How does the system work?

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Use the lender request form to submit your application. Once approved, you will be an active private lender in our system.

As we put properties under contract, they are shared with our approved list of private lenders. The deal package includes a lot of information that will help you assess the property.

Once you commit to a deal, your interest is locked in and the deal is removed from available status for other private lenders. Title work begins and a closing date is set. Your details will be provided to the title company so legal documents can be drawn per lending agreement.

We will keep you informed regarding the expected closing date. At this point, the title company will provide you wiring instructions for the funds. Note, the funds never come to us, they are sent directly to the title company. The title company keeps the funds in escrow until all legal documents are completed and signed.

Once the deal closes, you'll receive all legal documents relating to the property. These include title insurance policy, promissory note for the loan, deed of trust with you in 1st lien position, property insurance policy with you as the additional insured.

Once the property closes and is funded, you will begin receiving your monthly payments based on the schedule from the promissory note. These payments will continue for 5 years (60 payments). At the end of the 5-year term, the loan is paid off fully.