{"id":730,"date":"2016-05-13T09:04:18","date_gmt":"2016-05-13T16:04:18","guid":{"rendered":"http:\/\/privatemoneysource.com\/blog\/?p=730"},"modified":"2016-05-13T09:04:18","modified_gmt":"2016-05-13T16:04:18","slug":"into-the-mainstream","status":"publish","type":"post","link":"https:\/\/privatemoneysource.com\/blog\/?p=730","title":{"rendered":"Into the mainstream"},"content":{"rendered":"<p><em>Clay Sparkman<\/em><\/p>\n<p>I thought that this recent article in <span style=\"text-decoration: underline;\">The National Real Estate Investor<\/span> would be worth sharing with the private money investors in this group<em>.<\/em> It certainly rings true with those of us at Fairfield, as we have had to work with our investors to adapt our programs and strategies to a changing market (becoming more competitive in whatever ways possible without generally taking on a significantly greater deal of risk).<\/p>\n<p><a href=\"http:\/\/nreionline.com\/finance-investment\/private-real-estate-lenders-move-mainstream\">Click here<\/a><\/p>\n<p>Our median rate has dropped from 13% to 11% and we are more flexible on points. I also feel that we should consider lending up to 70% LTV for strong loans. (Currently most of our loans are at 65%.)<\/p>\n<p>Please weigh in and give us your opinion on any of this.<\/p>\n<p>Thanks,<\/p>\n<p>Clay<\/p>\n<p>&#8211; Clay (clay@privatemoneysource.com, 503-476-2909)<\/p>\n<p><em>Clay is Vice President of Fairfield Financial, a primary source                       for private money loans since 1964.\u00a0 Fairfield works     with  a        broad       range     of private money investors, in a     broker      capacity,     finding,         underwriting,   presenting,    closing,      servicing, and    when   necessary,         assisting in    the  workout  of     difficult loans.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Clay Sparkman I thought that this recent article in The National Real Estate Investor would be worth sharing with the private money investors in this group. It certainly rings true with those of us at Fairfield, as we have had to work with our investors to adapt our programs and strategies to a changing market [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_s2mail":""},"categories":[2,7,8,15,21,22,26],"tags":[37,40,41,42,45,49,50,51,54,55,58,60],"_links":{"self":[{"href":"https:\/\/privatemoneysource.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/730"}],"collection":[{"href":"https:\/\/privatemoneysource.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/privatemoneysource.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/privatemoneysource.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/privatemoneysource.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=730"}],"version-history":[{"count":0,"href":"https:\/\/privatemoneysource.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/730\/revisions"}],"wp:attachment":[{"href":"https:\/\/privatemoneysource.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/privatemoneysource.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/privatemoneysource.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}