Gold Mine Bank

Welcome To Gold Mine Bank Financial Partners

INTERNET BANKING PLATFORM

About us

Gold Mine Services

Gold Mine Bank is much more than a bank. It’s a place for people to find true partners for their business. It’s a place where seasoned professionals give clients unmatched service and advice that better their financial well-being. And it’s a place where people love coming to work every day. Explore these sections to get a sense of our firm – what we believe, what we do and how we do it so well.

Gold Mine Services brings together an experienced and diverse group of talented and dedicated professionals with a specialty in real estate investment. As a result, our borrowers rely on the skills, experience, and knowledge of a management team that truly understands all facets of real estate lending.

WHO WE ARE

Our vision is to be the best financial services firm and the best place to work in the Southeast. This is the place for our mission, vision and values, and how all of them come together to form our business strategy.

THE Gold Mine Bank STORY

The story of how Gold Mine Bank came to be and found success is best told by answering the most essential question: “Why?”.

Testimonies

Gold Mine Bank assisted us in acquiring $2,600,000 in funding which without Mark none of this would have been possible. Thank you!!
Kathy M, California

I plan to make $934,000 on my very first flip! I can’t believe it! I have been wanting to invest in real estate for quite some time now, however, until I came across Mark, I just never had the money to be able to do it. It may sound cliché, but they honestly changed my life.
Susan A, Nevada

I worked with Gold Mine Bank! last year I received $1,530,200 in funding, all of which was at 4% for at least the first year. I am now earning $1,800 in monthly rent revenue and on the lookout for more properties to grow my real estate portfolio.
Daniel B, Wisconsin

As a Real Estate Investor, I wanted to take advantage of foreclosures and short sales, and I applied with Mark and achieved over $5,215,000 in credit lines, most at 4% for 12-15 months. This has allowed me to purchase 5 additional properties with significant cash flow.
Paul G, Nevad

we are unique

We have a competitive advantage over other lenders because loans can be underwritten and funded in a fraction of the time that it takes traditional lending sources.

ONLINE BANKING

Refinance

Our refinance program allows you to improve your current rate and term or cash-out the equity of your investment property to use towards the purchase, remodel or other business expenses of another investment property.

Our refinance program is a quick solution to get much needed cash in just 7-10 business days!Donec id elit non mi porta gravida at eget metus id elit mi egetine. Fusce dapibus

COMMERCIAL LOANS

Commercial program for all of your commercial needs, whether it’s for some quick cash or if your looking for strong market rates! Our program goes Nationwide and is really flexible…..

We underwrite both private and/or traditional programs. We have Stated Fixed Rates with 30 year amortizations, No Taxes, No W-2 and No 4506T.

MULTI FAMILY LOAN

Use our Multi-Family program for all of you apartment needs, whether it’s for some quick cash or your looking for strong market rates!.

We lend Nationwide for 5+ units and underwrite everything from private money to your standard multi-family traditional programs.

RESIDENTIAL FIX & FLIP

Ideal for a real estate investor who wants to buy an under market valued property, fix it up and then resell.

We finance the purchase of a new property plus give 100% of the rehab funds! In just 7-10 business days, we can close a loan on the purchase of a new property and then finance all of the rehab expenses.

Work process

Step by step

Loan Process

Step 1. APPLICATION

Borrower will be required to submit a formal application by filling our simple loan application form. We will quickly evaluate your loan request and send you a quote.

*Lock in Rate: If borrower agrees with the repayment quote sent, borrower will sign to lock in rate (negotiable).

Step 2. DOCUMENTATION

*Document: Borrower will send documents already listed above. Documents will be reviewed for loan approval.

*Sign Loan agreement contract: Borrower will be required to sign a loan agreement contract.

Step 3. DISBURSEMENT

*Loan origination cost: Borrower will be required to pay loan origination fee (one point) as compensation for processing a new loan. (Only applies to
first time borrowers).

*Funding: Loan funds will be wire as per borrower’s discretion.

Step 4. CLOSING

CLOSING: Typically 3-7 business days after submitting an application.

We will work to accommodate a quicker closing if necessary.

FROM OUR BLOG

FUNDED PROJECTS

Recent Commercial Real Estate Finance Transactions. As a full service real estate firm all underwriting is done in house with a bottom-up approach focusing on asset value and a defined exit strategy.

$75,250,000

Refinance
Retail
Various – CA, TX, NM, NV

$25,800,000

Acquisition
Hotel
Salt Lake City, UT

$20,750,000

Refinance
Hotel
San Diego, CA

$9,900,000

Acquisition
Office/Medical Office
Henderson, NV

$29,000,000

Acquisition
Office
White Plains, NY

$4,190,000

Acquisition
Office
Tampa, FL

$13,700,000

Acquisition/Renovation
Multifamily
Springfield, MA

$7,725,000

Refinance
Multifamily
Pasco, WA

LOAN APPLICATION

LOAN TERMS & CONDITIONS

* Lending Programs: All types of loan.

* Loan Size: $500,000.00 – $50M +

* Interest Rate: 4%.

* Term: Short & Long-Term program tailored to fit different loan scenario (6 months – 15 years).

* Repayment Type: Interest Only.

* Loan-to-Value/Loan-to-Cost: Up to 70% of Stabilized Value

* Origination/Exit Fee: 1-4%

* Security: First Mortgage Lien or Deed of Trust.

* Assignment of Payment Protection Insurance Policy / Loan Protection as Collateral.

* Recourse: Recourse and Non-Recourse are available.

* Collateral: Collateral and Non-Collateral. All Commercial RE Property Types, including Specialty Uses and Land.

* Down Payment: Borrowers are subjected to make a down payment at closing (refundable).

Apply

APPROVAL REQUIREMENTS

Loan approval is subject to verification of all information you provide and satisfaction of various conditions including, but not limited to the following: Scanned copy of any Government Issued Identification (front & back).

Scanned copy of a recent utility bill carrying your residential address.

Fully executed purchase agreement (if applicable)

Property appraisal (If applicable)

Past 24 months of residence with complete address Length of Time at each residence

Name and address of landlord (if renting)

Employment History (if applicable)

Employer’s names and address for last 2 years Current Pay Stub

Dates of Employment Two Years of W-2s (most recent).

If applying as an Entity, provide Articles of organization.