Whether it is farm land or ranch land, commercial property or a single 1- to 4-family residence, SRS Lending can help you find out if a private loan is the way to go on your next investment.

What is Private Lending?

Private money lending (asset-based loan financing) serves as an alternative to traditional loans issued by big banks or credit unions. Generally, these loans are borrowed from a private investor to finance real estate deals that either won’t qualify for a traditional loan or require the hard money more quickly than the usual 30 days a conventional mortgage loan requires. Interest rates tend to be higher because of the higher risk and shorter term of the loans.

When Is Private Money Lending Necessary?

• When financing falls through and you are at risk of losing your earnest money

• When a cash closing is more likely to secure closing a deal

• When you have the income, however, big banks or credit unions are not confident in the income, e.g., cryptocurrency.

SRS Lending’s goal is to be your partner, to assist navigating the process to reach your investment goals. The first step in our loan process is a quick application. Next, you’ll forward us the contract on the property, as well as any documents detailing the property and its value. We will then request the title information, and finally, close on the property.