Product Offering
Let Us Help You Close More Business!
Premier provides non-owner occupied or business purpose private money financing in all property sectors
RECOMMENDED
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Rehab Fin (85% LTC)
- Type Non-Owner occupied
Investor loans - Rate 7.95% - 10.50%
- Max Leverage LTARV - 70%
LTP - 85%
Ratios - Loan Size $100k - $1M
RECOMMENDED
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Construction Financing
- Type Non-Owner occupied
Investor loans - Rate 7.95% - 10.50%
- Max Leverage LTARV - 70%
LTP - 85%
Ratios - Loan Size $100k - $2.5M
RECOMMENDED
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Fix & Flip Bridge
- Type Non-Owner occupied
Investor loans - Rate 7.95% - 10.50%
- Max Leverage LTP - 85%
LTV - 85%
Ratios - Loan Size $100k - $3M
RECOMMENDED
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Residential Bridge
- Type Non-Owner occupied
Business purpose loans - Rate 7.95% - 10.50%
- Max Leverage LTP - 75%
LTV - 75%
Ratios - Loan Size $100k - $3M
RECOMMENDED
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Multi-Fam / Commercial
Bridge
- Type Non-Owner occupied
Business purpose loans
- Rate 8.99% - 11.99%
- Max Leverage LTP - 75%
LTV - 75%
Ratios - Loan Size $100k - $3M
RECOMMENDED
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2nd / 3rd TD’s
- Type Non-Owner occupied
Business purpose loans
- Rate 9.99% +
- Max Leverage 2nd TD - 60% CLTV
3rd TD - 45% CLTV
Ratios - Loan Size $100k - $750K
RECOMMENDED
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Land Loans
- Type Land Loans
- Rate 9.99% +
- Max Leverage 60% LTV - Suburban
30% LTV - Rural
Ratios - Loan Size $100k - $1M
RECOMMENDED
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Non QM
- Type Bank Statement loans for
Owner Occupied
Non-Owner Occupied - Rate 4.99% +
- Max Leverage Up to 85% LTV
Ratios - Loan Size $100k - $5M
PMS Platform
A Modern Private Money Platform
Premier Money Source helps you fund more loans and provides a place for all of your loan turn downs.
We are your non-QM replacement lender.
Funding of the loan
Loan closes in 5 days or less!
Borrower, mortgage broker and realtors are happy
Get paid your loan commission!
Submit a loan to Premier
-
Get per-approved in minutes
Shop with confidence
We are direct lenders, so we make all the decisions!
Processing of the Loan
Technology takes over
Streamlined and efficient
Loan Docs in days
Submit a loan to Premier
-
Get per-approved in minutes
-
Shop with confidence
We are direct lenders, so we make all the decisions!
Processing of the Loan
-
Technology takes over
-
Streamlined and efficient
Loan Docs in days
Funding of the loan
-
Loan closes in 5 days or less!
-
Borrower, mortgage broker and realtors are happy
Get paid your loan commission!
Referral Partner
How Valuable Is The Right Private Money Lender?
Premier's Platinum Club
How valuable is the right Private Money Lender? We believe it is a game-changer for your loan business. As a referral partner, we make your job easy. We offer competitive loan products that allow you to sell & fund more loans. Our technology drives our process and automates the entire process so you can focus on what you do best – generating more business. We compliment you and your brand by delivering a true,
customer-first loan experience.
Rate Sheets / Guidelines
Become an approved broker and get rate sheets & program guidelines instantly. We are always enhancing our products
so you can close more business quickly & efficiently. We are competitively priced & we know that communication, pre-
approvals in minutes, and closings in 5 days is what referral partners & clients deserve. Our goal is to deliver the WOW factor. Become our new Platinum club member & allow us to help you generate more business.
Pre-Approvals
Having fast and accurate pre-approvals means you only focus your time on qualified clients. We go the extra mile having our underwriter review all files before issuing a pre-aproval to our referral partners. No more guessing. Get pre-approved in minutes.
Communication
Communication and responsiveness are key for a smooth transaction. We will notify you through every milestone, no questions asked, good or bad. We move fast and if you decide to reach out to us, we will always be available by text, email or phone to answer any and every question you have. And don’t worry, we don’t follow banker’s hours. We know real estate happens after hours including weekends, so we are available when you need us.
