Apply online -( below )(initial QUICK - loan summary) a very concise but quick look at your loan request. By completing and giving thought to questions below, you are assisting us in greatly reducing the time it takes to understand a borrowers loan, needs and what we need to consider in our review stage.
Brokers - please complete and use these questions in initial interview with borrowers. Lots of borrowers are competing for funds, we want to help and ask you to consider the importance of your loan and treat just like you would a job interview.
We are fast with good information.
**Questions designed to create summary for Bridge - Hard Money and Soft Money (longer term loans). These all Non Bank Loans , but commercial real estate loans that make sense in terms of equity, cash flow or some sort of "value add" strategy.
DO YOU HAVE A GOOD STORY- PLEASE ANSWER CAREFULLY AND PUT YOUR REQUEST IN THE CLEAREST BEST LIGHT POSSIBLE
Once we have seen initial request, proceed to the full submission (BELOW)
I. ONCE YOU HAVE YOUR LOAN PACKAGE TOGETHER, GO TO SUBMISSION PAGE AND SITE: (Below)
*******PLEASE UPLOAD ALL PDF FILES ON our SUBMISSION SITE :(WWW.UPLOADMYLOAN.COM) CLICK - This is a page within this website
Purchase portfolios, unfinished projects, distressed assets and more with private and institutional bridge money..
Land financing with private funds. Small loans in Texas and 500k greater in top 25 type markets.
Small Commercial Bank Loans
I. APPLYING FOR THE HARD MONEY LOAN : the process
*******PLEASE UPLOAD ALL PDF FILES ON (WWW.UPLOADMYLOAN.COM) CLICK - This is a page within this website
1. loan application -(use std. 1003 or personal financial statement with detailed REO Schedule)
3. purchase contract (executed) if purchase (if refinance, must know history -original purchase price and date)
Underwriter will review property and borrower and issue approval. (SEE MORE...CLICK)
II. SUPPORTING DOCS:
you have an executive summary clearly stating a loan request, use of funds and exit strategy.