Phone: 305-445-5223

Email: [email protected]

Website: http://www.benworthcapital.com/contact_us.html

Address: 300 Sevilla Avenue Suite 202 Coral Gables, FL 33134

States They Lend in: Florida

 

Type of Loans:

 

• non-traditional mortgages
• traditional residential mortgages
• commercial mortgages
• construction financing

 

Private Lending Guidelines

 

Purpose of Loan

•Purchase primary or secondary residence
•Acquire property to operate your business
•Invest in income-producing residential or commercial property
•Build a custom home
•Construct a small residential or commercial income-producing project

 

Loan to Value (LTV)

•Loan to value is a ratio used to assess the risk of a loan
•Loans must have a LTV ratio of no more than 65% to qualify for a Benworth Private Loan

 

Short-Term Loans

 

•Terms starting at 12 months

This may be the right solution for you if you are:

•Waiting for a lump sum payment from an investment, legal matter or sale of an asset
•Looking for temporary financing until another property is sold or leased
•Seeking to close on a transaction quickly to avoid competitive bids, secure a property or lock in an attractive price

 

Investor Loans:

 

Provides services to finance, acquire, manage and develop residential, commercial and income-producing real estate.

• short-term, first-position residential and commercial mortgages
• does not extend credit nor participate in land loans, second mortgages, mezzanine financing,
  re-financing of primary residences, or condo loans that are not Federal Housing Authority- (FHA) approved
• proactively provides borrowers with appropriate credit counseling to help clients improve credit scores
• escrows all loans for taxes and insurance
• services all loans that are extended to borrowers in order to closely monitor asset quality