capella mortgage has been providing double digit
Trust Deeds..... How to Safely Earn Double-Digit Returns in Real Estate
Capella Mortgage is a Trust Deed Investment Firm
How to Research a Trust Deed Investment
Visit The Property
Back before Zillow, we had to go look at properties and research them on the Assessors website and the Recorders Page.
Figure Out How Much to Lend
We knew the sales price, so how much would we lend? If the purchase price was $200k, did we feel comfortable lending $100k? If yes, and if the borrower could prove their income, we made the loan.
Investigate the Borrower
Pull credit, get 12 months of bank statements, two years of tax returns, business documents, background checks. This is what the broker does, but the investor has the right to see everything.
Get a Title Policy
Open escrow and request a title insurance policy. Find out who the owner of the property is. View the purchase contract, review the escrow documents, and get a CPL.
Sign the Investor Loan Documents
In Nevada, investors have to sign their own set of documents, as well as review the borrower's loan documents.
Wire The Money
If you are making a loan, you have to wire the loan amount to escrow, so escrow can close the deal. Once the loan closes, you start collecting interest from day 1.
Our Team
Manager
Capella Mortgage Corp has extensive experience in every type of mortgage loan: conventional, commercial, land, construction, Fannie, Freddie, SBA. However, since the Great Crash, Capella has focused almost exclusively on providing high quality trust deeds to our ever-growing list of private investors. Capella Mortgage policy is different than the vast majority of private money lenders, in that we collect all income documentation for every type of loan and pull credit and background checks on every borrower, not just consumer purpose (owner occupied loans). We provide full disclosure packages on each loan, and our investors have access to the loan documents collected on each borrower through our private portal.
Corinne Cordon
Corinne is the founder of Capella Mortgage Corp., and with her two sons, they originate private money loans across the United States. She has a Bachelor's Degree in Business and Computers from UNLV and has been originating loans since 1996.
Matthew Dale
Matthew started working for Capella Mortgage in 2010 and quickly took over the management of the investors, followed by origination, and then becoming the broker and part owner of the company in 2015.