We quote through licensed brokers only. We cater to the “Small Real Estate Investor” buy offering the following services:

Our Strengths:

• Fast 24 Hour Quotes
• 7 Day Closings
• Numerous Loan Programs Including I.O. Programs
• Up To 80% LTV
• We Loan On Land!
• No prepayment penalties
• Minimal borrower documentation

Our Rates & Terms:

• Loan amounts from $30,000 to $400,000;
• No prepayment penalties;
• Single family, condominiums, apartments, retail, office, industrial, and raw land
• Bankruptcy or Foreclosure O.K.
• Up To 80% LTV (50% LTV for land)
• Current Loan rates (subject to change):
  • Interest Rates: From 10.95%
  • Term: 1-2 years
  • Points: From 5.00%

For Faster Quotes & Closings:

• Fill out and return the “24 Hour Quote” form
• Submit the following information (if available)
  • Completed and signed 1003 (loan application)
  • Recent appraisal (see appraisal requirements)
  • An information disclosure authorization (put link in here)
  • Preliminary Title Report
  • Sales contract if it is a purchase loan
  • Borrower credit report
  • An income verification of the borrower
  • Photos of the property (front, back, and interior)
  • Termite Report

Appraisal Requirements:

• For Improved Property
  • Appraiser must be located within 50 miles of the property and have appraised property in the subject county;
  • “Certified Residential” OREA California license or higher
  • “Summary Appraisal Format” according to USPAT
  • Minimum 6 sales comparables with photos
  • Verify current zoning & general plan
  • Photos: Interior, Front Street, Rear Yard
  • Verify slope does not exceed 20%
  • Verify water service (well or domestic sewer)
  • Resume & Qualifications
  • List of existing clients/approved lenders

• For Land
  • Include all of the items above for Improved Property
  • Highest & Best Use Analysis

• Commercial
  • Include all of the items above for Improved Property
  • If commercial, include photos and description of adjacent properties