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Lending
BV Lending is a subsidiary of Ball Ventures, LLC that differentiates itself in the marketplace by using our extensive real estate and finance expertise, entrepreneurial style and substantial liquidity to build creative programs for our borrowers. Our process enables clients to close their purchase/refinance in as little as 10 days and roll their fees into the loan.
| Our Mission: |
Offer a full range of private money options to our clients using our
in-house legal counsel to make the process of investment funding fast
and easy |
| Loan Type: |
Hard money loans to fund either conforming or non-conforming real
estate collateralized loans that do not meet banks' criteria |
| Loan Size: |
Typically $1,000,000 to $5,000,000 |
| Collateral: |
First Deed of Trust against the real estate |
| Rates: |
Interest rates from 12% - 16%
Four to eight points based upon the length, size and risk involved |
| Terms: |
One to eight months, longer terms with negotiation
No prepayment penalty |
| Location: |
Anywhere within the United States |
| Due Diligence: |
A deposit of $5,000 to $10,000 is required before the due diligence
process begins and is credited against the third party cost of
underwriting |
For more information, please call Neil Floyd at 208-523-3794
or email neilfloyd@ballventures.com |
