SERVICES FOR PRIVATE LENDERS
We represent hard money lenders, private lenders and institutional lenders in the drafting of loan documents and generally representing the lender to ensure that their funds are secured by the borrower’s real property and other collateral. We often draft mortgage spreader, modification and cross-collateralization agreements to assist lenders in working out troubled loans.
Loans secured by a primary residence of the borrower are strictly governed by a host of federal and state laws. We draft documents for these loans that will comply with those federal and state statutes.
We represent many hard and private money lenders in drafting their required loan documents, including the proper statutory disclosures, rehab escrow agreements, and specialized land trusts.