Use Your Self-Directed IRA to Purchase Real Estate With a Non-Recourse Loan from First Western
As one of America’s best providers of non-recourse loans, we work with our customers to create unique financing programs that allow them to use their self-directed IRA in tandem with their non-recourse loan to pursue a number of financial ventures. With years of providing IRA non-recourse loans, we can walk you through the entire process of how self-directed IRAs work, what a non-recourse loan is and how it works, and how to get started using real estate investments within your IRA to earn returns. Loan decisions are usually made within two days, and the processing time is usually 30 to 35 days from the application date. To learn more about how to use your self-directed IRA along with your non-recourse loan, contact our team of lenders today.
What Are the Minimum Requirements for a Non-Recourse Loan?
- Minimum liquid reserves in the retirement account: 15% of the loan amount
- Net operating income must exceed debt payments by a minimum of 25%
30-Year, Fully Amortizing Loans
No Balloon Payments
Loan Amounts Range from 40,000 to $1.25 Million
About Us
First Western Federal Savings Bank was established in 1979 as a Savings and Loan Association. We are a federally chartered FDIC insured bank that makes loans in all 50 states for investors purchasing non-owner occupied real-estate employing a “common sense” lending strategy that is unique today.
We lend on single family dwellings, apartments, commercial buildings and income-producing ag land to investors buying or refinancing investment real-estate as individuals, LLC’s or their corporate entities.
We also help investors leverage their current retirement plan assets to purchase real estate inside their self-directed IRA or 401(k). Since 2008, FWFSB has emerged as one of the nation’s leading non-recourse loan providers to self-directed retirement plans. Each loan request is evaluated by its own merits and our underwriting strategy is specialized to each loan.
Additionally, we offer a special CRP purchase program for ag producers who would rather receive a lump-sum payment than wait for installments. Farmers and Ranchers often realize that they can create a better return by investing in their operations today than if they wait for CRP payments to trickle in over time.
We run our bank like a business, not a bank! Our vision of “If it makes sense, we’ll do it!” has treated us and our customers very well over the years and the service we provide and the relationships we build separates us from other banks. We view our customers as partners and therefore work with them throughout the life of the loan to ensure it remains a sound investment for them and a good loan for the bank. If you have a need for a specialized loan, we are here to help!
First Western Federal Savings Bank was established in 1979 as a savings and loan association. We are a federally chartered, FDIC-insured bank that makes loans in all 50 states for investors purchasing non-owner-occupied real estate employing a “common sense” lending strategy that is unique today.
We lend on single-family dwellings, apartments, commercial buildings, and income-producing agricultural land to investors buying or refinancing investment real estate as individuals, LLCs, or their corporate entities.
We also help investors leverage their current retirement plan assets to purchase real estate inside their self-directed IRA or 401(k). Since 2008, First Western has emerged as one of the nation’s leading non-recourse loan providers for self-directed retirement plans. Each loan request is evaluated by its own merits and our underwriting strategy is specialized for each loan.
Additionally, we offer a special CRP purchase program for agriculture producers who would rather receive a lump-sum payment than wait for installments. Farmers and ranchers often realize that they can create a better return by investing in their operations today than if they wait for CRP payments to trickle in over time.
We run our bank like a business, not a bank! Our vision of “If it makes sense, we’ll do it!” has treated us and our customers very well over the years. The service we provide and the relationships we build separate First Western from other banks. We view our customers as partners and therefore work with them throughout the life of the loan to ensure it remains a sound investment for them and a good loan for the bank. If you have a need for a specialized loan, we are here to help!