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Excel Trust Deed Investments (formerly Excel Financial) is quickly becoming the Bay Area’s bridge loan leader. Just last week we closed a $2.5MM 1st bridge loan in Atherton. We began the process with a bare-bones file. We were ON RECORD 10 days from the day we got the call from the broker.

The borrower found a home outside of the Bay Area and was set to retire. Because of the impending retirement, their income has been reduced and therefore couldn’t qualify for a conventional loan. We provided them enough cash out to pay cash for their dream home and cover the cost of the move. The Atherton home will be cleaned up, staged and listed for sale. Once sold they’ll pay off our loan and pocket the difference.

Many brokers are running into scenarios similar to this and have no idea where to turn. They end up advising the seller to sell the home and wait to buy the new home. With an appraisal, prelim, basic financial info and a solid exit strategy we’ve been able to help dozens of Bay Area home Realtors and Brokers get their listings sold and keep their clients satisfied.

In addition to bridge loans, we’re able to close business-purpose loans self-employed borrowers) with multiple needs, equity loans for any purpose and debt consolidation loans.

Since we’re a private lender our loans are based on equity more than credit or job history.

If your client cannot qualify with an institutional lender, please give me a call. We’ve closed hundreds of tough loans over the past 32 years.