Close on Time
Every time. Our goal is to close loans from start to finish in 5-7 days. Yes, you read that right. 5 to 7 days. Our team thrives on the speed of a loan file and our referral partners love it too. Our proven process will make your clients so confident in the process they will refer you more clients, leave 5 Star reviews and allow you to grow your business in leaps and
bounds.
Dedicated Team
We are a close knit, dedicated group of mortgage professionals working as a team with one goal in mind: to deliver the highest quality Private Money Loan experience for our partners and mutual clients. We accomplish this by providing stellar communication throughout the transaction. We feel that, now more then ever, it’s critical to take care of our referral partners and borrowers by truly putting them first. By setting expectation, we are setting not only ourselves up fpr repeat business and future referrals, but you, our partner, as well.
Technology
We use state of the art technology to drive our loans process and have automated every step of the way. We have closed over 20,000 loans in our 30-years tenure and thankfully, we have perfected it. Our partners have an unprecedented advantage over other agents in the market due to the automation of our process. We get your clients to the closing table faster and smoother then ever before!
Properties
Recently Funded Deals!
Premier provides non-owner occupied or business purpose private money financing in all property sectors. Below are a few of our featured deals we are proud to have been a part of over the past several months
Burlingame, California
| Net Interest Rate | 8.00% |
| Loan Amount | $1,332,000 |
| Purchase Price | $1,957,000 |
| Appraised Value | $1,850,000 |
| Lien Position | 1st Trust Deed |
| Term | I/O due in 1 year |
| LTV (As-is) | 72.00% |
| LTV (PP) | 68.06% |
Oakland, California
| Net Interest Rate | 8.00% |
| Loan Amount | $695,000 |
| Purchase Price | $950,000 |
| Appraised Value | $935,000 |
| Lien Position | 1st Trust Deed |
| Term | I/O due in 1 year |
| LTV (As-is) | 74.33% |
| LTV (PP) | 73.16% |
Westlake Village, California
| Net Interest Rate | 8.25% |
| Loan Amount | $1,035,000 |
| Purchase Price | $1,150,000 |
| Appraised Value | $1,300,000 |
| Lien Position | 1st Trust Deed |
| Term | I/O due in 1 year |
| LTV (As-is) | 79.62% |
| LTV (PP) | 90.00% |
Lakewood, California
| Net Interest Rate | 8.00% |
| Loan Amount | $810,000 |
| Purchase Price | $900,000 |
| Appraised Value | $1,125,000 |
| Lien Position | 1st Trust Deed |
| Term | I/O due in 1 year |
| LTV (As-is) | 72.00% |
| LTV (PP) | 90.00% |
Carson, California
| Net Interest Rate | 8.25% |
| Loan Amount | $365,000 |
| Purchase Price | $450,000 |
| Appraised Value | $482,000 |
| Lien Position | 1st Trust Deed |
| Term | I/O due in 1 year |
| LTV (As-is) | 75.73% |
| LTV (PP) | 81.11% |
South Gate, California
| Net Interest Rate | 8.25% |
| Loan Amount | $425,000 |
| Purchase Price | |
| Appraised Value | $855,000 |
| Lien Position | 1st Trust Deed |
| Term | I/O due in 2 years |
| LTV (As-is) | 49.71% |
| LTV (PP) |
Newport Beach, California
| Net Interest Rate | 8.25% |
| Loan Amount | $1,020,500 |
| Purchase Price | $1,570,000 |
| Appraised Value | $1,570,000 |
| Lien Position | 1st Trust Deed |
| Term | 40/1 Year |
| LTV (As-is) | 65.00% |
| LTV (PP) | 65.00% |
Westminster, California
| Net Interest Rate | 9.00% |
| Loan Amount | $687,500 |
| Purchase Price | |
| Appraised Value | $1,250,000 |
| Lien Position | 1st Trust Deed |
| Term | I/O due in 3 years |
| LTV (As-is) | 55.00% |
| LTV (PP) |
Referral Partners Get Real Results
Referral Partners Get Real Results With
Premier Money Source
Direct Lenders
We are direct lenders so we make
all the decisions!
30+ Years
30+ years of mortgage experience,
to handle all loans.
20,000 Loans
Closed over 20,000 loans in the
past 25 years.
Reviews
Rated Customer Experience
Contact Information
Duane Wellhoefer
- 949.246.1992
- Duane@PremierMoneySource.com
- 3334 E PCH #507, CDM, CA 92625
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