California Bridge Loans
California has 50 hard money lenders issuing loans in the state. Note amounts average about $344,488. The mean rate for loans in California is 10.3%. The median loan made in the state has a term of 27 months. A typical hard money loan offered in the state carries a 3.1 point origination charge. Lenders in California average a 73% loan to value (LTV) on their loans.
Loan Example 1
Alfredo is a real estate investor in Bloomington, CA. He discovers an older property and decides to remodel it and sell it for a profit. The property costs $230,000 but he does not have the full amount so he takes out a private money bridge loan with Cordial Lending Company. The borrower will have to fund 25% of the sales price in cash to the closing based on a 75% loan-to-value stipulated by the lender. This makes the principle amount from Cordial Lending Company $172,500. The terms of the deal dictate a 10% note for 6 months. They also require a 4 point origination fee, which will also be paid upon closing.
In accordance with the terms of the loan, Alfredo will need to pay a $6,900 origination fee in addition to 25% of the sales price, or $57,500, based on the 75% LTV. Once the deal closes, he will pay Cordial Lending Company $1,438 in monthly interest payments, or 10% multiplied by $172,500 divided by 12 months in the year. At the end of the note, he sells the renovated property for $345,000. After deducting the $8,625 in interest expenses ($1,438 multiplied by 6 months), the $6,900 origination fee, the $172,500 principle on the note, and the $57,500 he brought to the closing, he will make a gross profit of $99,475 ($345,000 price minus $245,525 in total costs). This profit would be reduced by any rehab costs paid by the borrow.
Loan Example 2
Latoya locates a house in Ramona, CA to remodel and sell. Because she does not have enough cash to buy the property outright, she takes a bridge loan from Frontera Lending with the following parameters:
a) A $170,000 purchase price, b) a 70% loan-to-value (LTV), c) a 6 month term, d) a 8% interest rate, and e) a 2% origination fee.
Latoya plans to list the house when the note expires for $246,500. If she accomplishes her goal, the final numbers will be the following:
$246,500 sales price
- $119,000 note principle (70% LTV)
- $51,000 down payment (30% on 70% LTV)
- $2,380 origination fee (2% of the $119,000 principle amount)
- $4,760 interest payments (6 months x 8% interest)
-----------------------
= $69,360 total profit (doesn't include taxes or renovation costs)
Based in Delray Beach, Gelt Financial since 1989 is a private money lender offering commercial non bank mortgages national. We offer loans for many different situations and needs, including rental property loans, private commercial loans, fix-and-flip hard money loans, hard ...
Nationwide Mortgage
26361 Crown Valley Pkwy
Mission Viejo, CA 92691
Nationwide Mortgage in Mission Viejo, CA provides lending solutions for a variety of situations, including hard money loans for commercial properties, fix and flip hard money loans, hard money refinancing, loans for rental properties, and short term bridge loans. They ...
Global Capital Partners
274 Madison Avenue, Suite 901
New York, NY 10016
A diverse portfolio of lending services, an experienced in-house underwriting staff, and theability to tailor financing options to a client's individual needs have made Global CapitalPartners a household name in New York's commercial lending industry. Global Capital Partnershas long provided ...
Sun Pacific Mortgage & Real Estate
800 Mendocino Ave., Suite #2
Santa Rosa, CA 95401
Based in Santa Rosa, CA, Sun Pacific Mortgage & Real Estate is an asset-based lender offering loans in California. They offer loans for a variety of needs and situations, including fix-and-flip hard money loans, hard money bridge loans, hard ...
California Home Solutions
20301 Ventura Blvd, Suite 302
Woodland Hills, CA 91364
California Home Solutions is private money lender based in Woodland Hills, CA. They offer funding in California. They provide fix-and-flip loans, private refinancing, bridge loans, rental property loans, and private commercial loans. ...
Anchor Loans
5230 Las Virgenes Rd, Suite 105
Calabasas, CA 91302
Anchor Loans is a California based Hard Money Lender. They provide loans in 46 states throughout the US. They are the largest Fix-and-Flip lender in the U.S. lending over $7.1 Billion life-to-date in total loan volume to real estate investors. ...
