Private money available in Phoenix area

[Nate T.]

I have a limited amount of private money available, for properties in the Phoenix metro area. The money is available for short term or long term loans (up to 10 years).

Here are the details on the terms:

• No loan fees
• No Balloon
• No pre-payment penalties (90 day minimum)
• 11.5% interest
• Non owner occupants only
• Secured by 1st lien on real property. Residential only. Phoenix metro area.
• 10 Year Amortization
• Purchase or refinance OK.
• 60% max LTV
• Borrower pays escrow fees and lender's title policy