Who We Are..?
What Is Private Loan
WELCOME TO FIRST AMERICAN PRIVATE MONEY, LLC
It is the mission of First American Private Money, LLC., to be your trusted DIRECT lender, offering defined and concise funding parameters you can rely on for your nonprime residential and commercial funding needs. Experience a true direct lender with transparent and defined funding parameters with no liquidity or capital restraints. Rest assured that ACG is not a broker, rather a direct lender where all funds, credit decisions and operational processes are performed in house.
First American Private Money, LLC, founded by Principals and Officers with over 25 years of experience in the real estate lending industry, was founded on the basis of providing innovative lending products, structured and transparent product offerings, exceptional service and true direct lending capability.
A real lender providing real solutions.
Private Loan Definition:
Interest rates, although high on business private loans, are less costly than taking on to financial partner(s) or losing the real estate opportunity altogether.
How long will it take?
Most loans close in less than one(1) week.
Private Loan Lenders
Hard money lenders are different. The hard money lenders we refer clients to will usually consider income producing properties such as apartments, condo/co-op conversions, retail/shopping/strip centers, mixed use properties, industrial, office buildings, hotels/motels, medical, mobile home parks and restaurants, as well as non-income producing properties such as land acquisition, development and construction, bank workouts, foreclosures and bankruptcies.