At Val-Chris, we love our brokers. That’s because we both benefit from swift, smooth transactions and happy mutual clients.
Unlike conventional lenders, we provide extremely unique and customized loan packages to borrowers. Whether it is a residential loan, commercial, industrial or any other type – we can make it work. Using private money allows us to find an arrangement between us and a borrower that is mutually beneficial for both parties. Because we are a direct lender, we have the opportunity to provide our borrowers with the best terms possible.
Information for brokers.
Private money lending has a number of unique properties and requirements which make our transactions possible. Backed by a promissory note and trust deed, our investors are secured with a real-estate asset. Because of this, our borrowers have extremely flexible terms and a much faster application process.
Rates Terms and Fees*
Loan terms and the associated origination points which can be offered will vary based upon each specific situation. However, see the list below for common term and fee ranges.
- 1st trust deed rates starting at 6.99% and 2nd trust deed rates starting at 8.99%
- Terms from 2 to 7 years
- Origination fees from 1 – 4 points typically
- Contact our office for more details on the different pricing options that we offer.
Loan Package Requirements
When submitting a transaction for approval, our brokers are encouraged to include as much information as possible. We pride ourselves on being extremely flexible with our broker relationships and will find a process that works for your and your client as well.
- Completed Loan Application
- Credit Report
- Preliminary Report
- Purchase Agreement (if applicable)
- Escrow Instructions
- Borrower’s Exact Vesting
Recently Closed Transactions
3- 1st TDs
Westlake Village, CA
Tahoe City, CA
*These assumptions are subject to change without notice. Rate and points may be adjusted based on several factors including, but not limited to, state of property location, loan amount, documentation type, loan type, occupancy type, property type, loan to value and your credit score. Your final rate and points may be higher or lower than those quoted based on information relating to these factors, which may be determined after you apply.