Loan Requirements

Private Money Loan Requirements

  • Minimum 20% down for a purchase.

  • Minimum 20% equity in the property, if refinancing.

  • Borrower has to show ability to make the monthly loan payments, including the insurance, property taxes, and Homeowners Association dues (if any).

  • Borrower needs to provide plan for the property, for example fix the property and sell it, hold it long term, use it as a rental, etc.

  • We finance only non-owner-occupied properties.

 

Properties We Finance

  • Single Family Homes

  • Condominiums

  • Townhouses

  • Commercial Properties

  • Industrial Properties

  • Vacant Land

  • Multi-Family Properties

  • Office Buildings

  • Retail Properties