4 min read
Ted Spradlin: Nov 17, 2023 11:47:19 AM
During the second half of 2023, a number of commercial real estate investors have inquired with FCTD about getting hard money second mortgages, to be used in the same manner as a preferred equity investment. They planned to use the additional...
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3 min read
Ted Spradlin: Sep 6, 2023 6:54:17 AM
If you’re a real estate investor or business owner seeking fast financing using your primary residence as collateral, this article covering the five...
1 min read
Ted Spradlin: Sep 2, 2023 3:40:57 PM
No, FCTD does not offer hard money second mortgages to satisfy divorce settlements. These are considered consumer purpose loans, for personal and...
3 min read
Ted Spradlin: Sep 2, 2023 3:16:15 PM
I had a loan scenario come in through the website in 2022 where a non-military veteran was assuming a Veterans Administration (VA) loan, and needed a...
1 min read
Ted Spradlin: Sep 2, 2023 2:54:31 PM
FCTD has a minimum loan amount of $150,000 and will not consider a $20,000 hard money second mortgage. Smaller loans are often more time-consuming,...
1 min read
Ted Spradlin: Sep 2, 2023 2:40:37 PM
First Capital Trust Deeds (FCTD) doesn't provide hard money second mortgages for home improvements, if the property being used as collateral is a...
2 min read
Ted Spradlin: Sep 2, 2023 2:29:45 PM
First Capital Trust Deeds (FCTD) does not offer hard money second mortgages for personal debt consolidation, even to bring up credit scores in order...
4 min read
Ted Spradlin: Sep 2, 2023 2:07:26 PM
The short answer is, “No, we do not offer hard money second mortgages for Chapter 13 bankruptcy buyouts.” The long answer is more detailed, which...
4 min read
Ted Spradlin: Sep 2, 2023 1:41:09 PM
If you're seeking a hard money second mortgage to cure the foreclosure action on the owner-occupied first mortgage secured by your primary residence,...
2 min read
Ted Spradlin: Aug 26, 2023 11:54:07 AM
When you're in the world of real estate financing, navigating all the options can be a maze. Among the many choices, hard money second mortgages have...
