Western Development

Services Provided by Western Development

If you’re looking for a loan secured by land, residential and commercial real estate or other collateral you should choose Western Development:
  • If you are not bank qualified
  • If you have credit issues
  • If you need money quickly
  • If you haven’t documented your business’s income
  • If you don't want to pay upfront lender fees   
Most, if not all banks, will not lend to borrowers with these issues.  At Western Development, we understand that bad things can happen to good people.    
                               
                                    OUR LOAN CRITERIA:
  • Your loan to value ratio must be 65% or lower.
  • Minimum 450 credit score   
  • You can demonstrate the ability to make the monthly payment.
  • You must have a viable exit strategy.
  • The loan must meet the appropriate federal or state regulations.
  • Loan from 6 months to 5 years with no prepayment penalty.   
Western Development lets you choose the term of your loan and give you a choice of interest only loans for the lowest payment or any amortization schedule up to 30 years.  At Western Development, we will lend to people that traditional banks are not willing to lend to. Unless you have a longstanding history with good credit, you’re unlikely to get support from a bank. Our willingness to loan to those without the best of credit or an established credit history make us a cut above the rest.

Our interest rates range from 9% to 18% and we charge 6 points. We lend on both residential and commercial properties, land and other collateral.  We can loan to individuals, trusts, corporations, limited liability companies and estates.

When you want a fast response, no upfront lender fees and quick closings please Submit an Application  or call us for an immediate answer. We look forward to hearing you, and more importantly, funding your loan requests.

ALL FUNDS FROM WESTERN DEVELOPMENT LOANS MUST BE USED FOR BUSINESS OR INVESTMENT PURPOSES.
Western Development
3610 South Place
Alexandria, Virginia 22309

Phone:
(703) 988-4666

Email:
abennett@wdllc.biz

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