Vestin Mortgage manages and performs all functions of real estate lending, including credit
evaluation, and decides which real estate loans we will invest in.
Evaluation and Acquisition
Vestin Mortgage considers and evaluates prospective loans for us. In that regard, Vestin Mortgage evaluates the
credit of prospective borrowers, analyzes the return to us of potential mortgage loan transactions,
reviews property appraisals, and determines which types of transactions appear to be most favorable to us.
Our obligation to invest in any real estate loan will generally be
conditioned upon the delivery and verification of certain documents from the seller, developer,
or borrower, including environmental reports, evidence of marketable title, audited financial
statements covering recent operations of properties with operating histories and title and
liability insurance policies.