Thank you for visiting Lantzman Lending, your go-to money that is hard for Ca & Nevada! Real-estate investors require a seasoned partner for quick and capital that is reliable. Lantzman Lending prides itself in having the ability to offer financing up to a variety that is wide of estate investors by creatively tailoring loan programs to your preferences. Being a lender that is direct we possess the flexibility to allow for many situations aided by the intent of ensuring the success of the debtor. Personal loan prices beginning at 8% so that as small as 3 turn around time day. When time is associated with essence to lock a deal down, give us a call and we’ll have to operate on your loan.
Why Lantzman Lending?
Marc Lantzman may be the CEO of Lantzman Lending. He’s been earnestly engaged in real-estate purchases, personal home loan lending and property development since 1980. Marc is rolling out jobs in Ca, Nevada, Washington, Oregon and Arizona, including apartment buildings, shopping malls, engine house areas, in-fill housing jobs and solitary domestic sub- divisions. He went to Kent State University, majoring in company and training.
Justin Lantzman is President of Lantzman Lending. He’s been involved with owning a home and administration since 2001 and contains been an authorized real-estate broker aided by the Ca Department of property since January 2006. Justin has specialized experience with home loan investment investor and management relations, loan underwriting and processing, home valuation, loan document preparation, and conformity. He went to the University of Colorado at Boulder just before moving to your University of Ca at San Diego, where he received their B.A.
Joel Armstrong Vice President of Lantzman Lending. He’s been tangled up in property finance, brokerage, investment and development since 2001. He received his B.A. In Business Adminstration through the University of north park. He has got a strong knowledge of the finance that is private, a solid system of borrowers and an ethical way of the financing industry. As well as Ca, Joel can be certified as a home loan Agent when you look at the continuing State of Nevada. NMLS ID 383660
I have already been within the Fix and Flip company now for fifteen years. Lantzman Lending was undoubtedly the lender that is best to work well with. They constantly are available and do just as they vow
Robert L. – Investor
We utilized Lantzman Lending for the construction loan year that is last. The approval that is quick and timely releases of construction draws kept my task on routine. Many Many Thanks Lantzman Lending!
Fabio R. – Homebuilder
They are an investors dream come true. We completed a software, received an estimate within a day and the rest was handled by them. The entire process ended up being fast and efficient. I will undoubtedly use them once more!
Michael B. – Developer
I have already been working together with Lantzman Lending for many years now! You’re feeling like an element of the group whenever using the corporation. You understand everyone else you’re dealing with as well as constantly make one feel appreciated and comfortable as a Borrower.
Alex H. – Investor
A Very Broker friendly Lender with competitive rates and unparalleled Integrity. This option would be the very best!
Dennis S. – Loan Officer
We refer all my Investors to Lantzman. They make my work as a realtor much easier knowing that the cash will often be here at closing. Many thanks!
Melissa R. – Realtor
No. Personal investors / difficult money lenders simply would like a return that is good their investment however they will protect by themselves from losing the investment using the equity within the home. This will be a standard myth, personal investors / hard cash loan providers simply want the re re re payments made on time if the debtor is having trouble they’ll guarantee it will never be a long haul issue.
Yes, we’re a lender that is direct which just implies that the cash we fund our loans with is our personal and it is easily obtainable. Some loan providers need certainly to raise cash to finance their loans or need certainly to head out and find a direct loan provider to fund their loans simply because they don’t have the funds to finance the loans on their own.
This might be reliant from investor to investor but typically you are going to only have to offer documentation that is minimum receive the loan. Almost all our borrowers are merely needed to fill down our one page application and offer a recently available credit file.
Yes we do! It’s most readily useful to submit that loan application that you have a pre-approval letter in hand before you go to the auction to make sure your thought process for determining property value is in line with Lantzman Lending’s and. Deals such as for instance REDC, Auction.com, and Williams & Williams shouldn’t be confused with the trustee purchase. Every auction business is just a little various, and you may have to uncover what each specific auction company calls for. Needs and procedures, including deposits, working together with Brokers/Realtors, and percentage at closing, can alter from auction to auction as well as in the exact same business. Constantly see the site or auction catalog before going to. Many deals will need a deposit in the shape of a cashier’s check ($2,500-$5,000) to bid. If you should be the winning bidder, you’ll be necessary to set up money as much as 5% of this price. Once again, this can differ per auction and certainly will differ with respect to the true wide range of properties you buy. You’re going to be in charge of the deposit to bid at auction and also the advance payment at the auction. Once you’ve bought, typically you shall have 1 month to shut the deal. Lantzman Lending is able to do even more quickly than required in this scenario.
Lantzman Lending does fund trustee purchase acquisitions by means of refinance. Lantzman Lending doesn’t provide investors cash to buy during the trustee purchase. Rather, once an investor may be the bidder that is winning a property in the trustee purchase, the investor should submit that loan application instantly. This permits us to start escrow then when the trustee’s deed is acquired by the investor, financing takes place in just a business that is few.
Simply Click on apply and fill in the mandatory information. You shall get a reply in 24 hours or less from submittal or call us right to discuss your scenario.
Our average closing is 5 to 7 business times. Nonetheless, we can close in as little as 3 days if we have all the documentation. Each deal is managed for a full instance by situation scenario. If you have a requirement that is special we might have the ability to accommodate you.
When you have a credit that is low, Lantzman Lending may nevertheless fund your payday loans Mississippi loan. Our main capital requirements is founded on the equity into the estate that is real.
Just like credit rating problems, your foreclosure record alone will maybe not determine the job approval. The top explanation folks are rejected is not enough equity into the estate that is real.
Difficult cash (also referred to as a rehab loan or bridge loan) could be the term employed for loans funded by personal events who desire a secure and return that is high. Lantzman Lending is home financing loan originator whom arranges loans for private investors. We work straight with home investors that are buying make use of these funds to acquire properties because of the intent to repair and offer them for a profit or stabilize and refinance with traditional funding. Real-estate investors utilize difficult cash if they are struggling to or don’t have time for you to obtain funding from more sources that are conventional. There are numerous kinds of difficult money loans. Lantzman Lending focuses on first trust deeds to investors who buy domestic and commercial home.
We shall mainly review the security to your loan. The potency of the offer may be the determining that is main in the mortgage underwriting. But, we additionally review your capability to settle, credit-to-debt ratio, money reserves, along with your experience degree.
We offer difficult cash loans in Ca, Texas and Nevada. Loans arranged or made outside of Ca must certanly be represented by a home loan Broker qualified to accomplish company for the reason that State.
Lantzman Lending may move a number of the repair and loan expenses to the loan in the event that LTV continues to be under 65%. Its our objective which will make both the personal loan provider and debtor successful in most transaction. Our standing of accomplishing this objective has permitted to constantly develop, even yet in tough areas.