Collateral Type:                First Trust Deed (First Mortgage).

                                           Will consider a 2nd Trust Deed on case by case                                             basis.

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Loan Amounts:                 $30,000 to $3,000,000.

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Loan Application:             Same-day approval in most cases.

Approval Process:            

Location:                           Clark County, Nevada.

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Closing Time:                   Typically, 4-7 business days from receipt of                                                     application.

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Loan Type:                         Purchase, Refinance, Bridge, Renovation, Fix &                                             Flip, Land, Cash Out, and Rehab.

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Loan To Value:                  Up to 80%.

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Loan To                             Up to 80% including renovation costs.

Completed Value:          

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Interest Rates:                  10.0% – 12.5% interest only (on First Trust Deeds)

                                          12.0% – 14.0% on vacant land. 

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Pre-Payment Penalty:      No Pre-payment penalty.

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Loan Term:                        3-24 months.

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Credit Check:                   No Credit Check.                         

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Origination Fee:              2.0% of the loan amount (3.0% for loans under                                                $100,000).

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Closing Costs:                 Standard third-party costs such as title and                                                      escrow.

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Appraisal:                         No appraisal. 

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