Magna Capital Group, Inc. will arrange a Custom loan to fit the needs of people with single family homes, condos, duplexes, triplexes and fourplexes. Credit and income are not major factors. Our loans handle real situations quickly! Complicated deals and credit are usually not a problem. Whether it is a first or second trust deed loan, large or small, call us or apply online today!
Property Types
- Office Buildings
- Apartment Buildings
- Shopping Centers
- Mixed Use
- Gas Stations
- Car Washes
Guidelines
- Close in as little as 7 business days
- Credit – no requirements
- No income verification
- Borrower must have a realistic plan for repayment
- Purchase, REFI or cash out
- Loan amounts from $200,000 to $10,000,000
- Foreclosures, NOD’s, Bankruptcy, Bad Credit OK
Borrower Types
- Individual
- Trust and Estate
- LLC, Corporations and Partnerships
Pricing / Terms
- Term – Typically 1 to 5 years, interest only
- Rate – Typically 8% to 13%
- 1st & 2nd Mortgages (case by case)
Loan Purpose
- Any Investment or Business Purpose Loan
Property Condition
- Any Condition