Financing in Chicago>Question Details

Allan, Home Buyer in Illinois

Looking for a reputable private mortgage lender. Need $90k on original $359k property. I will put $60k cash down.

Asked by Allan, Illinois Tue Jun 26, 2012

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Answers

9
Rob Weber’s answer
Private money loans are out there but you need to fit into a box not a lot of people are able to. Expect to put significant skin in the game and also plan to have a way to cash them out.
0 votes Thank Flag Link Fri Jun 29, 2012
Hi Allan

You’ve worked hard all your life and now you want to live off your investments — but when it’s finally time to put that money to good use — you suddenly wonder if it’s going to be enough to last you the rest of your life? You’re now faced with preservation tactics and you start wondering if you could have done something differently to get more out of your investments. The answer is YES, and i want to help.

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0 votes Thank Flag Link Tue Aug 27, 2013
Why do you want a private lender? If credit or income is the issue forget it. No one is doing a mortgage based on equity.
0 votes Thank Flag Link Fri Jun 29, 2012
I work with a big real estate investment group, one of them will probably finance this depending on the specifics. Email me and I'll have someone call you tomorrow
0 votes Thank Flag Link Thu Jun 28, 2012
Hi, I am a Canadian that buys properties in Chicago. I am looking for private financing and bridge loans. chris@mdcarealestate.com or chris@chrisallard.ca
Flag Wed Sep 18, 2013
You could contact a few different lenders. If you need a referral I would be happy to help.
0 votes Thank Flag Link Tue Jun 26, 2012
Might be able to help. Need more information. What is the current value? What are trying to do? Buy? Cash-out Refi, etc.?
0 votes Thank Flag Link Tue Jun 26, 2012
I OWN HOUSE NEED MONEY TO DO WINDOWS AND TO INVEST IN ANOTHER PROPERTY 75,000.
Flag Mon Nov 11, 2013
Details Details Details.

Feel free to contact me should you need any assistance

Bill J Deligiannis
First Centennnial Mortgage
b.deligiannis@gofcm.com
630-788-5288
0 votes Thank Flag Link Tue Jun 26, 2012
I can help you there. Call Ray at 773-455-5430..
0 votes Thank Flag Link Tue Jun 26, 2012
Allan,

I have been in the mortgage industry for over 8 years and I work at Wintrust Mortgage which is a very reputable lender based out of Lake Forest. We have the ability to portfolio loans and do some niche deals. Feel free to contact me if you would like me to review your scenario.

Greg Moore
0 votes Thank Flag Link Tue Jun 26, 2012
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