2. • Nonconforming direct lender with over 100 years combined
experience.
• We have a proven track record of delivering performing safe
trust deeds to our investor community since 1975.
• Reliable top producing AEs/Ops providing strong
communica;on skills and work ethic.
4. QuesDon: How does Private Money work?
Answer:
• With some basic informa;on we can get
you a quote for your client.
• This is ONLY a quote that is usually a
range and this quote could change upon
receipt of a complete package.
• Upon receipt of a complete package we
find an individual investor who likes the
loca;on and condi;on of the property
but most of all he likes the return he can
receive on the note.
• That individual investor funds the loan…
NOT an ins;tu;on.
11. CORE PROGRAM:
• Our loan amounts range from $100,000 to $2,000,000
• Our loans are 10, 20, 30 or 40 year amor;zed or I/O
(ONLY Small Balance Commercial) due in 3 years.
• Our standard fee is 2 – 6 points.
• Our prepayment penalty ranges from 0 months to 1
year depending on the program (80% of 6 months
interest).
13. • We don’t require Income Doc.
• We don’t require FICO SCORES
• We don’t require Reserves.
• We don’t require Source or Seasoning.
• We don’t require borrower to be a US Ci;zen.
• We don’t require Appraisal Reviews.
• BPO OK if less than 50% LTV.
14. • Collateral (Security – The property securing the note.)
• Skin (Borrowers own Cash into the transac;on.)
• Story (The story that gave rise to the need for the loan.)
• Exit Strategy (A realis;c detail of how the loan will be
paid off at maturity.)
If one leg is missing the stool becomes less stable.
15. • Keep in mind a private money loan is a “BRIDGE”
loan or a “BAND AID” loan.
• Most borrowers take a private money loan
because they need to close FAST...FASTER than
ins;tu;onal lending.
• This is a short term loan…THREE years…and in
most cases this loan will pay off sooner.
16. The goal for the borrower ader three years is:
• They will have their credit reestablished.
• They can meet Fannie Mae, Freddie Mac income
requirements
• Their FICO scores will be be>er.
• Their divorce will be final.
• The probate will be completed.
• The property will be sold if a flip.
The BEST part is that the broker may get to refinance the
borrower in 3 years and get a SECOND loan!!!
17. Sunwest Capital Lending
“YOUR COMPANY FOR LIFE”
CALL US
(949)542-3158
Chris Stamos chris@sunwestcapital.com
Ron Rauch ron@sunwestcapital.com
Mary D‘Acierno mary@sunwestcapital.com