Santa Rosa, CA -- (SBWIRE) -- 10/12/2010 -- Recent moves to stamp out wholesale lending have left very few big players in the space, with Chase and SunTrust believed to the be the most popular options left the wholesale market has now turned over to Hedge Funds and Mortgage Funds .In the state of California the obvious choice for a Private Money Loan is a company out of the San Francisco Bay Area - OurfundsOnline.com A private Money Mortgage Funding Unit http://www.OurfundsOnline.com

"We are now faced with the same kind of situation that we were with TARP, where the banks just sit on the money and they don't get it in the hands of people that need it, then it's going to be a colossal failure many banks surveyed said that their company is currently hearing from 20,000 people a month inquiring about financing, about a 25-percent increase from pre-recessionary levels.And only about 2% of those eventually are given a loan."

Rohit Arora, who co-founded the New York-based website Biz2Credit ( http://www.biz2credit.com ) to help small businesses get financing, said credit is virtually frozen right now and the government's main lending arm - the Small Business Administration - has virtually stopped since the end of May, when TARP-assisted programs elapsed.

"Most of the mainstream banks are not lending money to small businesses in spite of all the announcements they (government) keep making," insisted Arora, adding 85 percent of small businesses are making getting a loan a priority right now before interest rates start climbing again. "Community banks and smaller banks have started coming back, but there's a lot of pressure from regulators that if they're lending money they need to be more conservative."so they end up denying any loan with a credit score under 720 and at least 30% down payment.Those are the same numbers Hard Money lenders use to approve their loans.Many business owners have given up on the banks ,they figure why wait 45 days to be denied a loan when they can get a Hard Money loan in 7-10 days keep it for a year or two make the interest only payments and just hope that the lending guidelines change when they come around to refinancing their loans.

When your looking for your next loan we recommend trying Ourfundsonline.com ( http://www.ourfundsonline.com ) they do not underwrite loans for the secondary market.And most importantly they make the rules and use their experience to make loans happen.Simply put they are the bank/lender a vast group of investors who have been working with us for the past 20 years and trust us to evaluate the equity position we are taking on.We are a equity based lender ,we care not about credit scores, previous foreclosure and/or bankruptcy with us all borrowers are the same depending on down payment or the equity position ( http://www.ourfundsonline.com ) we hold as collateral.

* Residential
* Construction
* $250,000 - $2,500,000
* Lot Loans
* NO FICO requirements
* Small Commercial
* LTV's to 75%
* Foreclosures
* Stated Income
* Interest only
* Multiple Borrowers
* No Prepay Penalties
* Cross Collateral OK
* Multifamily
* Office
* Retail
* Self Storage
* Special Uses
* Payments Holdbacks
* Medical
* Mixed Use

Borrower EQUITY is the primary criteria. We will look at loans on any type of real estate to any type of borrower just as long as there is equity there is a good chance you have yourself a loan !!!!!!

We fund our loans in as little as 7 days with that being said we try and limit the amount of time we have available to just one state -- We fund in California ( http://www.ourfundsonline.com ) only at the present time so that you get 100% of our time and energy so that your loan funds without any complications.

What kind of interest rate can I expect from an equity loan?
Most borrowers can typically expect an interest rate of 9% to 13% for their private money loans and the payments are lower because they are interest only.

Will my credit score affect my eligibility?
No. This is one of the most important differences between us and banks or mortgage brokers. Your credit score does not affect your eligibility.

What does Loan-to-Value (LTV) mean?
Loan-to-Value is the relationship between the value and the loans against the property.

What types of property are eligible for a private loan?
Single Family Residence, Commercial, Multi-Family, Land, Mixed Use and other real estate properties are all eligible for a hard money loan.

Do I have to pay closing costs?
Yes, however the closing costs can be paid through the loan proceeds.

How long does it take to close on an equity loan?
Closing on a http://www.ourfundsonline.com hard money loan takes between 7 and 10 days after receiving a completed package.Call their operators today toll free (877) 870-2676 or for faster service the direct office line at (310) 984-0496, they will answer any type of questions you may have and assist you with your loan submissions.

Press & Media Contact:
Jeffrey Martino Young
OurFundsOnline.com
1585 Terrace Way
Santa Rosa, CA 95404
(310) 984-0496
jyoung@essexmortgage.com
http://www.ourfundsonline.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-59648.htm

Investor confidence in the financial system has also been so badly shaken that many remain very cautious, with high levels of cash kept on the books by most fund managers as they ensure they are not caught out by a sharp downturn in sentiment.

Santa Rosa, CA -- (SBWIRE) -- 10/11/2010 -- Even big money hedge fund and Mortgage fund investors hate to lose money and many are seeking a more conservative way to make high returns on their capital in a sour economy.

Mortgage fund managers are increasingly embracing private commercial mortgage lending as a way to enhance yield and decrease the overall risk of a portfolio. The credit crisis has greatly reduced the availability of commercial mortgage capital and, at-the-same-time, made it harder for borrowers and buildings to qualify for financing. The result is a glut of good deals that should be funded but can't be funded.

