Loan Purpose Letter & Borrower's Overview
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If you have been turned down for a loan by an institutional lender, Val-Chris Inc. can help you get the loan you need. Val-Chris Investments Inc. is a direct private money lender performing asset-based lending on a large variety of residential, commercial, and industrial properties throughout California, for the benefit of a diverse group of borrowers.
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Guidelines
We routinely assist individuals, corporations, limited liability companies, trusts, estates, probates, and foreign nationals, as well as many other types of borrowers, who do not meet the very strict underwriting guidelines of traditional or conventional lenders. Our underwriting guidelines do not penalize:
• Self-Employed People
• Lack of Proof of Income |
• Low FICO Credit Scores |
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Loan Program Highlights
Since we are a direct lender, we have our own underwriting guidelines and standards, which translate into a fast and efficient process to approve your loan and get it funded fast! In loan transactions, our focus is on the current value of the property, the purpose of the loan, and your ability to repay the loan. Highlights of our loan program include:
• No FICO Credit Score Minimums
• Loan Amounts from $20,000 to $2,000,000
• Loan-to-Value Ratios up to 75% |
• Loan Terms from Three to Seven Years
• We Originate First, Second, and Third Trust Deeds
• Loan Closings within Three to Seven Business Days |
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New Loan Program for Owner-Occupied Consumer Loans
If the loan you seek is to be secured by your primary residence, you live in the property that will secure the loan, and the funds from the loan will be used for a consumer purpose, then you have a owner-occupied consumer loan. We can help homeowners secure loans fast, easily, and with minimal turnaround.
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CA Dept. of Real Estate Broker DRE# 01304438
NMLS ID# 333608
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Contact Val-Chris Investment Inc. with any questions you may have about securing a loan through our firm.
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