Mortgages Investing Made Simple
At Benevolent Bancorp, our mission is to provide an online, simple and easy source for investors to pick and choose mortgages they would like to fund.
Our investors can fund the whole or a fraction of the mortgage. We do the due diligence and present only the qualified mortgages for investment.
Reliable and Transparent
Benevolent Bancorp offers investors valuable transparency with easy access to key borrower and property underwriting documents, and efficiencies such as Mortgage Investments availability email alerts. Saving time, eliminating downtime, enhancing the investment experience, and maximizing investor yie
Personalized 24/7 Service
As a Mortgage investor with Benevolent Bancorp, you will experience a very personalized service that utilizes investor preferences while providing up-to-the-minute deal status and 24/7 access via your computer, laptop, tablet, or mobile device.
At Benevolent Bancorp you are investing in a secured investment and you are the sole owner of it unless it is fractionalized.
Your investment is secured by a mortgage recorded on the property for which the mortgage is made. You or your investment entity are named on the mortgage as owning whatever fractional interest you purchase, or the whole mortgage if you purchase 100%.
As a mortgage investor with Benevolent Bancorp, you enjoy a far more secure investment position than with any other comparative investment.
Two Ways To Invest
Fractional Mortgages are where you invest in a portion of that mortgage, say 20% or 50%. This allows you to diversify your investment among multiple mortgages.
Whole mortgages are where you invest in the entire mortgage. You are the sole lender and retain 100% control over that mortgage. Our mortgage sizes will typically range from $30,000 to $3,000,000.
Register to become a Benevolent Bancorp Investor. It only takes a few minutes!
Preview the Mortgages available on our website (SEE “Offerings”) and select the investments based on the criteria that are important to you.
You may select from:
- Newly originated mortgages in which you fund directly into escrow and then close.
- Recently originated mortgages that have funded, closed escrow and are available for purchase.
- Seasoned mortgages with a payment history.
Pledge the whole or a fraction of the dollar amount that you are comfortable
Transparency is one of the hallmark features of Benevolent Bancorp. Once you have pledged your investment we will provide secure access to the mortgage file so you can conduct your own due diligence review. You are encouraged to review the mortgage file with your trusted advisor and ask us any question freely.
When all the underwriting conditions have been met and the mortgagor has signed, the investment status will change to “Funding Now” at which point the investor(s) will be notified, along with wire instructions for wiring funds into the escrow account of Lawyer.
When all pledged funds are received in an escrow, along with signed lender and borrower documents, we are ready to close. At closing the Mortgage is recorded against the title of the borrower’s property, in the name of investor(s). Your investment is secured by the recorded mortgage. After recording the funds are released from escrow to the borrower. For mortgages that have already closed and those that are seasoned all pledged funds are deposited into an assignment escrow. The mortgage is then assigned to the new owner(s) and assignment recorded. After recording the funds are released from the assignment escrow to the seller(s) of the mortgage.