express

Private Money Loans

  • Loan Amount up to $10,000,000
  • Up to 75% LTV
  • Investment Property Only
  • No Min Credit Score Needed
  • No Income Documentation Needed
  • Non-Warrantable Condos
  • Condo Hotels
  • Short and Long Terms
  • Interest Only Payment
  • Fast and Easy Closing
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Private Money loans

A Private Money Loan is a specific type of asset-based loan financing through which a borrower receives funds secured by the value of a parcel of real estate.


Private Money Loans are typically issued by private investors or finance companies. Interest rates are typically higher than conventional commercial or residential property loans because of the higher risk taken by the lender. Most Private Money Loans are used for projects lasting from a few months to a few years. Private Money Loan is similar to a Bridge Loan, which usually has similar criteria for lending as well as the cost to the borrowers. The primary difference is that a Bridge Loan often refers to a commercial property or investment property that may be in transition and does not yet qualify for traditional financing, whereas Private Money Loans often refers to not only an asset-based loan with a high interest rate, but possibly a distressed financial situation, such as arrears on the existing mortgage, or where bankruptcy and foreclosure proceedings are occurring.

The qualifying criteria for a Private Money Loan varies widely by the loan purpose, credit scores, income and other conventional lending criteria may be analyzed. However, primarily qualification of a loan amount based on the value of the real estate being collateralized. Typically, the biggest loan one can expect would be between 50% and 75% of the property value.

This type of loan secured by the Mortgage is exempt from any provisions of the Real Estate Settlement Procedures Act of 1974, as amended and Regulation "X" of the Secretary of Housing and Urban Development because the proceeds of the Loan and the Loan proceeds are being used for as an extension of credit primarily for a business, commercial, or agricultural purpose, as defined by 12 CFR 1026.3(a) (1) of Regulation Z.