California Hard Money Program with rates starting at 8.9%

 

Program Criteria:


Used For:   Purchases & Refinances

Loan Amounts:  $250,000 to $10 Million

Locations:   California Only

Property Types:   Commercial & Residential (Non-Owner)

Interest Rates:   8.9% to 9.9% Interest Only

Terms:   1 to 2 years - No Prepayment Penalty

Security:   1st Mortgages 

LTC:   Up to 60% of purchase price

Points:   3 to 5 Points (includes Lender and IndyCal points)

Closing Times:   5 to 10 Business Days

 

If you are interested in our California Hard Money Program we invite you to visit our newly designed and updated website to APPLY TODAY!

 

Direct Link to Finance page: IndyCal Financing page

 

We also offer the following finance programs!  Details for each can be found on our website!

  - Nationwide Hard Money Bridge Loan Program:  now up to 85% LTC

  - Joint Venture / 100% Financing Program

  - Nationwide Conforming Loan Program: rates starting at 5.99% fixed

 

We appreciate your time and consideration!

 

Christopher C. Starr

The IndyCal Group

finance@indycal.com

(619) 800-6619

www.IndyCal.com

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Replies to This Discussion

Chris:

I will call you tomorrow in the late morning, to see what your up to. I have a Broker Associate of mine who always has deals in California.

Look forward to catching up!
Hi chris;
Hope all is well with you, and your business is flourishing :-)
I am a private lender in California.  Been writing loans for 40 years now.
Do you work with private lenders?
Amir Halavi

Hello Amir,

I have worked with one private lender in California, however, I have not been very active lately.  The loan parameters I currently offer can be found using the link below.  If what you offer can beat or match, then I invite you to email what you offer and your business process.

IndyCal Group - Finance Program

Feel free to continue this discussion by emailing me directly!

Thank you,

Chris

chris@indycal.com

www.IndyCal.com

Chris;

This is what I saw at the link.

If that is the case, I can easily meet or beat it.

  • California Only
  • 1st Trust Deeds Only
  • $100k to $10M
  • 9% to 12% Interest Only
  • 1 - 3 Year Term
  • up to 70% LTV
  • up to 5 origination points
  • Commercial Property
  • Non-Owner Residential
  • NO LAND
  • NO DEVELOPMENT
  • Apply for Consideratio

Amir,

Could you please provide me your contact information.  I prefer to have discussions directly with you, rather than an open, public discussion.  I will be available tomorrow afternoon to discuss.

Thank you!

Chris

amir42@gmail.com

310 477 0110 x 110

Chris;

Let me know if you broker some of your loans.

Am a private money lender and can fund between 400k to 4mil per property in CA.

Amir

amir42@gmail.com

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