Setabay Private Hard Money Lender

Thursday, October 30, 2014

Understanding Trust Deed Investing

First, you probably have the question all investors have…what exactly is trust deed investing and how does it work? In simplest terms, a trust deed is a simple document recorded with the county that creates a secure lien on real estate property. That property then becomes collateral for lenders and the trust deed holder.
Basically, this is how they work: a borrower needs a loan for real estate. (This can be property they already own or property they are hoping to purchase.) The proper documentation is created for a Promissory Note which is an agreement that the borrower will repay the lender on an agreed upon amount. The trust deed itself is what makes the contract binding. Since the property is used as collateral for the loan, the trust deed investor (person who lends the money) can use the property as a form of repayment to get their money back.
Why Trust Deed Investing Is Used
Generally, trust deed investingcomes at a bit higher price than traditional bank loans. The interest rates are higher, making them more difficult to pay back. So why would anyone participate in trust deed investing then? The reasons are abundant, actually.
First, a bank loan can take quite a while to process. With trust deed investing, the loan is quick and the borrower can receive the money more quickly than dealing with all the messy paperwork. Another reason people prefer these types of loans is because they are generally more short-term than bank loans, with the length of most loans ranging anywhere from 1-5 years.
One of the bigger factors people take into consideration when investigating trust deed investing is because they do not necessarily have the credit to qualify for a bank loan. When a bank turns a person down because of bad credit, they often feel they have nowhere to turn. However, with these loans, it makes their dreams of purchasing real estate with a low credit rating very possible.
Banks also consider the worth of the property when deciding to lend to a borrower. While trust deed investors also consider the property, they do not weigh it as heavily. Thus, these types of loans are easier to obtain.

Broker Level 4 Funding LLC
Broker Level 4 Funding LLC
Dennis Dahlberg
Broker/RI/CEO/MLO
Tel:  (623) 582-4444 | Fax: (888) 279-6917
www.SetabayLoan.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ

Wednesday, October 29, 2014

Help Wanted Arizona Mortgage Loan Originator Loan Officer Open Position

PRIMARY OBJECTIVE:
Level 4 Funding LLC specializes in the Sub Prime and Private Money Lending Environment. 

You will:

  • Obtain and analyze customer financial and credit data.
  • Manage your personal loan pipeline.
  • Serve as the primary liaison with bowers and outside entities (realtors, title and escrow officers, etc.) and other company employees to facilitate a prompt and efficient loan closing
  • Negotiate terms and conditions of loan programs with borrowers.
  • Work with our Loan Processing Staff.
  • And you will make a lot of money.

What we provide for you:
Percentage  1.5% of each deal.
In house leads. We are number #1 on Google.

Employee Benefits:
Sorry no benefits, you just make a lot of money.
You will have an office, but you can work independently away from the office.

Required Skills and Qualifications:
Must be licensed as a Mortgage Loan Originator (MLO) in Arizona
Must be able to close the deal.
Prior Loan Origination Experience.

About Us:
Level 4 Funding is a Mortgage Broker Company with an array of in house investors and wholesale lenders.  We are in a niche market specializing in FHA/VA, Sub Prime, Conventional and Private Hard Money Loans.  

We use:
Point Central, Caylx.

Level 4 Funding LLC
23335 N 18th Drive Suite 120
Phoenix AZ 85027
www.Level4Funding.com
623-582-4444

Benefits of Trust Deed Investing

Advantages of Trust Deed Investing

The advantages of trust deed investing are plentiful. Here are just a few examples:

-The investment is back by physical property that is used as collateral (rather than just a promise from the bank, etc.)

-You are in a good equity position as you can receive up to 30% of the property value

-Payments are sent directly to you and are not handled by a middleman

-The return on your investment is great—much better than a bank even

-The property is protected by Hazard Insurance

-And, most importantly, YOU are in control of your investment. 

No one can tell you what you can or cannot do with it. The flexibility of trust deed investing is great for investors and thousands of people have experienced great success in using their money this way.

Dennis Dahlberg
Broker/RI/CEO/MLO
Tel:  (623) 582-4444 | Fax: (888) 279-6917
www.SetabayLoan.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378

Why Trust Deed Investing Is Used

Why Should you Invest  in Trust Deed Investing Is Used

Generally, trust deed investing comes at a bit higher price than traditional bank loans. The interest rates are higher, making them more difficult to pay back. So why would anyone participate in trust deed investing then? The reasons are abundant, actually.

