Recent Closings

Just Funded- Medical Office in Montebello

  • 1st TD- $1,359,000
  • 2nd TD- $133,250
  • 5 Year Term
  • Other Lenders MAX LTV was 60%
  • INBANET Strategized and Funded at 65% CLTV
  • Owner User Property
  • Unique Underwriting
  • Broker Earned $27,180

Just Funded Hard Money Loan in Inland Empire with Line of Credit Option

  • Gross loan amount $1,000,000
  • Net funding $750k
  • Available line of credit $250k
  • No interest charge on line of credit
  • Closed in 10 days from submission
  • Referring broker made 15,000

Just Funded 20 Units in City of Gardena

  • $2,400,000
  • 3.875% P&I
  • 5 year fixed. Amortized for 30 years
  • Major bank required earthquake policy which would have killed cash flow.
  • Out portfolio investor closed it without earthquake insurance poliy
  • Referring broker earned $18,000

Just Funded In-House Temple in Los Angeles

  • $650,000
  • 9.875% Interest Only
  • 30% loan to value
  • 5 year term
  • No income. No taxes
  • Referring broker earned $9,750

Just Funded Hillside Land Lot in Hollywood with Inbanet's In-House Hard Money Program

  • $500,000
  • Declined by others due to being hillside
  • 50% LTV
  • 18 month term
  • Closed in 7 days
  • Referring broker made $10,000

Just Funded 11 Units in City of Barstow

  • $270,000
  • Declined by 10+ Hard Money Lenders
  • 7.25% Interest Rate
  • 15% seller carry allowed
  • 63% Occupancy, No problem
  • 60% LTV
  • Broker Earned $6,750

Just Funded- INBANET can fund your next land Acquisition

  • $250,000
  • Closed in 4 business days from submission
  • Offer written as an all cash transaction
  • Seller gave very limited time to close
  • Single digit rate
  • 50% LTV, located in Los Angeles
  • Broker Earned $5,000

Just Funded In-House Land Lot in Los Angeles

  • $80,000
  • Funded in 10 days from submission
  • Unique underwriting
  • 2 year term
  • Raw land
  • 50% LTV
  • Broker Earned $4,000

Just Funded In-House Automotive Shop in Los Angeles

  • $240,000
  • Funded in 11 days from submission
  • Special use property
  • 3 year term
  • Challenging due to property type
  • 50% LTV
  • Broker Earned $4,800

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