Why Do Borrowers Value Private (Hard) Money Loans?
Finding the right private (hard) moneylender for a borrower’s specific transaction can be challenging considering the various choices for lenders in the market.
$1,657,000 Purchase/Construction Loan
A repeat Fidelis client, real estate investor, and developer had an opportunity to purchase a vacant lot in an established residential neighborhood in Santa Cruz County, in Northern California. Our client has approved plans to build a 3,000+ sq. ft. spec home in the desirable Portola Valley...
How can We Enjoy Life and Live Longer?
We are told we need to exercise, eat healthy and get enough sleep to live longer and enjoy life. But there is one thing that is often understated about the importance of our health and living longer, and that is how happy we are in life.
$125,000 Purchase/Bridge Loan
A client was in escrow to purchase a residential investment property in the area of Mammoth Lakes, CA, for $192,000 and needed to bridge loan to close fast.
$1,185,000 Refinance/Permanent Loan
A repeat client needed to refinance his primary residence in La Jolla, CA, simply wanting to lower the interest rate on his existing mortgage.
$1,100,000 Refinance/ Perm Loan
After paying all cash for a luxury residential condo in La Jolla as a second home earlier in the year, the borrower wanted to refinance to pull cash-out for other investment opportunities.
Why is Vision so Important?
We all need a vision to give us purpose in all areas of life, such as our career, business, relationships, and health.
$335,000 Refinance/Const/Bridge Loan
A long-time client needed construction financing to add an ADU to two single-family investment properties in Fallbrook, CA, and needed a bridge lender to make it a smooth and seamless process. This is one of the two properties.
$345,000 Refinance/Const/Bridge Loan
A long-time client needed construction financing to add an ADU to two single-family investment properties in Fallbrook, CA, and needed a bridge lender to make it a smooth and seamless process. This is one of the two properties.
What Should We ask Ourselves Before Making any Investment?
The questions prospective investors typically ask are what is the initial cost, what is the return, how secure is the investment, and what is the timing? Those are great questions. However, equally important questions to ask ourselves are, what is the worst-case scenario, what is the...
$862,500 Purchase/Bridge Loan
An experienced real estate investor and repeat client needed a quick bridge loan to purchase a single-family residential investment property in Pacific Beach and had to close in 10 days.
$700,000 Purchase/Bridge Loan
A repeat client purchased a residential investment property all cash and subsequently needed to refinance cash-out loan to purchase another investment property. The borrower wanted a creative and flexible bridge lender to utilize the equity in his existing property to purchase another investment...
$875,000 Purchase/Bridge Loan
A repeat client, real estate investor, and entrepreneur wanted a purchase loan to acquire an office/warehouse industrial property as an owner-user. However, the borrower needed a creative and flexible lender to utilize equity in his other real estate to obtain a higher leveraged loan on the...
Do We Know When Our Attitude Makes a Difference and When It Doesn’t?
We want to think that having a great attitude in the situation will always solve the problem. However, that isn’t the case. To help us succeed in our professional and personal lives, It’s important for us to understand when our attitude will help us and when it won’t.
$270,000 Refinance/Const Loan
A client referred to Fidelis by a general contractor acting as an owner/builder needed a construction loan for a small single-family residential investment property in Julian, CA.
The Art of Retaining Your Client: A Mortgage Broker’s Ongoing Challenge – Part 2
Is there real value in a Brokerage Fee Agreement? In an ideal world, you should have clients with such loyalty that you don’t need a contract to collect a fee. However, in the real world, you need a fee agreement to perfect your interest in the brokerage relationship and get paid for the...
The Art of Retaining Your Client: A Mortgage Broker’s Ongoing Challenge – Part 1
Have you ever worked hard, spending hours arranging financing for a potential client, and come to find out it was all for naught because you did not execute a fee agreement, and the client went to another lender? I understand this is the nature of the business; however, there are ways to improve...
$480,000 Purchase/Bridge Loan
An existing client referred a borrower who wanted to quickly purchase an investment property as a rental to provide for a relative’s growing family needs.
$1,335,000 Purchase/Const./Bridge Loan
An experienced real estate investor and repeat client needed a loan to purchase a single-family residence (SFR) and the funds to increase the property’s value by building several ADU’s.
$2,100,000 Purchase/Bridge Loan
An experienced real estate investor and repeat client needed a bridge loan to purchase a 3-story, 21,168 sq.ft. office building within a six-building office park in Kearny Mesa. With the investor’s extensive network of prospective tenants, the office building is in lease-up transition and...