We are a direct hard money lender that provides value financing solutions in a time-efficient manner for qualified borrowers. We’re in business to fund loans for borrowers who do not meet traditional underwriting guidelines and/or would like the benefits of a private money loan.
Our broker partners utilize Palm Desert Capital as their funding partner because of our quick and professional response. We can usually decide to do the deal with one phone call and have a commitment letter to you within 24 hours. PDC is a boutique hard money lender. There is no red tape or lengthy forms to fill in.
Below are a few types of borrowers that brokers bring to Palm Desert Capital to fund their hard money and private money loans:
If your borrower has a substantial down payment (or equity in the property), has the ability to pay the monthly mortgage and has a viable exit strategy…
Please keep us in mind when you run across any of the following loan scenarios:
- REO, Trustee and Short Sale real estate investor buyers
- Credit impaired borrowers – “Low FICO? No problem!”
- Real Estate Investors, LLC’s & business entities looking to acquire real estate.
If it makes sense, we can do it. Equity driven lending.
This allows are Brokers to look like a hero.
- Investor Looking to Acquire, Fix and Flip a Property
- Investor Looking to Acquire, Fix and Rent a Property
- Short Term Bridge Loan until a Conventional Refinance can occur
- Small Commercial Loans
- Residential Construction Completion
- Business Purpose Cash-out
- Multi-Family Purchase or Refinance
- Loan Required Without a Full Appraisal
Rest assured that your client stays your client. PDC only originates private money loans only and does not provide conventional loans.
The Mortgage Broker is to know that their Borrower will come back to that original Mortgage Broker for a conventional refinance.