UIAL specializes in funding equity based private money loans secured by 1st Trust Deed. Equity based loan is a short term loan (12 months or less) that is used until a person or company secures permanent financing or removes an existing obligation. This type of financing allows the user to meet current obligations by providing immediate cash flow. On these types of loans, we lend money from in house sources as well as our network of private investors (third party provider). As a full service lending source, our team of professionals will provide the right financial solutions to tailor each loan and to suit our client's individual needs. It is our belief that a client should be a client for life and keeping you informed throughout the process is our top priority.

 

Typical loan candidates are buyers with a minimum of 30% down payment (Purchase) or property owners with a minimum of 35% equity (Refinance) in real property who can not secure institutional financing due to credit problems, property does not fit the guidelines, or timing requirements. We are equity lenders so we generally look for 30% or more in equity, 1st position loans covering one or more properties in well populated areas. Most often we can fund our loans in 14 days or less. 

  • Residential 1-4 units (Non Owner Occupied only)
  • Apartment/multi-family residence
  • Strip mall
  • Mixed-use
  • Office/Commercial
  • Rehab/Remodel 
  • New Construction (land has to be free and clear)
  • Up to $5,000,000
  • Interest Rates 9.99% to 11.99%

 

THE AMOUNT OF THE LOAN TO VALUE AND INTEREST RATE IS BASED ON THE PROPERTY TYPE, 

THE AMOUNT OR SIZE OF THE LOAN AND THE LOAN TERM 

  

The following financial considerations apply too all loan applications:

  • Borrower must have the ability to repay the loan.
  • Borrower must have some of their own financial investment in the property.
  • We do not lend in rural areas.
  • California​

As a private money lender, we are capable of handling transactions that other financial institutions can not. We offer simple qualification, and fast turn times with a high level of consistency. 

 

Disclaimer:                        

Information provided herein is not an advertisement for extension of credit to consumers. Programs, Rates, Terms and Conditions are subject to change without written notice. APR 11.99% to 13.99%, 1.5 to 2.5 Points Cost (pending on Loan Type), plus standard closing cost such as: Title Insurance, Escrow, Etc..., No Impounds for Taxes and Insurance (Borrower is responsible to pay directly), Interest Only Payment, 1 Year Term with option to renew, Balloon Payment due at the end of the Term (Principal plus Last Month's Interest).