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There are 50 results for private money lenders operating in Huntington Park, CA. In this city, the average amount for loans is $318,470. Rates on hard money loans made to Huntington Park investors average around 8.9%. The mean length offered for loans is 16 months. A typical hard money loan issued in this city carries a 3.4 percent origination charge. The average loan-to-value (LTV) offered for loans in Huntington Park is 75%.
Dennis takes a hard money loan from Rolling Brook Investment Company in order to remodel a house to flip in the Walnut Park area of Huntington Park, CA. The sales price of the house is $380,000. The lender agrees to make a loan with a 80% loan-to-value (LTV) so they are willing to loan $304,000 on the house. The loan is interest only, with monthly payments, and is for 12 months at 13% interest with 2 points paid when the deal closes.
By the terms of the note, Dennis will need to pay a $6,080 origination fee plus 20% of the sales price, or $76,000, based on the 80% LTV. The monthly interest only payments will then total $3,293 to the lender. At the end of the loan, he sells the renovated house for $551,000. After deducting the $39,520 in interest expenses ($3,293 multiplied times 12 months), the $6,080 origination fee, the $304,000 principle on the loan, and the $76,000 he brought to closing, he will make a total profit of $125,400 ($551,000 sales price minus $425,600 in total costs). This profit would then be reduced by any renovation costs paid out of pocket.
Leah takes a hard money loan from K & M Lending so she can renovate a property to resell in the Walnut Park subdivision of Huntington Park, CA. The deal has the following parameters:
a) A $210,000 purchase price, b) a 80% loan to value (LTV), c) a 6 month term, d) a 12% interest rate, and e) a 3% origination fee.
Based on a $304,500 sales price after the 6 month term, the outcome for this project would look like the following:
$304,500 sales price
- $168,000 note principle (80% LTV)
- $42,000 down payment (20% on 80% LTV)
- $5,040 origination points (3% of the $168,000 principle amount)
- $10,080 interest payments (6 months x 12% interest)
-----------------------
= $79,380 gross profit (doesn't include taxes or renovation costs)
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, ...
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. ...
Pacshores Mortgage Inc is a Los Angeles, CA based private lender who provides funding in Los Angeles. Their lending focus is mainly on loans for investments properties. They do not require their borrowers to have a ...
City Capital Realty is a Los Angeles, CA based private money lender offering funding in Los Angeles. They provide loans for many different needs and situations, including loans for investments properties, short term fix and flip loans, and ...
Hanover MC is hard money lender headquartered in Tustin, CA. They offer loans throughout Southern California. They provide loans for rental properties and fix-and-flip hard money loans. Their loan parameters are flexible, including loan amounts ...
Based in San Diego, CA, California Hard Money Now is a hard money lender providing funding in Los Angeles County, Orange County, and San Diego County. They offer loans for a variety of scenarios, including commercial loans, short ...
Based in Upland, CA, Allied Equity is an asset-based lender providing loans throughout San Bernardino. Their lending focus is primarily on fix-and-flip hard money loans. The focus of their lending is on single family ...
Headquartered in Encinitas, CA, Charger Funding is an asset-based lender offering funding throughout Santa Barbara and Santa Cruz. They offer loans for a variety of situations, including short term fix and flip loans, commercial hard money loans, rental property ...
The Norris Group is private money lender headquartered in Riverside, CA. They provide funding in Los Angeles County, Orange County, San Diego County, Riverside County, San Bernardino County, and Kern County. They offer lending solutions for ...
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 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 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 ...
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, ...
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, ...
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. ...
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%, ...
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 ...
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 ...
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. ...
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 ...
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 ...
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, ...
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 ...
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. ...
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 ...
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 ...
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 ...
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 ...
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, ...
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 ...
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. ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 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 ...
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 ...
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 ...
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 ...
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. ...
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 ...
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, ...
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. ...
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