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We’ve Set a New Bar with Bridge Loans

Setting a New Bar with Bridge Loans

When it comes to bridge loans, Excel Trust Deed Investments just set a new bar!

This week Excel successfully funded our largest bridge loan request to date, a $6,900,000.00 land acquisition loan for a 208 condo development.

The request was presented to Excel on May 4th and loan docs were ready to submit to escrow on May 18th, exactly two weeks after submission. This is a bit longer than our typical turn-around, but it is four to five times larger than our typical loan request.

Our bridge loan product is still setting records for fast approval and funding:

  • The average loan amount is about $1.5M.
  • We’ve been getting approvals on most loans within 24 hours of submission.*
  • Loan documents are typically in escrow within 24 hours of approval.

Please remember Excel Trust Deed Investments when you have a difficult loan request that must be closed FAST.

If you’d like to experience this level of professionalism and performance consider Excel Trust Deed Investments for the next loan you are looking to place.

 

Sheldon Perry Excel Trust Deed InvestmentsSheldon Perry,
Founder, VP Investment Lending
Excel Trust Deed Investments

Sheldon founded Excel Trust Deed Investments (formerly Excel Financial) in 1986. Specializing in expedited and efficient loan closings, he applies creative problem-solving skills to every facet of the private lending process for his clients.

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Excel TDI, Inc. Closes $2.5 M Bridge Loans in 7 Days

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.

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Excel TDI, Inc. – Your Leading Private Lender in SF Bay Area

Good morning!

We have a good problem to report! Over the past few weeks we’ve received several large payoffs…add this to our backlog of investors with funds to place and we’ve found ourselves in a unique position. We need loans.

Over the past 3 years we’ve established ourselves as one of the leading private lenders in the San Francisco Bay Area. We can fund many loans that our rivals simply cannot. We approve most loans by the end of our first discussion with our brokers, pending receipt of the loan package. We do not take days of your time to make life changing decisions, but moments whenever possible. Our lending limits are much more generous as investors choose their own parameters (within lending regulations.) If you are being strung along or your clients are being turned down by other lenders, please take a moment and call me or email me and give me a chance to close your loan. In many cases over the last several years we’ve had loan docs in escrow within 24 hours. We have hundreds of closed loan success stories…let us add your client to our growing list.

Warm Regards,

Sheldon

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Hard-to-Close Loans? We’re what you’re looking for!

A Specialized Business Model

We understand that not all properties and borrowers can qualify with institutional investors and larger lenders. This is what we’re looking for!

We’ve built our business at Excel Financial and Excel Trust Deed Investments, Inc. closing these loans over 32 years. This is a record year for closed loans. It’s also a record year for payoffs! This means our investors have more money to fund your loans.

Call Us First

Borrowers with credit issues, employment issues, income issues or any of the issues that life throws one’s way, call us at (408) 564-7690.

We can give a preliminary approval over the phone with most scenarios, and in most cases have loan docs in escrow within a couple of days. We can fund up to $5,000,000.00 these days, so don’t sell us short on your larger deals.

Sincerely,

Sheldon