Real Estate Secured Loans
Requiring real property as collateral and low loan-to-value ratios to qualify maintains asset quality and mitigates risk for investors.
Our two principal companies, Benworth Capital Partners LLC and Benworth Financial LLC, issue private loans secured by real estate for the purchase, refinancing, or second mortgage of both residential and commercial properties.
Benworth Capital Partners maintains a competitive advantage by making loan decisions in less than an hour and funding the loan in a few days. The appraised property value and demonstration of cash flow to repay the obligation are the primary underwriting criteria in addition to the LTV ratio.
Benworth CapitalPartners LLC
Benworth Capital Partners, a licensed mortgage lender in the state of Florida, arranges financing in the $40,000 to $10 million range for a 2-year term to purchase or refinance real estate. A loan-to-value ratio of no more than 65% attracts borrowers that have a capital investment in the property. This vested interest contributes to the high performing quality of the credit facility through the duration of the short-term repayment period.
Returns are estimates based on historical performance and are not guaranteed.
Investors in Benworth Capital Partners LLC provide funding for individual loans.
The target audiences for the private loan product are individuals that have exhausted traditional sources of financing or need quick access to capital. Benworth also attracts real estate investors and individuals looking for a short-term credit facility, most of the time until a longer and more permanent solution is secured.
Delivering Loan Alternatives for Borrowers.
Maintaining Asset Quality and Mitigating Risk for Investors.
Benworth Financial LLC
Benworth Financial Partners, a licensed mortgage lender in the state of Florida, arranges financing in the $40,000 to $10 million range for a 2-year term to purchase or refinance real estate. A loan-to-value ratio of no more than 65% attracts borrowers that have a capital investment in the property. This vested interest contributes to the high performing quality of the credit facility through the duration of the short-term repayment period.
13% to 14.5%
Investor Returns
Returns are estimates based on historical performance and are not guaranteed.
Investors in Benworth Financial LLC participate in a fund that manages a portfolio of second mortgage loans.
With loan decisions in just a few hours and funding in a few days, borrowers are willing to pay a premium interest rate on the short-term credit. The product competes directly with home equity loans offered by banks and credit unions.
The appraised property value and demonstration of cash flow to repay the obligation are the primary underwriting criteria,
in addition to the 70% LTV ratio.
Benworth prides itself on its unique status as a licensed private mortgage and consumer lender.
As such, borrowers can have the peace of mind that Benworth’s professionals have undergone rigorous training and can help them make the right decision on loan products.
Further, investors can be confident that Benworth complies with all laws and regulations related to mortgage lending and consumer finance in the state of Florida.