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Private Money Guidelines
1.
Private Money Loans
Available! Buy & Hold and Fix & Flip Lender of Arizona Properties Types: Fees: • 3-5% w/ $2,500 Min. Loan Origination Up to 30% LTV • 1% Lender Discount • 8.99 - 12% interest only • $475 Loan Processing & Docs Fee • Term: 2 Years Interest Guarantee: Up to 50% LTV • 6-12 Months Unless Otherwise Negotiated • 13% - 14% interest only • Term: 3-5 Years Accounting Servicing: • Locally Serviced, Includes Impounds 50% to 65% LTV • 15% - 16% interest only LTV Calculation: • Term: 2-3 Years • Purchases - % of Purchase Price 65% to 75% LTV • Refinance Within 1 Year of Purchase • 16% - 18% interest only % of Purchase Price + Replair/Upgrade Cost • Term: 2 Years • Refinance After 1 Year of Purchase Fix-n-Flip Program up to 75% LTV % of Appraised Value • 18% interest only • Term: 6 Months w/ Extensions • No Prepay or Interest Guarantee • Private Servicing, No Impounds Req’d A&A Funding Geoffrey Ball / Mortgage Loan Originator P: 602-494-8969 • C: 480-688-8686 • F: 602-494-8989 E: gball@aafundcorp.com 11811 N. Tatum Blvd. #1004 • Scottsdale, AZ 85028 Mortgage Broker #: 0911138
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