Trustar Funding
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trustar funding
 
Residential Hard Money Loans
   
  Loan Application Documents Please Download:
   
 
Download to Residential Loan Application trustar funding Residential Loan
 Application
Download to Credit Report Authorization trustar funding Credit Report
 Authorization
 
 
   Our Lending Program
 
    Lending Guidelines
Serving The Tri-State Area; New York, New Jersey and Connecticut.   Serving The Tri-State Area; New York, New Jersey and Connecticut.
Quick Closing | Personalized Service | Specializing in hard-to-fund deals
 
  • We typically will fund a loan where the total of the purchase price plus the rehab or necessary improvements do not exceed 65% of the realistic, saleable ARV.  (After Repaired Value)
  • While we ask the borrower to provide 20% of the purchase price at closing, some loans may not require as much.
  • While we seek borrowers with a 640 credit score, some loans can be closed with a lower score.
  • We lend in solid, decent, stable neighborhoods. We do not lend in areas with high rates of crime or vandalism.
  • WE ARE DIRECT FUNDERS IN NEW YORK, NEW JERSEY AND CONNECTICUT.
  • We evaluate your deal in person. We travel all over the area. If we think it is a loan we can fund - we'll shake hands and close your loan quickly.
  • Our loans are for all or some of the following: purchase, rehab, and sale or refinance.
  • Our borrowers are formalized business entities (ie, LLC, Corp, Trust) and must include a personal guarantor.

Download to Residential Loan Application Program Sheet
Download to Residential Loan Application Guidelines Sheet
  • PURCHASE + REHAB UP TO 65% LTV. Note: Some loans may be closed at up to 70%, case-by-case basis.
  • NON OWNER OCCUPIED BUS. TO BUS. ONLY
  • BORROWER DN. PMT REQUIRED
  • 12%-15% INTEREST, INT. ONLY PMTS, + 3-4% POINTS (ON MOST LOANS)
  • 12-24 MONTH TERM . RENEWAL AVAILABLE.
  • FLEXIBLE CREDIT REQUIREMENT
  • 1ST POSITION ONLY
  • GUARANTOR MAY NOT OCCUPY (IF RESIDENTIAL)
  • BROKERS, REFERRALS, DIRECT BORROWERS WELCOME
  • BROKERS PROTECTED
  • CREATE A LOAN TO SUIT YOUR NEEDS
  • BUY, REHAB AND SELL WITH VERY LITTLE OF YOUR OWN $$$

HARD MONEY LOANS ON ALL TYPES OF REAL ESTATE, NATIONWIDE

 
Introducing Your Private Lenders.
   
brian stark