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Fix and Flip Loans in Auburn, California
We found 50 records for fix and flip hard money lenders in Auburn, CA. Note amounts average around $305,000. The median interest rate for private loans in Auburn is 11.0%. The median term offered for loans is 41 months. The average hard money loan offered in this city includes a 3.3 point origination charge. 73% is the average LTV offered for offered by lenders in Auburn.
Loan Example 1
Ben finds a townhouse in Auburn, CA to rehab and resell. Since he does not have enough cash to purchase the $390,000 project outright, he decides to take out a fix-and-flip loan from Redwood Lending Corporation. The borrower will need to bring 15% of the sales price in cash to the closing based on a 85% loan to value set by the lender. This makes the principle note from Redwood Lending Corporation $331,500. The terms of the loan also include a four percent origination fee which is to be paid at the closing and a 12 month, interest-only note with a 14% rate of interest.
In accordance with the parameters of the deal, Ben will need to pay a $13,260 origination fee in addition to 15% of the sales price, or $58,500, since there is a 85% LTV. After the deal closes, he will have to pay Redwood Lending Corporation $3,868 in monthly interest fees, or 14% multiplied times $331,500 divided by 12 months in a year. Ben's plan is to complete the house within the 12 months and resell it for $565,500. If he succeeds he will earn a total profit of $115,830 ($565,500 sales price - $331,500 principle - $58,500 cash paid at closing - $13,260 origination points - $46,410 in total interest paid.
Loan Example 2
Steven locates a duplex in Auburn, CA to renovate and resell. Because he does not have enough cash to buy the property outright, he takes a fix and flip loan from West Side Finance Corporation with the following parameters:
a) A $350,000 sales price, b) a 75% loan-to-value (LTV), c) a 18 month term, d) a 12% interest rate, and e) a 4% origination fee.
Assuming a $525,000 sales price at the end of the 18 month term, the final numbers for this project would look like the following:
$525,000 sales price
- $262,500 principle on note (75% LTV)
- $87,500 cash paid at closing (25% on 75% LTV)
- $10,500 origination points (4% of the $262,500 principle)
- $47,250 total interest paid (18 months x 12% interest)
-----------------------
= $117,250 total profit (doesn't include taxes or rehab 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 ...
All Inclusive Realty Group
3130 Fite Circle, Suite 1
Sacramento, CA 95827
Headquartered in Sacramento, CA, All Inclusive Realty Group is a private money lender offering loans across these locations: Sacramento, El Dorado Hills, Folsom, Elk Grove, Woodland, Roseville, Rocklin, Lincoln, Davis, Rancho Cordova, Orangevale, Granite Bay, and Fair Oaks. ...
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 ...
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 $6.6 Billion life-to-date in total loan volume to real estate ...
Premier Money Source
3334 E PCH Hwy #507
Corona Del Mar, CA 92625
Based in Corona Del Mar, CA, Premier Money Source is a hard money lender providing loans throughout California. They offer fix and flip loans and rental property loans. They offer rates ranging between 8.99% and 10.75%, ...
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 ...
Karpe Real Estate Center
8501 Camino Media, Suite 400
Bakersfield, CA 93311
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 ...
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. ...
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 ...
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 ...
Capella Mortgage
3765 E. Sunset Road B9
Las Vegas, NV 89120
Capella Mortgage is a private lender in Las Vegas, NV offering funding throughout Nevada, California, and Arizona. They offer loans for a variety of needs and situations, including rental property loans and fix-and-flip hard money loans. ...
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 ...
Wilshire Quinn Capital
2550 Fifth Avenue, Suite 1070
San Diego, CA 92103
Wilshire Quinn Capital, Inc. serves as manager of the Wilshire Quinn Income Fund, LLC, a California Hard Money Lender focused on short term bridge loans secured by first trust deeds. Wilshire Quinn is based in San Diego, CA with offices ...
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 ...
HouseMax Funding
5901 Old Fredericksburg Road, D 101
Austin, TX 78749
House Max is an Austin, Texas-based hard money lender offering direct loans to real estate investors throughout the state of Texas.
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 ...
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. ...
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. ...
Conventus
111 Potrero Avenue
San Francisco, CA 94103
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 ...
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 ...
Trimark Funding
5753 Santa Ana Canyon Road #617
Anaheim Hills, CA 92807
Trimark Funding is hard money lender headquartered in Anaheim Hills, CA. They provide funding in California. Their lending focus is mainly on fix and flip hard money loans. They do not require a minimum ...
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, ...
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 ...
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 ...
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 ...
Aegis Funding
2100 Main Street, suite 265
Huntington Beach, CA 92648
Aegis Funding is hard money lender based in Huntington Beach, CA. They provide loans throughout California. They offer lending solutions for a variety of needs and situations, including fix and flip loans and long term rental property ...
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 ...
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 ...
Scottway Capital
1106 2nd Street Suite 823
Encinitas, CA 92024
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 ...
Loan Oak Fund
11611 San Vicente Blvd., Suite 640
Los Angeles, CA 90049
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 ...
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 ...
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 ...
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, ...
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. ...
ACC Mortgage
932 Hungerford Drive, Unit 6
Rockville, MD 20850
Based in Rockville, MD, ACC Mortgage is a hard money lender offering loans in 16 states across the country. They offer fix and flip loans, commercial loans, private refinancing, and buy and hold loans. Their loan parameters ...
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 ...
Sound Equity Solutions, LLC
10900 NE 4th St
Bellevue, WA 98004
Sound Equity Solutions, LLC is a Bellevue, WA based private money lender offering funding in Washington, Oregon, and California. Their lending focus is mainly on fix and flip hard money loans. They primarily ...
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 ...
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 ...
Crawford Real Estate Services
1770 N. Arrowhead Ave
San Bernadino, CA 92405
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 ...
Westar Lending Group
19100 Ventura Blvd. Suite 9
Taezana, CA 91356
Westar Lending Group is a Taezana, CA based hard money lender offering funding throughout California. They offer loans for many different needs and situations, including short term fix and flip loans, loans for investments properties, private refinancing, and ...
EZ Construction Loan
P.O. Box 163
Cedar Ridge, CA 95924
Headquartered in Cedar Ridge, CA, EZ Construction Loan is a private money lender offering loans in Northern California. They provide loans for a variety of needs and situations, including short term bridge loans, short term fix and flip loans, ...
Castle Country Investments
113 Surrey Drive
Castle Rock, CO 80108
Castle Country Investments is a Castle Rock, CO based private money lender. They provide loans in Northern California. Their lending focus is primarily on fix-and-flip loans. Their lending guidelines are versatile, including loan amounts starting from ...
Rubicon Mortgage Fund
3575 Mt. Diablo Boulevard
Lafayette, CA 94549
Rubicon Mortgage Fund is an asset-based lender in Lafayette, CA providing funding throughout these areas: San Francisco County, Marin County, Alameda County, San Mateo County, Sonoma County, Napa County, Santa Clara County, Contra Costa County, Solano County, Butte County, Colusa ...
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