California Hard Money Direct
13547 Ventura Boulevard #177
Sherman Oaks, CA 91423
California Hard Money Direct is a private money lender providing funding throughout California.They provide loans for many different situations, including purchase loans , fix-and-flip loans, long term rental property loans, short term bridge loans, commercial loans, and cash out ...
LendingHome Corporation
1 California St
San Francisco, CA 94111
LendingHome Corporation is a San Francisco, CA based private money lender providing loans in 25 states throughout the United States. They provide buy and hold loans, short term loans, and fix and flip loans. They issue ...
FK Capital Fund
215 Avenida Del Mar, Suite C
San Clemente, CA 92672
FK Capital Fund is a San Clemente, CA based private money lender offering funding in California. They provide lending solutions for many different scenarios, including bridge loans, commercial hard money loans, refinancing, hard money construction loans, long term rental ...
LBC Capital
6350 Laurel Canyon, Suite 350
North Hollywood, CA 91606
Headquartered in North Hollywood, CA, LBC Capital is a private money lender providing funding in California, Oregon, and Washington. They offer cash out hard money loans, loans for investments properties, commercial loans, short term loans, hard money construction ...
Val Chris Investments
2601 Main Street, Suite 400
Irvine, CA 92614
Val Chris Investments is an Irvine, CA based private money lender who offers funding in California. They provide private refinancing, fix and flip loans, hard money bridge loans, loans for investments properties, and private commercial loans. They ...
Marquee Funding Group
24025 Park Sorrento, Suite 150
Calabasas, CA 91302
Marquee Funding Group is private money lender headquartered in Calabasas, CA. They provide loans throughout California. They provide lending solutions for many different scenarios, including fix and flip loans, refinancing, commercial hard money loans, long term rental ...
Bolour Associates
8383 Wilshire Boulevard, Suite 920
Beverly Hills, CA 90211
Bolour Associates is a Beverly Hills, CA based hard money lender. They offer loans throughout Arizona, California, and Texas. They offer loans for a variety of situations and needs, including short term loans, cash out loans, private ...
Agoura Hills Financial
28348 Roadside Dr, Suite 203A
Agoura Hills, CA 91301
Agoura Hills Financial is private money lender headquartered in Agoura Hills, CA. They offer funding in California. They offer bridge loans, fix and flip loans, commercial hard money loans, and buy and hold loans. Their ...
Visio Lending
1905 Kramer Lane, Suite B700
Austin, TX 78758
Visio Lending is a hard money lender based in Austin, TX providing loans in 39 states throughout the United States. They provide short term bridge loans, commercial loans, and fix-and-flip hard money loans. They provide rates ...
All California Lending
1145 2nd Street A262
Brentwood, CA 94513
All California Lending is private lender based in Brentwood, CA. They provide funding in California. They provide lending solutions for a variety of scenarios, including commercial hard money loans, rental property loans, fix-and-flip loans, builder loans, ...
Lending Xpress
2569 McCabe Way, Suite 200
Irvine, CA 92614
Lending Xpress is a private lender in Irvine, CA providing loans throughout California. They offer construction loans, hard money loans for commercial properties, fix and flip loans, short term bridge loans, rental property loans, and private refinancing. ...
Macoy Capital
9301 Wilshire Blvd, Suite 502
Beverly Hills, CA 90212
Macoy Capital is private money lender based in Beverly Hills, CA. They offer loans in California. They provide hard money refinancing, short term loans, private commercial loans, loans for rental properties, construction loans, and fix-and-flip loans. ...
Stonecrest Financial
4300 Stevens Creek Blvd., Suite 275
San Jose, CA 95129
Stonecrest Financial is a San Jose, CA based private money lender offering loans in California. They offer loans for many different needs and situations, including short term fix and flip loans, commercial hard money loans, bridge loans, and ...
City Capital Finance is a hard money lender offering funding throughout California. They provide loans for a variety of needs and situations, including cash out loans, fix-and-flip loans, short term loans, investment property loans, and hard money loans ...
Lantzman Lending
11696 Sorrento Valley Rd, Suite 201
San Diego, CA 92121
Lantzman Lending is a San Diego, CA based hard money lender. They provide loans in Arizona, California, and Texas. They offer fix and flip hard money loans, rental property loans, hard money loans for commercial properties, refinancing, ...
