Typical loan profile. Loan of 50% to 60% of value with a rate of 3 1/2 to 5 points over prime (today 12% to 14%). The loans are usually a 20 year amortizing loan with a stop of 3 to 5 years. Generally our private loans have no prepayment penalties after 6 months.

Loan quotes are normally given within one to three days and most closings occur within 15 days of first borrower contact.

We also do loans and or note purchases against privately owned, Seller carry back notes and deeds of trust.

We purchase/broker your notes secured by deed of trust secured by Arizona property.

Example: Property owner sells a parcel of land which most often has to be sold on terms with 15 to 30% down payment and terms of 10 to 20 years. The Seller/Note holder then finds they have cash needs. The note and deed of trust is good collateral for a private loan. We arrange loans secured against the note and deed of trust or purchase the note and deed of trust outright.