chris, Home Buyer in Saint Albans, MO

Looking for private investors for home loan. $619K purchase price and I have the 20% cash down. Who in St. Louis does hard money/private money loans?

Asked by chris, Saint Albans, MO Mon Dec 9, 2013

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Debbie Dutton, Agent, chesterfield, MO
Thu Oct 16, 2014
Hard money lenders will usually only lend to investors/commercial mortgages. I would suggest Dean Pilcher with First Bank. He is very good at looking at each individual situation and coming up with the solution. He can do portfolio loans which gives him flexibility beyond Freddie Mac/Fannie Mae guidelines. First Bank holds most of their loans. My clients have been highly satisfied with his help and I have given him some tough ones. Please let Dean know that I referred him. His telephone number is 314-616-2888.
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Deanna Lawre…, , Chesterfield, MO
Mon Dec 9, 2013
Hi Chris,

I know several hard money lenders in the area, but none who will lend on an owner occupied home. They only loan to investors. However, you could try my lender, Aaron Emerson. His company, Gershman Mortgage, has more flexible lending criteria than most others because, it holds some of its loans instead of selling them. Give him a call at (314) 276-1416 and tell him Deanna referred you.
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