INFORMATION
FOR LENDERS
Today's
economic environment has created a set of particular
challenges for investors. As the stock market rises
and falls, some are looking to fixed rate investments
for stability. But with savings rates at 1% and CDs
at 6% for ten years locked in, is this return good enough
for you?
Equity-based
lending offers a better choice. Our private lenders
enjoy 9.75%-13% average return on their investments. We
pride ourselves on providing creative, flexible assistance
to those individuals who need it most. Our non-conventional
borrowers are willing to pay higher interest rates in
exchange for more flexible lending arrangements.
At
the same time private lenders enjoy the reward of higher
return for investing in private money loans, we make
sure that risk is minimized. We keep Loan-To-Value ratios
at a conservative 60-65% and all borrowers are subject
to a strict timeframe and set of implications in cases
of default:
| 15
days late |
Notice
sent to borrower of intent to foreclosure |
| 31
days late |
Notice
of default files with Recorder |
| 90
days from the notice of default filing |
Sale
date published in newspaper |
| 21
days from notice of intent to foreclose |
Sale
of home on court-house steps |
At
MBR, our investments are not a mortgage pool. An experienced
financial advisor and real estate broker evaluates each
investment and makes informed decisions that will ensure
the desired return. Each loan receives an appraisal
and second drive by appraisal done by MBR's choice of
appraisers. With the help of title companies issuing
the Policy of Title Insurance, we make sure the title
is clear and that all liens are paid and removed at
the close of escrow.
We also understand that control over your assets is
a priority. MBR works with title companies and loan
servicing partners to ensure you have CONTROL and INDIVIDUAL
OWNERSHIP of your investments. With your name on the
title, you are ensured your money is secure. Collection
is handled by experienced loan service professionals
and you receive your interest payments by check or direct
deposit monthly.
We invite you to take a look at our current lending
opportunities. Then give us a call. We're looking forward
to working with you to make the most of your money.
Loans arranged on California properties only
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