Real Estate Broker, California Bureau of Real Estate – Cal BRE #01897444 – NMLS #945582
PrivateMoneyLoans.com.com is a website operated by Private Money Loans, Inc. d/b/a PrivateMoneyLoans.com. Private Money Loans, Inc. is a real estate broker licensed by the California Bureau of Real Estate.
Licenses can be verified at The California Bureau of Real Estate website http://www2.dre.ca.gov/PublicASP/pplinfo.asp
PrivateMoneyLoans.com.com only lists Trust Deeds, secured by real estate in the state of California.
Investors must be Qualified California Residents to purchase Trust Deeds satisfying the Investor Suitability standard as per the California Business and Professions Code Section 10232.45. Investors must complete the California Bureau of Real Estate Investor Questionnaire re870 http://www.dre.ca.gov/files/pdf/forms/re870.pdf to assist brokers in determining an investor’s suitability, prior to their first investment and update it annually or upon a material change in their financial situation.
The California Bureau of Real Estate Multi-Lender Exemption allows up to 10 lenders (investors) to purchase a Trust Deed. The Lender/Purchaser Disclosure Statement (RE 851A or RE 851B as appropriate) must be provided to each prospective investor, lender or note purchaser. If more than one parcel of real property will secure the note or interests, the Lender/Purchaser Disclosure Statement (RE 851D) must be provided to each prospective lender or note purchaser.