My name is Greg Rule. I work for Quick Money Lending, Inc. a Direct/Wholesale lender that specializes in Hard Money. Our main niche are 1st, 2nd and 3rd TD's on CA Residential Property, Commercial, Construction and Units up to 75% CLTV with NO PREPAYMENT PENALTY.
Our goal, along with our investors, is to provide enough cash out to help improve your client's credit score. Once thier scores are back up, you will have the ability to refinance them back into a conventional 1st mortgage.
I am very excited about offering this type of financing to borrower's who are facing difficulties with thier current mortgage. As you are aware, many borrower's are facing foreclosure and have no way out.
If you have any client's facing financial difficulties, with no lender in sight, please feel free to contact me.
•FICO Score Not Required •No Income Documentation •Owner Or Non-Owner
•Foreclosure OK •Bankruptcy OK •SFR, Units, Commercial
•All Programs Stated Income •Up To 75% LTV, CLTV •Interest-Only Payments
**HELOC-EQUITY LINE OF CREDIT**
GOLD PROGRAM
Loan To Value: 75% Max
Interest Rate: 10.75%
Income Documentation: None(Proof of Ability to Repay Loan)
Loan Term: 6 Year w/Balloon
Mortgage Lates: 1x120, 2x40, 4x60, 12x30
Bankruptcy/Foreclosure: >12 Months
SILVER PROGRAM
Loan To Value: 70% Max
Interest Rate: 12.75%
Income Documentation: None(Proof of Ability to Repay Loan)
Loan Term: 6 year w/Balloon
Mortgage Lates: UNLIMITED
Bankruptcy/Foreclosure: <12 Months
**SUBMISSION INFORMATION**
Submission Documents: 1003, Credit Report, Appraisal, Purpose Letter, Mortgage Statements
Agent Submission: Company Name, Address, Phone No., Contact Person, License info & fee
**PROGRAM NOTES**
First, Second, Third – Loan Amounts >$100,000 on a case-by-case basis
(3rd position and NOO is Silver Program)
Fees, Charges, Costs: Escrow $500, Processing $750, Doc Prep $250, Admin.$400, loan fee
Rate & Change Dates: Start Rate changes on 13th payment by 3% and continues for remaining loan period
Lender’s Services: Escrow, Title, Doc Prep, Demands, Reinstatement, Assist Doc Signing
Again, feel free to contact me if you have questions or scenarios that need a home.
Thank You!
QUICK MONEY LENDING, INC.
6721 Katella Ave., Cypress, CA 90630
Contact Greg Rule
Office: (714) 763-4958
Fax: (714) 763-4913
E-mail:
Greg@QuickMoneyLending.com
**BROKERS CAN MAKE UP TO 10% COMMISSION**
**Hard Money HELOC'S** 
