Private Money Lender Representation
Legal Counsel for Private Money Lenders
Doss Law represents private money lenders, brokers, and other lending professionals across a wide range of lending matters. Our attorneys advise on loan structuring and documentation, compliance, servicing and loan sale agreements, regulatory inquiries, specialized lending transactions, and other legal issues affecting private lending businesses.
Representing Many of Private Lending’s Top Firms
When private money lenders need experienced counsel, they call Doss Law.
Doss Law brings more than four decades of experience as private money lawyers, representing many of the top firms in the private money lending industry.
Loan Consulting
Guides the decisions behind the loan.
New loans, LO Comp, changing laws, lending to foreign nationals, and new lending models.
Loan Documentation
Strong from closing to payoff.
Business purpose loans, consumer private money reverse mortgages, consumer seller carryback loans, and consumer bridge loans.
Pools, Servicing & Loan Sales
Supports the loan after funding.
Mortgage pools, servicing agreements, and loan sale agreements.
Specialized Lending
Guides you into uncharted territory.
Cannabis lending and other emerging or high-scrutiny loan types.
Private Lender Law Starts With the Right Questions
Every loan starts with facts that matter. What is the purpose of the loan? Is the property owner-occupied? Who is the borrower, and does the signer have authority to bind it? Which state’s laws apply? Doss Law knows what to look for and what to ask before drafting the documents, then applies those facts to structure and document the loan for the actual transaction.
The Label Isn't What Protects the Loan
Calling a loan business purpose doesn’t make it one. If a borrower defaults and claims the loan was personal, courts look past the paperwork to the substance of the deal. For private money lenders, Doss Law helps document the full picture, including DossLock™, its recorded borrower interview for business purpose loans on owner-occupied property.
Private Money Lender RepresentationHow It Works
Initial Consultation
Discuss the loan, transaction, or legal matter, along with goals, timing, and scope.
Engagement Letter
Engagement is formalized through an engagement letter, and scope is confirmed.
Review & Analysis
Review the facts, documents, and applicable laws, and identify the key legal issues.
Legal Work
Advise, structure, draft, or review as the matter requires, from loan documents to agreements.
Ongoing Counsel
Continue advising as the loan, the business, or the law changes.
Private Lending Laws Don't Stand Still
Doss Law advises private lenders and brokers as laws change, lending models evolve, and transactions move into new territory. From emerging loan structures and new regulatory requirements to foreign national and cannabis lending, Doss Law helps lenders understand what the changes mean for the way they do business.
Private Lender Law Doesn’t End at Closing
A funded loan can be serviced, sold, extended, modified, challenged, or go into default. Doss Law’s lender representation continues through what comes next, including servicing and loan sale agreements, modifications, and default-related matters. Doss Law also structures and forms mortgage pools, and has created hundreds, including some of the largest in existence today.
Private Lender Law Services
The legal work behind successful private lending businesses.
Here’s what Doss Law does for private money lenders:
Consulting on new loans, such as business purpose, owner-occupancy, and signature authority
Documenting simple to complex, small to large, business purpose mortgage loans
Documenting consumer private money reverse mortgages, consumer seller carryback loans, and consumer bridge loans
- DossLock™ recorded borrower interviews documenting business purpose and borrower intent before closing
Regulatory inquiries from governmental agencies like the Department of Real Estate (DRE), the Department of Financial Protection and Innovation (DFPI), and the Consumer Financial Protection Bureau (CFPB)
- DRE and DFPI investigations, audits, settlements, hearings, and defense
- Mortgage licensing and related issues nationwide, including analysis of whether a license is required and obtaining needed licenses, such as DRE broker licenses, licenses under the California Financing Law (CFL), and licenses under the California Residential Mortgage Lending Act (CRMLA).
- Loan officer compensation and the LO Comp Rule
- Consumer credit compliance
Consulting on changes in the laws affecting the mortgage industry
Consulting on consumer loans such as bridge loans, construction loans, and HELOCs
- Transaction types including purchases, refinances, construction loans, and all-inclusive trust deeds (AITDs)
- Loan modifications, extensions, subordination agreements, forbearance agreements, intercreditor agreements, and deeds in lieu of foreclosure
- Default notices
- Note purchases and note sales
- Writing and reviewing loan servicing agreements
Writing and reviewing loan sale agreements
Structuring and forming mortgage pools (we created hundreds and some of the largest pools in existence today)
Corporate governance
Consulting on cannabis lending
Consulting on lending to foreign nationals
Consulting on new and innovative lending models
Employment agreements
Independent contractor agreements
Mortgage training, à la carte or through our Hard Money Boot Camp
Ready to Discuss Your Loan or Lending Matter?
Start with a consultation to discuss your loan, transaction, or legal matter, and next steps.
Contact Us to Schedule a Consultation
At Doss Law, we offer a consultation during which we will discuss your matter and determine whether it is suitable for retention.
Please complete the form and a member of the Doss Law team will reach out to schedule your consultation at a time that works best.
