![]() |
![]() |
|||||||||
|
Loan Criteria for Private Money Loans are as follows: LOAN TO VALUE (LTV): Loan amounts are up to 65% of the purchase price or current market value LOAN AMOUNTS: Loan amounts range from $50,000 to $3,000,000 RATES: Rates vary from 9.75-12.95%* per annum, interest only, depending on the collateral and lien position FEES: Fees are between 2-5% of the loan amount TERMS: Loan terms of 6-18 months, with the possibility of an option to extend COLLATERAL: Loans to be secured by Real Estate POSITION: 1st and 2nd Trust Deeds can be issued *Rates can change without notice. Please contact us for current rates
|
||||||||||