Business Purpose Disclosure
Important lending information
Business Purpose Loans Only
LoanDaddy.ai provides private money loans exclusively for investment properties and business use. These loans are NOT for owner-occupied residential properties.
Important: Consumer protections that apply to traditional residential mortgage loans do not apply to private money loans.
All properties financed must be:
- Investment/rental properties
- Commercial properties
- Non-owner-occupied business properties
- Properties purchased for business purposes
Prepayment Penalties: Most programs include step-down prepayment penalties (typically 5/4/3/2/1 or 3/2/1). Details are disclosed in your loan terms.
Business & Contact Information
LoanDaddy.ai - Private Money Lender
Contact: Steve@LoanDaddy.ai
Phone: (503) 551-8690 | Business: (480) 485-1229
All loans subject to underwriting approval
This disclosure is required by federal and state lending regulations.