Frequently Asked Questions

What are the interest rates?

Interest rates are higher than traditional bank loans, but private loans can fund in a matter of days while bank financing may take much longer.

Do you do second mortgages?

No. If there is a second mortgage, it would need to be paid off so the loan can take a first position.

Can you help a company with cash flow issues?

Yes. We can provide working capital secured by qualifying property.

Can you lend to foreign nationals?

Yes. The loan is based and approved on the actual collateral property.

What type of programs do you offer?

Our loan programs can be adapted to many situations. We do not formally lend under $100,000 USD, and many funded loans are multiple millions of dollars.

How do you value a property?

Depending on the property, an agent may inspect it or an independent appraisal may be ordered. We may consider lending up to 50% of current market value.

How soon can you close?

Every case is different. Some loans have funded within 24 hours, while the normal timeframe is one to two weeks.

How does a mortgage broker get paid?

Brokers get paid only if the loan they bring is funded. Commission terms are agreed for each transaction.

Are you a broker?

Yes. We connect borrowers and lenders and are paid a commission at closing for that work.