|
Private Money Newsletter for Brokers
|
The late John Wooden said "Be Quick but Don't Hurry." While Mr. Wooden was relating to his basketball players, we apply this same philosophy to our Private Money Lending business. Experience, resources, systems, workflow, dedication, staff, contacts, and service providers all make a difference in how quickly and efficiently a lender operates.
In this month's article below on Fast-Fast- Faster you will understand some of the ways our private money lending platform operates, why we are quick but not hurrying, and how this speed can benefit you as a mortgage broker.
~ Sandy MacDougall
|
|
Recent Fast Transaction: Fix and Rent Loan
|
|
Address: Indio, CA 
Property Type: Non Owner Occ
Loan Type: Fix and Rent
Loan Amt: $100,000
Loan Term: 30 yr amort/ due in 12 months
Rate: 11.50% Total Points: 4.00 Funding Time: 5 days LTV on Purchase Price: 83.33% |
|
Recent Fast Transaction: Fix and Flip Loan
|
|

Address: San Diego, CA
Property Type: Non Owner Occ
Loan Type: Fix and Flip
Loan Amt: $543,900
Loan Term: 40 yr amort/ due in 12 months
Rate: 11.00% Lender Points: 2.00 Funding Time: 3 days LTV on Purchase Price: 74.00%
|
|
Fast- Fast- Faster
|
|
Whether the loan is to purchase a Short Sale, REO, or when a conventional loan has fallen out of Escrow, a fast and efficient hard money loan process is critical to closing a successful loan.
Throughout the entire loan process we utilize various technologies to ensure a fast loan process. To name a few:
- Loan Origination Systems
- Cloud Technology for Document Preparation
- Online Title and Escrow Processing
- Email, phone, web and fax for Same Day Information
- E signatures
|
If you want to stay current with interesting Investment topics - connect with our "So. Cal. Trust Deed Investment Group" on Linked In 
|