Barksdale Financial Associates LLC
 Private Mortgage Lender

Wholesale, Rehab & Investor Loans

Fast Closings

Low Fees

No Appraisal/Survey

Florida Land Trusts  

Barksdale Financial Associates LLC offers fast closings, low rates and dependable, reliable service.  You will find our rates, terms, and underwriting criteria are reasonable.  Once you are approved with us you can safely bid on your properties knowing you have the full support of your lender. 
 
Basic Investor Loan

Basic Investor Loan

Our basic investor loan has been found to fit the needs of most investors:

  • No loan-to-value ratio.  BFA  will fund up to 100% of your purchase price.
  • Low fees.  One and a half points plus $500.00 charged at closing.
  • No appraisal, survey, termite inspection, or junk fees.
  • No prepayment penalty.
  • Interest only payments at 16%.
  • Short term.  Thirteen month balloon.

Note:   To calculate your monthly payment, multiply your principal loan amount by 1.333%.  Example:  if your loan is $100,000, your payment would be $1,333.33 per month.  Your per diem interest is 0.04444% per day.