FREQUENTLY ASKED QUESTIONS
Can you do a loan on raw land or a construction loan?Courtney Williams2021-12-16T22:02:30+00:00
Yes, we can do both.
Will you make a loan for a property purchase?Courtney Williams2021-12-16T22:03:09+00:00
Yes, we can do that.
Do you require a credit report, tax returns or bank statements?Courtney Williams2021-12-16T22:08:28+00:00
No, nope and nadda! Show me the property!
Do you make personal or consumer loans?Courtney Williams2021-12-16T22:09:15+00:00
No, we only make loans that are for a business purpose. Any corporation, LLC or person who is using the loan funds to invest for a profit would qualify as a business purpose.
Is there a limit on the amount of cash back I can get on a loan with you?Courtney Williams2021-12-16T22:09:40+00:00
No, there is not a maximum cash back limit. The loan to value will determine the highest loan amount we can make.
Can someone else pledge a property for me to borrow against?Courtney Williams2021-12-16T22:10:08+00:00
Yes, it is common for a family member or associate to offer a property as collateral for a loan for someone else.
I don’t have much equity in my property, but a friend has a property with lots of equity. Can you lend on both?Courtney Williams2021-12-16T22:10:32+00:00
I don’t have much equity in my property, but a friend has a property with lots of equity. Can you lend on both?
Yes, we can make a 2nd deed mortgage on both properties to achieve a loan-to-value that works.
I have inherited a property in an estate and want to borrow against it. Can you help?Courtney Williams2021-12-21T20:47:10+00:00
Yes, we can work with that.