Rand L Miller, Mortgage Manager
Rand L Miller has been financing Real Estate since 1987. He has worked through the good and bad times that the real estate market has experienced. Regardless of the ups and downs he has worked at finding ways to finance real estate projects regardless of the state of the economy, real estate value crashes, real property inventory surges/drops, tight money markets, or times of overly restrictive underwriting guidelines.
Currently we are experiencing the fallout after the real estate bubble burst. But these hard times have been expected since 2005 and prior. So it's important to not bury your head in the sand, but to make the best of the situation, use the available resources to continue making progress toward your goals. Business and building has to continue, so with this in mind Rand Miller is continuing to find ways to finance real estate projects in these rough times. Financing with a wide variety of funding sources ranging from nitch banks, specialty mortgage funds, and private investors.
Although times are tough, these times are similar to the real estate market crash of 1990, where huge real estate portfolios changed hands from those who couldn't afford to those who could. We are helping people on both sides of the fence. Helping people save their homes and investment properties, and helping new investors purchase and develop defaulted mortgaged properties. These are the times that make millionaires into multi-millionaires.
So regardless of your situation, if you need financing to purchase or refinance real estate, submit your Online Inquiry, we will do our best to help you accomplish your real estate goals.
Rand L. Miller founded Atlantic Security Financial in 1991 as Managing Broker. He is a "hands-on manager" meaning that he prefers to work directly with his mortgage clients. More...
He is known for providing his clients with low interest loans. He studies the market daily making sure his clients enjoy the best rates that the mortgage industry offers. He has fine tuned his skills at providing a variety of specialized loan programs to include:
- A Credit Loans to All property types
- Residential
- Stated Income Loans
- Low Downpayment Loans
- Bad Credit Loans
- After Bankruptcy Loans
- Veteran Loans
- Private Hard Money Loans [all properties]
- 1st Mortgages
- 2nd Mortgages
- Helocs
- Commercial Private Money Loans
- Multi Family Apartment Mortgages
- Mixed Use Mortgages
- Rehab Loans, Fix and Flip loans
- Construction Completion Loans
- Cross Collateral Loans
- Land Loans
About half of his clientele are "Good Credit Borrowers" whereas the other half are "Bad Credit Loan Borrowers". CPA's, Attorneys, and Financial Planners regularly refer clients to him, clients who have sophisticated and difficult loan scenarios. His clients include the self employed to CEO's of small to large corporations who are in need of sophisticated investment financing and those affluent clients who have complex financial situations.
As a Veteran he has proven since 1987 that he is one of California's leading Veteran Lending Managers. He is devoted to helping veterans achieve their dream of owning a home. Daily he consults Veterans on how to finance real estate with the VA loan as well as all the other loan programs available to Veterans. His thick file of "thank you letters" and "letters of recommendation" from past clients speak volumes of the quality of service he offers his clients. Military Experience: 1/75 Ranger
If you are in need of a mortgage loan whether you are a seasoned investor or a first time home buyer, you will appreciate Rand L. Millers personal service and candid advice. You can count on him to give you straight answers to the tough questions regarding your real estate financing needs. Either email or call him today, or compete the Online Inquiry form he will respond with answers and solutions that you will appreciate.
Military Experience: 1/75 Ranger
Rand L. Miller began his career in Real Estate Finance in 1987 upon being honorably discharged from the U.S. Army. His military service of four years consisted of serving in the coveted 1/75th Airborne Ranger Battalion during 1983-85. During which he served during the Battle of Grenada - Urgent Fury. His platoon participated in the fiercest fighting of that battle incurring the most casualties. Three of his special operation team members including his team leader and roommate were killed during the Battle. He was quickly promoted to Special Operations Gun Team Leader due to his determination, leadership ability and his "can do" hard work ethic.
After completing two grueling years with the Rangers he was selected along with 6 other Rangers to develop the West Coast 7th Infantry Division Air Assault & Rappel Master Courses. During these remaining two years of service he was promoted to Sergeant and he trained over 5900 infantryman on Pathfinder, Air Assault, Rappel Master, and Light Infantry operations. He was honored to serve his country.
General Loan Details
The below guidelines are a brief description of the wide variety of loan programs that we arrange. Our funding sources for real estate loans include private investors, nitch mortgage funds, small banks, and hard money mortgage funds.
- Property type: Residential, Commercial, Apartment, Mixed Use, Land, etc
- Transaction types: Purchase, Refinance Loans, 2nd Mortgages, Equity Lines
- Credit Scores: 850-350 Fico scores, and no credit scores
- Loan to Value: Good 95-97%, problem 75%, bad 65% *
- Loan Amounts: $50,000 to $5 million [$20,000,000 special fund]
- Income Doc: Full, Alt Doc, Stated Income *
- Loan Type: 30 Yr Fixed rates, Adjustables
- Loan Terms: All loan terms available, 1 year to 30 years
- Time to Close: 7-14 days rush, 21-30 days depending on complexity
- Cross Collateral Loans: We can blanket a variety of property types *
- Construction: Construction Completion Loans and rehab loans ok *
- Bankruptcy: Recent or Open Bankruptcy ok *
- Foreclosure: Recent or Open Foreclosure ok *
- Judgements/Tax Liens: only paid if they affect title *
- *(certain programs, depends on credit score and loan to value)
Do you have a loan scenario that doesn't seem to fit within the above guidelines? Submit your scenario to us through our secure online submission form. We will review your details and see if we can help provide you with the mortgage loan program that you need.
