Pacific Capital Equity Management

About Pacific Capital Equity Management

Pacific Capital Equity Management is private money lender based in Folsom, CA. They offer funding throughout California. They offer lending solutions for many different scenarios, including fix and flip hard money loans, ground-up construction loans, commercial loans, refinancing, and rental property loans. Their lending guidelines are versatile, including loan amounts ranging from $25,000 to $3,000,000 with a maximum LTV of 80%, rates starting at 8.5% , and terms between 3 months and 4 years. They are able to lend funds to all borrowers based on the value of the property and do not require a minimum FICO rating. They will make loans on numerous types of properties, including single family residences, multi family, apartment buildings, offices, retail spaces, storage facilities, mixed use buildings, hotels, warehouses, and industrial buildings.

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

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

Areas Served: CA

Licenses: BRE #02007108

Lending Guidelines for Pacific Capital Equity Management

Below are the general loan guidelines published on the Pacific Capital Equity Management 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 Pacific Capital Equity Management.

Loan Example 1

Bonnie takes a private money loan from Pacific Capital Equity Management in order to rehab a townhome to resale in Los Angeles, CA. The sales price of the house is $190,000. The borrower will need to contribute 15% of the sales price in cash to closing based on a 85% loan to value set by the lending company. This makes the principle amount from Pacific Capital Equity Management $161,500. The parameters of the loan dictate a 8% note for 18 months. They also stipulate a 4 point origination fee, that will also need to be paid upon closing.

In addition to paying the $6,460 origination fee, Bonnie will also fund $28,500 of the purchase with her own cash, or 15% of the sales price. Once the deal closes, she will have to pay the lender $1,077 in monthly interest payments, or 8% multiplied times $161,500 divided by 12 months in a year. If Bonnie sells the property for $285,000 after 18 months, she would then make a gross profit of $69,160 after deducting the principle of $161,500, the funds paid at closing of $28,500, the origination fee of $6,460, and the aggregate interest payments of $19,380. This gross profit doesn't include renovation costs.

Loan Example 2

Opal finds a property in Los Angeles, CA to remodel and resell. Because she does not have enough cash to buy the property outright, she takes a fix and flip loan from Pacific Capital Equity Management with the following parameters:

$370,000 purchase price
75% loan to value (LTV)
18 month term
8% interest rate
2% origination fee

Opal intends to sell the property when the note expires for $462,500. If she accomplishes her goal, the outcome will be the following:

$462,500 sales price
- $277,500 principle on note (75% LTV)
- $92,500 down payment (25% on 75% LTV)
- $5,550 origination points (2% of the $277,500 principle amount)
- $33,300 interest payments (18 months x 8% interest)
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= $53,650 gross profit (doesn't include taxes or rehab costs)

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