Terms
- Interest From 8.99% to 11.99% 1
- Loans $20,000 – $2,000,000
- Funding Up to 70% LTV 2
- NO Prepayment Penalties or Junk Fees
- Terms Up to 7 Years
- Lender Points 2.5% – 4%
- BK/Foreclosure/Short Sale/ Poor Credit – OK
- Residential Owner Occupied – OK
- California and Arizona Only
Source Capital Blog
- 4.5.2013 - Real Estate Investments
Real estate investments come in all forms. Low risk options are definitely sought after....
More - 4.3.2013 - Why Source Capital?
Experience is an amazing teacher. Other people's experiences, along with our own, can help us make beneficial decisions....
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Per FDIC Regulations Section 6500, Part 226, Subpart C, 226.24. The amount of each payment that will apply over the term of the loan is based on simple annual interest applied to unpaid balance. All loans range from 6 to 84 months, are interest only and include a balloon payment due at term. Payments do not include amounts for taxes or insurance premiums. Finance charges apply. The annual percentage rate APR may not be increased after the consummation of the loan. Lower rates reserved for income producing commercial properties.
Loans up to 70% loan to value are subject to a term of 12 months or less.