Why Private Loan Funding?

Your investment is secured by a Deed of Trust or mortgage and Promissory Note on the property being used as collateral.

Our rates vary depending on the type of property, term of loan and general situation.

All loans carry title insurance and a recent appraisal or comparables.

We can handle the complete servicing of each loan or you can.

We base our loans mostly on equity and work with the borrower to re-establish their credit.

Our family owns several businesses throughout California including a sister office in Northern California that also does hard money loans.

Due to our affiliation with so many people, we are able to generate numerous transactions.

The average funding time from application is 10 days.

Product Overview

Credit:	The credit scores are not used in the qualification process.
Income:	Stated on loan application
LTV/CLTV:	Up to 75% maximum (case-by-case)
Regions:	Southern California
Property Types:	Residential (1-4 Units), Mixed Use, Small Commercial
Loan Types:	1st, 2nd and 3rd Trust Deeds
Loan Sizes:	$25,000 - $1,000,000
Rates:	11% - 16%
Terms:	6 month to 7 year Balloon (may be longer in some cases)
Program Types:	Home Equity Line of Credit and Conventional Covered Loans
Payments:	Interest Only
Prepayment Penalty:	1 year (add on 3 points to buyout)

Goals

There is an obvious demand for 2nd trust deeds because many people have a preferred rate on their 1st trust deed and it is less expensive for them to bring the 1st current if they are behind and pay a higher rate on a 2nd trust deed.

We look for people with stability (long-term residence) and the ability to re-establish themselves. We build a good relationship with the borrower and help them in rebuilding their credit.