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Local Loan Company
$50,000,000
Offering of Participation Interests Aggregating
in Various Loans Secured by Real Estate
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For California Residents and Companies only
or Non-US Companies and Residents.
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- Scheduled yields of 7% to 16%
- Secured by First Mortgages on Income Producing Properties
- Title to the loan is vested in Your Name (as to your percentage of ownership) or the loan can be vested at your instruction
- You will receive both Title Insurance and Fire Insurance policies
- Loans originated and serviced by a nationwide servicing company
- You can invest with as little as $5,000
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Not every investor is suitable to invest in first mortgages. You need either a net worth of $500,000 (exclusive of home, furnishings and automobiles) or income greater than $65,000 and a net worth greater than $250,000 (exclusive of home furnishings, and automobiles).
*Net of servicing fees, assuming the loan pays as agreed. This does not constitute an offer to purchase first mortgage investments. An offer is made only through an Offering Circular. Investing in first mortgage investments involves substantial risk. Please be sure to read the Risk Factors section of the Offering Circular before investing.
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