Americap Financial Group

About Americap Financial Group

Americap Financial Group is a Chicago, IL based private money lender offering funding throughout the country. They provide cash out hard money loans, fix and flip loans, ground-up construction loans, short term loans, private commercial loans, and long term rental property loans. They issue terms between 6 months and 20 years, loan amounts ranging from $2,000,000 to $500,000,000, and rates ranging between 10% and 13%. They make loans on all of the following property types: single family homes, multi-family units, apartment buildings, office buildings, retail units, hotels, storage facilities, assisted living facilities, mixed use buildings, undeveloped land, churches, warehouse buildings, industrial facilities, and medical offices.

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

Property Types Covered: Single Family, Multi Family, Apartment, Office, Retail, Hotel, Storage, Assisted Living, Mixed Use, Land, Church, Warehouse, Industrial, Medical

Areas Served: National

Lending Guidelines for Americap Financial Group

Below are the general loan guidelines published on the Americap Financial Group 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 Americap Financial Group.

Loan Example 1

Vera closes on a $190,000 renovation project in Salem, OR, using a fix and flip loan from Americap Financial Group. The loan-to-value (LTV) on the deal is 80%. This means Vera will bring 20% of the sales price to the closing and the principle will be $152,000 on the deal. The interest rate on the note is 11% for a length of 6 months and the company requires a two point origination fee at closing. The interest payments are to be paid monthly and the principle will be paid back after the property sells.

The borrower will need to contribute a total of $32,400 up front to cover the $38,000 down payment plus the $3,040 origination fee. Once the deal closes, she will have to pay Americap Financial Group $1,393 in monthly interest fees, or 11% multiplied by $152,000 divided by 12 months in a year. If Vera achieves her goal of a $266,000 total sales price when the loan expires, she would earn a total profit of $64,600 after repaying the principle on the note and deducting the cash she contributed at closing, the origination points, and the monthly interest payments.

Loan Example 2

Aimee finds a house in Memphis, TN to rehab and re-sell. Because she does not have enough cash to buy the property outright, she takes a fix and flip loan from Americap Financial Group with the following parameters:

a) A $280,000 sales price, b) a 50% loan to value (LTV), c) a 18 month term, d) a 13% interest rate, and e) a 3% origination fee.

If Aimee succeeds in her goal of a $378,000 sales price, the outcome of the deal will be as follows:

$378,000 sales price
- $140,000 principle on note (50% LTV)
- $140,000 down payment (50% on 50% LTV)
- $4,200 origination points (3% of the $140,000 principle)
- $27,300 interest payments (18 months x 13% interest)
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= $66,500 total profit (doesn't include taxes or rehab costs)

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