Some hedge funds and Mortgage funds are stepping in and helping fill this "funding gap". This unprecedented move by private investment funds into commercial real estate finance was prompted by the demands of unhappy investors. When wealthy business people put several hundred thousand in a fund and pay a hefty management fee, they have the right to expect results. After being promised double digit yields, many investors lost large amounts of money and actually had trouble accessing the money they had invested.

Faced with disgruntled and disenchanted clients, Mortgage fund managers were desperate for a high return investment that offered at least some measure of real security. For many, private commercial mortgage loans have proved to be the answer. Unlike residential lending, commercial mortgage banking is largely unregulated and posed no barrier to entry for private investment funds. The credit crunch was (and is) keeping real estate investors, large and small, from obtaining the capital they needed to refinance their buildings or buy any new ones. Thousands of excellent deals with very reasonable risk parameters were (and are) going unfunded and the lack of institutional credit drove private lending rates high enough to pique the interest of even the most sophisticated and return hungry fund managers.With rates ranging between 10% and 15% interest only payments it leaves building owners a quality source to take their loans for funding.However some of these Private Money and Hard Money companies are recommended more then others.There are some in the Hard Money industry that charge a $25,000 to $ 50,000 retainer fee for their services whether or not they perform.So it is always wise to check the track record of the company you are using.One company that we can recommend for loans in the state of California is http://www.Ourfundsonline.com they have a sucessful track record of closing loans in both northern and southern California see below for the loan types and properties they are financing.

Purchases&Refinances with Cash-Out
* Equity Partners
* CD's
* Hard Money Construction Loans
* International Commercial Project Loans
* Hedge Funds
* Insurance Money
* Joint Ventures
* Lines of Credit
* Overseas Commercial Loans
* Pension Funds
* Private Hard Money Lenders
* Private Lenders
* Private Equity
* Private Money
* Real Estate Lending
* Trust Funds
* Wholesale Hard Money
* Wholesale Commercial Mortgages
* And More programs out daily ...

Land: with Entitlements
Construction and Rehab loans
No Pre-Payment Penalty Programs Available for a fee

http://www..Ourfundsonline.com

California Bridge Financing
Short Term "Bridge or Gap" Financing
Acquisitions with Low Fee and Rate Hard Money
Cash Out Refinances
Tenant Improvements or Rehab

http://www..Ourfundsonline.com

California Rehab Flip Hard Money Loans - Loan to cost
Residential and Commercial REO, Distressed Sale, Trustee Sale, Short sales.
Loan Amounts: $100,000 - $1,000,000 - No Prepay
Term: 6-months, up to two 3-month extensions
LTC: 70 (up to 75% exception)
ARV: 60-70%
Fico: 625+ (mid score)
Personal Gaurantee: All partners must sign a personal guarantee
Required Reserves: 50% of rehab costs * 6-months payments
Rehab Expenses: Must be fund controlled or suitable alternative
Rehab Draw: 2-3 draws permitted based upon inspection
Rehab Timeline: All rehab work must be completed within 75 days

http://www.Ourfundsonline.com

Private Money in California
Fast private money loans California
Specializing in apartment private money loans California
We have hard money loans California
in as well for the very poor credit borrowers

http://www.Ourfundsonline.com

Loan Structures - California Private Money - California Hard Money
Hard money loans are real estate collateralized loans based on the sale value of the property against which the loan is made. Private money lenders generally only lend in 1st positionLoans on Residential Properties *must* be for investment or commercial purposes non owner occupied or the maximum we will lend is 60% max.

Based in Santa Rosa, California - Our Funds Online is a residential and a commercial real estate lender providing fast, creative funding solutions nationwide.We offer bridge loans, mezzanine debt, construction financing (including land development) and occasionally equity participation. It specializes in non-conforming transactions ranging from $2 million to $100 million and above. Please visit us online for additional information http://www.Ourfundsonline.com operators can be reached 24 hours per day toll free at (877) 870-2676 or local office line (310) 984-0496

Press & Media Contact:
Jeffrey Martino Young
OurFundsOnline.com
1585 Terrace Way
Santa Rosa, CA 95404
Mob: (310) 984-0496 24 hour contact line
Tel: (877) 870-2676 Toll free line
jyoung@essexmortgage.com
http://www.ourfundsonline.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-59951.htm

Lending criteria for hard money mortgages are fairly simple. The loan is based on the value of the subject property either real estate owned or about to be purchased by a borrower.

Santa Rosa, CA -- (SBWIRE) -- 10/06/2010 -- We need Private money loans in California from $100,000, and up to 10,000,000 we love both commercial and residential ( http://www.ourfundsonline.com ) and we are a fast funding outfit that bases our loans entierely on equity. We are California # 1 equity based lender and have just decided to raise our loan to value from 65% to 70% loan to value of the property. In general, hard money mortgages are used for commercial purposes. However, they can also be applied to residential properties. In this instance, the loan is generally referred to by its more genteel name: a non-conforming mortgage.

Lending criteria for hard money mortgages ( http://www.ourfundsonline.com ) are fairly simple. The loan is based on the value of the subject property either real estate owned or about to be purchased by a borrower. If the borrower is buying property, the "value" of the real estate is defined as the actual purchase price of the property. If the borrower needs hard money for a refinance situation, the value is determined by a written real estate appraisal.

