Loan Parameters
For Residential Properties
Loan Size: $100,000 to $50 Million
Terms: 1-30 Years
Lending Area: CALIFORNIA ONLY
Property Condition: Turnkey & Distressed 1st & 2nd Trust Deeds
Interest Rates: 10.5% -12.5%
Amortization: Fully Amortized and Interest Only available
Loan to Value: Up to 60% for refinance & 65% for purchase
Pre-Payment Penalty: 0-1 yr depending on term and loan amount
No fico or income requirements for non owner occupied properties
Origination Fee: 3.5-5% taken at closing from loan proceeds
Closing Terms: Closings in as quick as 5 days
Amortization: Fully Amortized and Interest Only available
Loan to Value: Up to 60% for refinance & 65% for purchase
Pre-Payment Penalty: 0-1 yr depending on term and loan amount
No fico or income requirements for non owner occupied properties
Origination Fee: 3.5-5% taken at closing from loan proceeds
Closing Terms: Closings in as quick as 5 days
Better Loans & Realty Corp.
Better Loans & Realty Corp.
Better Loans & Realty Corp., Ca Dept. of Real Estate: License #01774648
