) You will then receive a list of required items needed to close. Everything will be handled by our attorney expeditiously.
3) After all items required to close have been received, we then schedule a closing through our attorney and yours. The 5% to 10% will be due on or before the scheduled closing date.
4) Again this program has been set up for serious borrowers who understand private funding. Since we charge nothing upfront, applicants will need to bring some "skin" to be considered.
5) Now offering a rate buy down! If you have more cash to apply towards funding, you can receive a lower rate!
Brokers are always welcome and protected. Brokers receive anywhere from 1/2 point up to 1 point. maximum for every referred project that closes depending on the loan amount.
Submit your projects at: http://www.pcfgbridgemoney.org
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