Terms and Conditions
Introduction
1.1. These Terms and Conditions govern the use of thecapitalchief.com and the services provided by The Capital Chief, Ltd. as a private money lender and broker.
Eligibility
2.1. By accessing or using our services, you affirm that you are of legal age and have the capacity to enter into a contract.
Services
3.1. The Capital Chief, Ltd. provides private money lending and brokering services for real estate investment purposes.
3.2. Our services include but are not limited to loan facilitation, funding approvals, and financial consultations.
3.3. We may also promote affiliate offers from other programs and separate corporations that may not necessarily reflect our business model, or have any direct business relationships with us. We are not liable for any misconduct or misrepresentations they make.
Loan Terms
4.1. Loan terms, including interest rates, loan amounts, and repayment schedules, are subject to negotiation and agreement between the borrower and the respective lender.
Application Process
5.1. To apply for a loan, borrowers must complete the application process, provide accurate information, and submit all required documentation.
Approval and Disbursement
6.1. Loan approval and disbursement are contingent upon meeting The Capital Chief, Ltd. criteria, including creditworthiness, property evaluation, and legal compliance.
Fees and Charges
7.1. Borrowers may be subject to fees and charges, including but not limited to origination fees, processing fees, and late payment fees. Specific details will be provided in the loan agreement.
Privacy Policy
8.1. We respect your privacy and handle personal information in accordance with our Privacy Policy. By using our services, you consent to the collection and use of your information as outlined in the policy.
Intellectual Property
9.1. All content, trademarks, and intellectual property on thecapitalchief.buzzious.com
are owned by The Capital Chief, Ltd. and protected by copyright laws.
Limitation of Liability
10.1. The Capital Chief, Ltd. shall not be liable for any direct, indirect, incidental, consequential, or punitive damages arising from the use of our services or any errors or delays in processing loans.
Governing Law
11.1. These Terms and Conditions are governed by the laws of Georgia. Any disputes arising from these terms shall be resolved through arbitration in Georgia.
Changes to Terms
12.1. The Capital Chief, Ltd. reserves the right to modify or update these Terms and Conditions at any time. Users will be notified of any significant changes.
Contact Information
13.1. For inquiries or concerns regarding these Terms and Conditions, please contact us at The Capital Chief, Ltd.
Email: [email protected]
Phone: 800.915.8656
Address: 100 Tara Blvd, Loganville GA 30052
Frequently Asked Questions
Answers To Commonly Asked Questions
Is Credit The Deciding Factor In The Decision?
No. Our loans are asset-based. We base our loans on the value of the asset, not on your credit score, income, or the size of your debts. However, a high credit score can potentially get you our better rates.
Will You Lend For Both The Purchase And The Repairs?
Yes, for the right deals. If the numbers work and we think the deal will be profitable, we will loan on the After Repair Value (ARV). We recommend you have solid experience doing or managing such repair work. You will need to supply licensed contractor bids as well as meet certain other requirements. Bring us the deal and let’s discuss it.
Why Won’t You Lend On Owner-Occupied Properties?
Legal and regulatory reasons. Our current business model is to provide bridge loans to real estate investors for terms ranging from three to 24 months. As a result, it is not cost-effective for us to implement the complex and restrictive processes and rules required by regulatory agencies to do business with owner-occupants.
What Are Your Rates And Loan Origination Fees?
Our loans are asset-based and our decisions are logic-based. That means we base our decisions about funding and rates on the perceived risk associated with the property. If you have a property under contract, submit it. Our rates are competitive in the private money market but we save our best rates for our best clients. Get started today to become one of those repeat, best clients! Get a property under contract and submit it!
How Long Does It Take To Close A Transaction From Start To Finish?
Upon receipt of all necessary documentation, typically within three to four weeks, we aim to complete the process within three to four days. However, the timeline hinges on the promptness and completeness of document submission by you, the investor and your team.
What do I need for the best experience?
For the best experience, you first should have a good deal under contract, after that, ALL the necessary documents needed for the loan package should be organized and submitted within 2 days.
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