Experience and Specialization |
| Eastern Mortgage Company is a full service equity lending specialist, which for over 45 years, has been involved in the origination, servicing and investments in Trust Deeds and Mortgages throughout California. We are extremely innovative and progressive in lending under circumstances which are beyond and above the reach of today's conventional lenders. |
Flexible Rates and Terms |
| Eastern Mortgage Company will make loans with terms between 3 months and 7 years against any real estate which contains adequate equity. The Borrower's financial circumstances and credit rating are secondary. The amount of paperwork required from the Borrower is extremely limited. Accomodating the Borrower's needs and making the requested loan quickly and efficiently are the main goals at Eastern Mortgage Company. Our loan amounts go from $25,000.00 to $10,000,000.00, and each loan is handled on a case-by-case basis with rates ranging from 10%-16%, with payments made to suit the borrower, either amortized or interest only. All loans generated by Eastern Mortgage Company come with NO PREPAYMENT PENALTY, thus should the borrower desire to payoff all or part of the loan before the maturity date, this can be done without being subject to any monetary penalties. |
Service First |
| One major advantage which Eastern Mortgage Company provides to every borrower is the complete package of services under one roof. With an in-house legal department, appraisal company and escrow, the borrower is able to receive the highest quality of service, with the lowest cost available. With these services available, we charge NO upfront or junk fees. We make every attempt to limit expenses for the borrower, which when charged by our competitors, may be substantial and excessive. We will do everything possible at Eastern Mortgage Company to make sure that your loan experience goes as smooth as possible. That means personalized service, which is unmatched in this industry, as well as fully automated processing which means loan approvals are obtained within hours, not days. Of course, our "deal-clinching" competitive rates are exactly what you should expect from a mortgage company who has continued to be a leader in the real estate lending business for over 45 years. So, if you are looking for the most direct, sincere and professional path from contact to closing, make Eastern Mortgage Company your first choice. |
Purchasing Notes |
| Eastern Mortgage Company is also very interested in purchasing secured Real Estate Notes and Trust Deed held by individuals, entities and/or financial institutions. We will entertain the purchase of loan portfolios up to $10,000,000.00 from investors and financial institutions. Upon a price agreement, the purchase can be funded in an extremely quick fashion, usually in a few days, and pay all cash for the Notes(s), as long as all basic paperwork and title matters are in order. We have extensive experience in this field and our internal operation is well-suited to quickly and efficently responding to all incoming inquiries. |
Investing |
| We are always happy to speak to prospective investors who may be interested in Trust Deed Investment. For many, Trust Deed Investment is a way of investing never known. The return on this style of investment can be extremely profitable and much less worry then conventional styles of investing. Please feel free to contact our office to discuss how investing in Trust Deeds can work for you. |
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Eastern Mortgage Company
4751 Wilshire Blvd., Suite 203 |
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Los Angeles, CA 90010 |
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Toll Free: |
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Phone: |
323-651-2100 |
Fax: |
323-651-0743 |
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