Frequently Asked Questions
What types of loans do you arrange?
We arrange real estate loans for residential, commercial, apartments, mixed-use and other types of properties
What is the smallest loan you will arrange?
We can make real estate loans as small as $100,000.00
What is the largest size loan you will arrange?
We can lend as high as $50,000,000.00 however most of the loans we arrange are under $5,000,000.00 to $10,000,000.00
What types of properties do you lend on?
We will lend on most property types such as single family homes, condominiums, condo-hotels, town homes, apartment buildings, commercial, warehouse, offices, land and mixed-use, to name a few
Up to what percentage of my property’s value will you lend?
We will lend up to 75% of the property’s fair market value or purchase price, whichever is lower for most refinances; however, we can sometimes make exceptions to lend higher. For purchase transactions, we can lend with as little as 15% down. Every scenario is approached on a case-by-case basis
Do you only lend in California?
We lend to most cities nationwide
Do you arrange construction loans?
Yes we do
Do you arrange loans to complete partially done construction projects?
Yes. We can arrange first lien mortgages for some unfinished construction or rehab projects
Do you arrange 2nd and 3rd mortgages?
Not guaranteed. Please discuss with us on this
Will you lend on a property that is on the market for sale or has recently been listed for sale?
Do you lend on vacant land?
Do you arrange personal loans or where there is no real estate involved?
We only arrange real estate loans and we do not make personal, business, equipment, or other loans that are not secured by real property
Do you arrange business or equipment loans?
How many points do you charge for your loans?
We charge between 3.5 and 4 points depending on the loan amount, the type of loan, and many other factors. We are very competitive and typically price our loans cheaper than our competitors. We will provide you a written good faith estimate or conditional loan proposal
Do you arrange loans for people in foreclosure?
We cannot arrange loans for property owners in foreclosure
The property is currently vacant. Can you arrange a loan for this scenario?
Yes. We can make loans on properties that are vacant and we can lend on properties that are in disrepair
Where are you located?
12531 High Bluff Dr, San Diego, CA 92130
Are you a broker or direct lender?
We are private money lender in the state of California. We have access to millions of dollars of private investor funds and can fund our loans faster and price our loans more competitively than most direct lenders. In private money lending, who you know, and who will lend where, is the name of the game
What are your interest rates?
We offer private money loan rates as low as 7.5% for 1st position mortgages. Every scenario and lending situation is unique
How long does your loan process take?
We can fund loans in as little as 4 – 7 working days. However most loans take about 8-10 days from start to finish
Do your loans have prepayment penalties?
No Pre payment penalty.
What are the repayments methods?
Interest only payments
Can you lend to a trust, corporation or LLC?
Yes we can lend to most entities
Do you work with borrowers with poor credit?
Yes, we can lend to borrowers with poor credit and we do not have a minimum FICO score requirement
Do you lend on mixed-use property types?
Do you arrange loans for investment rehab flips?
Can you offer loans for borrowers who have not filed their taxes in a few years?
Can you arrange a loan for a borrower who is self-employed and does not show a lot of money on their tax returns?