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Specialties
— Hard Money Loans
— Hard Money
— Hard money lender
— Equity Loans
First, Second and Third Trust Deeds placed quickly based on the equity in the property… Though we are not affiliated with the Red Cross, we handle emergencies on a daily basis. We have been in Glendale California for over 38 years… Call us when another lender has made promise after promise and then let you down.
Though this is not typical, we have closed loans in, as little as, one business day. Our officers have over 80 years experience in equity loans. this is our specialty. We generally give a loan commitment within hours and close a purchase in two weeks… Sorry, the only loan we don’t make is owner occupied property; unless the reason is for TRUE business purposes.
Please check out our website at www.viploan.com The website contains many free financial tools, many V.I.P.articles about lending practices, general real estate, buying property with bad credit, buying property with no money. etc.
History
Established in 1976.
V.I.P. started as V.I.P. Realty specializing in the sale of residential income property. In many of our multi unit transactions, the buyer needed a second trust deed for part of the down payment. We became experts in arranging seller financing, private party first, second and third trust dees, all– inclusive trust deeds and virtually every type of financing used in california.
The financing was so important to our clients that V.I.P. opened another company, V.I.P. Trust Deed Company, two years later. Foothill Conveyance Corporation also joined The V.I.P. group of companies a few years later.
This group of companies allows V.I.P. to fully service Investors and Borrowers in all facets of Real Estate. We are proud to have a lender for over 30 years and many for 20 – 25 years. One of our lenders, David G. has a license plate frame that says «Thank You V.I.P. Trust Deed Company. His Cadilac is the only new car he has owned in his lifetime.
Meet the Manager
Peter R.
Manager
Peter Rosenthal was the original founder and presently serves as President. Barbara Rosenthal is the corporate secretary. Cameron Kessinger joined us some 25 years ago as a «gopher» at $ 4.50 per hour. Cam is now Vice President and he and his wife Sandra own 50% of the stock in V.I.P… The good old fashioned American sucess story.
Peter Graduated from American University in Washington D.C. in 1965 with a degree in Business Administration. Peter served two periods in the U.S.Army from 1959 – 1961 and was recalled during the Berlin crisis.
After college Peter worked for Alcoa Aluminum for two years and the worked for Levi Strauss for six years. While with Levi’s Peter was a «real» travelling salesman. The first territory was the entire state of West Virginia, a little bit of Ohio and a little portion of Kentucky. Later he was transferred to Wisconain and travelled the southern part of the state before being transferrec to Chicago for two years.
And then V.I.P. was born.