Rates

Borrow $100,000.00 to $750,000.00 against/or to build real estate anywhere In northern California. Apply online now for up to 60% of the projected future completion value of your dream home in first position, paid for or not, finished or not, or at any stage of construction.



Low low private money rates. Call now for a quote. In northern California ONLY PLEASE! 530-272-5916

Typical fees & points


Title insurance (title doc' fee, recon, recording, ALTA lender's title coverage, escrow fee, draw processing fees)

  • Loan origination fees

    • Loan points (loan doc fee, draw inspection fees if out of our area)

  • Interest charged on draws held

    • Interest is charged on the full loan amount of your construction loan including the part of your loan proceeds held for draws or work to be completed.

    Our program requires that our private lender deposit the full amount of your loan prior to close to be placed in an escrow account for you by the title company which insures that your funds will always be there ready and waiting for you (along with all accrued interest accumulated at the pass book rate) whenever you're ready for your next draw (even if the lender & I both get hit by a truck ).

    Click here to view an actual example of the typical costs required to close a recent E-Z Loan transaction


    Please send comments & feedback
    Brad Evans Real Estate Loans
    P.O. Box 163
    Cedar Ridge, Ca. 95924
    24 hr. Toll Free: 1-800-537-3729
    Tel: 530-272-5916
    Fax: 530-273-5636
    ©1997 Main Menu
    Brad Evans Real Estate Loans
    Ca. Dept of Real Estate Brokers Lic.#00426805

    Loan Example


    Loan details: $100,000.00 no doc/no qualifier, one year construction loan to build an approx' 1,600 sq ft home on 11 acres (on file in our office) int. rate 9.5% per annum. Appraised at $170K.

    Title fees
    loan amt: $100K
    interest proration (to the 5th of next mo.) $140.00
    fire insurance premium $500.00
    escrow fee $307.50
    title insurance $444.50
    doc' prep (title) $175.00
    foundation endorsement (title) $95.25
    ALTA inspection $100.00
    Construction draw processing/title (4 @ $50.00 ea.) $200.00
    recording trust deed $26.00
    recording reconveyence $10.00
    filing fee $20.00
    recon' fee (original title co to remove old loan from land) $45.00

    E-Z Loan origination fees
    loan fee: (3.5 points) $3,500.00
    loan doc fee $250
    inspection fees (our inspector's travel time will be charged on all loans out of our immediate area)

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