Capella Mortgage Corp. is a full service mortgage broker providing ALL types of funding for residential and commercial properties: traditional financing (which comes from banks) and private money financing (which comes from private individuals).

Private Money Financing, also known in the past as hard money, is much faster than traditional financing, and requires much less paperwork. Hence, the fees to get a private money loan are typically higher, and the interest rate is higher also. Usually the loans require interest only payments, and sometimes the payments can be included in the amount of the loan, as well as the fees.

Typical rates and fees on private money loans in Southern Nevada range from 10-16% interest and 3-6 points. These rates and fees are set by the individual brokers and investors and are determined by the amount of risk on the loan. Since the funds do not come from a bank, the underwriting guidelines are flexible.

Capella's goal is to provide our borrowers and investors with fast and efficient service. Loan sizes can be as small as $12,000 and as large as $10 million and all property types are considered. .Click Here To Find Out More About Private Money.