List of Non-Recourse Lenders Providing Financing for Self-Directed IRA and Solo 401k Retirement Plans:
North American Savings Bank is on top of our Non-Recourse Lenders list because they provide loans in all 50 states. NASB has roots going back to 1927, that is when the organization was founded based on the principles of security & strength. They are the bank that is locally-owned and have over one billion dollars in assets. North American Savings Bank has one residential construction loan origination office, 4 residential loan origination offices and 9 branch locations.
In addition to providing non-recourse loans for Self-Directed IRAs and Solo 401ks, they also offer: construction lending (they are one of the biggest construction lenders in Kansas City), commercial lending, reverse mortgage lending, residential lending and retail banking.
NASB’s IRA lending program is a unique financing system to help individual investors with their financing needs in their IRAs and 401ks.
JASON ZOOK | IRA Loan Officer (NMLS ID#: 415110)
NORTH AMERICAN SAVINGS BANK, F.S.B. (NMLS ID#: 400039)
P: 855.211.3340 F: 816.508.2797 jzook*nasb.com
903 E. 104th Street, Suite 400 | Kansas City, MO 64131 | www.iralending.com
Loans in all 50 states, 1-4 units residential, and larger multi-family units locally.
First National Bank of America: www.fnba.com
4250 Chicago Drive SE
Grandville, MI 49418
The Norris Group was founded by Bruce Norris, who is renowned real estate educator, hard money lender and an active investor. Bruce has been involved in over 2,000 real estate transactions and has over thirty year of real estate experience as money partner, builder, seller and buyer.
Bruce is famous for his ability to predict the long-term real estate trends & timing. In 1997 he released the report called “The California Comeback”. The report is known by it’s accuracy and extensive details and as a result helped many local investors obtain financial independence. “The California Crash” is another report released by Bruce in January of 2006, was detailed look in the correction of California market and included detailed data supporting his forecast.
The Norris Group offers non-recourse financing for Southern California real estate. They have short term rehabber loans as well as long term holding loans. For more info please feel free to contact them at (951) 780-5856 or visit: www.thenorrisgroup.com
MOR Financial (MOR) is a California based mortgage company that specializes in private lending to direct consumers and real estate brokers. MOR’s services have been provided with unmatched levels of customer service and attention never seen before in this industry.
MOR provides private loans secured by real estate properties, both residential and commercial. Our company is dedicated to a hassle free submission process allowing you to focus more on originating rather than submitting and following up on your deals.
For more info please contact: (866)937-6676 or visit www.morfinancial.com
THOR Financial is a California hard money lender. Their specialty is commercial as well as residential financing. The offer short-term non-recourse loans for flips in Southern California. They are direct lender and therefore in the position to quickly respond and fund your loan timely.
For more info please contact: (888)868-8467 or visit www.morfinancial.com
Pacific Crest Savings Bank was established in 1984 as Phoenix Mortgage and converted to a Washington State-charted, federally insured savings bank in 1998.
Pacific Crest Savings Bank combines the advantages of independent ownership with three decades of experience to offer the highest level of customer service.
They offer savings and checking products with competitive rates, non-recourse loans for self-directed retirement plans including Solo 401(k) & IRA and more. They are on the list of our non-recourse lenders for a reason: the terms for their loans are exceptional! For more info please contact: (800) 335-4126 or visit www.paccrest.com
402 Main Street, Rapid City, SD 57701
Local:(605) 341-1203 • Fax: (605) 394-0084
Phone: (800) 908-8845