If you are looking for a hard money refinance loan, the lender will want to know when you purchased the property and what you paid for it. If you bought a property a month ago for a specific sum, the lender will be disinclined to lend you more than that purchase price. Once you own the property for about a year, especially if you have put some money, sweat equity, or both into the property, ( http://www.ourfundsonline.com ) you can get a new appraisal and get a loan based on the new, improved value of the property. This is called seasoning. Be sure you have seasoned your property for 3 months before going out for a refinance mortgage at a significantly higher value figure than what you paid for it.

Once it has three months seasononing we fund loans to borrowers with unique challenges, and who do not have the time or are unable to seek financing from traditional banking sources. We utilize our own resources to fund loans - when we commit, you may be confident of the timing and outcome we promise and we deliver on our word.

NO Rules! Ourfundsonline.com ( http://www.ourfundsonline.com ) does not underwrite loans for a secondary market. We make the rules and use our experience to make loans happen. Simply put we are the bank our vast group of investors have been working with us for the past 20 years and trust us to evaluate the equity position we are taking on. We are a equity based lender ,we care not about credit scores, previous foreclosure and/or bankruptcy with us all borrowers are the same depending on down payment or the equity position ( http://www.ourfundsonline.com ) we hold as collateral.

* Residential
* Construction
* $250,000 - $2,500,000
* Lot Loans
* NO FICO requirements
* Small Commercial
* LTV's to 75%
* Foreclosures
* Stated Income
* Interest only
* Multiple Borrowers
* No Prepay Penalties
* Cross Collateral OK
* Multifamily
* Office
* Retail
* Self Storage
* Special Uses
* Payments Holdbacks
* Medical
* Mixed Use

Borrower EQUITY is the primary criteria. We will look at loans on any type of real estate to any type of borrower just as long as there is equity there is a good chance you have yourself a loan !!!!!!

We fund our loans in as little as 4 days with that being said we try and limit the amount of time we have available to just one state -- We fund in California ( http://www.ourfundsonline.com ) only at the present time so that you get 100% of our time and energy so that your loan funds without any complications.

What kind of interest rate can I expect from an equity loan?
Most borrowers can typically expect an interest rate of 9% to 15% for their private money loans.

Will my credit score affect my eligibility?
No. This is one of the most important differences between us and banks or mortgage brokers. Your credit score does not affect your elifibility.

What does Loan-to-Value (LTV) mean?
Loan-to-Value is the relationship between the value and the loans against the property.

What types of property are eligible for a private loan?
Single Family Residence, Commercial, Multi-Family, Land, Mixed Use and other real estate properties are all eligible for a hard money loan.

Do I have to pay closing costs?
Yes, however the closing costs can be paid through the loan proceeds.

How long does it take to close on an equity loan?
Closing on a http://www.ourfundsonline.com hard money loan takes between 3 and 5 days after receiving a completed package.

Does my property need to be appraised by your appraiser?
No, but we will conduct an appraisal review on all appraisal reports submitted to us.

Where do we lend?
We currently lend in California only.

How do I get started on a hard-money loan?
To get started on an equity based hard money loan from http://www.ourfundsonline.com please e-mail me your dead or alive deals now !! e-mail to CaliforniaTDinvestments@gmail.com This e-mail address is being protected from spambots. You need JavaScript enabled to view it or contact Jeffrey Martino Young today toll free 1-877-870-2676 or 24 hour cell phone # 310-984-0496 or fill out the loan application on our website. http://www.ourfundsonline.com

Press & Media Contact:
Jeffrey Martino Young
OurFundsOnline.com
1585 Terrace Way
Santa Rosa, CA 95404
(310) 984-0496
jyoung@essexmortgage.com
http://www.ourfundsonline.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-59350.htm

Santa Rosa, CA -- (SBWIRE) -- 08/04/2010 -- New rules released this past week have basically put a end to the infamous loans of the past century .The new law brings an end to self certified income loans - dubbed "liar loans which became increasingly popular during the last Real Estate Boom !! The problem is that it will also potentially prevent fast-track loans, which require less documentation from applicants deemed low-risk.

According to the latest indusrty insiders , the proposals would prevent credit-worthy customers ( http://www.ourfundsonline.com ) getting a mortgage as well as creating "mortgage prisoners" - homeowners unable to refinance under the new OBAMA MASSIVE MARKET COLLAPSE.

"The FSA proposal to assess affordability for all on a repayment basis over a maximum of 25 years will restrict the amounts that some younger borrowers, typically first-time buyers can borrow," said Nigel Bedford of Largemortgageloans.com is quoted saying.

Stated income loans were mortgage loans made to borrowers without proving their income sources. They were largely removed from circulation after the 2007 mortgage meltdown. After that, loans made without income and sometimes without assets became extremely rare and coveted.

Several intrepid portfolio lenders getting their money from alternative sources like hedge funds and local pension funds would offer the loans and be completely swamped by eager borrowers. Their $500m portfolios would fill in a matter of months and they would stop funding new loans. For borrowers and brokers it became a hunt for a slot with the next lender before they filled up. The market for stated income loans (also called no-doc, SIVA, Low-doc, etc.) was on its last legs.

