• $104,500 at 12% to Investors in the "La
Honda" Loan
• $450,000 at 13% to Investors in the "Lockeford"
loan
• $200,000 at 13% to Investors in the "Oakland"
Loan
New loans for Private Money
funding are Pending
If
you are interested in learning more about these specific
loans, please read the information below, then contact
Kevin Clay by email or phone (650) 508-4440.
Following are
a list of loans that have been funded including loan
amounts and interest rate to Investors.
| Loan Name |
Description |
Position |
Amount |
Gross Interest
Rate |
| Bush |
28 Unit Apartment Building in SF |
1st |
$350,000 |
12.00% |
| Kehoe |
SFR - Business Loan |
2nd |
$90,000 |
12.00% |
| Shastina |
18 acre Residential Development
site |
1st |
$1,300,000 |
14.00% |
| Princeton |
Ocean-front development site |
1st |
$320,000 |
12.00% |
| Bush |
Mixed Use |
2nd |
$300,000 |
12.00% |
| Pacheco |
Four Single Family Residence Development
site |
1st |
$390,000 |
12.00% |
| Calaveras |
128 acre Residential Development
site |
1st |
$300,000 |
12.00% |
| Pioneer |
40 acres with Commercial Building |
1st |
$150,200 |
14.00% |
Main St.
Stockton |
Down Town 2-story retail/office
Building Purchase |
1st |
$430,500 |
14.00% |
| St. Pauli Inn |
Restaurant near Tahoe |
1st |
$285,000 |
13.00% |
| Lockeford |
Land for Trucking Company |
1st |
$850,000 |
14.00% |
| Dreambuilders |
Two Parking Lots in Oakland for
Development |
1st |
$780,000 |
13.75% |
| Beaver Island |
Island in Northern California for
Development |
1st |
$225,000 |
15.00% |
| Pacheco 2nd |
Four Single Family Residence Development
site |
2nd |
$80,000 |
14.00% |
| Shastina 2nd |
18 acre Residential Development
site |
2nd |
$125,000 |
12.00% |
REIGN Companies’
“Private Mortgage Financing Group”
REIGN Companies’ “Private Mortgage Financing
Group” was founded by Kevin P. Clay in 2003 to act as
Manager and Originator of the
growing portfolio of Promissory Notes secured by mostly
Commercial real estate that are originated by REIGN
Financial, a California
Licensed Real Estate Broker.
Once REIGN Financial receives a formal request for Private
Mortgage Financing the due diligence and underwriting
processes are
performed. Once the Loan Request has been approved,
REIGN Financial’s pool of mostly Accredited Lender/Investors
is notified of the
Note Investment specifics and a brief Offering Summary.
At that time any interested Lender/Investor then responds
with interest in the
form of a request to receive a complete Loan Disclosure
package including all reports and due diligence documents
that have been
compiled and reviewed by REIGN Financial.
REIGN Financial then proceeds to aggregate small groups
of ten or fewer Lender / Investors that will pool funds
sufficient to finance
the proposed note investment. On certain occasions there
will be placements that allow many more Lender / Investors.
The maximum
Loan to Value on most of these First Loans is between
50 – 65% depending on property type with interest rates
that vary from 11% –
15%. On occasion REIGN Financial will place a loan in
Second position – subject to our Lender/Investors’ approval.
Kevin P. Clay has been investing in Promissory Notes
secured by Real Estate since 1995. The rates of return
have mostly varied from
10-12%. REIGN Financial & REIGN Commercial Real
Estate actively seek Owners of Commercial Real Estate
that are in the market for
this type of Private Mortgage Financing. If you would
like to find out more about REIGN Companies’ “Private
Mortgage Financing
Group” or apply to be an accredited lender/investor,
please contact us.
Kevin P Clay, Owner/Broker
REIGN Companies
650-508-4440
