Forest Ridge Capital's Private Lender's Network™ (PLN) consists of Individual Investors, IRA's, Trusts, Pension Plans, LLC's, Corporations, etc. The PLN is setup to fund 1st Position Trust Deeds, also known mortgage loans. When an investor becomes a Member of the PLN, they become a "private lender" and gain access to high quality mortgage loan investments through Forest Ridge Capital. The invested monies are secured by loans on residential & commercial investment real estate properties in pre-qualified markets throughout the US. Lenders are placed directly on the note & deed of trust which can be fractionalized among several lenders or wholly funded by one lender. This is a passive investment opportunity for the Lender; Evergreen Servicing, LLC is the Servicer for the PLN and manages all loan servicing functions including payment processing, property insurance & tax management, construction control, payoffs, defaults and other servicing matters. The short terms loans are typically 12-18 months with interest only payments due monthly. Interest payments are distributed monthly to Lenders.
The loans must meet strict underwriting and due diligence requirements administered by Forest Ridge Capital. All loans funded through the PLN are individually processed and fully underwritten before funded. Forest Ridge Capital endeavors to only fund loans that will perform to the high standards the company has established for the PLN in order to maximize the stability of the cash flow and rate of return for Lenders in the PLN. Lenders will pay no buying/selling commissions or fees to lend money through the PLN. All commissions and fees associated with the origination and servicing of the loans are paid by the Borrower. Lenders should consider their investment in a mortgage loan as illiquid for a minimum of the term of each loan they fund (typically 12-18 months).
The Servicer's income is derived from upfront fees, loan servicing fees paid by the Borrower such as, servicing fees, late payment fees, escalated interest fees and others. For example, a loan may be originated at 14% to the Borrower and 12% is passed on to the Lender with a 2% servicing fee paid to CS Capital Funding. Lenders can achieve 10-12% returns through the PLN and the income is characterized as interest income to the Lenders for taxation purposes.
General PLN Information
Frequent Opportunities on a Loan by Loan basis.
Total PLN Raise:
Capital is Raised as Needed
No Qualification Limits
Loan Servicing Company:
Forest Ridge Captial
Minimum Investment Amount:
Target Return to Lenders:
Interest to Lender:
Minimum Term to Lender:
As Long as Loan Runs
Types of Mortgage Investments:
First Lien, Interest Only, Trust Deed loans secured by a deed of trust securing Promissory Note personally guaranteed by the principal Borrower/s.
Term of Loans:
Generally 12 to 18 months
Interest Income (Ordinary Income)
For more information, call 800-297-4747, or click here to contact us.
To see if you qualify please click here: Investor Questionnaire