HML Investments
3151 West Cahuenga Blvd, suite 300
Los Angeles, CA 90068
HML Investments is hard money lender headquartered in Los Angeles, CA. They provide loans throughout California. They offer short term loans, cash out loans, long term rental property loans, hard money loans for commercial properties, and ...
MAE Capital Mortgage
4940 Pacific Street
Rocklin, CA 95677
MAE Capital Mortgage is a Rocklin, CA based private lender who offers funding in California. They provide loans for a variety of situations and needs, including builder loans, cash out loans, fix and flip hard money loans, loans for ...
Temple View Capital
7500 Old Georgetown Road, Suite 1375
Bethesda, MD 20814
Temple View Capital is private lender headquartered in Bethesda, MD. They provide loans in 20 states throughout the US. They provide short term fix and flip loans, cash out loans, private commercial loans, loans for rental properties, ...
Fairfield Financial Services
Portland, OR
Fairfield Financial Services is private lender headquartered in Portland, OR. They provide funding in 11 states across the United States. They offer private commercial loans, hard money refinancing, fix-and-flip hard money loans, and short term bridge ...
Aztec Financial
2624 West Magnolia Blvd
Burbank, CA 91505
Aztec Financial is an asset-based lender in Burbank, CA offering loans throughout California. They provide lending solutions for a variety of situations, including hard money refinancing, loans for rental properties, builder loans, fix-and-flip loans, short term loans, and ...
Investment Bankers Network
8141 2nd St Suite 347
Downey, CA 90241
Investment Bankers Network is a Downey, CA based private money lender offering loans in California. They offer refinancing, fix and flip loans, hard money bridge loans, and commercial hard money loans. They offer terms up to ...
Secured Investment Lending
1485 International Parkway, Suite 1031
Lake Mary, FL 32746
Secured Investment Lending is private lender headquartered in Lake Mary, FL. They provide funding in 49 states throughout the country. They provide lending solutions for a variety of scenarios, including short term bridge loans, commercial loans, cash ...
Patch of Land
15000 Ventura Blvd Ste 202
Sherman Oaks, CA 91403
Patch of Land is an asset-based lender based in Los Angeles, CA offering funding all throughout the US. They offer short term bridge loans, private commercial loans, long term rental property loans, refinancing, and fix and flip loans. ...
RLS Mortgage
4455 E. Camelback Rd, Suite D135
Phoenix, AZ 85018
RLS Mortgage is a Phoenix, AZ based private lender. They provide loans in Arizona, California, and Nevada. They offer fix and flip hard money loans, rental property loans, private refinancing, new construction loans, commercial loans, and ...
Sharestates
11 Middle Neck Road Suite 314
Great Neck, NY 11021
Sharestates is a Great Neck, NY based hard money lender. They provide loans in 46 states across the US. They offer lending solutions for a variety of needs and situations, including hard money loans for commercial properties, fix ...
Stratton Equities
100 Lanidex Plaza
Parsippany, NJ 07054
Stratton Equities is the Nationwide leading hard money lender. We are passionate about helping small business owners, contractors, and Real Estate investors, swiftly and efficiently finance their investment goals. We customize our hard money loan programs for each unique project ...
Delancey Street Lending
12400 Wilshire Blvd
Los Angeles, CA 90025
Headquartered in Los Angeles, CA, Delancey Street Lending is a private lender offering funding in California. They provide loans for many different scenarios, including fix and flip, commercial loans, short-term bridge loans, investments properties, cash-out refinancing, and new construction. ...
La Jolla Capital Group
7880 Exchange Place
La Jolla, CA 92037
Headquartered in La Jolla, CA, La Jolla Capital Group is a private money lender providing funding throughout California. They provide lending solutions for many different situations, including bridge loans, private refinancing, and hard money loans for commercial properties. ...
North Coast Financial
2424 Vista Way #202
Oceanside, CA 92054
North Coast Financial is a hard money lender in Oceanside, CA providing loans throughout California. They offer lending solutions for many different situations, including refinancing, commercial loans, construction loans, hard money bridge loans, buy and hold loans, and ...
Rapid Commercial Loans
8855 Preston Trace Blvd, Suite 200
Frisco, TX 75033
Rapid Commercial Loans are private money lenders actively originating Private loans for commercial properties nationwide. With traditional lenders tightening up on their lending criteria, private money loans for commercial properties are becoming the most efficient loan product for many ...
