We do it all:
Fix and Flips
In the middle of construction
If you have a hard money loan to submit and want to get started right away, then click below and submit your information to us and we'll approve you asap. Or just call us at 702-214-4700 or 888-444-1774.
Yes, there is such a thing as a loan for an owner occupant, funded by a private investor.
To purchase a home to live in, you must have 20% down plus the closing costs. To figure out how much you qualify for, take the amount of money you have and divide it by .25
You should have either enough to fix the property up with your own money, OR you should have a lot of experience in rehabbing houses and you will need a property with a lot of equity. Hard money lenders will only lend up to 70% of the AFTER REPAIR VALUE of the home. Click Here for Details.
It's easy to submit your first loan today. There are two ways to participate: #1 have your broker sign up, and your broker will get paid the commission, and he will pay you from that, or #2 submit the loan and everything you have gathered, we will close the loan, and you can refinance the customer when it is time.
Did you know there was such a thing as an owner occupied private money loan? Higher priced mortgage loans and high cost mortgage loans are the technical names for these types of loans that we do every day.
Of course! Everyone does those.
YES. Absolutely 100%. In fact, we will lend 100% of the purchase price as long as it is not over 70% After Repair Value. Of course, if there are other issues, we will adjust the loan amount, but call us to find out! 702-214-4700
CAPELLA MORTGAGE CAN CLOSE OWNER OCCUPIED LOANS IN 6 STATES:
NEVADA - COLORADO
CALIFORNIA - ARIZONA
TEXAS - NEW MEXICO
WE CAN CLOSE NON-OWNER OCCUPIED PROPERTIES IN 35 STATES.
Nevada Lic# 456, CA DRE 02039246, New Mexico, Texas, Arizona MB-0942970 and MB-BR-0122789, Colorado
CAPELLA MORTGAGE CORP.
Capella Mortgage Corp, 3765 E. Sunset Road #B9 Las Vegas, NV 89120 NMLS #372157 Licensed in Nevada, California, Arizona, New Mexico, Texas, Colorado. Nevada Lic# 456, CA CFL 60DBO-112533, New Mexico, Texas, Arizona MB-0942970
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Capella Mortgage Corp.