DIRECT PRIVATE LENDER - Questions about broker partnership?
Get in touch with our team at (949) 229 6155 or brokersupport@EBSC-LLC.com
Opening
Hours.
Mon - Fri: 9am - 5pm
​​Saturday: 10am - 2pm​​​
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​Contact.
18575 Jamboree Rd, Irvine, CA 92612.
(949) 229 5155.
info@EBSC-LLC.com
Hard
Money.
A hard money loan also known as an asset based loan is traditionally used to finance the acquisition of a property, as well as improvements or renovations for real estate investors or as a short term financing solution for borrowers who can not qualify with a conventional bank.
Standard Loan Terms
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Use: Purchase, refinance, cash-out, construction, renovation.
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Max Loan Amount: $10,000,000 - $100,000,000
Max LTV (Loan to Value): 90%
Rate: Starting at 8.5%
Payments: Monthly Principal and Interest payments.
Term of loan: 30 Year and ARM (5/1 and 7/1)
Standard Closing Costs
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Origination Fee: 3-5%
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Underwriting Fee: $1,500
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Legal: $750 – $1,500
Appraisal Fee: $500-$950
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Title Insurance and recording fees: 1%
(Approximate)
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Standard Closing
Time.​​​
10 - 20 days.
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EBSC Lending is a direct lender and does not rely on other institutions to close the loans. Once the title work and appraisal are ready, We will be too!