Deal submission
Private Money Lend Box
Submit your deal for funding consideration
§ Loan Structure
- KEY — the deal needs to have equity. We won't cross collateralize it.
- Rate, term, and structure (interest-only, amortizing, or balloon) proposed by the borrower and confirmed at underwriting.
- Recorded 1st-position lien standard; 2nd-position considered only with sufficient equity and if the hard money lender in 1st position allows it.
- Asset-based underwriting — the deal is evaluated on the property and the numbers, not solely on credit.
- No buying out existing loans or replacing other lenders.
⌂ Draws & Disbursement
- For rehab loans, funds are disbursed in draws upon request.
- Video and photo proof of completed work required with each draw request.
⚒ Closing Requirements
- No appraisal or underwriting fees required.
- A transaction coordinator fee (estimated at $1,000) to be paid by the borrower at closing.
- Recorded lien on the subject property.
- Lender's title policy required to clear title.
- Lender(s) listed as loss payee on the insurance policy.
- Closing must go through a licensed title or escrow company.