ACQUISITION

For the purchase of real estate, including fix and flip properties

RENTAL

For the financing of rental properties, up to 5 years

ACQUISITION + REHAB

For the purchase + rehab of real estate. Rehab funds set aside for draws as the projects are completed

JUNIOR LIENS

2nd – A loan behind a first lien up to 65% CLTV

BRIDGE / TRANSACTIONAL

A short term loan which provides the borrower flexibility and time to meet obligations until more permanent financing is obtained

PARTNERSHIP BUYOUTS

For the transfer of equity between partners

OWNER OCCUPIED

We provide cash-out refi loans for residences if and only if the entire loan amount is to be used for business purposes

CUSTOM BUSINESS PURPOSE

We have the capability to handle a diverse range of real estate transactions that may be out of scope for traditional lenders

There are several reasons why Borrowers welcome the opportunity to work with Mortgage Vintage, Inc. for their real estate finance needs. Below are some of the scenarios and reasons why borrowers need one of our Private Money Loans:

• A desire for fast funding of a real estate transaction – 3-7 day funding
• A desire for fast loan approvals – we deliver Term Sheets in 24 hours or less
• Self employed individuals who don’t report substantial income on their Tax Returns
• Property condition disqualifies conventional financing sources
• We do not require Income Verification – No Tax Returns needed
• Property type – we will consider most property types
• Life event including loss of job, divorce, death in the family and other events
• Debt-to-Income Ratios (DTI) don’t qualify for conventional loans
• Short term loan desired – we can structure loans from 6 months to 5-years
• Credit Impaired from Foreclosure, Short Sale or Major Life Event
• Equity driven underwriting principles
• Low FICO scores
• Divorce or Partnership dissolution where one party needs to buy out the other party
• Short Term Loss of Employment

Simply stated, many times a conventional loan is not possible or feasible. In these cases where government backed loans are not available, Mortgage Vintage, Inc. may be able to help.

Below are some resources that you can download to help you better understand the Hard Money Lending world.

Please click on the images below, fill out the form and you will be emailed a copy of the Booklet immediately.