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Private Money Mortgages

Short term loans

Solve Problems - Secure Opportunities

Equity based loan

What is a Private Money Loan?

Private money loans are Real Estate loans that are funded by a person or an entity instead of a bank.  The same state and federal laws apply to these mortgages.  We close using a title company just like any other loan.  

Private money may be used for real estate loans for a variety of reasons, including: 

1.   Faster Funding: We often provide faster funding than traditional lenders, such as banks. This can be especially useful for real estate investors who need to move quickly to secure a property.

2.   Less Strict Requirements: We usually have less strict requirements than traditional lenders, making it easier for to qualify for a loan. This can be helpful for borrowers with poor credit or a limited financial history.

3.   Flexibility: We are more flexible than traditional lenders when it comes to the terms of the loan. This can allow borrowers to customize the loan to their specific needs.

4.   Unique Properties: We finance unique properties that traditional lenders may not be interested in, such as fixer-uppers or properties with zoning issues.

5.   Investment Opportunities: Private lending can be a lucrative investment opportunity for individuals looking to diversify their portfolio. Private lenders may be able to earn a higher return on their investment than they would with other types of investments.

**Private money mortgages (also called Hard Money Loans, Trust Deed investments, etc)

Loan Terms are negotiated based on the borrower & the property. In most cases: 

No prepayment penalty

No appraisal

No fico requirements

Equity Based


Investment property (non owner occupied) -

            60% - 70% LTV (Loan-to-Value) – some properties up to 80% LTV

            8-12% interest only payment

            12-60 month terms based on property and borrower.

            No prepayment penalty

            No credit requirements  


Commercial Property –  (standard loan limit <$5mm)

            50%-70% LTV (Loan-to-Value)

            10 - 12% interest only payments

            12-60 month terms based on property and borrower.

            Can have a prepayment penalty if Lender Desires

            No Credit requirements

Owner Occupied –

            60%-70% LTV (Loan-to-Value)

            10-12% interest amortized for 30-year term with 5-year balloon.

            No prepayment penalty

            No credit requirements

Let's get started with some basics:

·        Property address

·        Loan amount requested.

·        Purchase contract or amount owed if it's a refinance.

·        application & ID

Once these are submitted, we can discuss the property and objectives and I'll give you a list of needed info and an idea of what we can do. 

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