Private Lending Insights

Rocky Butani interviewed Jennifer Young, Partner at Fortra Law, to learn which states require a licensed to originate private mortgages (aka hard money loans) secured by investment real estate. Fortra Law is the largest law firm in the United States for private lending and offers a variety of legal services - compliance, licensing, securities law, fund formation, loan documents, litigation and more.

Visit Fortra's profile on PrivateLenderLink.com to learn more about their services: 
https://privatelenderlink.com/profile/fortra-law/?utm_source=lender-link-podcast

00:00 Intro 

00:40 Guest Intro 

01:20 Why Licensing Matters 

02:00 States Requiring All Licensing 

02:40 States Requiring Residential Licensing 

03:40 Broker vs Lender Rules 

04:20 North Carolina Notes 

05:10 California Licensing 

07:00 CFL vs DRE 

09:30 Nevada Licensing 

12:00 Nevada Qualified Employee 

13:45 Arizona Licensing 

15:05 Broker Compensation Limits 

16:50 Oregon Licensing 

18:20 Lending in Oregon 

19:00 Idaho Licensing 

20:20 Utah Licensing 

21:30 Minnesota Licensing 

22:30 Vermont Licensing 

23:40 Dakotas Licensing 

24:50 Renewals and Audits 

26:30 State Exceptions 

28:30 Final Thoughts 

29:30 Recap and Sponsor 

Rocky Butani interviewed Dave Orloff, CEO of American Heritage Lending, a national direct private lending company based in Irvine, California. They offer a variety of financing options to residential real estate investors in 45 states: DSCR 30-year rental loans, fix & flip, ground-up construction and short-term bridge loans. The company has grown immensely in the past 2 years and is now one of the top 10 lenders in the United States in terms of loan volume. Learn about the company's recent growth, their operation and Dave's thoughts on private lending for 2025.

Visit American Heritage Lending's profile on PrivateLenderLink.com to learn more about their lending guidelines: 
https://privatelenderlink.com/profile/american-heritage-lending/?utm_source=lender-link-podcast

Loan originators interested in a DSCR third-party origination wholesale program can learn more on this website:
https://ahlendtpo.com/?utm_source=lender-link-podcast

00:00 Intro 

01:14 Company Background 

02:00 Growth Since 2018 

03:57 Loan Volume Surge 

05:11 Billion Dollar Milestone 

06:54 Q3 2024 Rankings 

09:16 High Rates and High Volume 

11:17 Industry Demand Trends 

13:02 Loan Type Breakdown 

14:58 DSCR Popularity 

16:26 Wholesale vs Retail 

18:49 Wholesale Platform 

20:12 Team and Locations 

22:19 Michigan Office 

24:00 Fix and Flip Outlook 

25:30 Short Term Lending Challenges 

27:29 DSCR in 2025 

28:33 Market Predictions 

30:17 Wrap Up 

In the first episode of Private Lending Insights, Rocky Butani, provides an introduction and overview of the podcast, which is hosted by Lender Link. We operate PrivateLenderLink.com, a website were real estate investors and mortgage brokers find direct private lending companies (aka hard money lenders) throughout the United States.