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There are 50 commercial lenders serving Riverside, CA. Note amounts average approximately $345,500. Interest rates for private loans average 9.2%. 20 months is the median term for notes issued in the city. The average loan offered in the city includes a 3.3 point origination charge. 74% is the average loan to value (LTV) offered for offered by lenders in Riverside.
Joshua is an entrepreneur in Riverside, CA. He wants to purchase a new retail space for his company but he is not able to get a commercial mortgage from his bank due to his low FICO score. He looks to Dynamic Investment Company for a commercial hard money loan in order to fund the acquisition. The list price of the new property is $420,000 and the lender agrees to contribute 70% of the purchase price (the loan to value / "LTV"), or $294,000. The remaining $126,000 will be paid by the borrower when the deal is closed. In addition, the lender requires a 3 point origination fee to go along with the 12%, 3 year term on the note. They will not enforce a pre-payment penalty if Joshua pays off the note before expiration. By the conditions of the loan, Joshua will need to pay an origination fee of $8,820 when the loan is closed. He will also begin to make payments of $2,940 per month throughout the duration of the note and will pay back the principle amount at the expiration of the 3 year term. If he decides to repay the note early, he may do so without any additional expense because there isn't a pre-payment penalty stipulated by the loan.
Candace runs a business in Riverside, CA and decides to buy a new commercial building for her operations. Since she is not able to secure a standard loan from a bank, she turns to Ocean View Funding Corporation for a commercial private money loan. The building costs $1,970,000. Based on a 60% loan to value (LTV) stipulated by the lender, the loan principle amount is $1,182,000. The remaining $788,000 will be be funded by Candace . The deal also specifies a 1 year term, a 14% interest rate, interest-only payments paid monthly with a balloon payment at the end of the note (with no pre-payment penalty), and a 5 percent origination charge. Candace will have to pay the origination fee of $59,100 and she will then begin making the monthly payments in the amount of $13,790 ($1,182,000 principle x 14% interest rate / 12 months per year). She can pay back the note early if she wants to because there isn't a pre-payment penalty but she is responsible for paying off the principle whenever she closes the loan.
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, ...
Happy Investments Inc is hard money lender based in Corona, CA. They offer loans throughout San Diego County, Orange County, Los Angeles County, Riverside County, San Bernardino County, Imperial County, and Ventura County. They provide fix ...
Nationwide Mortgage is a hard money lender in Mission Viejo, CA offering loans in 17 states throughout the country. They provide lending solutions for a variety of situations, including hard money loans for commercial properties, fix and flip hard ...
Karpe Real Estate Center is a Bakersfield, CA based private money lender. They offer loans in California. They offer construction loans, loans for rental properties, short term fix and flip loans, and commercial loans. They offer ...
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 ...
Headquartered in Sherman Oaks, CA, California Hard Money Direct is a private money lender providing funding throughout California. They provide loans for many different situations, including fix-and-flip loans, long term rental property loans, short term bridge loans, commercial loans, ...
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 ...
Mortgage Vintage is a Newport Beach, CA based private money lender offering loans in California. They offer loans for many different scenarios, including commercial hard money loans, hard money bridge loans, cash out hard money loans, ground-up construction loans, ...
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 ...
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. ...
Conventus is a San Francisco, CA based private lender. They provide funding in 10 states throughout the US. They provide fix-and-flip loans, private commercial loans, cash out hard money loans, and rental property loans. Their loan ...
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 ...
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 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 ...
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 ...
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 ...
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 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, ...
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, ...
Anchor Loans is a Calabasas, CA based private lender. They provide loans in 34 states throughout the US. They offer new construction loans, fix-and-flip hard money loans, loans for rental properties, refinancing, hard money bridge loans, and ...
The Legacy Group is a Colorado Springs, CO based private lender who offers loans in 8 states throughout the United States. Their lending focus is primarily on commercial hard money loans. They make loans ...
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 ...
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. ...
Wilshire Quinn Capital is a San Diego, CA based private lender. They offer loans in California. They provide fix and flip hard money loans, commercial hard money loans, bridge loans, and loans for rental properties. Their ...
Headquartered in Encinitas, CA, Scottway Capital is a private lender providing funding in California. They provide hard money loans for commercial properties, buy and hold loans, and fix and flip loans. They offer loans with a ...
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 ...
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 ...
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. ...
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 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 ...
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 ...
NSB Financing is a Miami, FL based hard money lender. They offer loans in 10 states throughout the United States. They offer loans for many different situations and needs, including commercial hard money loans, hard money construction loans, ...
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 ...
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 ...
Crawford Real Estate Services is an asset-based lender based in San Bernadino, CA offering funding throughout California. They provide new construction loans, fix and flip loans, long term rental property loans, and commercial loans. Their lending guidelines ...
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 ...
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. ...
Headquartered in Los Angeles, CA, Loan Oak Fund is a private lender offering loans throughout California. They offer lending solutions for a variety of situations, including fix and flip hard money loans, hard money loans for commercial properties, private ...
Capstone Financial is a Scottsdale, AZ based hard money lender who provides loans all across the US. They provide lending solutions for a variety of needs and situations, including cash out loans, fix and flip hard money loans, short ...
Headquartered in Albany, NY, CMN Funding is a hard money lender providing loans all across the US. Their lending focus is primarily on private commercial loans. They issue loan amounts starting at $2,000,000. They do not ...
Blackburne and Sons Realty Capital is a Sacramento, CA based private lender providing loans across the country. Their focus is mainly on commercial loans. They issue terms up to 15 years, loan amounts ranging from $100,000 ...
AJTM Financial Group is a Stamford, CT based hard money lender. They provide funding all across the US. They provide short term fix and flip loans and private commercial loans. Their loan guidelines are flexible, including ...
Headquartered in San Rafael, CA, Equity Coalition is a private lender offering loans throughout the US. They offer cash out hard money loans and commercial loans. They provide loan amounts ranging from $500,000 to $20,000,000, rates ...
Gokapital Mortgage is a Miami, FL based private lender who provides funding all throughout the US. They provide lending solutions for a variety of situations, including loans for rental properties, cash out hard money loans, fix-and-flip loans, hard money ...
Based in Hamilton, NJ, Creative Hard Money LLC is a private lender offering loans throughout the United States. They provide loans for many different scenarios, including fix and flip loans, cash out hard money loans, rental property loans, ground-up ...
Ocean Pacific Capital is an Irvine, CA based hard money lender. They offer loans throughout the US. Their lending focus is mainly on commercial loans. They provide loan amounts starting from $500,000 with a maximum LTV ...
Based in Lansdale, PA, 11 Capital Finance is a hard money lender offering funding throughout the United States. They provide hard money construction loans, cash out hard money loans, commercial hard money loans, and bridge loans. ...
Arrow Financial is a private lender headquartered in Rancho Cucamonga, CA offering loans throughout San Bernardino. Their focus is mainly on commercial loans. Their lending parameters are flexible, including loan amounts ranging from $250,000 to $50,000,000. ...
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. ...
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 ...
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