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

Hawaii Deed Of Trust

Know your borrowers financial status and their credit worthiness.

While all of your questions may not be answered, the following is a short list of the most frequently asked questions that pertain to mortgage investing, and should provide you with a good idea of what you can expect. A power of attorney can be implemented to allow another individual to act on behalf of the absent party and sign for them. The price at which the property was purchased 5. The documents can be sent to the unavailable party ahead of time and pre-signed. The purpose of this procedure is so that those who supply the services and products, as well as those who are the subcontractors working on the project, can be tracked. What is private money lending?

Ground-up Construction Loan V This loan is one that assumes the borrower has approvals and a completed set of plans which are sufficient so that construction can begin once the loan has been funded.
_ Declaration of Default (DOD) Notice of Breach (NOB) and the election to sell under the deed of trust. However, to give you an idea of some of the pitfalls you should watch out for, the following are a few tips: It is always in your best interest to physically inspect any real estate you are intending to invest in, even if the property has already been checked out by the appraiser, broker or title company. As an investor, you should never feel embarrassed to ask questions. _ The value of a stock fluctuate hourly, and sometimes by the minute. 00 annual retirement income to Mary at 2. Another reason to consider is trust deed investors that plan for their upcoming retirement (whether it is IRA, KEOGH, etc.

_ A is supported by conglomerate properties and equipment that are often from foreign countries (ex.
Chapter 12 - Loan Enforcement While it is true that trust deed investing is one of the safer ways in which to obtain an excellent return on an investment, there is always the chance that the borrower may default. Therefore, it is imperative that you carefully read and re-read all the closing documents. Infrastructure Construction Loan - The proceeds for this loan are used to give the borrower the chance to develop and complete the infrastructures of the property, prior to the start of ground-up construction. American Land Title Association (ALTA) V This policy is generally issued to a lender who holds a deed of trust in first position. When it comes to bankruptcy, the investor will require the assistance of an attorney to appear in court, in order to request that relief be granted from the automatic stay. The purpose of this book V Trust Deed Investing- is to provide you with the fundamentals of trust deed investments.