Welcome to Money Source of America
Simplifying the Commercial Lending Process
Our Mission Statement
Our mission here at Money Source of America, LLC is to simplify the commercial lending process. To provide real estate investors, developers, contractors, realtors, individuals, and business owners with all your commercial lending options all in one place. Callaway Financial Group syndicates individual and institutional private money investor funds and use them to fund mortgage notes. We offer residential and commercial lending options that are fast, flexible while alleviating the typically drawn-out loan process and providing you with outstanding customer service. Our Corporate Office is located in Sheridan, Wyoming with satellite offices located throughout the United States with over 36 years of experience in the financial services industry, we feel you have come to the right source.
We are not matrix lenders and every private money deal is different. We look at all factors in a deal and make our own decisions. Some of the factors include the asset, type, value ratios, borrower experience, background, credit score, exit strategy, and ability to payback. To start the process fill out the online Loan Proposal Summary on larger commercial projects please submit a well-written executive summary.
Our Flagship Residential Short Term Programs
Private Money Residential Purchase w/ Rehab No Docs
No Asset, Reserve, Income Verification's, No Sourcing of funds Payments included in loan all draws advanced.
We provide money to purchase and renovate residential investment 1-4 unit properties. On our Flagship program, we will lend up to 100% of the Purchase & Rehab up to 75% ARV with built-in interest payment reserves and front-loaded draws. We do not require, assets, reserves, or income verification and we do not source money needed to close. Straight purchase no rehab funds available 80% LTV Once we receive the loan proposal summary we will review, approve, and issue you a term sheet usually in 24 to 48 hours. Read More
100% Short Term Documented Program
New Increased leverage and draw advances
Will fund 100% of the purchase and rehab, refinance w rehab, and new construction up to 70% ARV. with advanced draws. Residential 1-4 units, 50/50 Mixed-Use Properties. LTV tiers are based on credit score and documented Income for cash flow purposes. Full and Lite Doc available. Not available in all states. Read More
Private Money Refinance w/ Rehab No Docs
We will refinance an investment property you currently own and provide the funds to rehab or finish a rehab project up to 75% ARV. All costs including payments is included in the loan. All draws inducing advanced including your first which you receive at closing. Read More
Private Money Construction/Spec Programs
Introducing Our New Flagship Residential 1-4 Unit Ground Up Construction product 90 % LTC, 75 % ACV, payments included, No Docs and advanced draws, one or multiple properties. 100% Options available. This is a unique approach to ground-up construction. Read More
Private Money Cash Outs No Docs
Be Your Own Bank!
Own commercial or residential investment properties that have equity in them? Need cash quickly to buy other properties or start a business? We offer short term private money cash-out loans up to 80% LTV. Rates starting at 6.99%% 1 to 4-year terms. Many of our loans close in 10- 15 days, NO seasoning, NO credit score requirement, the property can be listed, NO docs, and yes sometimes NO Appraisals. Click Get Approved fill out Loan Proposal Summary get reviewed and approved by our loan committee and funded in as little as 10 days. Read More
Featured Construction/ Spec Recent Transaction
Recently funded 7 New construction properties in South Florida. 90% LTC 68% ACV.
Our Flagship Long Term Residential Rental Programs
With our Flagship Residential Investment long-term Rental 30 loan program we offer 30-year terms on Purchase, Rate, and Term and Cash-Out Refinances. We have No Title Seasoning, No asset, income, or reserve verifications, and will go up to 85 % LTV. Rates as low as 3.875 % with buydowns available. Credit scores down to 620, with low to no DSCR requirements. Read More
Private Money Rental Portfolio Programs
Our portfolio loans are funded directly by private money portfolio investors and allow you to lock into long term-financing at the lowest fixed and variable rates available. You can use our loans to unlock your equity, consolidate debt, and or purchase new rental properties. Decisions and LTV are based on the rental income of the property and not the personal income of the sponsor. Rates starting at 3.875% interest only available, recourse and non-recourse available. Read More
Vacation Short Term Rental Loans
We have private money funds for your short term and vacation rental investment properties. Purchase, Refinance, Cash Out Up to 85 % LTV rates starting at 3.875% No Asset, Income or Reserve Verifications Read More
Recently Closed in May 2.5 million dollar 20 property rental portfolio in Tampa FL 4.25% Interest Only
Fix and Hold Want to purchase, renovate, and hold on to the property for a steady stream of income. We will provide your short term purchase and renovation money with our Flagship purchase and rehab NO Doc up to 100% loan and when rehab is completed your short term bridge loan will turn into our low interest No seasoning Flagship Private Money permanent financing to hold for rentals.
