Get the Funding you need to help you achieve your goals. We fund loans banks won’t do.

  • Loans up to 65% of the Equity in your Home or Office
  • We Don’t Care About Credit
  • Short and Long Term Loans
  • 7 to 10 day Closings

We are an equity based lender and approve applications based on equity and ability to repay the loan, instead of past credit and payment history.

Borrowers must only have a minimum of 30% equity in their property. However, if there is not enough equity, we may be able to cross collateralize the loan to another property that you own.

If you have bad credit or are currently going through a foreclosure or bankruptcy, we may be able to assist you regardless of the circumstances.
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See Our Lowest Rates

With our Private Money Loans, our rates are based on the uniqueness and details of each and every Loan Scenario.

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Refinancing to Lower Your Monthly Payments

Lowering your monthly mortgage payment can have a positive impact on your budget. If you are among those homeowners whose original mortgage payment has turned out to be too high, refinancing your loan might help. But before you decide if this is the right choice for you, take a look at some of the details.

Potential benefits of lowering your payments

Lowering your monthly mortgage payment by refinancing to a lower rate or extending your loan term can make it easier to pay your mortgage on time every month, while also possibly covering your other debts and expenses. And if you are concerned about your ability to make your current mortgage payments in the future, lowering your payments now can help relieve that pressure.

Refinancing costs

Whenever you refinance, you’ll be responsible for paying closing costs. In addition, it’s common to refinance into another mortgage of the same term, typically another 30-year mortgage, which means you’d be restarting another 30-year mortgage after you’ve already owned your home for a number of years. As a result, you’d probably pay more in interest over the life of the loan. So while your monthly mortgage payments would decrease, your total costs over the long term would likely increase. It’s important to discuss your situation with your licensed loan officer to make sure you’re comfortable with how these costs will impact your overall financial picture.

Your breakeven point

The breakeven point is how long it takes for a reduction in your monthly payments to equal the costs of refinancing. If you plan to sell your home before the breakeven point is reached, you probably would not recover these closing costs. For example: If your refinance costs total $5,000, and refinancing will lower your monthly payment by $200, it will take you 25 months to break even on the costs.

Accomplishing your other goals

If you choose to refinance to lower your monthly payments, you may also have the opportunity to make additional changes to your loan at the same time. Depending on your circumstances, you may also be able to switch to a fixed-rate mortgage or borrow from a portion of your available home equity. Talk to your licensed loan officer about what you’d like to accomplish and see what’s achievable for your situation.
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Advantages of Buying over Renting

There are many advantages to owning a home:

Security: A feeling of security that comes from owning a home and the knowledge that your home is a safeguard against inflation. You are the only one that will have the keys.

Investment: Payments on your mortgage mean that you are acquiring a major possession over time. Instead of rent, every payment you make means you own more and more of your home. The garden that you plant, the permanent improvements you make – all enhance your way of living as well as the value of your home.

Tax Advantage: Depending on your situation, all or portions of your real estate tax and interest on your mortgage may be deductible from your income tax. Check with your accountant to see what benefits home ownership may have for you!

Saving Money: Buying is usually cheaper in the long run. In the first few years renting may be cheaper but over time the interest part of your payment should be lower than comparable rent.

Leverage: You can buy a house nowadays with as little as 3.5% down. This is not possible with many other types of investment. Imagine you buy a house for $600,000 with 3.5% = $21,000 down payment. If the house appreciates in one year by only 5% (current inflation) = $30,000 then you now have increased your equity by 142%. Of course leverage works the same way against you – if the house loses 5% in value then you just lost all your equity. This can be a little like playing roulette. Do not believe anyone who tells you that a certain property is guaranteed to go up in value. If that was so, why does this person not buy it himself/ herself? I do not recommend buying a home as a short-term investment as in “less than 10 years”.

Some other advantages of home ownership include:

Sense of pride: This is a “feel good” reason — but it’s true, at least for most people. You’ll have a greater sense of accomplishment when you own a home.

Steady payments: As a renter, you run the risk of your lease cost going up. With a fixed rate loan, you can set your payment and keep it there for the duration of the term.

Better credit opportunity: It will be a lot easier to apply for other loans if you already own a home. You can build equity over time and borrow against that equity if you choose to. Credit card companies typically favor homeowners, which is why you’ve probably noticed that one of the early questions in credit card applications is, “Do you rent or own a home?”

Freedom: You can do whatever you want to your home. You don’t need the landlord’s approval every time you want to paint or redecorate.
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What Causes Mortgage Rates To Change?

Did you know that one or more rate changes per day is normal? Most people do not know that. Rate quotes can easily change when you call back later that same day. In the lending business, a rate change also includes a change in the point cost for the same rate. In other words, a rate can be no points in the morning, then later that day cost 1/4 point. That is a rate change to lenders. Did you also know that regular fixed mortgage rates are not directly affected. Mortgage rates change primarily based on:

1) The perception of inflation.
2) Times of uncertainty.
3) The movement of money in and out of the stock market.

When a piece of news shows weakness or uncertainty in the economy, that helps rates fall. The opposite is also true. A drop in the unemployment rate, a rise in durable goods orders, a rise in the consumer confidence index and all of a sudden rates go up. These influencing factors present themselves all the time, many without warning, affecting mortgage rates instantly. There is no “delay”. It doesn’t take time to “filter down” like some people think. Reading the paper for quotes doesn’t really work because the information is old by the time you read it. Radio, TV and billboards are not the answer because certain details are generally missing. They just want to get you on the phone. Competitive lenders can deliver nearly identical rates to each other. Most clients don’t ask the right questions and focus only on the interest rate. A professional will always be competitive and deliver what is promised.

How Do You Get The Best Mortgage Rate?

How Do I Get The Best Rate? It is never about the best rate. It is about the best MATH, period. There is NO other answer than that. So why isn’t the lowest rate the best deal? First, lower rates come with more points and fees. That is not the real issue, however. There is a break even point to contend with when paying points and fees, tax deductions to figure out.

So why do lenders advertise really low rates with all of those points and fees? Because they know most consumers look at the rate, not the math. That advertising strategy works really well. We don’t play that game. How about the lowest APR? Generally, the more points you pay, the lower the APR. True, but not the answer. We take apart each rate and fee quote to find out what the best MATH is, period. It only takes a few seconds for a professional to do it for you using a computer. After that, it’s your decision.
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