Realty Lending USA

PRIVATE MONEY LENDER

WHAT YOU NEED WHEN APPLYING

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You will need a signed purchase agreement on a property, and all your documents in place to start an application with South Wind Financial Private Money Branch. 

Also this is not a Traditional Loan so continue the process, to initiate the begining of the loan. 

When applying for a loan you will need to fill out some information. Our advice is to be honest and direct; this information is used in the screening process and loan application. If any questions are answered incorrectly a Team member may reach out to you in relation to your application. 

The goal is to Apply which starts the loan process in earnest.

  • Start – Create a username and password. Your legal identification and general information.
  • Loan Details – (Fill out what was discussed or desired), Terms, Interest, Purpose etc.
  • Borrower Information – Social Security Number, ITIN, Gross Income, Income Sources, and other information.
  • Assets and Liabilities – Bank Accounts, Retirement, and other Accounts you have. Other Assets you have, Liabilities and any other Real Estate.
  • Declarations – A list of general questions in relation to your finances and the property.

    To begin the process click here. 

LOAN PROGRAMS

FIX & FLIP

Fix and flip is a real estate investment strategy involving buying undervalued properties, renovating them to increase their value, and selling them for a profit. This approach requires careful planning and market knowledge, and while it can be lucrative, it also carries risks such as unexpected renovation costs, market fluctuations, and potential delays in selling the property.

NEW CONSTRUCTION

New construction in real estate refers to the process of building new structures or properties from the ground up, as opposed to renovating or modifying existing ones. This process typically involves purchasing land, designing the property, obtaining necessary permits, and constructing the building according to those plans. New construction can range from individual homes to entire subdivisions, apartment complexes, commercial buildings, or public infrastructures. This approach allows for modern designs and energy-efficient materials to be incorporated, potentially offering higher value and appeal in the real estate market. However, it also involves considerable investment, planning, and risk management, including dealing with construction delays, budget overruns, and navigating zoning laws and regulations.

CASH OUT FINANCE

Cash-out finance, or cash-out refinance, is a strategy where a property owner refinances their mortgage for more than they owe, receiving the difference in cash. This approach allows homeowners to access the equity built up in their property for various purposes, such as renovations or paying off debts. It involves getting a new, larger mortgage, using it to pay off the existing mortgage, and then receiving the excess amount in cash. While it can provide financial flexibility, it also increases the property’s debt and may come with higher costs, requiring careful consideration.

RENTAL PROPERTY LOANS

Rental property loans are specialized financing options aimed at investors looking to purchase or refinance properties for rental purposes. These loans typically have higher interest rates, larger down payment requirements, and stricter credit score criteria compared to primary residence mortgages, reflecting the greater risk they pose to lenders. Borrowers must often provide proof of income and may benefit from including potential rental income in their application. Various loan types are available for rental properties, each with unique qualifications and terms. This financing method enables investors to leverage their capital to acquire properties that generate rental income, though it also requires careful financial and property management.

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