SERVICES
FULL SELECTION OF MORTGAGE
FINANCING
PROPERTY
TYPES
- Residential ( 1-4 units;
multi-units)
- Commercial ( any type
including mixed use)
- Unfinished Construction
( residential and commercial)
- Raw Land ( development
and raw acreage)
- Hotels and motels (any
size)
LOAN AMOUNTS
- Loan Amounts from $25,000
to $7,000,000
INTEREST
RATES
- Typically, most loans
are made based upon a fixed basis commencing at the rate of 11% and up to
15% per annum. Upon the Borrower's request, variable rates would be entertained.
These rates are subject to change.
TERM
- Depending upon circumstances
and the needs of the Borrower, Dayco's loans can be made for as short as 60
days and as long as 5 years
MONTHLY
PAYMENTS
- Most of Dayco's loans
are interest only, which helps accommodate Borrower's cash flow. Dayco will
entertain amortized loans based upon very flexible schedules as proposed by
the Borrower.
SPECIAL
FEATURES
- None of Dayco's loans
have any type of prepayment penalty. This means that if the Borrower desires
to pay the loan at any time prior to the maturity date of the loan, this goal
can be accomplished without being subject to any prepayment penalty.
- All Borrowers are provided
with the opportunity to select their own schedule as to time of month their
payment becomes due.This is another way Borrowers are granted the maximum
flexibility to manage and plan their monthly cash flow.
- No additional charges.
Dayco makes every attempt to limit expenses for the Borrower and does not
charge Borrowers for substantial and excessive ordinary expenses (i.e., junk
fees).
PURCHASING
NOTES / LOAN PORTFOLIOS
- As principal investor,
one of Dayco's primary interests is the purchase of real estate, secured note(s)
and trust deeds held by individuals, entities and /or financial institutions.
Dayco will also entertain the purchase of Loan Portfolios up to $7,000,000
from investors and financial institutions.
- Dayco can fund the purchase
in an extremely quick fashion on a "ALL CASH" basis. Upon price
agreement, Dayco can perform within a few days and pay cash for the note(s)
as long as all basic paperwork and title matters are in order. Dayco has vast
experience in this area and it's internal operation is well -suited to quickly
and efficiently respond to the incoming inquiries.
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Copyright
©1997 Dayco Funding Corporation
4751 Wilshire Blvd.
Suite 203 
Los Angeles, CA
90010
213.658.1184
All Rights Reserved. ®All Trademarks mentioned herein belong to their respective
owner.
Developed by NOWCOM CORP. 1997
Licensed
by the California Department of Real Estate
(Lic# 01167099) DRE " Lic. Info." (916) 227-0931
Interest rates are subject to change at any time prior to any advanced notice.