| Richard Marable Manager/ Real Estate Title Abstractor Life's Good Lending and Development 1800 JFK Blvd, Ste 300 Philadelphia, PA 19103 P: 215-279-8712 F: 215-754-4994 Contact us now to find out how to navigate through the Economic Issues effecting Real Estate and why Life's Good Lending and Development is moving forward with its integrity intact and investors very happy and secure with our service. |
| What We do: Life’s Good Lending and Development will provide “Hard Money”, commercial loans and real estate financing secured by real estate in the local Eastern Pennsylvania area. We specialize in fast reliable loans that borrowers can depend on. Life’s Good Lending and Development does not sell or securitize our hard money loans, we have no box that a fast money loan must fit within. Thus every loan --- Your loan --- can be customized and structured to meet your specific requirements and needs. The term Hard Money, as it is referred to in the real estate and lending industry, has developed through the years to refer to non-conventional or non-traditional real estate loans. Life’s Good Lending and Development has coined an acronym for these loans. We call them S.T.A.B.L. Mortgages or loans. |
| What We Can Do For You: Most hard money loans are funded by private money sources or administered funds that come from outside of the mainstream such as banks, Savings and Loans, Pension Funds, etc. Life’s Good Lending and Development makes S.T.A.B.L. Mortgages available to developers, rehabbers and real estate professionals through our mortgage banking partners to finance investment properties. The Investor/Lender's money is secured by a first mortgage on the property, but in no case will the LTV be higher than 65%. These are interest-only mortgages. Many real estate professionals rely on S.T.A.B.L. Mortgages to get money quickly, and they are less concerned with the cost of the funds than with its availability. |
| What We do With You: Life’s Good Lending and Development makes capital available based on the equity of the property, and can do so very quickly. For many active real estate professionals, this is the only way to get money to buy properties well below market value, since banks put a limit on how many loans a borrower can get. If they are buying properties at 65% or less of market value, they don't mind giving the lender, a secure 18%interest for the short- term use of funds (usually from 6 months to 1 year). These developers, rehabbers or professionals will normally repair the property and sell it or refinance it within that period, making their profit at that time. |
© Life's Good Lending & Development, LLC 1800 JFK Boulevard • Suite 300 • Philadelphia, PA 19103 "A Life's Good, Inc. Company" |
| 1800 JFK Blvd, Ste 300 | Philadelphia, PA 19103 | P: 215-279-8712 | Alt: 267-973-9798 |
 |  |  |  |  |