<HTML> <HEAD> <TITLE>Hard Money Lender in WA | Direct Lending Group </TITLE> <META HTTP-EQUIV="Content-Type" CONTENT="text/html; charset=windows-1251"> <META name="Author" content="Jim O'Brien - Starfiremedia - (877)779-3759"> <META Name="keywords" Content="hard money wa, washington hard money, Washington, WA, hard, money, hard money, hard money lender, wa hard money lenders, hard money in WA, hard money in Seattle, Puget sound, northwest, wa. hard money construction loans, hard money loans washington"> <META Name="description" Content="Hard Money Lender in WA- Direct Lending Group is a hard money & bridge loan lender that provides private money financing on commercial real estate property in the state of Washington"> <title>Commercial Mortgage, Commercial Loan, Hard Money Loans, Continental Lender</title> <link href="dlg.css" type="text/css" rel="stylesheet"> <script language="JavaScript" type="text/JavaScript"> <!-- function MM_goToURL() { //v3.0 var i, args=MM_goToURL.arguments; document.MM_returnValue = false; 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padding-right:5px; color: #ffffff;"> <strong>From it's home office in Seattle, WA. Direct Lending Group originates and acquires loans secured by mortgages, deeds of trust and real estate contracts ("mortgage loans") which we then sell to investors or retain ourselves for investment.<br> <br> Resale of a mortgage loan involves fragmenting a single mortgage loan into individual interests. In such case "participation interests" in a mortgage loan are sold to investors.</strong><br> <strong><br> </strong></div> </div></TD> </TR> </TABLE></TD> </TR> </TABLE></TD> </TR> <TR> <TD> <TABLE WIDTH=750 BORDER=0 CELLPADDING=0 CELLSPACING=0> <TR> <TD bgcolor="#FFFFFF"WIDTH=488 HEIGHT=301 ALT=""><div style="padding-top:10px "><table width="488" background="images/hline1.jpg" height="20" border="0" cellspacing="0" cellpadding="0"> <tr> <td><div class="non-conforming-header" style="padding-top:3px;padding-left:30px "> <strong>Loan Management Services</strong></div></td> </tr> </table> </div> <div style="padding-top:10px;padding-left:20px;padding-right:15px "><img src="images/1pic1.jpg" align="left" style="margin-right:10px; margin-bottom:15px "> <span class="lender-bold">When we sell participation interests in a mortgage loan, we enter into a Loan Participation Agreement with the investors that contains the terms under which we provide loan servicing, collection, and management services on behalf of the investors.</span><br> <br> </div> <table width="488" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="302"><div style="padding-top:15px;padding-left:25px "> <span class="money-text">These services include:</span><br> <br> <img src="images/but1.jpg"> <span class="lender-bold">Maintaining all records pertaining to the mortgage loan</span><br> <img src="images/spacer.gif" height="5px"><br> <img src="images/but1.jpg"> <span class="lender-bold">Recording all payments under the mortgage loan</span><br> <img src="images/spacer.gif" height="5px"><br> <img src="images/but1.jpg"> <span class="lender-bold">Performing normal collection functions<br> </span><br> <img src="images/but1.jpg"><span class="lender-bold"> Disbursing the net receipts under each mortgage loan from our Escrow Account to the investors in the mortgage loan. Such disbursements are made on or before the tenth of each month</span><br> <br> <img src="images/but1.jpg"> <span class="lender-bold">Making the appropriate reports on investors</span><br> <br> <img src="images/but1.jpg"> <span class="lender-bold">Annually send tax information to each investor and to the Internal Revenue Service</span></div></td> <td width="186"><div style="padding-top:15px;padding-left:20px;padding-right:20px "> <strong class="money-text">Our Policy:<br> </strong><span class="lender-bold">To retain all documentation and records pertaining to each offering of participation interests for a period of three years after a loan has been repaid and to retain summary information for a period of seven years after a loan has been repaid. We consider all of these records to be our property.