Cash-out Refinance Loan Funded
Loan Amount: $250,000
As Is Valuation: $1,150,000
7 Important Factors when Choosing a Hard Money Lender
What are the important factors when choosing a hard money lender? Mortgage Brokers, Real Estate Investors and Borrowers should consider 7 factors when choosing their Hard Money Lender (HML): Experienced – Make sure the HML is specialized in private/hard money lending. There are increasingly complex origination, servicing and investor relations regulations that need to…
10 Best Practices for Your Hard Money Loan Servicer
Hard Money Loan Servicing can determine the success of your Trust Deed Investment. Yes, the many factors involved with servicing a loan correctly can highly influence the ultimate yield. This Blog will describe 10 Best Practices for Hard Money Loan and Trust Deed Investment Servicers. Whether a Lender is a Master Servicer with an…
3 Reasons Why California Home Prices Have Room to Run
So what will become of our long-awaited housing boom? Are higher rates going to douse the housing recovery? The chart above and the reasons below tell me that prices for Single Family Homes have room to run in California. The basic premise on this graph is that while prices have risen recently in these…
Huntington Beach – Owner Occ. Bridge Loan Funded
loan amount: $300,000
Yield:
Fix and Flip Loan Funded – San Diego
Loan Amount: $549,600
Yield:
Solving the 5 Most Painful Issues in the Mortgage Process
The most painful issue in the mortgage process is cost, according to 66% of the consumers polled by Carlisle and Gallagher. More than half (56%) of those polled blame slow execution as one of the most frustrating aspects of the mortgage process. More than 30% said difficult communications and the inability to track the…
Making Others Successful
At Mortgage Vintage, Inc., we strive to make others successful . We want our innovation and refined origination process to transform our customers into something else; something more successful. Read more about it here: Download Making others Successful
7 Reasons to Guard a Trust Deed’s Protective Equity
What is “Protective Equity” and why is this Equity important for the Trust Deed Investor? Hard Money Loans are loans underwritten primarily on the underlying real estate collateral of the loan. Hard Money Lenders have varying guidelines on Loan to Value (LTV) Ratios which is defined as the Loan Amount/Property Value. A general rule however…
7 Steps to a Hard Money Loan Approval
7 key steps a borrower or a mortgage broker will need to ensure a Hard Money Loan approval. Millions in Private Capital sits on the sidelines waiting to invest in secured and well underwritten Trust Deed Investments. These are the 7 key steps a borrower or a mortgage broker will need to ensure a…
Rental Purchase Compton
Loan Amount: $132,000
Yield:
10 Steps for a Fix and Flipper to Find a Hard Money Loan
10 steps to find a Fix and Flip hard money loan Many real estate investors are enjoy buying, fixing and flipping single family residential real estate. Smart investors are taking advantage of these favorable market conditions to buy more homes using hard money loans. Hard money loans can provide leverage to stretch the investor’s…
Better to Be an Inch Wide and a Mile Deep than a Mile Wide and an Inch Deep
Why Focus on Hard Money Lending as opposed to other types of loans? When I first entered the Real Estate Business with Coldwell Banker Commercial (CB) in 1989, I heard a saying about focus that I still apply to our business today. “It’s Better to Be an Inch Wide and a Mile Deep…
Don’t Fight the Fed
How does an investor get income from their hard earned savings? How does an investor get a high yield return in today’s low interest rate environment? Well, there is one thing for sure: Don’t Fight the Fed! This mantra means that investors should realize that high yield is not going to come from traditional…
Capitalizing on “The Cloud”
Cloud computing is the use of computing resources (hardware and software) that are delivered as a service over a network (typically the Internet). End users, like Hard Money Lenders (HML), access cloud based applications through a web browser or a mobile application while the software and users’ data are stored on servers at a…
All Great Things are Made Simple
Winston Churchill, one of the most famous Statesmen of all time who led England during World War II, once said “All Great Things are Made Simple”. During the Wars darkest days, Churchill successfully motivated the British Empire to fight vigorously and courageously through his succinct messaging and prose. Former Apple CEO and famous Entrepreneur…
Cash-Out Refinance Loan Funded
