Temple View Capital

About Temple View Capital

Temple View Capital is a private lender headquartered in Bethesda, MD. They provide loans in 46 states throughout the US. They provide short-term and long-term fix and flip loans, loans for rental properties, bridge loans, and ground-up new construction loans for residential properties. They also offer short-term vacation rental property loans. Their lending parameters are versatile, including loan amounts ranging from $75,000 to $4,000,000 with industry-leading low rates and flexible terms. They are one of the only lenders in the country to offer advanced rehab draws as opposed to reimbursements with no monthly payments required. The focus of their lending is on residential 1-4 single-family homes, condos, and townhomes of non-owner occupied properties.TEMPLE VIEW CAPITAL FUNDING, LP™ 2016 is licensed (i) by the Financial Division of the California Department of Business Oversight as a California Finance Lender and Broker under DBO license #60DBO-73498, (ii) by the Department of Financial Institutions of Arizona as a Arizona Mortgage Banker under License # BK-1004278, (iii) in Minnesota as a Residential Mortgage Originator under License #MN-MO-1835832, (iv) maintains its Residential First Mortgage Notification status in Utah through the Utah Department of Financial Institutions, (v) by the Division of Financial Regulation of Oregon as an Oregon Mortgage Lender under License # ML-5871 and (vi) by the Nevada Division of Mortgage Lending as a Mortgage Company Licensee* under License # 5168. *It should be noted that in the state of Nevada some of Temple View Capital Funding, LP’s services may not be available to Nevada customers. *Rates, terms and conditions offered apply only to qualified borrowers in accordance with our guidelines at the time of application, property factors and geography and are subject to change at any time without notice. This is a non-binding expression of interest and does not create any legally binding commitment or obligation on the part of Temple View Capital Funding, LP or its affiliates and are subject to our credit, legal and investment approval process. Rates and terms are as of 11/29/2023.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans, Bridge Loans, New Construction Loans

Property Types Covered: Single Family, Multi Family

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

Licenses: California Finance Lender and Broker - DBO license #60DBO-73498

Lending Guidelines for Temple View Capital

Below are the general loan guidelines published on the Temple View Capital 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 Temple View Capital.

Loan Example 1

Clinton finds a townhome in Houston, TX to remodel and sell. Since he does not have enough cash on-hand to acquire the $340,000 property outright, he takes out a hard money loan from Temple View Capital. The loan-to-value (LTV) on the loan is 80%. This means that Clinton will bring 20% of the sales price to closing and the principle will be $272,000 on the loan. The parameters of the loan also include a two point origination fee which will be paid at closing and a 12 month, interest-only note with a 9% interest rate.

In addition to paying the $5,440 origination fee, Clinton will also have to fund $68,000 of the purchase with his own funds, or 20% of the sales price. The monthly interest-only payments will then be $2,040 to Temple View Capital. If Clinton sells the project for $459,000 after 12 months, he would make a gross profit of $89,080 after subtracting the original principle of $272,000, the cash paid at closing of $68,000, the origination points of $5,440, and the total interest payments of $24,480. This amount does not account for renovation costs.

Loan Example 2

Madeline takes a private money loan from Temple View Capital so she can renovate a townhouse to re-sell in Houston, TX. The deal has the following terms:

$160,000 purchase price
50% loan to value (LTV)
18 month term
14% interest rate
1% origination fee

After the renovation project is complete, if Madeline sells the house for $240,000, the numbers would be as follows:

$240,000 sales price
- $80,000 loan principle (50% LTV)
- $80,000 cash paid at closing (50% on 50% LTV)
- $800 origination fee (1% of the $80,000 principle)
- $16,800 interest payments (18 months x 14% interest)
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= $62,400 total profit (doesn't include taxes or renovation costs)