Glorius

GLORIUS, The Global Mortgage Marketplace, is the first platform of its kind that pairs private and institutional borrowers and lenders from all over the world for financing and investing in real estate in the United States.

GLORIUS is fully-automated and works 1:1 – one borrower and one lender per closing. GLORIUS is NOT crowdfunding.

For lenders, GLORIUS offers a strong yield, flexibility, and maximum security: Lenders receive first mortgages on residential and/or commercial real estate in the United States, along with an appraisal from a state-licensed independent appraiser and are payees in the homeowners’ insurance policy.

The funds for the loan remain with the lender until shortly before the closing and will be wired directly to the appointed title company or closing attorney in the United States.

GLORIUS is currently increasing the amount of committed funds for lending. Lenders could be fund- and insurance companies, pension funds, foundations, banks (non-US), family offices, high net worth individuals and many others.

Why Glorius

Find a private lender, negotiate the lending parameters, and enjoy a smooth, accelerated financing process. GLORIUS can help find you the perfect lender to meet your needs. Applying for a mortgage through a bank or a broker can be time consuming and stressful – even when you have a stable income and strong assets. GLORIUS puts you in touch with an individual private lender so you can negotiate your terms and documentation directly.

How it works

Benefits for Borrowers

• GLORIUS makes the financing process fast and easy. Closing can take place within as little as 5–10 days ;
• The marketplace enables you to look at a wide variety of different lenders and loan options ;
• The system enables you to actively negotiate your own terms ;
• GLORIUS does not require reference letters or a credit report ;
• You decide whether you want to provide income and asset documents. If you voluntarily choose to provide income and asset documents, this will improve your rating ;
• GLORIUS helps you to find the right lender for you – without battling with complex, restrictive guidelines – even with no credit ;
• Your personal data are protected and will remain anonymous until you agree and accept the terms you negotiate with your future lender.

Rates

The interest rates & expenses related to your financing are negotiated directly with your future lender through the GLORIUS offer tool. There is no stringent bank program with requirements that you must meet. You will receive an offer from a potential investor & you can accept, counter-offer, or decline as you see fit. Each offer or counter-offer has a set time limit of 72 hours, so please make sure you reply right away.

Please remember to always be realistic about the mortgage pricing.

Interest rates will vary depending on the private individual loaning their personal money. Typically, rates are higher if you do not verify your income & assets or if you need a quick closing.

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