Thanks to Obama last friday on 8/1/2010 that dying market was given it's last hurrah. The reform bill signed in by Obama outlaws stated income and no doc loans. The market already did not want these loans and now the government has finished them off for good and gave them a boot on the way out the door !!.

Part 1074 (b) of the bill reads:

"No creditor may make a loan secured by real property [i.e., a mortgage loan] unless the creditor, based on verified and documented information, determines that, at the time the loan is consummated, the consumer has a reasonable ability to repay the loan ... and all applicable taxes, insurance, and assessments."

According to the latest indusrty insiders , the proposals would prevent credit-worthy customers getting a mortgage as well as creating "mortgage prisoners" - homeowners unable to refinance under the new OBAMA MASSIVE MARKET COLLAPSE.

"The FSA proposal to assess affordability for all on a repayment basis over a maximum of 25 years will restrict the amounts that some younger borrowers, typically first-time buyers can borrow," said Nigel Bedford of Largemortgageloans.com is quoted saying.

The bill also outlines the steps mortgage brokers and banks must take to verify a person's ability to repay. As is the typical practice now they must review the borrower's credit history, current income, current financial obligations, and debt-to-income ratio. To verify the borrower's income, the lender must review IRS W2+1040 statements, tax returns, bank records, ( http://www.ourfundsonline.com ) and payroll receipts / pay stubs. This means underwriter. Loan officers at banks or mortgage brokers cannot issue a pre-qualification without seeing all this documentation. This is already effectively in place now so it's not too big a shock but it does etch it in stone so there is no questioing the intent .

http://www.Ourfundsonline.com personally think that the lenders will find way to circumvent this regulation once the market will return. When prices+inventory+employment stabilize then support will be found for loans ( http://www.ourfundsonline.com ) as risky as stated income. I am a believer in the market always finding ways to do what it will naturally despite outside influences. There have been quite a lot of outside influences in the mortgage market lately and the industry itself is in a state of flux. It is reinventing itself and rewriting its rules in the midst of the best interest rate environment in recent history. When the dust settles I think that stated income loans will return but until then, get those W2s and 1040s ready or form a good relationship with a "Hard Money" lender if you plan on getting yourself a loan.

Hurry don't wait around send us those "Stated Income " loans today we are a private money ( http://www.ourfundsonline.com ) lender that funds using our own money unlike the banks and credit unions and can fund your loan no matter what Obama says or wants !! Call Jeffrey Martino Young at 310-984-0496 or through our e-mail Californiatdinvestments@gmail.com or our online website at htp://www.Ourfundsonline.com

Press Contact:
Jeffrey Martino Young
OurFundsOnline.com
1585 Terrace Way, Suite 158
Santa Rosa, CA 95404
Mob: (310) 984-0496
Tel: (877) 870-2676
jyoung@essexmortgage.com
http://www.ourfundsonline.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-52485.htm

Private money lenders are investors who, for the right investment opportunity, will loan you the money to buy real estate investments.

Santa Rosa, CA -- (SBWIRE) -- 08/02/2010 -- Real estate investors are unable to find traditional mortgage lenders who will meet their financing requirements? Then you might want to consider locating a private money lender. Private money lenders are investors who, for the right investment opportunity, will loan you the money to buy real estate investments. ( http://www.ourfundsonline.com ) As long as you have equity in the property and an exit strategy to pay them back, a private money loan should be easy enough for you to find. Here are a few places to locate your private money lender.

* Conventional Mortgage Consultant
* Real Estate Seminars
* Other Investors
* The Internet

* Who are Hard Money Lenders?
* Private Investors
* Hedge Funds
* Institutional Investors
* Portfolio Lenders
* Agents of REO (bank owned properties)

Why Use a Private Money Lender?

A private money lender provides a quick interim financing for you to purchase, rehab and resell a single family residence or commercial property. ( http://www.ourfundsonline.com ) They do not require any credit checks or traditional guidelines such as banks and other financial institutions. Basically, private money lenders are looking for a deal that makes sense with a quick return on their investment. They also provide short term bridge and gap financing. It can take as little as 5 days to get your financing. So if time is of the essence, a private money lender is the answer to your prayers. You can get fast cash for real estate foreclosures and other hot investment deals.

In these tight financial market times, it makes much more sense to you use a lender instead of a traditional mortgage lender. Why waste time and get turned down missing your investment opportunity while you are waiting for loan approval. You should be compiling a list of private money lenders ( http://www.ourfundsonline.com ) so when you do find a great investment, you are ready to go. You will never have to worry about how you are going to fund your project, just where you will find your next deal. This way you can concentrate on rehabbing your property and selling.

A break down of the "Hard Money" Lender ( http://www.ourfundsonline.com ) we primarily target short term, first mortgage bridge loans secured by cash flowing (or soon to be cash flowing) properties with a maximum loan-to-value of 70%. Interest rates typically range from 10.99% to 12.49% with two to three points for a two-five year term and a 6 month prepayment penalty. Longer terms and extensions are possible, all of our loans are interest-only payments. We also finances note acquisitions on a case by case basis for experienced players.

