Mortgage Vintage, Inc. maintains a simple business model and employs a common sense underwriting approach on each transaction. We lend based on collateral and ability to pay. Our simple philosophy is, “We will lend if you would lend”.
Click here for the Real Estate Hard Money Loan Program Summary
Below is a list of our hard money loan programs. Click the blue link for additional information on each respective program.
Fix and Flip Loan Program: The Mortgage Vintage Fix and Flip loan program is designed for active rehabbers with a track record of acquiring distressed properties, fixing them and selling them profitably within 12 months. Real Estate Investors doing Fix and Flips appreciate a fast and professional team member.
Fix and Rent Loan Program: The Fix and Rent Loan Program is either for purchase or refinance where the borrower plans to rehab the property and then rent to a tenant. This Fix and Rent Hard Money Loan Program provides Real Estate Investors with capital to purchase or refinance for rehab and rental of a single family, multi-family or commercial property.
Business Purpose Cash-Out Loan Program: This loan provides 6 months to 5-year loan terms for cash-out loans for a business or investment purpose. These cash-out loans are secured by residential and/or commercial real estate. Excellent for self-employed and owner occupied borrowers, the Business Purpose Cash-Out allows owners to pull out cash if the loan is for a business purpose.
Residential Bridge Loan Program: Residential Hard Money Bridge loans are used to acquire a new specific property while a homeowner is waiting for his or her current home to sell, or, to finance the ground-up construction of a new home. These two scenarios in more detail:
1. Residential Purchase Bridge Loan – The residential bridge loan is for a period of less than 12 months and allows a homeowner to buy a new “owner occupied” home before he or she has sold their existing home. This bridge loan is a new 1st mortgage against the borrower’s existing home and is an ideal solution when conventional loans are not available due to timing, credit or construction status.
2. Residential Construction Bridge Loans – A homeowner needs financing to fund a ground-up construction for what will be their new “owner occupied” home. Like the residential purchase bridge loan, this construction bridge loan is less than 12 months in duration.
Multi-Family Loan Program: Our popular Multi-Family Loan Program provides a good hard money alternative for Real Estate Investors looking to capitalize on the growth in Multi-Family. This loan program provides a 1 to 5-year term for purchase or refinance loans on Multi-Family properties.
Cannabis Business Purpose Loan Program: This loan offers 1 to 5-year terms on purchase or cash out loans for cannabis related businesses. Our Cannabis Business Purpose Loans can be made using residential or commercial properties as collateral. 1st or 2nd trust deeds available for this loan program.
Commercial Hard Money Loan Program: Our Commercial Hard Money Loan Program provides for a 1 to 5-year loan term on retail, industrial, office and other small commercial properties. Savvy Real Estate Investors use leverage and deploy this program for use in acquiring distressed or income producing commercial property.
Foreign National Loan Program: This program allows foreign investors to purchase or refinance California real estate quickly with a minimum of documentation.