Brokers

Action Loan and Gus Goldsmith are HARD MONEY lenders and often work with Licensed Brokers. We will close any loan with your customer that meets our loan criteria and underwriting. Brokers can collect a reasonable fee from proceeds at loan closing!

New Hard Money Loans

Review our loan programs to see if you have any clients that we can help you fund loans for. Always keep us in mind for current and future deals. Our loan programs are a guideline, and are not written in stone. Every deal is unique, and terms can be creative. We make the final decisions right here at our office in Louisville, KY, so always call us with a potential deal.

Get Leads from Us! – Refinance our existing loans

We also work closely with Brokers to re-finance many of our existing accounts. Eligible accounts typically have been with us for 6 to 18 months, may or may not have a prepay. These accounts typically started with poor or no credit, and are at a higher interest rate. After paying us for a number months, they have improved their credit (our mortgages are reported monthly to TransUnion), and are looking to re-finance for a lower rate.

Home Sales with Owner Financing

We also have a portfolio of homes sold with owner financing. These are low interest loans that we have made. These are mortgages or contracts for deed, not lease options. They typically have a 2-year balloon, with a rate of 5 to 7 percent on a 30-year amortization. The customers started with decent credit and qualifying income. They are now looking to re-finance after a history of good payments, which are reporting to the credit bureaus, into a long-term loan, before the balloon expires.

To Start a Broker Relationship with Action Loan, call Gus or Martin TODAY!
Call 1-800-555-1212 or 502-585-5200, or contact us for more information.

Action Loan Co., 143 West Market Street, Louisville, KY 40202