What are Private Money Loans, Hard Money Loans, and Equity Loans and How do They Work?

        •  Hard/Private/Equity Money Borrowers Defined:  
          • Hard Money Loan and Private Loans and Equity Loans are all the same terminology, we will refer to them as Private Money loans on this page.  Private money loans get their capital from private investors like you and I.  So like you and I they want to see you have enough "skin in the game" or your own personal money into the transaction before they will lend to you.  The thought is that you (the borrower) will not walk away from a large investment and if you do the private investor can easily sell the property to recapitalize if you default.  So the larger the down payment or equity position is for lender the more likely they will lend you the money. 
        • To obtain a Private Money Loan you will need to go through a licensed Broker, like MAE Capital Mortgage Inc.  Here at MAE Capital Mortgage it is our job to match borrowers with lenders.  A borrower of Private Money should be prepared to have a good equity position either from a large down payment or a large amount of equity in a property that they currently own.  Some Private Lenders will lend on Single family homes only, others will lend on construction, land, commercial etc.  MAE Capital will find a Private Lender to fit your needs to get your loan funded.
          Private Money Loans are designed to help borrowers obtain financing when traditional bank loans are not available, or the borrower needs a fast closing for their investment property.  The higher interest rates are due to the lack of credit history, or the ability to show qualifying income, or the property does not meet traditional standards.  For whatever your reason you need private funding we are here to help.

 Documentation Needed for a Private Money Loan.
This type of lending is not like traditional lending where you are required to bring in your life's story in paperwork.  These loans are based on equity and the more equity in the transaction the more options a borrower will have.

**Items we will request from Borrowers:
1. Completed loan application from the borrower (click here to download).
2. An Authorization for us to check your credit (click here to download).
3. An appraisal (in some cases we don't require one when we can look up comparable sales and determine value internally) we will order this if it is required by the investor. Request the Stated Value option.
4. There may other documents the investor may request such as leases, explanations about the property etc. 
**Some investors may require different things depending on the borrower or the property.

  • Examples of Property Types we have Funded:
    • Money For Flips and Rehab costs
    • Rental Properties
    • Commercial Loans
    • Construction Loans
    • Multi-Units
    • Land (Raw and improved)
    • Joint Ventures
    • Gas Station Loans
    • Church Loans
    • Large Projects Retail Stores, Shopping Centers, Malls Etc.
    •  Cross Collateralizing on multiple properties
    • We can Broker Existing Private notes for sale
    • Merchant Loans-  Unsecured business loans
    • Gap Loans
    • Care Homes
    • If you can imagine it we can usually find the money for it.
    The Process:

    Step One:  Complete the Application and sign it and complete the borrower's authorization to check credit.

    Step Two:  Submit package back to MAE Capital Mortgage.

    Step three: Get quote back from MAE Capital Mortgage.  If the terms are acceptable then sign and return.  Note: this is not a commitment to lend it is just terms that we have found an investor to fund the loan.

    Step Four:  Appraisal (if necessary) to establish value.

    Step Five: Final investor sign off and final terms.

    Step Six:  Draw the loan Documents and send to the escrow company along with the final disclosures.  Note: these are non-RESPA transactions so the transaction will not follow TRID guidelines like an owner occupied loan would.

    Step Seven:  Borrower (you) go to the escrow company, or a pre-arranged signer (Notary Public), and sign the documents and if it is a purchase borrower will bring in total funds to close. 

    Step Eight:  Lender (Private individual(s)) will go to their bank and forward the funding directly to the escrow.

    Step Nine:  The escrow will record the transaction and disburse the funds.  Transaction closed. 


     Call or complete the form at the bottom of the page today for a free quote.


      
         

    "Many different properties, many different investors to fund them!"  Gregg Mower President

    Free Consultation
    Call Today 
    916.672.6130
    to apply directly On-Line Click here

    Private money loans for investment and or business purposes only

                        

     



    **BRE licensed Agents may sign up to broker loans directly to us**









    Hard Money lenders, Private money lender, Private Loans serving Sacramento, Roseville, Rocklin, Folsom, Loomis, Penryn, Elk Grove, Citrus Heights, Carmichael, North Highlands, Davis, Galt, Lincoln, Granite Bay and Northern California.

