Jacqueline O'Shaughnessy
Jacquieo22@aol.com
(702) 429-3994
Streamline Mortgage Corporation
(702) 857-7774
Company NMLS #1716938
Agent NMLS #382900
Agent 6603
​

over 26 years experience
No personal loans, sorry
we lend on Real Estate only
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.