Contact Us, Submit your Scenario
We have been financing problem credit loans since 1991. We look forward to financing your difficult situation, your dreams and goals.
The below are key words to help you find our site:
- We provide hard money loans on all property types.
- Financing bad credit loans since 1987.
- We use private investors to fund our bad credit home loans.
- Loans for people with bad credit equals the loan terms are reasonable for the circumstances.
- Bad credit mortgages usually have terms that range from 1-5 years.
- Poor credit loans are temporary fixes, use credit repair to improve your credit.
- Construction completion loans in this mortgage climate usually can only be funded by hard money loans.
- Hard money commercial loans we arrange funding with hedge funds and private mortgage funds.
- For commercial hard money to work, there needs to be at least equity and cashflow helps.
- We fund hard money residential with either 1st or 2nd mortgages.
- Our hard money private loans are funded by private investors.
- We have subprime and hard money loan programs to fund problem credit loans
- Sometimes to fund hard money transactions we use cross collateral loans.
- Our hard money lenders consist of private investors, hedge funds, mortgage banker funds.
As mentioned, the statements above are just intended to help people find our website.
Testimonies
- M. Cohen, Los Angeles, CA
I can't thank you enough really. You were incredibly helpful, always answered my questions promptly, and were easily accessible. In fact, Rand, your service was probably better than any service I've received by any individual representing a company in years. I don't know how you manage to do it... Keep up the good work, and expect to hear from me next time I need loan services. Thank you VERY much.
- S & R Kerr, Angels Camp, CA
I must say, I was extremely happy with your service. Your dedication to getting me a loan far surpassed anyone I've worked with in the past. Your relentless search payed off for me and I think you for the effort. You're the pitbull of brokers. You were easy to deal with and never made me intimidated in the process. Your persistence really helped me to "dodge a bullet", so to speak and I'll be forever grateful.
- S. Bender, Staatsburge, NY
The house is great!!! Todd and I are so happy!.. Thank you so much for all your help!
- E. Hernandez, Commack, NY
I want to thank you for all the work you did to get me this loan. You were honest, upfront, and always responded back when I had questions. I will refer you when ever someone is seeking a loan.
True Stories
Success #1 - Construction Completion Loan
Richard was out of money, with bad credit and needed a construction completion loan. More...
We quickly reviewed his situation, he couldn't go full doc because he was a self employed contractor. His credit scores was 564. Fortunately he did have equity in the project. It was a spec house on 40 acres in Northern California, unfortunately it was rural. He tried many lenders but none would help him because, incomplete construction, stated income, 564 fico, bad credit, rural, etc...
We issued him a $300,000 new 1st mortgage this loan was a 12 month term. That fixed his problem real quick. Upon receiving the money, he started back on the project, and now he is marketing the house to sell. He is also looking for his next project and knows where to get his financing.
Success #2 - Commercial Refinance Loan
James wanted to refinance his Commercial Loan More...
His current payment was about $10,000 per month. After we studied the different loan options he chose a 7.125% 10yr fixed that rolls to an adjustable during the remaining 20yrs. Prior to closing I was able to get the underwriter to shave a little more off the rate so we funded at 6.875%.
His new monthly payment is $5100. This payment and new loan included giving him $200,000 in cashout to take care of property improvements and give him extra money to take care of some other matters. He was very happy.
Success #3 - Stated Income Refinance
Emma wanted a cashout refi $500,000 Stated Income More...
Not a problem, she faxed us the required paperwork real quick [recent mortgage & insurance statements, property tax bill and signed loan disclosures]. We immediately started processing the loan.
Strengths/Weakneses: She had equity, but no cash reserves that we could properly document so we had to state her assets also. Stated Income and a credit score that was somewhat low. Fortunately the loan closed easily, so we helped her get her cashout refi with a good low 30 year fixed rate. She was happy.
Success #4 - Private Money Loan
Raj needed a $3 million stop forclosure refi More...
We immediately accessed the situation, emailed him a checklist of items to fax to us. He promptly faxed all items and emailed us photos of the property. We verified the value with comps, contacted one of our private investors and explained the details to him. That weekend our private investor inspected the property and the comps and determined the value was questionable. Raj had another property with some equity so the investor agreed to cross collateralize the properties. Funds were made available within 2 weeks.
Stated Income Loans
Many people can't rely on their tax returns to prove whether they can afford a mortgage. The self employed and many real estate investors fall into that category. That is where our stated income loan programs comes into play. If you don't want to show your tax returns or paystubs, you don't have to.
- Stated Income/Verified Assets - We state your income [we don't verify income], we verify your assets [your bank acount, investments, 401k, IRA's to verify that you have cash reserves] underwriters like cash reserves, it shows you have the ability to save and assures the underwriter you have cash on hand to make future payments, if you have income problems.
- Stated Income/Stated Assets - We state your income [we don't verify income], and we state your assets [we don't verify your bank accounts, or investments, 401k, IRA's].
We look forward to helping you accomplish your real estate loan needs, dreams and goals.
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