</span></div></td> </tr> </table> <div style="padding-top:20px "><table width="488" background="images/hline1.jpg" height="20" border="0" cellspacing="0" cellpadding="0"> <tr> <td><div class="non-conforming-header" style="padding-top:3px;padding-left:30px "> <strong>Who We Are?</strong> </div></td> </tr> </table> </div> <div style="padding-top:10px;padding-left:20px;padding-right:20px "> <p><strong class="money-text">Management:<br> Robert B. Smith CEO & Chairman of the Board<span class="lender-bold"> - </span></strong><span class="lender-bold">25 years in the insurance agency and brokerage business, served as a executive officer and a director of several national insurance brokerage firms, & current president of Diligent Risk Services, Panama City, FL</span></p> <p><strong><span class="money-text">Philip A. Chesterfield President, Treasure, and Director</span> </strong><span class="lender-bold">- Former chairman of Pacific Coast Investment Company where he served for 28 years. Participates in loan origination and loan underwriting, foreclosures, REO's, and marketing of loan participation to private investors.</span></p> <p><strong class="money-text">Stephen M. Sullivan COO & Secretary and Director </strong><span class="lender-bold">- Formerly with Pacific Coast Investment Company serving as a loan underwriter and vice president. 20 years of experience in sales, real estate, and mortgage banking.</span></p> <p> </p> </div></TD> <TD background="images/bak2.jpg" WIDTH=262 HEIGHT=301 ALT=""><div style="padding-top:20px;padding-left:20px "><span class="non-conforming-header"><strong>What We Provide</strong></span> <div style="padding-top:2px "><img src="images/hline2.jpg"></div> <div class="lender-bold" style="padding-top:10px;padding-right:15px "> We provide investors with the opportunity to participate in the mortgage banking business sector by offering investments in mortgage backed securities<br> <br> The participation interests we offer are in commercial and residential mortgage loans where the collateral is real property located in most states.<br> <br> All participation interests offered to investors are from our mortgage loan inventory unless otherwise noted on the Specific Offering Circular.<br> <br> We service most of the loans we originate. We also provide a number of services to our investors including collecting and remitting loan payments to our investors, and engaging appropriate legal counsel and agents for our investors in the event of a default under a mortgage loan.<br> </div> </div> <div style="padding-top:20px;padding-left:20px "> <div style="padding-top:2px "><span class="non-conforming-header"><strong>Prospectus</strong></span><img src="images/hline2.jpg"></div> <div style="padding-top:10px;padding-right:15px "> <span class="lender-bold">Enter your e-mail address below to receive the prospectus from Direct Lending Group</span> <div style="padding-top:5px "> <form method="post" action="manage.php" target="_blank"> <input type="text" name="email" style="width:160px; height:18px; font-family:Tahoma; font-size:11px; border-color:#6A824B; border-width:1px; border-style:solid "><input type="hidden" name="op" value="ds"> <input type="hidden" name="action" value="sub"><input type="image" src="images/but2.jpg" border="0" align="absmiddle" name="submit"> </form> </div> </div> </div> <div style="padding-top:15px;padding-left:20px "><span class="non-conforming-header"><strong>Located In Seattle, WA</strong></span> <div style="padding-top:2px "><img src="images/hline2.jpg"></div> <div style="padding-top:7px;padding-right:15px "> <span class="lender-bold">Call ahead to visit our office at <br> 221 1st Avenue West, Suite #105<br> Seattle WA, 98119</span><br> <strong>Direct 206-267-5055<br> Toll Free 1-888-354-6030<br> FAX 206-267-5052</strong></div> </div></TD> </TR> </TABLE></TD> </TR> <TR> <TD background="images/bak3.jpg" WIDTH=750 HEIGHT=37 ALT=""><div class="t10" style="padding-top:15px; padding-left:10px; color: #FFFFFF;"> Direct Lending Group