    ey word search; Private money lenders Sacramento, private money lenders Roseville, Sacramento private money lender, Roseville private money lender,  hard money, hard money loans, private investor loans, private money, private money loans, Sacramento hard money, hard money lenders, Rocklin hard money, Roseville hard money, merchant loans, commercial loans, flip loans, business loans, Sacramento business loans, commercial loans, commercial lenders, construction loans, Sacramento hard money lender, Rocklin hoard money lender, Private money loans, private money loans Placer county, placer county hard money, placer county private money lender, Sacramento county private money, northern California private money Sacramento business loans, placer county business loans, business loans, Roseville private money lenders, Sacramento private money lenders, subprime lenders, commercial loans, farm loans, home loan broker, home loan lending, finance company, home equity loan, equity loan, business loan, personal lending, goldmine loan, private financing, private finance, capital loans, private capital, private equity capital, capital for construction, private equity capital, private capital, capital for investment, equity capital, equity lending, private equity lending, Rocklin Private capital, Roseville capital loans, Roseville equity loans, Roseville private capital, private capital lenders, Roseville equity lender, Roseville Equity lender, Rocklin equity lender, Rocklin Capital loans, Rocklin capital, capital lender Rocklin,  commercial capital, private commercial capital, capital for commercial lending, commercial equity lenders, commercial capital, Sacramento capital loans, Private loans Sacramento, Private money loans Sacramento, Private notes, private loan broker, private money broker, private loan broker Sacramento, private loan broker Rocklin, private loan broker Roseville, private money broker Rocklin, Private money Broker Roseville, Private money broker Sacramento, private money, private money for real estate, private funding for real estate, private investor funding, hard money lenders, no credit loans, bad credit loans, high equity loans. stated income loans, no doc loans, stated loans, no tax return loans, bank statement loans, equity lenders, equity-based loans, loans with low credit scores, short sale loans, challenged credit loans, equity loans for investors, private equity investor loans, church loans, office loans, commercial building loans,construction loans stated, stated income loans, large equity loans, gas station loans, store loans, minimart loans, convenience store loans, bad credit loans,loans after foreclosure, loans after short sale, loans after bankruptcy, commercial equity loans, private investor loans, make sense lending, private commercial loans, private bailout loans, private loans for apartments, private loans for more than 10 properties owned, private loans for homes, private loans for development, Joint ventures, broker loans, brokered loans, loan financed by a broker, private money broker, broker lender, quick broker loans, private broker loans, private money broker, hard money broker, money broker, broker  for hard money, broker for private money, broker for home loans, broker for private lending, loan broker, commercial loans, private commercial loans, Joint ventures,ranging joint ventures, stated income commercial loans, no doc loans, no documentation loans, equity only loans, no doc equity loans, no tax return equity loans, alternate money for commercial, private business equity loans, Private money loans Sacramento, private money loans Roseville, private money loans Rocklin, private money loans northern California, private money loans California, hard money broker Sacramento, hard money broker Roseville, hard money broker Rocklin, money broker California, money broker Roseville, money broker Sacramento, money broker Rocklin, money brokers, local money brokers, private money broker, private money broker Sacramento, private money broker Roseville, private money broker Rocklin, real estate money broker, brokers for hard money, brokers for private money, broker for private money, broker for hard money lending, Sacramento money broker, Roseville money broker, Rocklin money broker, Sacramento private lenders, Sacramento private money lenders, Roseville private lenders, Rocklin private lenders, Roseville private money lenders, Rocklin private money lenders, Sacramento private money brokers, Roseville private money brokers, Rocklin private money brokers,money loans, mortgage loans private, commercial brokerage, hard money lender, lender of private money, lender private money, hard money lenders private loans defined, what is hard money, hard money loans defined, private money loans, what are private money loans, how do I lend money, legal ways to lend money using a Mortgage broker to lend money, who can arrange private money loans, private money loans for dummies, private money lending 101, steps to private money lending, how to get a hard money loan, where to get a hard money loan, where to get a private money loan, why a private money loan, why do a hard money loan, can i get a hard money loan, qualify for a hard money loan, qualifying for a hard money loan, lending hard money, hard money defined, define hard money loans, definition of a hard money loan, how do i get a private money loan, who does private money loans, who does hard money loans, where do I get a hard money loan, Hord money loans defined, how do i get a hard money loan, who does hard money loans, northern  California hoard money lenders, southern California hard money lenders, Sacrmaneot  hard money, describe a hard money loan, Private money loan options, tell me what hard money is, tell me what a hard money loan is, what is a private money real estate loan, define a private money loan, Equity loans defined, Hard money loans defined, Private money loans defined, siri waht are hard money loans, what does a hard mo0ney loan do?, how do I get a hard money loan, what will hard money loans fund, funding loans with private money, how do I get a hard moey loan, what is a private money loan,