First, a bank loan can take quite a while to process. With trust deed investing, the loan is quick and the borrower can receive the money more quickly than dealing with all the messy paperwork. Another reason people prefer these types of loans is because they are generally more short-term than bank loans, with the length of most loans ranging anywhere from 1-5 years.

One of the bigger factors people take into consideration when investigating trust deed investing is because they do not necessarily have the credit to qualify for a bank loan. When a bank turns a person down because of bad credit, they often feel they have nowhere to turn. However, with these loans, it makes their dreams of purchasing real estate with a low credit rating very possible.


Banks also consider the worth of the property when deciding to lend to a borrower. While trust deed investors also consider the property, they do not weigh it as heavily. Thus, these types of loans are easier to obtain. 

Dennis Dahlberg
Setabay Loan
23335 N 18th Drive Suite 120
Phoenix AZ 85027
623-582-4444
dennis@setabayloan.com
www.setabayloan.com

Tuesday, June 17, 2014

Phoenix Real Estate Is Booming Again. Get Ready. Good Times Are Ahead.

Get Ready for the New Real Estate Boom In Arizona.

Builders are starting to move dirt and that is the beginning of the next boom.

'This boom is going to be different,' according to Dennis Dahlberg, Level 4 Funding  Hard Money Lender . 'The last boom was fueled on greed of the consumer; this time it's going to be a supply problem. Over the past 6 years there was little construction or movement of dirt, leaving the Phoenix housing market starving for new homes. Additionally, home values are raising dramatically, and once the current home owners get above water (have equity) they are going to want to move up. We're going to have a trifecta or the perfect storm-no homes, pent-up demand, and record low interest rates. And if you throw a little inflation on top of the mix -- watch out! Bam! its going to be a wild ride -- a wild west ride!

Big Daddy Dennis 
Level 4 Funding LLC
23335 N 18th Drive
Phoenix Az 85383
Dennis@level4funding.com
Http://www.level4funding.com
Www.level4funding.com

Sunday, August 4, 2013

Why a Loan Service Center?


Through our loan services center, we can help you to take care of your loan. We start by making it easier than ever to take care of your loans because we provide constant real-time details and information for you and your investors. That’s a relief on your end. Everything is in one place. Our loan services help every customer keep track of their loans with more options that allow clients to make financial decisions based on what we can tell them when it matters the most.
loan servicing center can be a great help. We want to see you do well and have a healthy relationship with your loans. That’s why, if our clients want, we will definitely help with the initial planning stages and the closing activities of the commercial property loans.
We know as well as you do that you want everything to be right. In addition to what was mentioned above, a loan service center will also keep a focus on justifying contractual budgets, design, and scheduling risks as well as experience in the management, resolution and disposition of defaulted construction loans.
Our advanced loan service center helps to deliver great services to the commercial real estate finance industry. At most times, these are industries that are seen as confusing and daunting, but it doesn’t have to be because a loan service center can really help keep all your finances in check by giving you monthly reminders about payments and balance.
Our loan services center makes taking care of your loan easier than it has ever been because of the constant ever-updating details and information that you and your investors need. Our loan services help every customer keep track of their loans with more options that allow clients to make financial immediate decisions based on what we can tell them when it matters the most.
Loan Servicing Arizona

Understanding Loan Service Centers

Finances can be confusing and troubling, but loan service centers can help. A loan service center is a great way to begin a healthy relationship when it comes to borrowing money.
But it helps if you understand what a loan service center does. A loan service center is a third-party loan servicer that does happen to offer a full scope of commercial loan servicing dealing with commercial loan servicing.
loan service center may sound scary but the loan service is really here to help deliver the great services you want and need to weave your way through the commercial real estate finance industry. Finances, but especially loans, can often times be incredibly confusing and overwhelming, this can be most true to someone new to the climate of this business.
Our loan service center acts as your partner to guide and help you through it. We provide everything you need in order to understand your loan and collateral information from investors in a way that is easy for you to decipher.
Moreover, the loan service center can help you take the big steps without it being so scary for you. We actually can offer our clients the most effective and accurate ways to measure and manage loans and risk. This can be either project by project or singled out. We can also let you know about billing, taxes, interest and a myriad of other topics that have to do with your loan.
If you’re worried about your commercial loan, we can be there for the initial planning meetings before your project begins as well as participate in any closing activities with our client. In fact, our post-closing services has us monitoring budget, construction, title management and reporting on your loan so you always know exactly what is going on. We care about our client and we want to avoid defaulted loans.
Loan Servicing Arizona

Loan Service Center
Setabay
(877) 582-2151