Service To Investor - Program Overview
| General PLN™ Information | |
| Investment Opportunity: |
Frequent Opportunities on a Loan by Loan Basis |
| Total PLN Raise: | Capital is Raised as Needed |
| Loan Servicing Company: | RE Capital LLC or Assigned Servicer |
| Lender Qualifications: | No Qualification Limitations |
| Minimum Investment Amount: | None |
| Target Return to Lenders: | Average 10% - 12% but varies per loan |
| Interest paid to Lender: | Monthly, Quarterly or End of Term |
| Minimum Term to Lender: | As Long as Loan Runs, to be approved by Lender |
| Type of Mortgage Investments: | First Lien, Interest Only, Trust Deed loans secured by a Deed of Trust securing Promissory Note personally guaranteed by the principal Borrower/s. |
| Lending Territory: | All States |
| Term of Loans: | Generally 12 to 36 months with Lender approval |
| Tax Treatment: | Interest Income (Ordinary Income) |
When an investor becomes a Member of the PLN, they become a "private lender" and gain access to high quality mortgage loan investments through RE Capital LLC. The invested monies are secured by loans on residential & commercial investment real estate. Lenders are placed directly on the note & deed of trust which can be fractionalized among several lenders or wholly funded by one lender. This is a passive investment opportunity for the Lender; RE Capital LLC or assignee is the Servicer for the PLN and manages all loan servicing functions including payment processing, property insurance & tax management, construction control, payoffs, defaults and other servicing matters.
The short terms loans average 12-24 months (may be extended to 36 months or longer with Lender approval) with interest only payments due monthly. Interest payments are distributed to Lenders monthly, quarterly or may accumulate to be paid at the end of the term per Lender approval.
The loans must meet strict underwriting and due diligence requirements administered by RE Capital LLC. All loans funded through the PLN are individually processed and fully underwritten. RE Capital LLC endeavors to only fund loans that will perform to the high standards the company has established for the PLN in order to maximize the stability of the cash flow and rate of return for Lenders in the PLN.
Lenders will pay no buying or selling commissions or fees to lend money through the PLN.
All commissions and fees associated with the origination and servicing of the loans are paid by the Borrower. Lenders should consider their investment in a mortgage loan as illiquid for a minimum of the term of each loan they fund.
The Servicer's income is derived from upfront fees, loan servicing fees paid by the Borrower such as, servicing fees, late payment fees, escalated interest fees and others. For example, a loan may be originated at 12%-14% to the Borrower and 10%-12% is passed on to the Lender with a 2% servicing fee paid to RE Capital LLC. Lenders can achieve 10%-12% returns through the PLN and the income is characterized as interest income to the Lenders for taxation purposes.
Click here for the Private Lender Questionnaire
Disclosure Statement:
This is not an offer to sell, or solicitation of offers to buy, securities in states where such offer of solicitation cannot be made. This is not an offer to residents where prohibited by state statutes. This website or advertisement shall not constitute an offer or solicitation to sell or buy securities in any state where registration of the security is required or where such solicitation or offer cannot be made.
US TREASURY DEPARTMENT CIRCULAR 230 NOTICE:
Any advice contained in this communication, including attachments and enclosures, is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing, or recommending to another party any transaction or matter addressed in this communication. We do not provide tax advice on any matter, therefore we are not providing any guidance to the recipient on a "more likely than not" or higher confidence level. This communication is not intended to be a reliance opinion within the meaning of Circular 230
This is not an offer to sell, or solicitation of offers to buy, securities in states where such offer of solicitation cannot be made. This is not an offer to residents where prohibited by state statutes. This website or advertisement shall not constitute an offer or solicitation to sell or buy securities in any state where registration of the security is required or where such solicitation or offer cannot be made.
US TREASURY DEPARTMENT CIRCULAR 230 NOTICE:
Any advice contained in this communication, including attachments and enclosures, is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing, or recommending to another party any transaction or matter addressed in this communication. We do not provide tax advice on any matter, therefore we are not providing any guidance to the recipient on a "more likely than not" or higher confidence level. This communication is not intended to be a reliance opinion within the meaning of Circular 230
