ph: 506-2-654-5800


 

 

Now You Can Become a                      Hard Money Lender.                                 



"Today, Hard Money Lenders that did not    overextend themselves during the boom and still have capital to lend, are poised to cash in as the credit crunch spurs traditional lenders like banks to the sidelines"

                                          Wall Street Journal -July 16, 2008 

 

You Can Now Earn a Secured Fixed Income of

15% to 20% Annually, 1.25% to 1.667% Monthly!



For Individuals, Corporations

and Retirement Accounts. 

LendSecured.com is a Costa Rican corporation set up to bring together lenders  seeking high but secured returns and Developers with substantial     equity seeking capital.

HIGHLIGHTS

  1. Either alone or as part of a group, you lend money secured by real property in Costa Rica                                                                              
  2. We target properties with LTVs (loan to values ) of 10% -50%                             
  3. Legal work will be done by the experienced legal team of Ferris and Ferris in San Jose, Costa Rica to verify that the property conforms to strict lending policies.

THE PROCESS

  1. The Credit Committee of LendSecured.com  will reviewvthe properties to make sure that the subject property conforms to the Lending Guidelines.                          
  2. Key Elements of the Lending Guidelines are:
    1. Strong Equity Value                                                       
    2. At or before closing property will be free of all encumbrances
    3. Ability to retire the debt
  3. You will be personally notified that your funds will be needed                      
  4. The funding date will follow in approximately 1 to 2 weeks                          
  5. THE PROPERTY WILL BE PUT IN A TRUST ACCT WITH YOUR ATTORNEY AS THE TRUSTEE AND WITH YOU AS THE BENIFICIARY

RETURN ON INVESTMENT

  1. 1.25% to 1.667% to be paid monthly.                                                        
  2. Upon final payoff of the loan you will receive your principal plus any accrued interest.                                                                                               

IN CASE OF BORROWER DEFAULT

Our clients have substantial equity, therefore minimizing the risk of default. In such case, Costa Rica law  allows for immediate transfer of property, of which case it can be sold. Therein a borrower's default is unlikely. In the event of a default the following will occur:

  1. Since the property is held in a trust on behalf of you, the Lender, under Costa Rica real estate law the property may immidiately be taken over, usually with in 10 days after a default occurs.                                         
  2. Because of the low LTV going in, the property will be priced for a quick sale or auction                                                                                                
  3. Our goal is to avoid this type of situation, however, in the case of a default, we will sell the property and the net profits from any default sales will be split 75/25 between LendSecured.com and you, the Lender.                         

 


Program Highlights


LendSecured.com is a safe, secure way to earn high interest on your money.

  • You Lend to Qualified Projects and Qualified Developers                                 
  • You Choose the Project that is Right for You                         
  • Low, Low Loan To Value (LTVs under 50%)                    
  • Secured by Resort Properties in Costa Rica         
  • You Get Paid Each Month      
  • You Can Re-Invest once your Principal is Paid Back to You                                          
  • Free Legal Work by        Ferris & Ferris                          
  • Loans Fund in 2 Weeks          
  • You Earn a Fixed Income each Month for One Year         
  • Up to 20% Interest Paid directly to YOU!

Call Us Today!

506-2-654-5800

US 973-786-1101

Philcostarica@gmail.com

fernandokingmortgage@gmail.com

 

 

 

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ph: 506-2-654-5800