Vestin is a short-term real estate and construction lender, which holds a
mortgage broker's license in Nevada. Vestin obtains borrowers through referrals,
repeat business, or other licensed brokers in compliance with Nevada law.
We fund loan requests primarily through publicly traded REITs (VRTA, VRTB)
and Vestin Fund III, a real estate investment program registered with the SEC,
or in combination with our own funds and lines of credit.
Since 1995, Vestin has brokered approximately 900 loans totaling more than $2
billion dollars.
Most of our loans are between $2.5 million and $10 million, although we have closed
several loans between $10 million and $45 million. Our loans are for one year, but
we will consider extending loans for up to an additional year if a borrower has
performed as agreed and meets other qualifying criteria.