Non-Conforming Loan Specialists
Hard Money Loans
We work with you to try our best to arrive at a loan quote that will work for your borrower’s situation. Sometimes you may need a commitment, or a conditional commitment to bring the Borrower to the table. We get involved to the degree you are comfortable up until there is a preliminary agreement on the quote. We take over from there and process the loan as needed to provide the prospective Private Lender(s) full disclosure of all facts. We are detailed in our disclosures and sometimes require help from the referring Broker to get all documentation needed to close the loan.
We take all the facts into consideration when arranging a loan. Borrowers with bad credit, odd properties, no proof of income, and unusual situations have all obtained financing with us. We are often able to fund very quickly depending on what the situation requires.
We have had many challenging loan applications over the years. Sometimes at first glance the loan request would appear near impossible. It seemed there was no way to make the loan work. However, we often come up with creative solutions to make it work.
Broker Protection
Referring brokers are paid their commission upon loan closing. We do not do our own escrows escrows. An independent escrow company or title escrow company is used in every loan transaction. After closing, if you referred the borrower, we do not contact the borrower for other than loan servicing matters. If the borrower contacts us for another loan or refinance, we send them back to you, the referring broker. Over 50% of our loans come to us through referring brokers. Brokers are the lifeblood of our business. You will always be respected and treated well at Saks Financial.