ESSEX MORTGAGE BANK YOUR HARD MONEY LENDER

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CALIFORNIA'S # 1 HARD MONEY LENDER FOR RESIDENTIAL AND COMMERCIAL LOANS

NO Rules! Ourfundsonline.com does not underwrite loans for a secondary market. We make the rules and use our experience to make loans happen.Simply put we are the bank our vast group of investors have been working with us for the past 20 years (formally Cal-Pac Funding) and trust us to evaluate the equity position we are taking on.We are a equity based lender ,we care not about credit scores, previous foreclosure and/or bankruptcy with us all borrowers are the same depending on down payment or the equity position ( http://www.ourfundsonline.com ) we hold as collateral. * Residential * Construction * $250,000 – $2,500,000 * Lot Loans * NO FICO requirements * Small Commercial * LTV’s to 75% * Foreclosures * Stated Income * Interest only * Multiple Borrowers * No Prepay Penalties * Cross Collateral OK * Multifamily * Office * Retail * Self Storage * Special Uses * Payments Holdbacks * Medical * Mixed Use Borrower EQUITY is the primary criteria. We will look at loans on any type of real estate to any type of borrower just as long as there is equity there is a good chance you have yourself a loan !!!!!! We fund our loans in as little as 4 days with that being said we try and limit the amount of time we have available to just one state — We fund in California ( http://www.ourfundsonline.com ) only at the present time so that you get 100% of our time and energy so that your loan funds without any complications. What kind of interest rate can I expect from an equity loan? Most borrowers can typically expect an interest rate of 9% to 15% for their private money loans. Will my credit score affect my eligibility? No. This is one of the most important differences between us and banks or mortgage brokers. Your credit score does not affect your elifibility. What does Loan-to-Value (LTV) mean? Loan-to-Value is the relationship between the value and the loans against the property. What types of property are eligible for a private loan? Single Family Residence, Commercial, Multi-Family, Land, Mixed Use and other real estate properties are all eligible for a hard money loan. Do I have to pay closing costs? Yes, however the closing costs can be paid through the loan proceeds. How long does it take to close on an equity loan? Closing on a http://www.ourfundsonline.com hard money loan takes between 3 and 5 days after receiving a completed package. Does my property need to be appraised by your appraiser? No, but we will conduct an appraisal review on all appraisal reports submitted to us. Where do we lend? We currently lend in California only. How do I get started on a hard-money loan? To get started on an equity based hard money loan from our mortgage fund apply online http://www.ourfundsonline.com please contact Jeffrey Martino Young today toll free 1-877-870-2676 or 24 hour cell phone # 310-984-0496 or fill out the loan application on our website. We provides loans to builders and developers, investors, and owners of residential and commercial properties throughout the Western U.S. Our competitive advantage is our speed and agility in executing deals. While traditional banks and lending institutions can take several weeks, if not months, to bring a deal over the finish line, the founders of our company know that having the ability to fund quickly is imperative for real estate professionals to capitalize on fleeting opportunities. We also understand the needs of corporations, partnerships, trusts, and individuals who stand to profit beyond the cost of private capital and realize that in the end: private money isn’t cheap, but it’s cheaper than a partner. So call. For more information feel free to contact Jeffrey Martino Young at http://www.ourfundsonline.com 1585 Terrace Way Santa Rosa,Ca. 95404 or feel free to Contact Jeffrey Martino Young at either (310) 984-0496 or Toll free 1-877-870-2676 e- mail address Ourfundsonline@gmail.com Jeffrey Young has over 25 years experience in all facets of the Real Estate Industry so you can feel at ease knowing your loan is in the hands of a seasoned professional

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Thursday, April 1, 2010

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CALIFORNIA'S # 1 HARD MONEY LENDER FOR RESIDENTIAL AND COMMERCIAL LOANS