Granite Funding
11764 Brook Valley Way
Rancho Cordova, CA 95742
Granite Funding is a Rancho Cordova, CA based private money lender. They offer funding in California. They provide fix and flip loans, hard money loans for commercial properties, bridge loans, refinancing, and new construction loans. They ...
Sunset Equity Funding
3435 Wilshire #1840
Los Angeles, CA 90010
Sunset Equity Funding is a hard money lender based in Los Angeles, California. They issue loans in all states except for Alaska, North Dakota, and South Dakota. Their loan offerings include purchase loans, fix and flip loans, new ...
Conquest Capital Partners
One Adams Pl. 859 Willard St, Suite 503
Quincy, MA 02169
Headquartered in Quincy, MA, Conquest Capital Partners is an asset-based lender providing loans in Boston. They provide lending solutions for a variety of situations and needs, including commercial loans, ground up construction loans, hard money bridge loans, loans for ...
Rockland Hard Money
222 N Sepulveda Blvd, Suite 2000
El Segundo, CA 90245
Rockland Hard Money is an asset-based lender in El Segundo, CA offering loans in California. They provide lending solutions for many different needs and situations, including buy and hold loans, construction loans, commercial loans, cash out hard money loans, ...
ARC Capital
100 Stony Point Rd., Suite 260
Santa Rosa, CA 95401
ARC Capital is a Santa Rosa, CA based private lender providing funding in 17 states throughout the country. They offer long term rental property loans, bridge loans, hard money loans for commercial properties, and short term fix and ...
Socotra Capital
2208 29th Street, Suite 100
Sacramento, CA 95817
Socotra Capital is a private lender headquartered in Sacramento, CA providing loans throughout California and Nevada. They provide lending solutions for a variety of scenarios, including private refinancing, construction loans, commercial hard money loans, bridge loans, loans for investments ...
Private Money Utah
349 E. 900 S. Suite 201
Salt Lake City, UT 84111
Private Money Utah is a Salt Lake City, UT based hard money lender who provides loans throughout Chicago. They provide lending solutions for many different situations, including short term fix and flip loans, construction loans, commercial hard money loans, ...
Commercial Loan Express
8 E. Figueroa Street Suite 250
Santa Barbara, CA 93101
Commercial Loan Express is a Santa Barbara, CA based private money lender providing funding throughout California. They offer private refinancing, fix-and-flip loans, short term loans, and ground-up construction loans. They provide terms between 6 months and ...
The Nikols Company
4041 MacArthur Boulevard, Suite 140
Newport Beach, CA 92660
The Nikols Company is private lender based in Newport Beach, CA. They offer funding in California. They offer lending solutions for a variety of scenarios, including hard money refinancing, hard money bridge loans, and private commercial ...
Streit Lending
15350 Sherman Way, Suite 301
Van Nuys, CA 91406
Streit Lending is a Van Nuys, CA based private money lender who provides loans throughout California. They provide construction loans, hard money loans for commercial properties, short term bridge loans, and fix-and-flip loans. They provide rates ...
Vanguard Hard Money
8 E. Figueroa Street, Suite 250
Santa Barbara, CA 93101
Vanguard Hard Money is a private lender in Santa Barbara, CA providing funding in California. They provide lending solutions for many different situations and needs, including short term bridge loans, hard money refinancing, loans for rental properties, hard money ...
Twin Capital Lending
18321 Ventura Blvd, Suite #310
Tarzana, CA 91356
Based in Tarzana, CA, Twin Capital Lending is an asset-based lender providing funding throughout California. They provide hard money bridge loans, short term fix and flip loans, private commercial loans, hard money construction loans, refinancing, and rental property ...
JMAC Funding
PO Box 91472
San Diego, CA 92169
JMAC Funding is a San Diego, CA based hard money lender offering loans in California. They offer fix and flip hard money loans, bridge loans, hard money loans for commercial properties, and investment property loans. Their loan ...
Capital Benefit
2727 Newport Boulevard, Suite 203
Newport Beach, CA 92663
Capital Benefit is a Newport Beach, CA based private lender who offers loans throughout California. They offer builder loans, fix-and-flip loans, commercial loans, short term loans, cash out hard money loans, and investment property loans. Their lending ...
Your Information is Processing