1. Solo 401K

    The Solo 401K is a self directed retirement trust that allows the Trustee of the Solo 401K Trust to direct his or her retirement funds into investments that they know how to make money at. Whether that may be a real estate investment or business, the Solo 401K has several advantages over the typical self directed IRA. 1. The ability of the Trustee of the Trust (usually the person who's funds are …Read More

  2. Equity Trust Company and Pensco Trust Company

    Equity Trust Company and Pensco Trust Company are 2 of the largest and most well established custodians allowing their clients to invest in alternative assets and real estate with their with their retirement funds. They have been in business for decades and meet all of the federal regulations for custodians. There are many other very good companies but these are just a couple of larger ones you ma…Read More

  3. Non Recourse Lenders

    Non Recourse Lenders in the self directed retirement plan world are few and far between. If you have done any research in looking for leverage for your self directed retirement plan you will find that there really are only 2 nationwide non recourse lenders. They are First Western Federal Savings Bank (myiralender.com) and North American Savings Bank. These two companies are federally chartered sa…Read More

  4. Three Common IRA Non Recourse Loan Questions Answered

    The typical final part of the American dream is being able to enjoy a comfortable retirement, but these days that future is not as certain as it used to be. In fact, almost 30% of Americans believe that they will not have enough money to live comfortably after retirement, and 40% think that they will have to work past the age they planned to retire to maintain their lifestyles. One option for ensu…Read More

  5. 401K (Solo 401K) Non Recourse Loans

    401K or Solo 401K Non Recourse Loans are a great way to leverage your 401K funds to get a better return on your money. Financing the purchase or refinancing a purchase of real estate inside of a Solo 401K has some distinct advantages over using a Self Directed IRA to buy and fund real estate purchases. The process is the same no matter the retirement entity purchasing the property and funding it w…Read More

  6. IRA Loans

    IRA loans are a great way to leverage your own retirement funds and make them stretch farther in acquiring investment real estate inside of your self directed retirement plan. Whether your plan is a Self Directed IRA, Solo 401K, IRA LLC, or other qualified retirement plan, you can use as little as 40% of the purchase price in your own retirement funds and combine that with a non recourse IRA loan …Read More

  7. Recourse vs Non Recourse Loans

    Recourse vs Non Recourse Loans. What is the difference? You may hear about Non Recourse Loans and wonder what that is all about and how can you get one. Let's start with Recourse Loans first which is the typical loan you may sign at a bank or credit union when you borrow money for a car or a home or commercial building. You usually sign the promissory note in your own name or your companies name…Read More

  8. Non Recourse Loan Underwriting Criteria

    Non Recourse Loan underwriting criteria with First Western Federal Savings Bank is very straightforward. We look at 4 areas when determining whether or not to make a Non Recourse Loan. The main areas are: Does the IRA or SoloK or IRA LLC have enough money? What I mean by that is, does the Plan have the requisite 40% down payment necessary for most properties we finance, plus closing costs, and li…Read More

  9. Application Process

    The Application Process for a non recourse IRA or Solo 401K (or LLC) loan with First Western Federal Savings is very straightforward. Just click on the green Non-Recourse Loan Application-Get Started Today box on the lower right hand side of every page of the website, or the Application Process Tab at the top of every page of the website. That will take you directly to our Application and Docume…Read More