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the Private Lender Program |
The PRIVATE LENDER PROGRAM is
an EXCITING program in itself and offers
HUGE FEES
for the broker
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. There are several brokers throughout the country who
specialize in only this program and EARN EXCEPTIONALLY HIGH
FEES!
There are hundreds of people in your own city or town who have
$15,000, $20,000, even $50,000 or more, deposited in savings
accounts that earn them only a portion of the interest they could
earn by investing these funds in real estate secured mortgages or
trust deeds. You act as the intermediary between borrowers and
these investors. It's easier than you think!
I'll show you how to find these investors quickly and you'll soon
compile a list of investors who are ready and willing to look at
your loan requests and have them funded.
The type of loans that you will be funding are what we call
equity loans, or hard money loans. Usually the highest
loan-to-value ratio that you will lend on these loans is about
70%. This will mean maximum security for your private investors.
BORROWERS COME TO YOU
BECAUSE:
1. Credit problems in the past and are unable to get bank
financing.
2. Banks and other lenders are not making loans on a certain type
of loan request.
3. Not on the job long enough.
4. Just moved into town.
5. Loan request is too small for an institutional lender.
6. Business related loan request.
7. Second home, or rental property.
Banks find many more excuses not to approve loans, even though
the property may have plenty of equity and be considered a very
well secured loan. When borrowers have no place to turn,
they will come to you and you can close several of these
loans each month. These are small loans of $15,000 to $50,000.
The borrowers are usually desperate and will pay a premium
interest rate to your investors and also a premium loan
fee to you. The average charge as a loan broker for these loans
is 8% - 12%.
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Below are a
few samples of loans that I've just closed and the fee
that I earned for arranging the financing: |
$25,000
first trust deed |
rental property |
40%
loan-to-value |
loan fee 10%
($2,500) |
$15,000
first trust deed |
rental property |
35%
loan-to-value |
loan fee 10%
($1,500) |
$20,000
second trust deed |
residence |
60%
loan-to-value |
loan fee 10%
($2,000) |
|
Each of these borrowers were unable to receive financing from
their banker for one reason or another, yet the security in each
case was excellent and the investors were happy to receive a
higher yield for this investment than they received from their
bank deposit accounts.
Therefore, your borrowers are happy -- they've received their
loans! Your investors are happy -- they have excellent security
and earn a high rate of return
THE PRIVATE LENDER
PROGRAM INCLUDES:
1. Samples of actual offerings, closings,
letters, agreements, forms, investment summaries, loan
applications, etc.
2. How and where to find investors fast.
3. How and where to find borrowers.
4. Absolutely everything you need to start
earning huge fees immediately.
5. And free consultation by
the publisher.
Price - $80.00
with Next Day Shipping
with next day
delivery
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