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There are 50 lenders serving Hacienda Heights, CA. In this city, the mean amount for loans is $395,357. Rates on hard money loans issued to Hacienda Heights investors average about 9.9%. The mean loan made in the city has a term of 19 months. The mean origination fee for loans is 3.7 points. 74% is the typical loan to value (LTV) for offered by lenders in Hacienda Heights.
Esmeralda is a real estate investor in Hacienda Heights, CA. She locates a run-down property and decides to renovate it and flip it for a profit. The property costs $400,000 but she does not have the full amount so she takes out a hard money bridge loan with Oak Hill Investments. The borrower will be required to fund 40% of the purchase price in cash to closing based on a 60% loan-to-value stipulated by the lending company. This makes the principle note from Oak Hill Investments $240,000. The terms of the deal dictate a 11% note for 6 months. They also require a 2 point origination fee, that will also be paid when the property closes.
Therefore, Esmeralda will need to make a $160,000 down payment in addition to paying a $4,800 origination fee. The monthly interest only payments will then be $2,200 to the lender. At the expiration of the note, she sells the renovated property for $600,000. After deducting the $13,200 in interest payments ($2,200 times 6 months), the $4,800 origination fee, the $240,000 principle on the note, and the $160,000 she brought to closing, she will earn a gross profit of $182,000 ($600,000 price minus $418,000 in costs). This amount would be reduced by any renovation costs paid by the borrow.
Marjorie finds a property in Hacienda Heights, CA to rehab and re-sell. Since she does not have enough cash to buy the property outright, she takes a bridge loan from Allstar Funding Corporation with the following parameters:
$300,000 sales price
60% loan-to-value (LTV)
18 month term
14% interest rate
4% origination fee
Marjorie intends to sell the project when the note expires for $375,000. If she succeeds, the deal numbers will be as follows:
$375,000 sales price
- $180,000 principle (60% LTV)
- $120,000 down payment (40% on 60% LTV)
- $7,200 origination fee (4% of the $180,000 principle amount)
- $37,800 total interest paid (18 months x 14% interest)
-----------------------
= $30,000 gross 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 ...
2550 Fifth Avenue, Suite 1070
San Diego, CA 92103
Wilshire Quinn typically funds loans in 5 to 7 business days and originates bridge loans ranging from $200,000-$10,000,000. Wilshire Quinn works directly with real estate owners and mortgage professionals nationwide.As for Wilshire Quinn’s typical borrowers, their customer ...
120 Vantis, Suite 515
Aliso Viejo, CA 92656
Alliance Portfolio is a hard money lender headquartered in Aliso Viejo, CA offering loans throughout San Diego and Los Angeles. They offer private refinancing, short term loans, fix-and-flip hard money loans, and commercial hard money loans. ...
2004 University Ave #100
San Diego, CA 92104
Sequoian Investments is a San Diego, CA based private money lender who provides funding across the following locations: Anaheim, Bakersfield, Fresno, Irvine, Long Beach, Los Angeles, Oakland, Palm Springs, Riverside, Sacramento, San Bernardino, San Jose, Santa Ana, Santa Barbara, ...
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 ...
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 ...
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 ...
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. ...
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. ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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. ...
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. ...
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 ...
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 ...
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, ...
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 ...
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 ...
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 ...
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, ...
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 ...
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, ...
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 ...
9453 De Soto Avenue, Suite A
Chatsworth, CA 91311
Synergy Financial Partners is a Chatsworth, CA based hard money lender who offers funding throughout California, Nevada, and Texas. They provide loans for a variety of scenarios, including hard money loans for commercial properties, fix-and-flip loans, ground-up construction ...
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 ...
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 ...
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 ...
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. ...
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 ...
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 ...
11 Middle Neck Road Suite 314
Great Neck, NY 11021
Sharestates is a private, hard money lender in 46 states across the US. We offer financing solutions for a variety of needs and situations, including hard money loans for commercial properties, residential fix and flips, ground up construction, and long ...
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 ...
Mobius Capital is a private money lender offering funding across the following areas: San Diego, Los Angeles, San Jose, San Francisco, Dallas, Houston, Austin, and San Antonio. They offer lending solutions for a variety of scenarios, including buy ...
633 W 5th Street, 26th Floor
Los Angeles, CA 90071
Hard Money Lenders California is a private lender headquartered in Los Angeles, CA offering loans in Los Angeles, San Diego, and San Francisco. They provide commercial loans, fix-and-flip hard money loans, investment property loans, hard money construction loans, ...
13223 Ventura Blvd, Suite G
Studio City, CA 91604
Standard Home Lending Inc is a Studio City, CA based private lender who offers loans in Los Angeles. They offer loans for many different needs and situations, including private refinancing, hard money construction loans, short term loans, commercial hard ...
5709 Enoree Lane
Raleigh, NC 27616
Convisions Capital Group is a Raleigh, NC based hard money lender offering loans throughout Los Angeles. They provide commercial hard money loans, fix-and-flip hard money loans, ground-up construction loans, bridge loans, buy and hold loans, and refinancing. ...
123 E. 9th St #301
Upland, CA 91786
Spinnaker Loans, Inc is a private lender based in Upland, CA offering funding throughout Southern California. They offer loans for a variety of situations and needs, including refinancing, rental property loans, short term loans, fix and flip hard money ...
PO Box 28327
San Diego, CA 92198
Lending Associates is a private money lender based in San Diego, CA providing funding throughout Southern California. They offer commercial loans, ground-up construction loans, bridge loans, cash out hard money loans, and fix-and-flip loans. They provide ...
2525 E. Camelback Rd., Suite 1050
Phoenix, AZ 85016
Artemis Realty Capital is private money lender headquartered in Phoenix, AZ. They offer loans in Southern California. They provide loans for a variety of scenarios, including hard money loans for commercial properties, hard money refinancing, and ...
3585 Main Ave, Suite 208
Riverside, CA 92501
Rehab Loan Group is a Riverside, CA based private money lender offering funding in Southern California. They provide loans for many different situations and needs, including bridge loans and short term fix and flip loans. They issue ...
1215 N. Parker St
Orange, CA 92867
McMillen Capital, LLC is an Orange, CA based private lender offering loans throughout Southern California. They offer lending solutions for a variety of situations, including short term loans, hard money loans for commercial properties, and fix-and-flip loans. ...
350 11TH AVE SUITE 134
San Diego, CA 92101
Headquartered in San Diego, CA, Louie Loans is a private lender offering funding in San Diego County, Orange County, Los Angeles County, Riverside County, San Bernardino County, Imperial County, and Ventura County. They offer hard money construction loans, ...
13681 Newport Avenue, Suite 8311
Tustin, CA 92780
Based in Tustin, CA, Alta Equities is a hard money lender providing funding throughout San Diego County, Orange County, Los Angeles County, Riverside County, San Bernardino County, Imperial County, and Ventura County. They provide lending solutions for many ...
12636 High Bluff Drive, Suite 400
San Diego, CA 92130
Based in San Diego, CA, Trilion Capital is a private lender offering loans throughout San Diego County, Orange County, Los Angeles County, Riverside County, San Bernardino County, Imperial County, and Ventura County. They provide lending solutions for many ...
Buena Park, CA
Cornerstone Company is private money lender headquartered in Buena Park, CA. They provide loans throughout Orange County, Los Angeles County, Riverside County, San Bernardino County, and San Diego County. They provide fix-and-flip loans and hard money ...
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