Investor Program - Private Hard Money

Post date: Dec 01, 2010 5:42:57 PM

Get creative financial solutions with BankerBroker.com, experienced private hard money lenders. Take advantage of hard money loans and REO properties for sale.

Highlights:

• Loan amount is 80% of (Purchase Price + Rehab Costs + Closing Costs) or 55% of the appraised after value, whichever is lower

• Rates from 12.99% to 13.99%

• Option for the investor to extend the loan for 90 days if the rehab and sale takes longer

• Fund Control Fee waived if no major construction (i.e. roof, electrical, room addition etc)

Loan Programs

INVESTOR PROGRAM

• First or Second position

• 3,6,9 or 12 month terms

• No prepayment penalty

• Minimum interest depending on the length of the loan

• Fixed rates from 12.99% to 13.99%

• Option to extend for 90 days

• Fund control fee waived if no major construction work

• Reduced lender fee for seasoned investors 

COMMERCIAL LOANS

• Purchase or cash out refinance

• up to 55% LTV

• Leased or owner occupied

• 1,2 or 3 year terms

• Rates from 12.99% to 13.99%

Pacifica First National BELOC (Business Equity Lines of Credit)

• One year draw period

• Two year repayment period

• Maximum 80% of loan amount on 1st draw

• Balance of loan amount available after 30 days

• Up to 55% LTV

• Rates from 12.99% to 13.99%

• No prepayment penalty, cancellation fee in the 1st year

California Lender Loans from $50K to $2M. For loans over $2 million, call for pricing.

Rates subject to change without notice.