Orange, CA Download Full Summary Property / Loan Information Property Type SFR (Cash-Out Refi) Lien Position 2nd Trust Deed Loan Amount $75,000 As Is Valuation $640,000 Appraisal/s.f. $259/s.f. Combined LTV 60.63% Loan Type Cash-Out Refinance Amortization 40 Year amort/due in 2 years Prepay Penalty 6 months
5 Advantages of a Managed Trust Deed Portfolio
Which is the better investment: A Trust Deed Portfolio or a Mortgage Fund that invests in Trust Deeds? You have probably already figured out that you should add non-correlated Alternative Investment, current income producing Trust Deeds to your investment portfolio to be truly diversified and protected from the volatile world of Stocks and Bonds. This…
5 Ways to Profit
How can an investor profit from buying distressed properties? According to the Corelogic Home Pricing Index (HPI) Residential Real Estate prices have depreciated by as much as 59.11% from the peak in May, 2006. Prices have increased the last few months in 2012, but the overall decline in prices is substantial. There are many ways…
Reinventing Yourself
Download Reinventing Yourself with a Business Purpose Cash-Out Loan Like many people Grady got hit hard by the Great Recession in 2008-2012. He owned his own business brokerage company where he helped Car Dealers buy and sell their Dealerships and Real Estate Holdings. Car Dealers suffered huge losses as uncertainty, and deleveraging pummeled Car Sales. …
Recent Transaction – $150k in Bakersfield
Fix and rent loan funded in Bakersfield, CA Download Full Summary Property / Loan Information Property Type Multi family 6 unit Lien Position 1st Trust Deed Trust Deed Amount $150,000 Property Valuation $250,000 Amortization and Term 40 Year amort/due in 2 years LTV on As Is Valuation 60% Loan Type Fix and Rent Occupancy Non-Owner…
4 Ways To Value Properties
How do you get an accurate value on properties? The primary underwriting criteria for a Hard Money Loan is the Value of the Property being used as Collateral. The Internet, new government regulations and the Housing meltdown have all forced Lenders and Service Providers to invent and utilize new valuation metrics and products. The…
Rehab Loans: A Win-Win-Win
Download Rehab Loans – A Win-Win-Win for Real Estate Investors, Community and Lender Rehab Loans: A Win-Win-Win for the Real Estate Investor, Community and Lender Mortgage Vintage, Inc. enjoys making Single Family Residential Rehab loans. Rehab loans are a win-win all the way around. Here are the many benefits to a Rehab Loan: Distressed Seller is…
I May Be Small But I Can Do Big Things
I May be Small but I Can Do Big Things Walking with my 3 year old son the other day, he blurted out “I may be small but I can do Big Things”. I looked at my wife and we both started laughing out loud. I thought about my Son’s profound comment and realized how…
Short Sale Fix and Flip
Mortgage Vintage, Inc. facilitated a flix and flip loan in Chatsworth, CA in the amount of $344,500. Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $344,500 As Is Valuation $530,000 After Repair Value $650,000 Interest Rate 11% LTV on ARV 53% Loan Type Purchase Fix and Flip…
The Short Sale Market is Changing October 2012
5 Ways to Win Short Sales with Hard Money Come October 2012 – Things are changing in the Short Sale marketplace. As noted in the MBA Newslink 9-4-12 “While distressed borrower typically must be behind on mortgage payments to qualify for a short sale, Fannie Mae and Freddy Mac are relaxing the requirement for…
Rehab Loans are a Win-Win for all
Download Rehab Loans – A Win-Win-Win for Real Estate Investors, Community and Lender Rehab Loans: A Win-Win-Win for the Real Estate Investor, Community and Lender Mortgage Vintage, Inc. enjoys making Single Family Residential Rehab loans. Rehab loans are a win-win all the way around. Here are the many benefits to a Rehab Loan: Distressed Seller…
Job Opening – Mortgage Loan Processor
Mortgage Loan Processor Job Description Mortgage Vintage, Inc. has a job opening for a Mortgage Loan Processor who will be responsible for verifying, sorting and compiling data relevant to loan origination, loan applications, loan processing, underwriting, lender sales and servicing. If you are this person or know someone who is please contact us!
Yield Olympics
Trust Deed Investments Win the Gold Medal USA Today recently reported that “Money funds are yielding an average 0.03%. The highest-yielding one-year bank CD, from CIT bank, is yielding 1.1%, says Bankrate.com — $5,500 a year from a $500,000 deposit. OUCH! If you’re tired of seeing your money tied up in low-yielding accounts, we have good…
Fix and Rent Loan Funded
Moreno Valley, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $81,900 As Is Valuation $126,000 After Repair Value $140,000 Monthly Rent $1,250/mo LTV on ARV 41.63% Loan Type Purchase Amortization 40 Year amort/due in 36 months Prepay Penalty 6 months