Mortgages

Mortgages

Need financing for a purchase? Need to refinance an existing property? Tierra Properties’ Mortgage Department can take the headaches out of financing. We have access to the best lenders and the lowest rates – low cost, quick close. We arrange all kinds of loans, from residential to commercial, from variable to fixed rate.

Residential Loans

Our home mortgage expert is Lynn Rivera. With wide-ranging experience in residential loans, she has the answers to questions like these:

Is there such a thing as a "no down payment" loan?

How about a "low down" loan? Will I need private mortgage insurance?

Can I qualify for a Freddie Mac loan with 95 percent financing?

How about a Fannie Mae with 97 percent financing?

How about a HUD property for $100 down? Or an FHA loan?

Does a 15-year, 30-year, or 40-year loan fit my needs?
What are the advantages of a bi-weekly loan?
I saw an ad for "no cost" loans – what’s the catch?
What about equity sharing or seller financing to reduce the size of my down payment?

Lynn handles multiple family dwellings of up to four units in addition to single family dwellings.

Commercial Real Estate

Tierra Properties can arrange loans on all types of commercial property. Our commercial real estate specialist Deke Keasbey has extensive experience in arranging loans for commercial real estate, including apartment buildings (five units and above), shopping centers, office buildings, retail stores, industrial buildings, hotels, and mobile home parks.

Here are a few examples of the types of commercial real estate financing he can arrange:

Conventional financing (new acquisitions or refinance)
Special situations (fix ups, rehabs, vacant or low occupancy buildings)
Brick buildings
Creative recourse and non-recourse loans

Here’s a recent example. A loan was arranged on 27 units built in 1964 in Los Angeles. The terms were:
25% down, new 1st Trust Deed loan, 7 ¼%, 30 years

We’re Here for You

Over the years, Tierra Properties has arranged a large number of real estate loans, and has established a reputation of dependability in real estate financing. We’re here to help you get the best mortgage terms for your property – as quickly and as painlessly as possible.

For more information on home loans, contact Lynn Rivera at (310) 477-3192, or send email to rivera@tierraproperties.com.

For investment mortgages information, contact Deke Keasbey at (310) 477-3192, or send email to keasbey@tierraproperties.com.

Find Your Dream Home! | Commercial Real Estate for Sale

Tierra Properties, 11866 Wilshire Blvd., Los Angeles, CA 90025, USA
Telephone: (310) 477-3192 Fax: (310) 478-5631
Residential sales: vargas@tierraproperties.com
Commercial sales: keasbey@tierraproperties.com
General information: information@tierraproperties.com
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