Advanced Funding Solutions

About Advanced Funding Solutions

Advanced Funding Solutions is an Encino, CA based hard money lender. They provide loans in California. They provide lending solutions for a variety of scenarios, including private commercial loans, cash out loans, fix and flip loans, and loans for investments properties. Their lending guidelines are flexible, including loan amounts ranging from $50,000 to $5,000,000 with a maximum LTV of 70%. They make loans on the following property types: single family homes, multi family, apartments, offices, retail spaces, mixed use buildings, warehouse buildings, and industrial facilities.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans, Commercial Hard Money Loans, Refinance / Cash Out Loans

Property Types Covered: Single Family, Multi Family, Apartment, Office, Retail, Mixed Use, Warehouse, Industrial

Areas Served: CA

Licenses: BRE License ID: 01973518, NMLS License ID: 1277693

Lending Guidelines for Advanced Funding Solutions

Below are the general loan guidelines published on the Advanced Funding Solutions website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by Advanced Funding Solutions.

Loan Example 1

Advanced Funding Solutions makes a fix-and-flip loan to Hugh for a renovation project in Los Angeles, CA, on a house that costs $400,000. The terms of the deal include a 60% loan-to-value (LTV), so he must contribute 40% of the price as cash at closing, making the principle loan amount $240,000. The terms of the deal dictate a 10% note for 12 months. They also stipulate a 5 point origination fee, that will also have to be paid at closing.

Accordingly, Hugh will have to contribute a $160,000 down payment in addition to paying a $12,000 origination fee. The monthly interest only payments will then total $2,000 to the lender. If Hugh sells the project for $480,000 after 12 months, he would make a total profit of $44,000 after subtracting the principle of $240,000, the funds paid at the close of $160,000, the origination fee of $12,000, and the total interest payments of $24,000. This amount doesn't include rehab costs.

Loan Example 2

Advanced Funding Solutions makes a loan to Gary for a remodeling project in Los Angeles, CA. The deal dictates the following:

$200,000 sales price
75% loan-to-value (LTV)
18 month term
8% interest rate
1% origination fee

Gary plans to sell the property when the note expires for $240,000. If he accomplishes his goal, the outcome would be as follows:

$240,000 sales price
- $150,000 loan principle (75% LTV)
- $50,000 cash paid at closing (25% on 75% LTV)
- $1,500 origination points (1% of the $150,000 principle)
- $18,000 interest payments (18 months x 8% interest)
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= $20,500 total profit (does not include taxes or rehab costs)

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