Fairfield Financial Services, Inc. - Private Money Loans, Lending & Borrowing

Submiting loans

Sample loan

Tuesday, October 23rd, 2018

Clay Sparkman Here is an example of a loan that we recently placed. We like to give samples from time to time.  Not only does this give borrowers and brokers a better idea of the kinds of things that we do, but it also gives them a nice working format for presenting new loans. Kristopher […]

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Rehab and construction loan FAQ (revised) – a blog

Thursday, December 15th, 2016

Clay Sparkman Here is an updated version of Fairfield’s Rehab and Construction Loan FAQ. One of the most promising areas, at the moment, for real estate investors and brokers, by all indications, is REO, rehab, and quick flip of properties. The opportunity to buy distressed properties at a low price point is evident in many markets. […]

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The art of the summary

Tuesday, July 5th, 2016

Clay Sparkman The Art of the Summary Between phone calls, emails, and on-line submissions, we receive a tremendous number of loan requests. It’s pretty common for these loans to have tight deadlines, so here are three ways to speed up the process. 1)      Use the on-line proposal form and provide all the applicable information.  This form […]

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Fairfield Financial – rehab and construction loans

Wednesday, March 26th, 2014

Clay Sparkman As a follow up to my recent posting (Fairfield Financial – getting to know us), I am posting a similar resource, but one that is dedicated solely to rehab and construction loans. Since this is our sweet spot, I thought it would be appropriate to share this as well. We work with many […]

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Fairfield Financial – getting to know us

Thursday, March 20th, 2014

Clay Sparkman I am often asked to give potential brokers or borrowers a run-down on Fairfield Financial. What kinds of loans do we do? What is our process? What is our tme-line? what are our terms? That kind of thing. Verbally it takes a good hour to cover all the basics, so we at Fairfield […]

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Are hard money loans worth the hassle?

Thursday, January 23rd, 2014

Clay Sparkman I apologize for being so long between blog posts as of late. I was in Chile, with my family during the holiday, and I can tell you: it is hard to think of interesting blog posts when it is 80 degrees and sunny every day. I came across the following post by Brian […]

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Private money – another perspective

Thursday, August 22nd, 2013

Clay Sparkman I thought this was a nice piece on private money and finding sources, by Brian Kline. How to find Money Partners for Real Estate Investing As the real estate markets are improving, the opportunities revealing themselves, and the bank rates coming up–it seems like private money is becoming, once again, more relevant ever […]

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Loan sits on desk: how the heck do I place it?

Thursday, April 18th, 2013

Clay Sparkman If you are having trouble finding the ever elusive lenders that you need for your particular client transactions and projects, a web based tool known as Lendicom.com may be of interest to you.  The site is geared toward commercial lending (including construction, project, and development loans), and allows borrowers and brokers to sign […]

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Loans we are placing – example

Monday, April 8th, 2013

S. Clay Sparkman Every now and then I like to present one of the loans that we have placed or are in the process of placing, so that blog readers can see (a) the types of loans that we are placing, and (b) how we feel that loans should be presented. Keep in mind that […]

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Fairfield private money loans – we love to work with brokers

Tuesday, April 2nd, 2013

Clay Sparkman Fairfield Financial works hard to establish good working relationships with Loan Brokers. Though we do work directly with borrowers, we push toward being more of a wholesaler, and emphasize building relationships with professionals who can help their clients understand when private money might be an appropriate option to pursue. We will work with […]

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