Private Money Mortgage Loans

Private Money Mortgage Loans

Real Estate Investors, Builders and Families need fast and cost-effective Private Money Funding Solutions to improve their game in today’s fast paced markets. Being self employed for over 26+years Dan and his loan team have discovered “Fast Track” Real Estate and Business Loan products that give our borrowers more qualifying loan options with less documentation. We focus to make smart financing part of our clients Real Estate strategy. Using either Private Money or “Bridge” Money can often help our Borrowers accelerate!

Sample USES: Purchases, For Incomplete projects, Partner Buyouts, Cash out, Bridge options, Blanket loan portfolios, Business funds…We move Fast!

Accepted Real Estate Assets: Investment Residential & Commercial Properties

*Lien Position: 1st & 2nd Trust Deeds

*Who We Lend To:  Individuals, Entities, Trusts, Foreign Nationals

*Location: California

Frequent Private Money Mortgage Loan Scenarios that Dan Cassel and Trinity Mortgage can help you with.

 
A. BORROWER
 
Borrower does not meet standard guidelines:  
 
*Resident Alien/Foreign borrower
*Vesting – LLC’s, Corporations, Partnerships, Trusts
*Income-self-employed, 
*Unverifiable income, 
*Banks statements ok vs tax returns
*Credit – no credit scores, low credit scores, previous BK 
*Seeks 1st or 2nd trust deed for 2-5 years, interest only
*Short term fix and flip and owns multiple properties
 
B. PROPERTY
Property and/or occupancy does not meet financing guidelines: 
*SFR, Multifamily,
*Mixed use, commercial, retail,
*Light industrial properties,
*Owner/nonowner occupied
*Cash out business/investment purpose
*Single purpose single tenant
*Non-conforming property use
C. Timing
Timing is the most common reason for private money financing guidelines:
1031 exchange
Bidding war- all 30-day cash escrow
Other financing sources fall at last hour
Past due Balloon payments
contract deadlines
Taking advantages of investment opportunity
Other Notes:

*Occupancy: Some Owner-Occupied & mostly Investments/Non-Owner Occupied

*Purpose: Business / Commercial Use/

* Term of Loan: Short Term exit of loan in 1-2 years common

*Property Types: Residential 1-4, Multi-family 5+, Commercial

*Loan Amounts: $500,000 – $2,500,000 is our loan sweet spot

Funding Timelines:  Depends on Asset-typically 7-14 Business Days after loan conditions are met

 We Move Quickly!

To learn more simply phone Dan and the Trinity Mortgage Loan team at 866-310-1112 or email Danc@dansrealestateloans.com

Ask a Professional here 

 

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About:

Dan Cassel and his Trinity Mortgage Broker Team have worked for years with several Private Mortgage Funds who over the past 20 plus years have provided reasonable, quick, Private Money Funding on Investment Real Estate in Non Rural Areas of California cities. We prefer So California Real Estate. These are typically solid, fast close, 1-2 year Term, Less Doc RE loans for Real Estate Investors.  They provide Purchase, Refinance of and broken Real Estate Project Funding. A Hard Money loans or Private Money Loans is a specific type of asset-based loan financing in which a borrower receives funds secured by the value of a parcel of real estate. Hard money loans are typically issued at much higher interest rates and fees than a conventional commercial or residential property loan and are almost never issued by a commercial bank or other deposit institution.

NMLS # 347918

Broker NMLS # 281763

About Us-

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Licensing

Loan Officer NMLS #347918 CA DRE # 01146347

Trinity Mortgage NMLS #281763 CA BRE 01855258

nmlsconsumeraccess.org

Equal Housing Lender

Contact Us

Dan Cassel - Trinity Mortgage
11622 El Camino Real
San Diego, CA 92130

Number:
(866) 310-1112

Hours:
MON-FRI 7AM - 4PM