Investment Strategy: Low-risk instruments delivering passive quarterly returns

Versatile Global is expanding its investment portfolio with a $10 million investment from our flagship fund, VGI I, into 1st and 2nd lien deeds of trust mortgage notes, offering attractive returns ranging from 9.5% to 15%.

Strategic Partnership with Private Lending of America (PLA)

We are excited to announce our recent partnership with Private Lending of America (PLA), leveraging their proprietary private lending program that was developed in 2015. This innovative program addresses a critical gap in the lending market, targeting qualified borrowers who may not meet the stringent requirements of institutional lenders for homestead mortgages. The program focuses on the borrower’s debt-to-income ratio and ability to repay, eliminating FICO credit scores as a determining factor. This model ensures compliance with state and federal regulations, while securing investor equity through a full documentation underwriting process.

Since its inception, PLA’s program has grown significantly, initially generating $24 million in notes annually, and has expanded nearly fivefold in volume. This impressive growth demonstrates the program’s success and scalability.

Expanding Market Reach: Texas and Beyond

Currently, the program is operational in select Texas markets and is on track for statewide expansion by Q4 2024. We anticipate further growth, with nationwide availability projected by 2026. In the immediate future, we are focusing on strategic markets in Central and South Texas, with new markets opening across Texas beginning in Q1 2024.

Why Invest in Real Estate Notes?

• Low-Risk, High-Yield: Mortgage notes offer a lower-risk profile compared to equity-based real estate investments, while delivering strong quarterly passive returns.
• Diversified Exposure: By investing in both 1st and 2nd lien notes, we gain exposure to a broad spectrum of real estate assets, helping mitigate risk.
• Secured Returns: The focus on underwriting standards and borrower repayment ability ensures that investor equity positions are well-protected.
• Proven Track Record: PLA’s lending program has a solid history of growth, demonstrating resilience and scalability in various market conditions.

Key Details:

• Investment Size: $10 million from VGI I
• Note Types: 1st and 2nd lien deeds of trust mortgage notes
• Return Range: 9.5% – 15%
• Geographic Focus: Texas, with statewide expansion in 2024 and national growth by 2026
• Partnership: Private Lending of America (PLA), with a proven proprietary lending platform

This opportunity fits squarely within Versatile Global’s strategy of investing in low-risk instruments that provide consistent, passive returns to our investors. Our alignment with Private Lending of America ensures we can capitalize on a growing segment of the market, delivering stable, high-yielding opportunities in a secure and compliant manner.

If you’re interested in learning more about this investment or have any questions, please don’t hesitate to reach out to us. We’re here to help you take the next step in diversifying your portfolio with high-quality, secured real estate notes.