Chapter 1 - Coppercrest Funding


Coppercrest Funding, is one of Arizonas leading sources of non-institutional, short term real estate loan providers, is a dynamic and professional company that specializes in providing real estate loans that are not usually obtainable by conventional lenders. In short, Coppercrest Funding provides lending investment opportunities known as a Trust Deed.

The funds for these short term loans that are provided by Coppercrest Funding, come from a variety of sources that include, but are not limited to, individual investors, hedge funds, pension plans, trusts, IRAs, and REITs. This type of lending that is provided by Coppercrest Funding is commonly referred to as hard money or private money lending.

What is private money lending?
At this point you may be asking yourself: What is private money lending? Private money lending refers to loans that have been collateralized by real estate, and are made in regards to the decision of making a loan that is based mainly on the protective equity within the property.
Private money loans are required by borrowers, who fail to meet guidelines set up by conventional institutions such as banks, life insurance companies and conduits. The guidelines regarding the main credit decisions of such institutions are based on the borrowers income and credit. Thus, from a lenders perspective, while providing a loan may seem like a sensible transaction, due to the fact that its classified as subprime, it requires private money lending.

Coppercrest Funding underwrites, solicits, processes and funds private money lending, and is extremely reliable because they have more than 25 years of experience in real estate lending. They are experts in their field, and provide creative financing solutions because they know how to deal with, and understand complex transactions.
Their creative skills give Coppercrest Funding a unique advantage over other lenders, because they provide direct loans that are underwritten. In other words, instead of outsourcing to obtain their information, Coppercrest Funding personally determines inherent risks regarding specific loans, and establishes appropriate terms and conditions for the loans which they fund internally. This allows them the ability to approve and fund loans within hours or days of a submitted application.

Coppercrest Funding and Trust Deed Investing

Coppercrest Funding provides investors with many unique opportunities to invest in trust deeds. The loans provided by Coppercrest Funding are first secured with deeds of trust on real estate, and in addition are supported with the borrowers personal guarantee. All deeds of trust are insured by a reputable Title Insurance Company that is recognized nation wide, and all costs that are related to underwriting, documentation and servicing of the loan are paid by the borrower.

An asset based lender, Coppercrest Funding, primarily bases their decision on whether or not to provide a loan based on the amount of equity in the property. If the property meets their equity requirements, Coppercrest Funding will then carefully analyze the borrowers personal characteristics, as well as their ability to repay the loan, and the project viability.

Before a loan is granted, a Coppercrest Funding officer will perform a personal inspection of all subject properties. Furthermore, Coppercrest Funding will never fully rely on appraisals, and will confirm values by utilizing their own internal comparable sales analysis through an interviewing process with real estate brokers familiar with the area in question.

The vast majority of loans that are funded by Coppercrest Funding are through individual investors. Every investor is provided with a loan summary that supplies information in regards to:

loan terms
Property serving as collateral
Details about the borrower/guarantor

Coppercrest Funding gives support to their investors, and assists them through every stage of the loan, which includes the documentation, servicing and loan management.

Currently, Coppercrest Funding is proud to work with almost 50 active investors. Some of these investors have a strong relationship with Coppercrest Funding; a relationship that has been built and thrives on an enormous level of trust developed throughout the years. In addition, Coppercrest Funding is pleased to see this same development of trust blossoming with their other investors, and always look forward to developing future relationships with new investors.

For more information about Coppercrest Funding, or if you would like to learn more about becoming an active trust deed investor, you can visit them online today at www.coppercrestfunding.com

Trust Deed Investors

There are three parties involved in a trust deed: 1.

Keep all documents and important papers that describe, and provide evidence and security for the loan, in a safe and accessible place. 5% compounded annually. All deeds of trust are insured by a reputable Title Insurance Company that is recognized nation wide, and all costs that are related to underwriting, documentation and servicing of the loan are paid by the borrower.

Trustor V Borrower 3.
That being said, a person may choose to recourse a note so that the payment goes to one individual in particular and no one else. Make sure you do not want or require any final, additional documentation before you close. Once the payment has been received in full, and the funds are cleared, the loan servicing officer will then begin to issue the appropriate checks to the investor(s) involved in the loan. Know how to recover your investment when the borrower does not meet payment.

A few interesting facts about liens It is important for you to know that liens in first priority are the most ideal.
In order for a note to have negotiability, the note must have the option of unconditional promise to pay, without contingency, which is based on the future actions of the borrower. It is not uncommon for a borrower to try and convince, or pressure a lender to give some slack in regards to terms and due dates for payments. With all of the knowledge you will obtain from Trust Deed Investing, you will gain the confidence you need to know how to protect your investment, choose the right broker and provide an excellent product with the least amount of risk. This is due to the fact that borrowers are willing to pay a higher interest rate because private investors are flexible with their loans, as they are not limited by traditional rules of bank loans. 5% compounded annually.