Secured Investment Lending

About Secured Investment Lending

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 out loans, and fix-and-flip loans. They provide terms between 12 months and 24 months and loans with a maximum LTV of 70%. They require borrowers to have a minimum credit rating of 540 to receive a loan. They make loans on all the following types of properties: single family residences, multi-family units, apartments, office buildings, retail units, hotels and motels, storage facilities, senior housing facilities, mixed use spaces, warehouse buildings, industrial buildings, and medical offices.

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

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

Areas Served: AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY

Licenses: NMLS #: 398266, License #: MLD804

Lending Guidelines for Secured Investment Lending

Below are the general loan guidelines published on the Secured Investment Lending 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 Secured Investment Lending.

Loan Example 1

Emilia closes on a $270,000 renovation project in Houston, TX, using a fix and flip loan from Secured Investment Lending. The terms of the note include a 55% loan-to-value (LTV), so she must contribute 45% of the price as cash to closing, which makes the principle loan amount $148,500. The note is interest-only, with monthly payments, and is for 6 months at 14% interest with 2 origination points paid when the deal closes.

Accordingly, Emilia will be required to make a $121,500 down payment plus pay a $2,970 origination fee. she will then pay $1,733 monthly to Secured Investment Lending. At the end of the loan, she sells the renovated property for $378,000. After deducting the $10,395 in interest payments ($1,733 multiplied by 6 months), the $2,970 origination fee, the $148,500 principle on the loan, and the $121,500 she brought to closing, she will make a gross profit of $94,635 ($378,000 sales price minus $283,365 in total costs). This amount would be reduced by any building costs paid out of pocket.

Loan Example 2

Alice is a an investor in Houston, TX. She purchases an older townhouse for a rehab project and obtains a private money loan from Secured Investment Lending with the following features:

$370,000 purchase price
85% loan-to-value (LTV)
6 month term
11% rate of interest
2% origination fee

If Alice succeeds in her goal of a $555,000 sales price, the numbers of the deal will be the following:

$555,000 sales price
- $314,500 loan principle (85% LTV)
- $55,500 cash paid at closing (15% on 85% LTV)
- $6,290 origination fee (2% of the $314,500 principle)
- $17,298 total interest paid (6 months x 11% interest)
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= $161,413 gross profit (doesn't include taxes or renovation costs)