Slide 2: Because Time is Money.
Helping You Capture Opportunities.
When you need immediate financing, you need a resource that’s both flexible and responsive. You need a direct lender who can provide fast answers, work with unique circumstances and loan against appraised value. Chesterfield has a proven track record for helping entrepreneurs achieve their goals. That’s why experienced professionals come to Chesterfield: The Easy Source for Hard Money.
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The Chesterfield Difference:
Personal attention Contact with the decision maker Direct source of funding Flexible, creative solutions Fast closings Brokers’ fees protected Simple application process No application fees
Slide 3: The Chesterfield Difference
Personal Attention
We are a team of seasoned professionals who cultivate one-onone relationships with our clients to get a good understanding of their needs and situation. At Chesterfield we always handle funding requests with the utmost in courtesy and confidentiality.
Contact with the Decision Maker
At Chesterfield you won’t deal with an elaborate approval process. You’ll talk to someone with the ability to provide fast answers, which means you’ll always know where you stand. No misunderstandings, no repeating yourself, no run-around.
Direct Source of Funding
We fund loans directly, which keeps things nice and simple. Therefore we can serve you much faster, and support you every step of the way; from underwriting and processing to closing and servicing the loan.
Slide 4: Flexible, Creative Solutions
We look beyond traditional obstacles and limitations to find solutions. We can work through complex debt and equity structures to finance unusual projects. Plus we loan against appraised value not just purchase price. Tell us the details and we’ll investigate options that meet your needs.
Fast Closings
We know your time is valuable and speed is always a business advantage. Many loan scenarios are extremely time-sensitive, so our first priority is providing fast decisions on loan requests. Then we close our transactions quickly. Often, our clients can leap ahead of others because they have funding when they need it.
Brokers’ Fees Protected
Your success is our success. We make sure brokers who work with us are fully compensated as part of our packages. Experienced brokers come to Chesterfield knowing they will be supported and their fees will always be covered.
Slide 5: Partnering With Us
Financing professionals who want to keep their clients happy can look to Chesterfield as an alternate lending source when traditional methods don’t work out. By establishing a relationship with Chesterfield, you’ll be ready with an additional resource in case you need it to serve an important client.
Simple Application Process
Our process is easy and direct. We offer immediate response on non-conforming asset-based loan requests. Call us for a personal consultation, or use our online application form via secure-server. We will get back to you within 24 hours. We make hard money easy.
No Application Fees
Other commercial lenders often levy up-front charges they call “processing”, “underwriting” or “application” fee. We uphold the highest levels of integrity because we believe that we succeed only when you succeed. In reviewing and appraising an application we expect only reimbursement on actual out-of-pocket expenses - - at cost.
Slide 6:
LENDING GUIDELINES
Chesterfield is active in funding interest-only, asset-based loans on fee simple properties. We are a direct lender providing private funds in situations which may not meet conventional underwriting guidelines, and for savvy borrowers who need fast closings to capture ideal opportunities Plus we lend on appraised value, not just purchase price.
Minimum Loan Amount: WA: $ 40,000.
OR: CA: AZ, AK, CO, HI, ID, NV, NM: $ 200,000. $ 400,000. $ 500,000.
Maximum Loan Amount: $7 million. Loan Term: 1 to 2 years average. Interest Rate: 10 to 14%
Typical LTV: Single Family Residence – up to 70% Commercial Property – up to70% Land with utilities – up to 50% Raw Land – up to 40%
Slide 7: Types of Transactions
Bridge Loans Acquisition Rehabilitation Build-out Refinancing Cash-out IRS Workouts State, County, Municipal, Tax Payoffs Expansion Joint Ventures Lien Workouts Investment Transactions Notes, Contracts, Mortgages purchased Foreclosure avoidance Corporations, Trust or other legal entities Second TD Mortgage/Equity
Slide 8: Types of Properties Funded
Restaurants Bars/Lounges Gas stations Multi-use Mini-casinos Supermarkets Post or mail offices Multi-ret. buildings Parking garages & lots Mobile home parks R.V. parks Residential Inv. P. Warehouses Storage units
Car washes Golf Courses Hotels/Motels Strip tenant buildings Shopping malls Apartments Single-use properties Urban land develop. Office buildings Industrial Convenience stores
Slide 9: A Tradition of Exceptional Service Chesterfield Mortgage Investors began serving clients in 1999, backed by fifty years of experience. The firm was founded by Robert Chesterfield, a leader in the real estate lending industry since 1948. PHONE: 206-464-8770, or toll-free: 1-877-352-7881 FAX: 206-464-9592 E-MAIL: info@cmiseattle.com OFFICE: 1001 Fourth Avenue Plaza, Suite 3313, Seattle, WA 98154 EXECUTIVES: Charlie Chesterfield, President: cc@cmiseattle.com Marty Hunter, Vice President: mh@cmiseattle.com
