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PRIVATE LOANS

It’s often easier to qualify for private mortgage loans because the focus is on the property and its value.

  • Monthly interest only payments at 1% rate.
  • Closing costs can be added to the loan amount. No out-of-pocket expenses for you.
  • Low documentation process
  • No seasoning of funds
  • Corporate title is acceptable
  • Loan decision within 24 hours
  • Recent foreclosure – OK
  • Recent short sale – OK
  • Loan amount – The loan amount for a private loan is generally $75,000 to $1,000,000.
  • Down payment – Require 50% as a down payment plus closing cost.
  • Credit history – Approval based primarily on borrower’s ability to repay loan, rather than credit score
  • Approval based primarily on borrower’s ability to repay loan, rather than credit score.
  • 24 -36 month terms, which is renewable for same period of time without cost to you, based on payment history.
  • One balloon payment at the end of the loan, for the total of principal amount owed.

The payment on a $200,000 2 year private loan at 12% and 50% loan-to-value (LTV) is $2,000.00. The Annual Percentage Rate (APR) is 15.316%.

  • Payment does not include taxes and insurance premiums.
    Rates are subject to change without prior notice.
    Loan information is informational purposes only and is not an offer to make a loan.
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Amanda Seyfried
Sales & Marketing, Alien Ltd.