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All Forum Posts by: Sacha Ferrandi

Sacha Ferrandi has started 16 posts and replied 29 times.

Post: Leads for Lenders

Sacha FerrandiPosted
  • Lender
  • San Diego, CA
  • Posts 38
  • Votes 11

I agree with Charlie.  Do not buy leads as you just don't know the validity of them.

Post: Hard Money Loan Process

Sacha FerrandiPosted
  • Lender
  • San Diego, CA
  • Posts 38
  • Votes 11

The loan process for most traditional (bank) and  typically include Pre-Qualification, Loan Application, Processing, Underwriting, Approval and Closing.The process for most hard money lenders is much faster compared to a bank or other lending institution because the focus is mainly on the real estate securing the loan rather than the borrower. Source Capital is a direct, licensed lender that utilizes private capital, which allows for a simple, quick loan process. We are able to provide loan approvals typically within 24 hours and funding within a few days.

Source Capital is a direct, premier, , California, Oregon and Minnesota with the Better Business Bureau’s highest rating of “A+” since 2007. We provide hard money loans at low rates and fees to our clients to satisfy their residential or commercial lending needs.

We are a reliable, and have a proven track record of underwriting over $1.4B in private loans enabling us to solve whatever issues you may have. Please call us at 888.334.6636 or visit our  to get started now.   

Post: What are Hard Money Loans?

Sacha FerrandiPosted
  • Lender
  • San Diego, CA
  • Posts 38
  • Votes 11

Private money or hard money loans are loans secured by real estate that are often funded by private parties and are typically offered at higher interest rates than those offered by an FDIC-insured bank. A traditional bank or financial institution almost always has more invasive and time-consuming guidelines than hard money underwriting guidelines. While banks focus on the borrower's credit, financial stability, employment, etc., most, if not all hard money lenders are focused on the equity in the asset (real estate) that secures the loan.

Borrowers ask for hard money loans when they are unable to get traditional financing or do not have the luxury of time. This inability to get loans from banks and other financial institutions can be caused by a number of factors including poor credit, foreclosure, bankruptcy, short sale, self-employment, and foreign nationality.

Source Capital Funding is a direct,  that is able to be creative and think “outside the box” in order to get loans funded. We can offer loans to all types of borrowers and lend on many different types of real estate. Most importantly,Source Capital believes in offering loans with affordable interest rates to its clients while allowing them to pay back those loans at any time without penalty.

Source Capital is a proud member of Better Business Bureau member since 2007 and has earned the prestigious “A+ Rating” for its sound business practices. Contact us now for direct hard money loans or please call us at 888.334.6636.

Post: Minnesota Hard Money Loans

Sacha FerrandiPosted
  • Lender
  • San Diego, CA
  • Posts 38
  • Votes 11

We do lend repair money but only if the property is already owned. In short, we do not lend off "ARV" and lend purchase+rehab on the acquisition.

Post: Minnesota Hard Money Loans

Sacha FerrandiPosted
  • Lender
  • San Diego, CA
  • Posts 38
  • Votes 11

We offer subprime and hard money loans in Minnesota including the twin cities of Minneapolis, and also from St. Paul to Rochester, Duluth, Brooklyn Park, Bloomington, Plymouth and St. Cloud, to name a few. Whatever we’re working on with them, Source Capital clients know our business ethics, and our customer testimonials prove that we are the trusted source for capital in Minnesota.

Our simple and secure loan process can get you pre-approved within 24 hours. Even if you have poor credit, foreclosure or a past bankruptcy, we can help. As a direct subprime lender, our track record of funding transactions is solid with over $1.4B in loans funded. Contact us at 888.334.6636 for a free consultation or visit our website to learn more about us in our capacity as Minnesota subprime lenders.

Please contact us at 888.334.6636 or Click here for your next Minnesota hard money loan.

Post: Oregon Subprime Lenders

Sacha FerrandiPosted
  • Lender
  • San Diego, CA
  • Posts 38
  • Votes 11

Source Capital is the premier direct hard money lender in Oregon, with a track record of success, having funded $1.4B in commercial loans and residential loans. From the capital of Salem to Portland, Gresham, Eugene, Beaverton, Bend, Hillsboro, Corvallis, Medford and everywhere in between, we understand the Oregon real estate market. Whether you are in the counties of Multnomah, Clackamas, Washington, Lane or Marion, we can help.

At Source Capital, your information is kept confidential and private unlike many of the other larger mortgage companies nationwide. Our ultimate goal is to create lasting relationships with our clients so that we may continue providing excellent financial services to them for many years to come.

Please contact us at 888.334.6636 or Click here for your next Oregon hard money loan.

Post: Arizona Hard Money Loans

Sacha FerrandiPosted
  • Lender
  • San Diego, CA
  • Posts 38
  • Votes 11

We are a direct hard money lender in Arizona, and our track record of funding transactions throughout Arizona is solid. With over $1.4B in loans underwritten, we know what it takes to get loans funded. From the capital of Phoenix to Scottsdale, Mesa, Chandler, Glendale, Gilbert, Tempe, Peoria & everywhere in between, we understand the real estate market in Arizona.We have funded hard money loans from Flagstaff to the North and Yuma to the West to Tucson down South including all surrounding areas. Whether you are in Maricopa, Pima, Pinal or Coconino County, we can help you.

Source Capital uses a private, secured loan application process to provide 24 hour loan approvals and closings in as little as 5 days. Our speedy process allows fast turnaround time, less paperwork and lower costs to you. We don

Post: California Hard Money Loans

Sacha FerrandiPosted
  • Lender
  • San Diego, CA
  • Posts 38
  • Votes 11

Source Capital is a direct premier hard money lender in California that providescommercial and residential real estate subprime and hard money loans from the capital of Sacramento to San Diego, Los Angeles, San Francisco, San Jose, Anaheim, Fresno, Irvine and other surrounding areas. We have built a strong reputation throughout California, have received great testimonials from our clients, and are considered the best subprime lenders in California. 

Source Capital is a proud member of the Better Business Bureau (BBB) and has earned an A+ rating from them. Source Capital was founded in 2007 with the objective of providing private money loans to its clients with excellent customer service. We have an easy, streamlined online process that can help us close your loan fast. With over $1.4B funded, we know how to get loans done.

Please contact us at 888.334.6636 or Click here for your next California hard money loan.

Post: San Diego Hard Money Lender

Sacha FerrandiPosted
  • Lender
  • San Diego, CA
  • Posts 38
  • Votes 11

Since 2006, Source Capital has helped hundreds of borrowers, real estate professionals and mortgage brokers to secure the financing they need. As a direct hard money lender, our track record of funding transactions throughout California is solid and with over $1.4B in loans underwritten, we know what it takes to get loans funded.

We have funded loans in and around greater San Francisco, Los Angeles, San Jose, Fresno, Oakland, Bakersfield, Long Beach, Anaheim and Riverside. Give us a call, email or chat with us and a decision maker will be happy to discuss your loan scenario.

Source Capital Funding

11440 West Bernardo Court Suite 272 San Diego, CA 92127
Toll Free: 888.334.6636