We are private money lenders, not bankers
Private money real estate loans are made by private investors to borrowers who, for many reasons, decide not to use conventional loan sources. They are sometimes referred to as hard money loans.
Rather than go through all the documentation and paperwork required by conventional lenders, a borrower has the option of using a private money lender and eliminating much of the qualifying process.
If your loan makes sense, let’s talk
As private money lenders in Washington, we are generally much more lenient on credit scores, income requirements, and the type of property we will loan on.
In addition, private money loans can be completed much faster than conventional bank-type loans. Costs are generally higher with private equity loans. But due to the ease and speed of processing this type of loan, it often makes sense when analyzing a borrower’s options.
With your good equity, you’re approved!
- Have bad credit?
- Been turned down by conventional lenders?
- Filed bankruptcy?
- Your property doesn’t qualify for a bank loan?
Private money lenders are the right choice when looking for a fast and streamlined loan.
A private mortgage lender for over 30 years, Gregory M. Russell has helped thousands of customers throughout Washington State obtain quick cash using their property as collateral. Call today to learn more about our loan services.