Asset-based Hard & Private Money Lenders

Asset-based Hard & Private Money Lenders

Address: 2100 Main Street. Suite #265
Huntington Beach, CA 92648
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Long Business Description:

https://www.facebook.com/aegisfunding/videos/1734179116842251/

 

ABOUT AEGIS FUNDING

Aegis Funding has been performing mortgage origination and mortgage banking transactions for over 12 years. We have developed a system, based on experience, to not only thoroughly underwrite any type of transaction but also streamline and automate processes for loan servicing; including all necessary precautions for total asset protection.

We are well versed in secondary markets; utilizing our financial background to maximize yields to the mortgage pool. Our years of REO experience help to mitigate risk and potential loss on any problems that might arise during the loan process. If you’re looking for asset protection, a great yield on your investment, and a little joy from helping others, then look no further. You’ve found it with Aegis Asset Backed Securities, LLC.

LOANS

Fix & Flip Loan

As a loan type, fix and flip is used exclusively for residential real estate opportunities that you are looking to rehab and sell within a short period of time, typically 6 to 9 months from the date of purchase.  Investors will purchase a distressed property or fixer-upper, with the intention of ‘fixing’ the damage and improving its look.

  • Loan Amount $50,000 – $2,500,000
  • Loan-To-Value (LTV) Max 75% of the (ARV)
  • No Prepayment Penalties
  • Rates 8.99% to 13%
  • Loan Points 2 to 3

Our Process:

  1. Loan Scenario: Tell us what you need the money for and what you have to offer.
  2. Pre-Approval Letter: Based on your loan scenario we can provide you with a pre-qualification letter within as little as 24 hours.
  3. Gather Docs: We will provide you with a list of documents we need in order to obtain and verify all your information.
  4. Fund Loan: Within 3-5 business days, your loan will be funded and that money will be available for you to use on your project.

Commercial Loans

For investors who are looking to purchase, refinance, or draw cash from an investment – private lending offers an alternative route that is faster, more efficient, and focused on the asset more than the borrower. Investors who are looking to secure loans on a short term basis or with credit challenges are the perfect fit for a commercial private money loan. An asset-based underwriting process also allows us to consider creative real estate investments.

  • Loan Amount 2,500,000 – 5,500,000
  • Loan-To-Value (LTV) Max 75% of the (ARV)
  • No Prepayment Penalties
  • Rates 8.9% to 13%
  • Loan Points 2 to 3

Our Process:

  1. Loan Scenario: Tell us what you need the money for and what you have to offer.
  2. Pre-Approval Letter: Based on your loan scenario we can provide you with a pre-qualification letter within as little as 24 hours.
  3. Gather Docs: We will provide you with a list of documents we need in order to obtain and verify all your information.
  4. Fund Loan: Within 3-5 business days, your loan will be funded and that money will be available for you to use on your project.

2nd Trust Deed Loan

You can obtain up to 65% loan to value including the existing 1st Mortgage. Another advantage of obtaining a 2nd Trust Deed Mortgage is you can get money to improve your home and avoid paying or it over a 30 year period. A final advantage to obtaining a 2nd Trust Deed Mortgage is getting funding, and if the intent was Business, please consult your Accountant that it may be a Business write off.

  • 1st Mortgage Stays in Tact
  • Loan for a Short Period of Time
  • Can be a Business Write Off
  • Quick Money for Construction Projects

Our Process:

  1. Loan Scenario: Tell us what you need the money for and what you have to offer.
  2. Pre-Approval Letter: Based on your loan scenario we can provide you with a pre-qualification letter within as little as 24 hours.
  3. Gather Docs: We will provide you with a list of documents we need in order to obtain and verify all your information.
  4. Fund Loan: Within 3-5 business days, your loan will be funded and that money will be available for you to use on your project.

Buy & Hold Loans

Our buy and hold loans on residential real estate have been a great source of success for many of Aegis Funding’s top clients. With traditional lenders limited to lending on owner-occupied or primary residences, Aegis Funding is the top private money lender in the market on non-owner-occupied residential properties.

  • Loan Amount 2,500,000 – 5,500,000
  • Loan-To-Value (LTV) Max 75% of the (AVR)
  • No Prepayment Penalties
  • Rates 8.9% to 13%
  • Loan Points 2 to 3

Our Process:

  1. Loan Scenario: Tell us what you need the money for and what you have to offer.
  2. Pre-Approval Letter: Based on your loan scenario we can provide you with a pre-qualification letter within as little as 24 hours.
  3. Gather Docs: We will provide you with a list of documents we need in order to obtain and verify all your information.
  4. Fund Loan: Within 3-5 business days, your loan will be funded and that money will be available for you to use on your project.

Other Loan Products

We understand that each project demands a different type of loan. This is why we offer a variety of other products that will fit your needs and allow you to obtain the capital you want.

  • Max Loan Amount: 2,000,000
  • Terms (in months): 12 Months
  • Average Interest: 10.25%

At first, loan options may be hard to understand, but when you actually break down the most common loan types, it’s easier to know which is the best fit for the project. Whether you’re doing your very first fix & flip or you want to expand your existing property portfolio, you’ll be a savvier, more confident shopper if you know all the options we carry.