Private Money Asset Based
All Property Types. Purchase, Refinance, R/T and Cash Out, Loan Amounts to 5 million, 70% LTV Max ( Max LTV Based on Property Strength ), Owner Occupied OK ( Business Purpose Not Verified to 450 K ), No Appraisals, No, Income, Reserves, No Credit, 100% Gift Funds Allowed, 5 Year and Bridge Loans Available.
Our Flagship Commercial Long Term Loans
With our Flagship Commercial Flex 30 year program we provide private money permanent funding for Multi-Unit 5 +, small and large commercial properties. No seasoning, asset, income, or reserve verifications up to 75% LTV and 80% CLTV. Bankers rates without the hassle. Whether you are looking to refinance, purchase, cash-out we have your solutions. We are asset-based, income-based on the cash flow of the property and we make common-sense decisions. Read More
Our Commercial Short Term Loans
Introducing Our Flagship Short Term Apartment/ Multi-Unit Program
We now have short term direct private money funds for Multi-Unit 5+ and Mixed-use. Funding for Purchase, Refinance, and Rehab with exit to sell or to hold. Up to 80% LTV and 100% of Rehab Read More
Commercial Bridge Loans
Multi-Family, Commercial, Mixed-Use Luxury Residential
Flexible Bridge Lending and Innovated Strategies with Accelerated Closings
Private Money Commercial Bridge loans for Purchase, Rehab, Construction Refinance, Cash-out, Expansion value-added, and distressed properties. Rates starting 6.5 % Terms 1-4 Years. Closings in as little as 10 Days. Loan amounts up to 100 million. All credit accepted, all property types, stated income, no and low doc options available. Read More
Private Commercial Agency Bank Loans
We have direct access to Private Commercial Bank and Freddie Mac Agency Funds to get your commercial permanent financing. Direct CMBS, Freddie Mac SBL, Bridge to Agency, and government back programs such as SBA, USDA, EB-5. and JV Equity Partnerships. Send in your well-written executive summary today and get your deal reviewed by our Agency commercial loan committee of Private Institutional, Commercial, Bank, and Hedge Fund Investors. Read More
The Callaway Family with over 100 years of experience in Banking and Finance has a reputation that is unmatched.
We Would Like to Bring You This Message of Hope
Submit a Loan Proposal Summary use one of our interactive tools, read our informative articles, watch our instructional videos, or contact us 877-243-3432.
The Money Source Team!
"Simplifying The Commercial Lending Process"
Keywords: Private Money for fix and flips, Online Approvals, Hard Money, Commercial Bridge Loans, Cash Out, No Seasoning, Commercial Mortgages, Direct Commercial Lending, Direct Private Money, Nationwide Private Lenders, Real Estate Investor Loans, Commercial Real Estate, Residential Investment Properties, Rental Mortgage Loans, Short Term Bridge Loans, Permanent Rental Loans, Investment Loans, Fix ans Hold,Refinance,Purchase,Spec lending, Construction Loans, Distressed Properties, Contractors, Real Estate Developer, No Doc Fix and Flip, Commercial NO Doc Loans, Multi Family Financing, Mixed Use Properties, Office Property, Purchase and Rehab.
We have the ability to lend Nationwide and are currently funding in cities such as Jacksonville,Miami,Orlando,Florida, Los Angeles, San Diego, San Francisco California, New York City, Syracuse, New York, Atlanta, Savannah, Georgia, Charlotte, Raleigh, North Carolina, Richmond, Virginia, Newark, Jersey City, New Jersey, Portland Oregon,Baltimore,Maryland. Washington DC, Detroit Michigan, Denver, Colorado,Philadelphia,Pittsburgh Pennsylvania, Greenwich, Hartford, Connecticut, Boston, MA, New Orleans, Louisiana, Dallas, Houston Texas, Cincinnati, Cleveland, Ohio, Phoenix, Montgomery, Birmingham, Alabama, Mississippi, Arizona, Charleston, Greenville, Columbia South Carolina, Boise Idaho, Cheyenne, Wyoming, North and South Chicago, Illinois, Honolulu, HI, Indianapolis, Fort Wayne Indiana, Minneapolis, MN Columbia, Missouri ,Billings City Montana, and cities in between.