<< Loan Programs | Home Page

Short-term Bridge Financing for California Real Estate

Private mortgage fund specializes in bridge loans typically ranging from $250,000 to $10,000,000 on investment property located throughout California...
Office Buildings Industrial Buildings Non Owner Occupied Houses Hotels & Motels Property under Rehab / Construction Apartments	Retail Strip & Shopping Centers Religious Institutions Mobile Home Parks Restaurants Multiple Properties / Partial Releases

Location: California only

Type of Loans: First Trust Deeds only

Loan Amount: $250,000 to $10,000,000

Types of Property: office buildings, industrial buildings, non owner occupied homes, hospitality, property under rehab/construction, apartments, retail strip and shopping centers, religious institutions, mobile home parks, restaurants, multiple properties/partial releases.

Interest Rates: 8.9% to 9.9%, interest only, based on the quality of the property, location of the property, credit worthiness of the borrower and amount or size of the loan. Fixed for the first 12 months; rates for terms in excess of 12 months are prime based.

Origination Fees: lender determines the amount of the origination fees based on the quality of the property, location of the property, credit worthiness of the borrower, the amount or size of the loan and loan term.

Loan Maturities: from 30 days up to 12 months with 6 month extensions, up to an additional 12 months.

Loan to Value: up to 60% on improved property.

Closing Costs: standard thrid party costs such as title and escrow. Typically no legal fees. Reasonable site inspection fee for properties located outside metropolitan Los Angeles and Orange County.

---

See other CA Private Money Loan Programs


Company: Lone Oak Fund

Disclaimer: all information herein is believed to be correct, but we do not guarantee its accuracy and rely on prospects to rely only on their own investigations.

© Real Showing - Real Esatate Consultants