Welcome to Lantzman Lending, your go-to hard cash lenders for Ca & Nevada! Real-estate investors require a professional partner for fast and capital that is reliable. Lantzman Lending prides itself in having the ability to offer financing to a broad selection of genuine property investors by creatively tailoring loan programs to your preferences. As being a lender that is direct we possess the freedom to allow for many situations with all the intent of ensuring the prosperity of the debtor. Personal loan prices beginning at 8% so when small as 3 time turnaround time. Whenever time is associated with essence to lock a deal down, give us a call and we’ll have to your workplace in your loan.
Why Lantzman Lending?
Marc Lantzman could be the CEO of Lantzman Lending. He’s been earnestly engaged in real-estate purchases, personal mortgage financing and property development since 1980. Marc is rolling out tasks in Ca, Nevada, Washington, Oregon and Arizona, including apartment buildings, shopping malls, engine house areas, in-fill housing tasks and solitary domestic sub- divisions. He attended Kent State University, majoring in education and business.
Justin Lantzman is President of Lantzman Lending. He’s been involved with owning a home and administration since 2001 and it has been an authorized estate that is real using the Ca Department of property since January 2006. Justin has specialized experience in home loan investment administration and investor relations, loan underwriting and processing, home valuation, loan document preparation, and compliance. He went to the University of Colorado at Boulder ahead of transferring towards the University of Ca at north park, where he received their B.A.
Joel Armstrong Vice President of Lantzman Lending. He’s got been taking part in property finance, brokerage, development and investment since 2001. He received their B.A. In company Adminstration through the University of north park. He’s got a firm knowledge of the finance that is private, a powerful community of borrowers and an ethical method of the financing industry. Along with Ca, Joel can also be certified as a Mortgage Agent within the State of Nevada. NMLS ID 383660
I have already been into the Fix and Flip company now for 15 years. Lantzman Lending happens to be undoubtedly the best loan provider to do business with. They constantly are available and do just as they vow
Robert L. – Investor
We used Lantzman Lending for the construction loan a year ago. The approval that is quick and timely releases of construction draws kept my project on routine. Many Thanks Lantzman Lending!
Fabio R. – Homebuilder
They’re an investors dream come true. I completed a software, received a estimate in 24 hours or less and the rest was handled by them. The entire procedure ended up being fast and efficient. I shall positively make use of them once again!
Michael B. – Developer
I have already been working together with Lantzman Lending for a long time now! You’re feeling like an element of the united group whenever using the corporation. You understand everybody you might be working together with as well as constantly make one feel comfortable and valued as being a Borrower.
Alex H. – Investor
A Broker that is very friendly with competitive prices and unparalleled Integrity. This business would be the very best!
Dennis S. – Loan Officer
I refer all my Investors to Lantzman. They make my task as an agent much simpler knowing that the income will be there at always closing. Many thanks!
Melissa R. – Realtor
No. Personal investors / difficult cash lenders merely want a return that is good their investment however they will protect on their own from losing the investment using the equity within the home. This can be a standard myth, personal investors / hard cash loan providers simply want the re re payments made on time if the debtor is having trouble they are going to guarantee it will never be a longterm issue.
Yes, we have been a direct loan provider, which just ensures that the cash we fund our loans with is our personal and it is easily available. Some loan providers need certainly to raise cash to finance their loans or need certainly to venture out and locate a lender that is direct fund their loans simply because they don’t have the funds to invest in the loans on their own.
It is reliant from investor to investor but typically you can expect to just need to provide documentation that is minimum have the loan. Almost all our borrowers are just necessary to fill our one page application out and provide a current credit history.
Yes we do! It’s most 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 example REDC, Auction.com, and Williams & Williams shouldn’t be mistaken for the trustee sale. Every auction company is just a little various, and you may need certainly to discover what each auction that is individual calls for. Needs and procedures, including deposits, dealing with Brokers/Realtors, and percentage at closing, can alter from auction to auction as well as in the exact same business. Constantly browse the internet site or auction catalog before going to. Many deals will need a deposit by means of a cashier’s check ($2,500-$5,000) to bid. If you should be the winning bidder, you’ll be expected to set up cash as much as 5% of this price. Again, this may differ per auction and can vary with regards to the quantity of properties you get. You’ll be accountable for the deposit to bid at auction additionally the deposit at the auction. Once you’ve bought, typically you shall have 1 month to shut the deal. Lantzman Lending can do considerably faster than needed in this situation.
Lantzman Lending does investment trustee sale acquisitions by means of refinance. Lantzman Lending does not offer investors cash to acquire at the trustee purchase. Rather, once an investor could be the bidder that is winning a home in the trustee sale, the investor should submit that loan application instantly. This permits us to open up escrow then when the trustee’s deed is acquired because of the investor, capital takes place in just several company times.
Simply Simply Click on apply and fill in the mandatory information. You will get a reply within a day from submittal or call us right to talk about your situation.
Our average closing is 5 to 7 business times. But, whenever we have got all the paperwork we can close in as little as 3 times. Each deal is managed on instance by instance situation. If you have a requirement that is special we possibly may manage to accommodate you.
When you have a low credit history, Lantzman Lending may nevertheless fund your loan. Our main money criteria is dependant on the equity when you badcreditloanshelp.net/payday-loans-ia/ look at the real-estate.
Just like credit rating dilemmas, your property property foreclosure record alone will likely not dictate the job approval. The top explanation folks are denied is not enough equity when you look at the real-estate.
Difficult cash (also called a rehab loan or connection loan) could be the term employed for loans funded by personal events who would like a safe and high return. Lantzman Lending is home financing loan originator whom arranges loans for personal investors. We work straight with home purchasing investors whom make use of these funds to shop for properties because of the intent to repair and sell them for an income or stabilize and refinance with traditional financing. Property investors use difficult cash if they are struggling to or don’t have time and energy to get funding from more sources that are conventional. There are lots of kinds of difficult cash loans. Lantzman Lending focuses on very first trust deeds to investors who buy residential and commercial home.
We will mainly review the security into the loan. The effectiveness of the offer may be the primary determining element in the mortgage underwriting. But, we additionally review your capability to settle, credit-to-debt ratio, money reserves, along with your experience degree.
We provide difficult cash loans in Ca, Texas and Nevada. Loans arranged or made outside of Ca needs to be represented by home financing Broker qualified to complete company for the reason that State.
Lantzman Lending may move a number of the fix and loan expenses in to the loan in the event that LTV stays under 65%. It really is our objective in order to make both the lender that is private borrower effective in almost every deal. Our standing of accomplishing this objective has permitted to constantly develop, even yet in tough areas.