Now You Can Become a Hard Money Lender.
CURRENT HOT DEAL THAT NEEDS FUNDING
Central Valley Project
Borrower paid $1,200,000 for the property plus $300,000 for developement
Loan amount: $220,000 LTV.06%
Terms 18% , 1 yr, 6 month prepaid interest
Immidiate closing
SEE LOAN SCENARIOS FOR OTHER FUNDING NEEDS
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 property owners with substantial equity seeking capital.
HIGHLIGHTS
- Either alone or as part of a group, you lend money secured by real property in Costa Rica
- We target properties with LTVs (loan to values ) of 10% -50%
- Legal work will be done an the experienced legal team to verify that the property conforms to strict lending policies.
THE PROCESS
- The Credit Committee of LendSecured.com will reviewvt he properties to make sure that the subject property conforms to the Lending Guidelines. You too, may inspect the properites.
- Key Elements of the Lending Guidelines are:
- Strong Equity Value
- At or before closing property will be free of all encumbrances
- Ability to retire the debt
- You will be personally notified that your funds will be needed
- The funding date will follow in approximately 1 to 2 weeks
- THE PROPERTY WILL BE PUT IN A TRUST ACCT WITH YOUR ATTORNEY AS THE TRUSTEE AND WITH YOU AS THE BENIFICIARY
RETURN ON INVESTMENT
- 1.00% to 1.667% to be paid monthly.
- Upon final payoff of the loan you will receive your principal plus any accrued interest.
