Private Mortgage Fund, LLC

Private Mortgage Fund, LLC ('PMF') is a privately funded lending source which fills the gap for borrowers unable to obtain conventional financing. Despite a loosened credit environment, there are still a variety of reasons why a borrower will need the form of financing we provide. Our main criteria is to lend against properties only located in California, to be in 1st position only and not to exceed 60% loan to value. Our mission is to create safety for our investors while providing an attractive yield. To achieve this, we do look at the strength of each borrower, however, our main focus is that there is no less than 40% equity remaining after our loan has been made.