We are The kind of private lender that is equiped to have our funds online hence the name and be ready to be a rapid deployment force - capable of closing a bridge loan very quickly when necessary -usually within the week ,we are a useful, brief interim step to help a borrower get from acquisition to the point where he can refinance the bridge loan with a bank or an exit via a sale.Ourfundsonline.com fit this category of private lender ( http://www.ourfundsonline.com ) and seeks to be a short-term solution for experienced real estate players - the quick-close arrow in their quiver.With over 25 years of real estate experience we know the importance of following through on our word and dotting all of our I's and crossing all of our T's so that the investor does not have to worry about anything but his next transaction and can feel comfortable leaving the present transaction in our hands to fund and finalize.Contact managing member and president of Ourfundsonline.com listed below - Jeffrey Martino Young, ( http://www.youtube.com/watch?v=PqDjlB3fV8Y ) CaiforniaTDinvestments@gmail.com, Tel: (310) 984-0496, Cell: (877) 870-2676

Press Contact:
Jeffrey Martino Young
OurFundsOnline.com
1585 Terrace Way, Suite 158
Santa Rosa, CA 95404
Mob: (310) 984-0496
Tel: (877) 870-2676
jyoung@essexmortgage.com
http://www.ourfundsonline.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-52136.htm

We just had a large portfolio of loans pay off and need to place those funds to keep our investors happy.- due to market conditions.management just approved a 5% loan to value increase raising our loan to value to 70%.

Santa Rosa, CA -- (SBWIRE) -- 07/26/2010 -- Welcome To http://www.Ourfundsonline.com (310) 984-0496 24 hour money line cell phone ****(877) 870 - 2676 toll free line

California Hard/Private Money Lender is owned and operated by Mr. Jeffrey Martino Young, Inc. in Santa Rosa, CA . Sonoma County, he has extensive experience in placing private money financing on c=-0943l and residential real estate. http://www.Ourfundsonline.com are a residential and commercial california private money loan lender and hard money loan specialist that represents a multitude of private individual investors who specialize in funding private money loans thruout the entire state of California but we especially concentrate on the following areas of - Los Angeles, San Francisco, San Diego,Orange and San Jose and all other smaller metro areas of California. In addition to our expertise in residential and commercial hard money loans, we also service bridge, construction / rehab, and apartment loans. And your one and only California Private Money Lender has now stepped up to the plate and has started funding Foreclosure flips at 75% loan to cost.Yes as far as I know we are the only one out there doing this...also we have a non-seasoning policy so you can get the appraised value the very next day after closing another first as far as I know .We always have been and always will be the trend setters for the real estate financing industry.While other lenders are over conditioning your borrower we are thinking of new loan programs to keep your business flowing to our underwriters.

Hard Money Lending Services - REO California Hard Money Purchase Loans Available!
California Private Money Loans - California Hard Money Loan Lender
Purchases & Refinances with Cash-Out
Low Documentation Loans(just show me you have the ability to make the payments and I am covered from the new lending laws)
Apartment buildings 5+ units and Commercial Buildings
Residential Rental Properties
No and low pre-payment options
6 months to 5 years interest only terms available.
All Property Types - Including Special Use, REO investor, etc.
Up to 70 % Loan to value 75% loan to cost.
http://www.Ourfundsonline.com

California Residential Private Money Loans
1st TD loans from $100k - $5MM Super Jumbo
70% LTV 1st TD
All Credit Grades - even below 500 fico
2nd TDs up to $1MM - max 65% CLTV
2nd TD HELOC program up to 70% LTV (max $100k loan)
Low Documentation Programs
Owner Occupied Properties and Non Owner Occupied Properties
http://www..Ourfundsonline.com

California Apartment and Commercial Real Estate Private Money Loans
Purchases and Refnances with Cash-Out;
Purchase Bridge Program for Deferred Maintenance and repairs
Office Buildings, Apartment Buildings, Retail Buildings, Industrial Buildings, Mixed-Use, Special-Use, Automotive and other property types
Apartment Private Money Loans - Apartment Hard Money Loans
Interest Only, Interest Reserves Available, and Minimum Payment Options
2nd TD's available up to 70% CLTV on Apartments
6-month term to 5-years depending on property type and loan request
Owner User Properties
Big Ugly Vacant Buildings
Land: with Entitlements
Construction and Rehab loans
No Pre-Payment Penalty Programs Available for a fee
http://www..Ourfundsonline.com

California Bridge Financing
Short Term "Bridge or Gap" Financing
Acquisitions with Low Fee and Rate Hard Money
Cash Out Refinances
Tenant Improvements or Rehab
http://www..Ourfundsonline.com

California Rehab Flip Hard Money Loans - Loan to cost
Residential and Commercial REO, Distressed Sale, Trustee Sale, Sherriff's Sale, etc.
Loan Amounts: $100,000 - $1,000,000 - No Prepay
Term: 6-months, up to two 3-month extensions
LTC: 70 (up to 75% exception)
ARV: 60-70%
Fico: 625+ (mid score)
Personal Gaurantee: All partners must sign a personal guarantee
Required Reserves: 50% of rehab costs * 6-months payments
Rehab Expenses: Must be fund controlled or suitable alternative
Rehab Draw: 2-3 draws permitted based upon inspection
Rehab Timeline: All rehab work must be completed within 75 days
http://www.Ourfundsonline.com

Private Money in Los Angeles
Fast private money loans Los Angeles
Our offices are in Los Angeles metro and we can drive the property the same day
Specializing in apartment private money loans Los Angeles
We have hard money loans in Los Angeles as well for the very poor credit borrowers
http://www.Ourfundsonline.com

Loan Structures - California Private Money - California Hard Money
Hard money loans are real estate collateralized loans based on the sale value of the property against which the loan is made. Private money lenders generally only lend in 1st position. However, some hard money lenders will subordinate to another 1st lien position loan; these loans are known as second lien position loans.

