Tell us about your experience and expertise. How many deals have you done? How much are you investing? What is your exit strategy?
Where is the property located? What is it worth? How much cash does it generate? What's the purpose of the loan? Why do you want to buy the property/business?
If you're in agreement with the terms we offer, a term sheet is drafted, a title policy commitment is requested, and all third-party reports are ordered as required.
We will assess the value of the collateral for the loan, along with borrower's experience, character and capacity to repay the loan.
Depending upon timely receipt and acceptance of all required information from borrower, approval is granted, and loan documents are prepared.
After receipt and review of closing docs, along with the title policy and insurance acceptable to the Lender, funds are wired