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Private Line of Credit

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Manage Cash Flow with a Secured Line of Credit

You never know when unexpected expenses, or opportunities, will come your way. Be prepared with a Stonecrest Line of Credit.

What is a line of credit?

A line of credit is a flexible loan, made to an individual or business, secured by real estate you own.  It is similar to a credit card, because you don’t borrow a set amount up front. Instead, you have pre-approved access to a predetermined amount of funds that you can use when and how you wish. You access the funds as you need them, repay immediately or over a pre-specified period of time, and only pay interest on what you use.

Why a private “hard money” line of credit?

  • Great for cash flow: balance ups & downs in income and expenses
  • Lower effective rate – pay only on the principal you use
  • Get the money that you need when you need it
  • Take advantage of investment opportunities now
  • Ready source of funds for ongoing projects
  • Click here to compare interest rates on a line of credit vs. a standard loan
  • Save a 1031 exchange or help structure a 1031 reverse exchange
  • Bridge vacancy factors or dept serving ration challenges to a stabilization point

Stonecrest line of credit guidelines:

  • Non-owner occupied (residential, commercial, & mixed-use.)
  • Owner occupied OK for business use only.
  • Interest rates based on current market conditions, 12 to 60 Month Term.
  • Up to 65 percent Loan to Value.
  • First and second trust deeds.
  • Loan amounts from $100,000 to $5 million.
  • Cross collateral of different property types is fine.
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Comments

  1. Rodmon Jackson, MBA says

    September 1, 2022 at 8:54 PM

    I would like more information regarding hard money lines of credit and cash out refinance products for myself and our book of business.

    Reply

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Stonecrest Financial
4300 Stevens Creek Blvd., Suite 275
San Jose, CA 95129
Office: 408-557-0700
Toll free: 800-557-7720
Fax: 408-557-9757

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To learn more, call today at (800) 557-7720 and talk to a Stonecrest Financial representative, or send us an email.

This material is not from HUD or FHA and has not been approved by HUD or any government agency.

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