Hard money lenders are most concerned with Loan-to-Value or LTV ratio and typically lend a maximum of 60-65% of the value of the property. But at http://www..Ourfundsonline,com we go to 70% LTV which is defined as 'today's sales price, the amount a hard money lender could expect to realize from the sale of the loan collateral/property in the event that the borrower defaults and the property would be sold in a 1-4 months' time. This 'value' differs from the purchase price.We give the current value of your property not hte purchase pricce my 99% of the other lenders.

Contact Jeffrey Martino Young at CaliforniaTDinvestments@gmail.com or on the 24 hoiur cell line (310) 984-0496 and/or our Toll Free line 1-877-870-2676. or online http://www.Ourfundsonline.com

Press Contact:
Jeffrey Martino Young
OurFundsOnline.com
1585 Terrace Way
Santa Rosa, CA 95404
Mob: (310) 984-0496
Tel: (877) 870-2676
jyoung@essexmortgage.com
http://www.ourfundsonline.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-51452.htm

OurFundsOnline offers both commercial and residential loans and are fast funding outfit that bases loans entierely on equity.

Santa Rosa, CA -- (SBWIRE) -- 07/23/2010 -- We need Private money loans in California from $100,000, and up to 10,000,000 we love both commercial and residential ( http://www.ourfundsonline.com ) and we are a fast funding outfit that bases our loans entierely on equity. We are California # 1 equity based lender and have just decided that we have so much money to lend that we are going to make a big 5% loan to value exception ......so brokers,investors big and small pull out your dead deals from the bottom of the trash can we now go up to 69% loan to value .....pull out the near misses and e-mail them to me while the cash is still here !!!! My daddy died and left me millions and I know that Real Estate is still my best investment no matter how bad the current state of the market is .....I want your loans and will spend Daddy's cash to get it now !!!! on your real estate equity.

We fund loans to borrowers with unique challenges, and who do not have the time or are unable to seek financing from traditional banking sources. We utilize our own resources to fund loans - when we commit, you may be confident of the timing and outcome we promise and we deliver on our word.

NO Rules! Ourfundsonline.com ( http://www.ourfundsonline.com ) does not underwrite loans for a secondary market. We make the rules and use our experience to make loans happen. Simply put we are the bank our vast group of investors have been working with us for the past 20 years (formally Cal-Pac Funding) and trust us to evaluate the equity position we are taking on. We are a equity based lender ,we care not about credit scores, previous foreclosure and/or bankruptcy with us all borrowers are the same depending on down payment or the equity position ( http://www.ourfundsonline.com ) we hold as collateral.

* Residential
* Construction
* $250,000 - $2,500,000
* Lot Loans
* NO FICO requirements
* Small Commercial
* LTV's to 75%
* Foreclosures
* Stated Income
* Interest only
* Multiple Borrowers
* No Prepay Penalties
* Cross Collateral OK
* Multifamily
* Office
* Retail
* Self Storage
* Special Uses
* Payments Holdbacks
* Medical
* Mixed Use

Borrower EQUITY is the primary criteria. We will look at loans on any type of real estate to any type of borrower just as long as there is equity there is a good chance you have yourself a loan !!!!!!

We fund our loans in as little as 4 days with that being said we try and limit the amount of time we have available to just one state -- We fund in California ( http://www.ourfundsonline.com ) only at the present time so that you get 100% of our time and energy so that your loan funds without any complications.

What kind of interest rate can I expect from an equity loan?
Most borrowers can typically expect an interest rate of 9% to 15% for their private money loans.

Will my credit score affect my eligibility?
No. This is one of the most important differences between us and banks or mortgage brokers. Your credit score does not affect your elifibility.

What does Loan-to-Value (LTV) mean?
Loan-to-Value is the relationship between the value and the loans against the property.

What types of property are eligible for a private loan?
Single Family Residence, Commercial, Multi-Family, Land, Mixed Use and other real estate properties are all eligible for a hard money loan.

Do I have to pay closing costs?
Yes, however the closing costs can be paid through the loan proceeds.

How long does it take to close on an equity loan?
Closing on a http://www.ourfundsonline.com hard money loan takes between 3 and 5 days after receiving a completed package.

Does my property need to be appraised by your appraiser?
No, but we will conduct an appraisal review on all appraisal reports submitted to us.

Where do we lend?
We currently lend in California only.

