Dan’s CONSUMER AND BUSINESS PURPOSE LOAN INFO for 2023
Type of projects:
Generally Non Owner Occupied Residential but some Commercial $ too
– SFR, Multi Family, Condos, Broken projects, Land, Bridge money also available.
1st trust deeds and 2nd Trust deeds.
2nd TD Business Purpose Owner Occupied Loans with 6 Mo Banks Statements!
250k to 1 Mil ++
Rates have moved up and PM is more difficult. Up to 12.99% is common
A solid Fixed 5 year Interest only Loan available. 1st or 2nds
Review of scenarios needed.
Typically, Interest only 3o year term with 2 or 5 year loan.
50% Land Other – RE 65% max CLTV
Verified ability to repay on consumer purpose loan /SISA on business purpose
No prepay penalty after 6 months generally
Fast Cash-We move fast-1-2-3 weeks?
To Price your loan request or to Learn More on 1st or 2nd TD Loans— Phone Dan Cassel at his San Diego, Ca office line. 866-310-1112


