Do You Need Private Lending Mortgages or Private Lending Financing?...
We have the perfect solution for most Private Lending funding needs such as 1 day "flip" funding, short term (30-day) transactional financing or 6 month, 2 or 5 year Private Lending Mortgages. All require a minimum 25% equity-cushion in the subject property. Our two programs are:
1) Our OCF Private Lending Direct Funding Service
or,
2) Our, Do-it-Yourself "Get a Private Lender Now!" Service
Our goal is to get you financed under much better terms and conditions than those you could get on your own.
As long as your project qualifies to our required guidelines both our programs are INVESTOR SERVICE PRIVATE LENDER PROGRAMS (Private Lending Financing), which give you the invaluable opportunity of being funded by one of our Private Lenders under much easier terms and conditions than those of any conventional financing (Banks) or hard money loans regardless of any issue which to date might have prevented you from being financed.
In our Programs Your Credit IS NOT an Issue.
OCF'S PRIVATE LENDING GUIDELINES AND MINIMUM REQUIREMENTS
* Your loan request must be for no more than 75% of your property's current fair market or after-repairs value.
* Your loan request will require a formal appraisal of your property by OCF to be paid by you.
* Your loan request must not be for more than 5 years.
* When funded the Private Lender will take 1st lien position on your property.
* When funded the Private Lender must be named Loss-Payee on the property's hazard insurance policy.
* Prior to being funded the Private Lender must receive your Secured Promissory Note.
* When approved, funds will ONLY be delivered to Closing Attorney or Settling Agency.
Q. How does it work?
A: Under our OCF Private Lending Direct Funding Service we will find and have one of our Private Lenders fund your loan as long as it meets the above stated guidelines and minimum requirements making sure we obtain for your benefit the market’s best available interest rates, terms and conditions. Yours will be a direct borrower-lender transaction with the Private Lender.
B: Under our Do-it-Yourself "Get a Private Lender Now!" Service we will provide you with minimum 500 Active Private Lenders contact information right in your area for you to directly approach them and have your loan funded under the best interest rates, terms and conditions you're able to negotiate with them for your benefit. Available upon request we'll even provide you the best, most effective letters, scripts, communications, etc. to obtain Private Lender financing. Yours will be a direct borrower-lender transaction with the Private Lender.
Q. How much does it cost?
Much, much less than being financed at today's outrageous conventional or hard-money interest rates, terms and conditions. You will literally save huge amounts of time and hundreds of thousands of dollars! Also, consider that as long as the required minimum 25% equity cushion exist, with a Private Lender funding your loan, you may even obtain 100% of the financing you require. With Private Lending everything is easier, faster and without so many requirements as there are with banks or hard-money loans.
A) Our OCF Private Lending Direct Funding Service cost is a one-time-only $5,000 Advanced Signup Retainer Payment and 5 points of the loan(s) value as service fee to be paid at COE plus the normal costs typically associated with a real estate financing transaction: appraisal cost, insurance cost, closing costs, etc.
B) Our Do-it-Yourself "Get a Private Lender Now!" Service, cost is just a one-time-only $1,995 per loan Advanced Signup Retainer Payment plus the other normal costs typically associated with a real estate financing transaction: appraisal cost, insurance cost, closing costs, etc. There are no service fee points at COE.
Q. How long does it take?
A. Under our OCF Private Lending Direct Funding no more than 2 to 6 weeks from your signup date for 6 month, 2 or 5 year loans. One day "flip" or 30-day extended loans are almost immediate upon docs verification. We Escrow the transaction at our choice of Title Company or Settling Agency.
B) Under our Do-it-Yourself "Get a Private Lender Now!" Service, it depends entirely on you and your efforts in contacting and negotiating your loan directly with your choice of one of the minimum 500 Active Private Lenders in your area we provide you with. You'll receive your lenders data base in less than 72 hours!
Order Now! No Payment Required to Order!
Important Notice:
Being a Party in an OCF Private Lending Direct Funding Service or a Do-it-Yourself "Get a Private Lender Now!" Service at no time and under no circumstances shall be construed as creating or establishing a "Loan Officer-Borrower Client" relationship with ANYONE at OCF, whether Licensed Real Estate Broker or Agent(s) or a Mortgage Loan Broker or Officer(s). THIS IS AN INVESTOR SERVICE FOR PRIVATE LENDER LOANS IN PRIVATE LENDER-BORROWER TRANSACTIONS.
Interested? Contacts us now!
Francisco De La Chesnaye, eCredit Magic's Commercial Relief principal, possesses more than 35 years experience in real estate, marketing, financing, and credit which makes him a recognized author, expert and authority in his fields. Originally from Mexico he grew up and has lived on and off in the US since 1964. He was educated both in Mexico and the US. He is fluent in English and Spanish and conversant in Italian, and French.
To avail yourself of the best Bad Credit Mortgages and Private Lending Financing go to: http://ocfprivatelending.com/need_a_loan.htm or watch the video at: http://www.youtube.com/watch?v=riZ_L7cSixQ
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