How do I get started on a hard-money loan?
To get started on an equity based hard money loan from http://www.ourfundsonline.com please e-mail me your dead or alive deals now !! e-mail to CaliforniaTDinvestments@gmail.com or contact Jeffrey Martino Young today toll free 1-877-870-2676 or 24 hour cell phone # 310-984-0496 or fill out the loan application on our website. http://www.ourfundsonline.com

Press Contact:
Jeffrey Martino Young
OurFundsOnline.com
1585 Terrace Way
Santa Rosa, CA 95404
(310) 984-0496
jyoung@essexmortgage.com
http://www.ourfundsonline.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-51320.htm

We recruit ordinary individuals from around the world who have additional funds for Real Estate Investing.

Santa Rosa, CA -- (SBWIRE) -- 07/16/2010 -- Currently the Unites States economy is experiencing a "credit crunch" that is restricting the flow of new money into the Real Estate markets. Easy qualifier and stated income loans are virtually a thing of the past in the conforming residential market. Private lenders are seeing opportunities to make well secured loans that would have previously gone to mortgage companies. Sellers are now carrying the aper to move their homes in the slower market. Tighter lending requirements coupled with more restrictive underwriting requirements are creaating opportunities for private money lenders never experienced before. In the past 25 years that I have been in this industry I have never seen such good quality of loans being declined by banks. This banking crisis has given me the opportunity to bring together all of my investor contacts over the years together into one place, creating a Synergy of available capital and quality loans which need funding and placed it online so that others can take advantage of this once in a lifetime opportunity through http://www.ourfundsonline.com. Please visit us today and see how easy this process can be!!!!

We recruit ordinary individuals from around the world who have additional funds for Real Estate Investing.

* They have extra cash and want to invest it and get a good rate of return.

* They want their money to grow, not just sit there in the bank earning puny interest rates.

* With the economy in such dire straights it is hard getting a decent rate of interest on their money

* Even a Certificate of Deposit (CD) only offers about 2% and savings accounts only about 1%!

* As members of our network these individual investors can review our "Loan Requests" looking for a person who needs a Real Estate loan for some reason, any reason actually, where they can earn a much higher rate of return on their investment.

* There are wealthy individuals would like to help, perhaps not even having a family of their own, but how would they go about it?

* Would they run an advertisement in the local paper?

* They want privacy without being besieged with letters and phone calls so trust us to handle the transactions.

* These loans are also serviced by http://www.ourfundsonline,com we collect the monthly mortgage payment then send the investors their monthly yield.

* We fund loans to borrowers with unique challenges, and who do not have the time or are unable to seek financing from traditional banking sources. We utilize our own resources to fund loans - when we commit, you may be confident of the timing and outcome we promise and we deliver on our word.

NO Rules! Ourfundsonline.com does not underwrite loans for a secondary market. We make the rules and use our experience to make loans happen.Simply put we are the bank our vast group of investors have been working with us for the past 20 years (formally Cal-Pac Funding) and trust us to evaluate the equity position we are taking on.We are a equity based lender ,we care not about credit scores, previous foreclosure and/or bankruptcy with us all borrowers are the same depending on down payment or the equity position ( http://www.ourfundsonline.com ) we hold as collateral.

* Residential
* Construction
* $250,000 - $2,500,000
* Lot Loans
* NO FICO requirements
* Small Commercial
* LTV's to 75%
* Foreclosures
* Stated Income
* Interest only
* Multiple Borrowers
* No Prepay Penalties
* Cross Collateral OK
* Multifamily
* Office
* Retail
* Self Storage
* Special Uses
* Payments Holdbacks
* Medical
* Mixed Use

Borrower EQUITY is the primary criteria. We will look at loans on any type of real estate to any type of borrower just as long as there is equity there is a good chance you have yourself a loan !!!!!!

We fund our loans in as little as 4 days with that being said we try and limit the amount of time we have available to just one state -- We fund in California ( http://www.ourfundsonline.com ) only at the present time so that you get 100% of our time and energy so that your loan funds without any complications.

What kind of interest rate can I expect from an equity loan?
Most borrowers can typically expect an interest rate of 9% to 15% for their private money loans.

Will my credit score affect my eligibility?
No. This is one of the most important differences between us and banks or mortgage brokers. Your credit score does not affect your elifibility.

What does Loan-to-Value (LTV) mean?
Loan-to-Value is the relationship between the value and the loans against the property.

What types of property are eligible for a private loan?
Single Family Residence, Commercial, Multi-Family, Land, Mixed Use and other real estate properties are all eligible for a hard money loan.

Do I have to pay closing costs?
Yes, however the closing costs can be paid through the loan proceeds.

How long does it take to close on an equity loan?
Closing on a http://www.ourfundsonline.com hard money loan takes between 3 and 5 days after receiving a completed package.

Does my property need to be appraised by your appraiser?
No, but we will conduct an appraisal review on all appraisal reports submitted to us.

Where do we lend?
We currently lend in California only.

How do I get started on a hard-money loan?
To get started on an equity based hard money loan from http://www.ourfundsonline.com please contact Jeffrey Martino Young today toll free 1-877-870-2676 or 24 hour cell phone # 310-984-0496 or fill out the loan application on our website.

