Aegis Funding
Huntington Beach, California, United States
About Aegis Funding
Aegis Funding is a division of Aegis Realty, Inc. Aegis Realty is a full service real estate brokerage, created in 2008 with over $500 Million in sales of bank owned properties and real estate investments since inception. With a foot print expanding the entire state of California, Aegis has an expansive client database of real estate agents and investors alike. Founders and principal officers of the corporation, Jason Moore and Clifford “Kip” Adkins, have purchased and resold over $32,000,000 in real estate investments – flip homes. Recognizing a need for investment financing due to constricting financing availability they developed Aegis Funding – to cater to real estate investors in California. Offering competitive rates and terms, fast underwriting processes and creative solutions to the hurdles of real estate investing. Aegis Funding is licensed as a Real Estate Brokerage in California with 6 office locations throughout Southern California. Our main branch office is licensed on the federal and state level for Mortgage Loan origination. We are compliant in processes and forms for Fair Real Estate Lending practices here in California and seeking licensing in several other states. Our Private Mortgage Fund, Aegis Asset Backed Securities, LLC is a multi-member LLC managed by parent company Aegis Realty, Inc. We specialize in private money lending to investors who purchase Real Estate to rehabilitate and resell. These loans are asset based, meaning that the primary focus is on the collateral for the loan - the home. Since our underwriting guidelines focus on the collateral, we can move to approval and funding very quickly. All loans have a protective equity position of 25% or greater, meaning if we have to take the home back we have ample equity to cover accumulated interest, selling costs and recover all loan proceeds. Investors in this fund have a preferred rate of return of 9%, although we have out performed this return consistently.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 1 – 10
- Estimated revenue: Less than $1M
- Total funding: $2.5M
- Last round: Equity Crowdfunding (Jan 2015)
- Website: aegisfunding.com
- Phone: +1 714-465-4611
Industries & Categories
Commercial Lending, Finance, Financial Services, Real Estate, Real Estate Brokerage
Social Profiles
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