ASAP Hard Money where time really is money
Capital Finance specializes in making fast, hard money loans on real estate in California. We are a direct lender, so we can work for you in situations, where time is of essence. We work with all kinds of real estate ventures; residential and commercial properties, new construction and remodel projects, entitlements and raw land developments. We shine in situations where non-conforming constraints of conventional loans, just don't work. Our goal is to create a common sense financial solution for all parties involved.
No up front fees, you don't pay a dime, until we get your loan closed. In most cases, there is no up front money out of pocket.
Rates and Terms: Each loan is evaluated on an individual bases. On average, interest rates run between 11% and 12%, with monthly, interest only payments through the term of the loan. A balloon payment of the balance will be due at the end of the term. The loan terms range between 1-5 years, and there are
NO PREPAYMENT PENALTIES.
|
Rates:
| Type |
LTV |
Rate |
Amnt
|
Points
|
|
Homes |
65% |
9-12% |
50k-2mil
|
4-6
|
| Commercial |
55% |
11-12% |
50k-4mil
|
5-6
|
Construction
|
65%
|
9-12%
|
50k-1mil
|
4-6
|
Bridge Loans
|
65%
|
9-12%
|
50k-4mil
|
4-6
|
Purchase & Rehab
|
55%
|
9-12%
|
50k-1mil
|
5-6
|
Vacant Land
|
50%
|
11-12%
|
50K-1mil
|
5-6
|
Sub-Division
|
60%
|
10-12
|
90k-4mil
|
4-6
|
|