We provides loans to builders and developers, investors, and owners of residential and commercial properties throughout the Western U.S. Our competitive advantage is our speed and agility in executing deals. While traditional banks and lending institutions can take several weeks, if not months, to bring a deal over the finish line, the founders of our company know that having the ability to fund quickly is imperative for real estate professionals to capitalize on fleeting opportunities. We also understand the needs of corporations, partnerships, trusts, and individuals who stand to profit beyond the cost of private capital and realize that in the end: private money isn't cheap, but it's cheaper than a partner. So call.

For more information feel free to contact Jeffrey Martino Young at http://www.ourfundsonline.com 1585 Terrace Way Santa Rosa,Ca. 95404 or feel free to Contact Jeffrey Martino Young at either (310) 984-0496 or Toll free 1-877-870-2676 e- mail address CaliforniaTDinvestments@gmail.com Jeffrey Young has over 25 years experience in all facets of the Real Estate Industry so you can feel at ease knowing your loan is in the hands of a seasoned professional.

Press Contact:
Jeffrey Martino Young
OurFundsOnline.com
1585 Terrace Way
Santa Rosa, CA 95404
(310)984-0496
jyoung@essexmortgage.com
http://www.OurFundsOnline.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-50501.htm

Our funds online is a private money portfolio lender OurFundsOnline.com

Santa Rosa, CA -- (SBWIRE) -- 07/14/2010 -- We fund loans to borrowers with unique challenges, and who do not have the time or are unable to seek financing from traditional banking sources. We utilize our own resources to fund loans - when we commit, you may be confident of the timing and outcome we promise and we deliver on our word.

NO Rules! Ourfundsonline.com does not underwrite loans for a secondary market. We make the rules and use our experience to make loans happen.Simply put we are the bank our vast group of investors have been working with us for the past 20 years (formally Cal-Pac Funding) and trust us to evaluate the equity position we are taking on.We are a equity based lender ,we care not about credit scores, previous foreclosure and/or bankruptcy with us all borrowers are the same depending on down payment or the equity position ( http://www.ourfundsonline.com ) we hold as collateral.

* Residential
* Construction
* $250,000 - $2,500,000
* Lot Loans
* NO FICO requirements
* Small Commercial
* LTV's to 75%
* Foreclosures
* Stated Income
* Interest only
* Multiple Borrowers
* No Prepay Penalties
* Cross Collateral OK
* Multifamily
* Office
* Retail
* Self Storage
* Special Uses
* Payments Holdbacks
* Medical
* Mixed Use

Borrower EQUITY is the primary criteria. We will look at loans on any type of real estate to any type of borrower just as long as there is equity there is a good chance you have yourself a loan !!!!!!

We fund our loans in as little as 4 days with that being said we try and limit the amount of time we have available to just one state -- We fund in California ( http://www.ourfundsonline.com ) only at the present time so that you get 100% of our time and energy so that your loan funds without any complications.

What kind of interest rate can I expect from an equity loan?
Most borrowers can typically expect an interest rate of 9% to 15% for their private money loans.

Will my credit score affect my eligibility?
No. This is one of the most important differences between us and banks or mortgage brokers. Your credit score does not affect your elifibility.

What does Loan-to-Value (LTV) mean?
Loan-to-Value is the relationship between the value and the loans against the property.

What types of property are eligible for a private loan?
Single Family Residence, Commercial, Multi-Family, Land, Mixed Use and other real estate properties are all eligible for a hard money loan.

Do I have to pay closing costs?
Yes, however the closing costs can be paid through the loan proceeds.

How long does it take to close on an equity loan?
Closing on a http://www.ourfundsonline.com hard money loan takes between 3 and 5 days after receiving a completed package.

Does my property need to be appraised by your appraiser?
No, but we will conduct an appraisal review on all appraisal reports submitted to us.

Where do we lend?
We currently lend in California only.

How do I get started on a hard-money loan?
To get started on an equity based hard money loan from http://www.ourfundsonline.com please contact Jeffrey Martino Young today toll free 1-877-870-2676 or 24 hour cell phone # 310-984-0496 or fill out the loan application on our website.

We provides loans to builders and developers, investors, and owners of residential and commercial properties throughout the Western U.S. Our competitive advantage is our speed and agility in executing deals. While traditional banks and lending institutions can take several weeks, if not months, to bring a deal over the finish line, the founders of our company know that having the ability to fund quickly is imperative for real estate professionals to capitalize on fleeting opportunities. We also understand the needs of corporations, partnerships, trusts, and individuals who stand to profit beyond the cost of private capital and realize that in the end: private money isn't cheap, but it's cheaper than a partner. So call.

For more information feel free to contact Jeffrey Martino Young at http://www.ourfundsonline.com 1585 Terrace Way Santa Rosa,Ca. 95404 or feel free to Contact Jeffrey Martino Young at either (310) 984-0496 or Toll free 1-877-870-2676 e- mail address CaliforniaTDinvestments@gmail.com Jeffrey Young has over 25 years experience in all facets of the Real Estate Industry so you can feel at ease knowing your loan is in the hands of a seasoned professional.

Press Contact:
Jeffrey Martino Young
OurFundsOnline.com
1585 Terrace Way
Santa Rosa, CA 95404
(310)984-0496
jyoung@essexmortgage.com
http://www.ourfundsonline.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-50227.htm