D&M Associates, LLC

General information

What is a private Mortgage?
→ A private mortgage is a loan of money between two private parties using real estate as collateral and issuing a mortgage for the security of the party that is doing the lending.
→ Private mortgage lending is one of the oldest types of investing offering higher yields while providing safety and security for the lender.
Private Mortgage Program how it works
1. We locate a property we want to buy
2. We borrow from you to purchase the property
3. We have a formal closing and you get a mortgage on the home with other important documents.
4. We repair any problems with the home.
5. We market the property and find a buyer or lease purchase tenant to purchase the home.
6. When the purchase is finalized, you are paid in full for your mortgage plus any accrued interest.
Private Mortgage Program Details
- Our business is to buy and sell houses and also buy and hold as rentals which create a steady cash flow.
- To get the best deal from our sellers, we need to be able to have a quick closing.
- Availability of funds allows us to buy at the best price for us.
- We pay you from 8% -12% to use your money.
- Loans usually run for 6 – 60 months based on when we sell the house.
- Some people compare it to a bank CD with a higher rate.

Documents Securing Your Investments

- Mortgage Note.
- Mortgage Instrument.
- Endorsement on Hazard Insurance Policy.
- Title Insurance Before House Is Purchased.
- Comparative Analysis Appraisal.
And Lenders have no filing expenses as we take care of everything to maximize your return.
Our Guideline Provides You With Safety

Example: $100,000 House after repaired value

$80,000 Max Loan equals 80% LTV (Loan To Value) which equals a $20,000 safety margin

How can We Buy Houses So Cheaply?
- Our focus is only on cosmetically distressed properties that usually need to be refurbished and update.
- We have a network of people that help us find these properties because they know where to look and what to buy within our guidelines.
- We create value by purchasing these homes and bringing them back into pristine status.

Private Mortgage Program Loan Repayment Process
1. We will contact you approximately 10 days prior to closing to notify you & to go over any details or questions.
2. We will also ask whether you wish to send you a check or direct deposit it into your account or have us reinvest your money into a new mortgage (always your choice)

3. The interest accrues until the house is sold and you get your money for principle and any accrued interest.

Our Promise to You
We will never change your rate as long as the money is invested on a property.
We will only offer safe and secure high yield private mortgages structured with your goals in mind.