Private Loans
Silverbacked Financial specializes in Arranging Private Money Loans. Our Loans Are Based Primarily On Equity And Not A Borrower’s Credit.
We arrange loans for the following purposes:
- Purchases
- Refinance and Cash-Out
- Fast-Cash, Short-Term and Bridge
- Investment Rehab (“Fix and Flip”)
- Equity Lines of Credit
We arrange loans for the following property types:
- Single-Family Homes
- Condos & Condo-Hotel
- Mixed-use
- Industrial/warehouse
- Multi-Family
- Office & Condo-Office
- Medical Condo Office
The majority of the loans we arrange are for non-owner occupied (rental and investment) properties. However, we will consider lending on owner-occupied properties as long as we follow state mortgage regulations. Please discuss these loans with a loan originator on a case by-case basis.
Loan Terms
- 12, 24 OR 36 MONTHS
- INTEREST ONLY
- 70% of MAXIMUM LTV
WE PRIDE OURSELVES ON OFFERING THE MOST COMPETITIVE PRIVATE MONEY INTEREST RATES AND SETTLEMENT CHARGES AVAILABLE WITH THE FASTEST CLOSE TIMES IN THE INDUSTRY.
Private Money Interest Rates do not fluctuate like institutional loans that are tied to common interest indices. The lender, the private investors, and we who fund the loans set the rates. The interest rates for 1st position mortgage notes are typically between 9.9% AND 13%.
Private Money Interest Rates do not fluctuate like institutional loans that are tied to common interest indices. The lender, the private investors, and we who fund the loans set the rates. The interest rates for 1st position mortgage notes are typically between 9.9% AND 13%.
Let’s Get Your Loan Approved
Send us your information below, you can expect a quick reply or phone call from one of our loan specialists.
For immediate assistance contact us at 305-899-2201.