Qualify for an Equity Loan from Logan Investments
| One of the most advantageous benefits of a hard-money loan from Logan Investments is that we are the sole decision makers when it comes to determining whether to lend or not. There aren't any banks or millionare CEO's deciding to withhold funds because of some arbitrary regulation. We realize that different situations require a unique lending solution. We specialize in helping borrowers where others won't.
Logan Investments makes hard-money lending easy. We're ready to unlock your lending problems and open opportunities to complete your goals. Whether you need money to finish a contruction project or you're looking to build an apartment building we have the expertise to get you on your way. The following tables list out qualifications for an equity loan from Logan Investments.
For a complete explanation of qualifications or answers to your hard-money loan questions please contact us today at 1-800-757-3070. We'll review the details of your situation and make a lending recommendation aimed at providing you the most effective means for accomplishing your objectives. |
We make hard-money loans easy!
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Hard-money Equity Programs - Loans Up to 60% LTV
| TYPE OF PROPERTY |
1 Year Loan |
2 Year Loan |
3 Year Loan |
30 YR/ Due In 5 |
30 YR/ Due In 7 |
30 YR/ Due In 16 |
|
SFR & Condos (1-4 units non-owner) First Trust Deed or Second Trust Deed
Third Trust Deed (add 1% to rate & 1-2 to fee) |
Minimum term 30 years due in 5
Call us for our HELOC programs! |
11% - 15% 4 – 8 Pts 60% LTV |
SFR & Condos (1-4 units owner occupied) First Trust Deed or Second Trust Deed |
Minimum term 30 years due in 16
“Don't stretch yourself too much with a mortgage. Buy Within your means. It's not worth the sleepless nights.” |
11% - 13% 4 - 6 Pts 60% LTV
|
Construction (1-4 units non-owner) First Trust Deed or Second Trust Deed |
Minimum term 30 years due in 5
“Second mortgages help you tap into your home’s value” |
13% - 15% 4 – 8 Pts 60% LTV on future value
|
Construction (1-4 units non-owner) First Trust Deed or Second Trust Deed |
Minimum term 30 years due in 16
“Owning a home is a keystone of wealth, both Financial Affluence and emotional security”
|
11% - 13% 4 Pts 60% LTV on future value
|
|
Apartments (Multi family 5+ units) First Trust Deed
Second Trust Deed (add 1% to rate & term) |
10% - 15% 4 – 6 Pts 60% LTV |
|
Commercial First Trust Deed
Second Trust Deed (add 1% to rate & term) |
10% - 15% 4 – 6 Pts 60% LTV |
|
Churches First Trust Deed
Second Trust Deed (add 1% to rate & term) |
15% 7 Pts 60% LTV |
16% 8 Pts 60% LTV |
17% 9 Pts 60% LTV |
“Time is our most precious asset, We should invest it wisely.” |
|
Single Purpose, Mixed Use First Trust Deed
Second Trust Deed (add 1% to rate & term) |
10% - 15% 4 – 6 Pts 60% LTV |
|
Land – SFR Residential Lots First Trust Deed
Second Trust Deed (add 1% to rate & term) |
14% - 15% 5 – 6 Pts 35% - 50% LTV |
14.5% 8 Pts 40% - 50% LTV |
15% 8 Pts 40% - 50% LTV |
15.5% 8 Pts 40% - 50% LTV |
16% 8 Pts 40% - 50% LTV |
Land – RAW First Trust Deed only |
14% 6 - 8 Pts Max 40% LTV |
14.5% 6 - 8 Pts Max 40% LTV |
15% - 16% 7 - 9 Pts Max 40% LTV |
17% 7 – 9 Pts Max 40% LTV |
18% 7 – 9 Pts Max 40% LTV |
19% 7 – 9 Pts Max 40% LTV |
HELOC Rate Sheet from Logan Investments
|
CREDIT LINE AMOUNT |
650 or Higher |
550-649 |
500-549 |
499 or Less |
|
$40,000-$59,000 |
13.99% Cost $5,000 |
14.50% + 8.5 Points |
14.99% + 9 Points |
16.99% + 10 Points |
|
$60,000- $200,000 |
13.99% Cost 8 Points |
14.50% + 8.5 Points |
14.99% + 9 Points |
16.99 + 10 Points |
- Up to 60% LTV
- Loan Amounts $40K—$200K
- Brokers May Make up to 5% of loan amount
- $ 1,995.00 closing cost excludes title, escrow, etc.
- 72 Months I/O
- 70% Max of loan amount drawn to borrower at closing
- Locked after 3yrs.
- California properties only
Loans made or arranged pursuant to a California Finance Lender’s License. Provided to mortgage professionals for information only and not intended or authorized for consumer or public distribution.
Contact us Today! Logan Investments 12725 Ventura Blvd, Suite B Studio City, California 91604 Phone:818-755-0880 Fax:
We work to get you the best loan possible. Our qualification process is simple and fast! |