  • Rehab Fix & Flip
  • Buy, Rehab & Hold
  • Short Sale Challenges/REO’s
  • Cash-Out Refinance

Our Process:

  1. Loan Scenario: Tell us what you need the money for and what you have to offer.
  2. Loan Recommendation: Our team will review your scenario and determine what options are available to you.
  3. Pre-Approval Letter: Based on your loan selection we can provide you with a pre-qualification letter within as little as 24 hours.
  4. Gather Docs: We will provide you with a list of documents we need in order to obtain and verify all your information.
  5. Fund Loan: Within 3-5 business days, your loan will be funded and that money will be available for you to use on your project.
Business Website Address:
Business Phone Number:
714-465-4611
Address: 5230 Las Virgenes Rd, Suite 105Calabasas, CA 91302
91302
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Anchor Loans is the nation’s number one private direct lender to fix-and-flip investors, and was the first to fund more than $1 billion in loans in a single year. Anchor remains the industry leader, providing over $1 billion in fix-and-flip financing every year since 2016 — with life-to-date fundings surpassing $7.74 billion.

Loans

  • Fix-and-flip loans can fund the purchase and renovation of residential investment properties. They’re typically short-term and offer quick closing on non-owner occupied properties in any condition. Anchor Loans can quickly fund your next fix-and-flip project with ease and reliability.
  • A new construction hard money loan can be used to finance the acquisition and construction of real estate properties. Anchor Loans can quickly fund your next construction project with speed, ease, and reliability.
Business Website Address:
Business Phone Number:
(888) 214-2791
Address: 55 E. 59th St., Sixth Floor
New York, NY 10022
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Loan Programs:

Spec Revolving Lines:

The SPEC Revolver / 5 Year Line program is for professional builders wanting to better optimize pricing and terms. Just as with our Construction Loans, expect nothing less than impeccable service including a dedicated loan representative and the potential for same-day draws. Make your funding reliable, simple, and fast.  If you would be a first-time client, consider starting your Builder Finance Inc. relationship with a regular Construction Loan before progressing to this.

Cost:

  • Rates as low as 6.99% fixed.
  • 2-3 points total for the entire 5-year term.

Maximum loan-to-cost:

  • 99%

Features:

  • “Skip” monthly payments.
  • Same day draws possible.
  • Projects up to $3.5+ million.

Construction Loans:

Interest rate:

  • 4.99 to 7.99% rate.
  • No monthly interest rate payments (14 months).

Maximum loan-to-cost:

  • 75% (65% new borrower).
  • 85% possible if land subordinate.

Features:

  • Same day draws possible.
  • Limited recourse available
  • And more…

Rental Loans:

    1 point. 4.25%-6.25% fixed rate.
5/2 ARM for investors wanting certainty and flexibility.
We fund and service Investment Property Loans

Loans to Acquire or Refinance an existing investment property:

PRICING: 5 Years = LOW Rates = 4.25%-6.25% investment property mortgage rates.

FLEXIBILITY: A 2-year extension option if need more time at the greater of Prime +1% and the rate during the initial term.

SERVICE: Unlike many lenders, we fund AND service our own investment property loans – we’re just an email or phone call away to help!

Build-2-Rent:

Single close, 5-year term.

The smart, easy way to build a rental property and then to hold it as a rental. One loan closing. Great terms. Great rates. Consistent service – we fund and hold our loans on the balance sheet. 

TERMS:

Size:

  • Loan size $100,000 – $650,000. Call for larger loans.
  • Loan-to-cost  75% – subject to qualifications.

Structure:

  • Term: 5 years (1 year for construction).
  • Recourse: Full
  • Payment: Year 1: Interest only with interest reserve. Years 2-5: Interest only available.

Costs:

  • Origination fee: 2%
  • Interest rate: 6.50%
  • Other: Third-party cost, $500 closing fee.

 

Business Website Address:
Business Phone Number:
800.752.0401
Address: 18301 Von Karman Ave., #330
Irvine, CA 92612
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Long Business Description:

https://www.facebook.com/centerstreetlendingcorp/videos/1084025895301651/

 

Our Difference

We are personally invested in each and every loan. We deliver easy transactions that are competitively priced and swiftly executed. Above all, we are committed to our customers’ success because when they succeed it’s good for everyone.

Loan Programs

Fix/Flip Program

For seasoned investors who buy, rehab and sell residential properties of up to 4 units.

Loan Features:

  • $100,000 – $2,500,000 loan amount
  • Flexible underwriting with minimal documentation
  • Quick closing time – 10 days or less
  • Maximum LTV (purchase): 85%
  • Maximum LTARV (after-repair value): 75%
  • Maximum LTC construction: 85%
  • Extremely competitive rates and points
  • Loan term: 6-18 months
  • Extensions options available
  • In-house easy draw process: fulfilled in four days
  • Property types: single-family residence, 2-4 units, townhomes, planned unit development, condominium
  • All properties must be non-owner occupied
  • No prepayment penalties
  • Markets: AZ, CA, CO, DC, FL, GA, MD, NC, OR, TN, TX, VA & WA
  • Foreign national: subject to a lower LTC/LTV threshold

Loan Benefits:

  • Easy lending on residential and rehab projects
  • Create more opportunities with fast loan turnaround
  • Less capital required to complete a project
  • You are covered if projects are extended
  • Quick access and hassle-free draws

Rental Program

Our rental program is for seasoned investors who buy and rent residential properties up to 4 units.

Loan Features:

  • Loan Amount: $150,000 – $1,500,000 ($50,000/unit min.)
  • Loan term: 30 years, 3 years fixed
  • Prepay: 3% prepay first 3 years, 3/2/1 available
  • Rates and points:  Extremely competitive
  • Maximum LTV: Up to 75%
  • Cash-out available: Certain terms apply
  • Quick closing time: 10 days or less
  • Underwriting: Flexible with minimal documentation
  • Property types: Single-family residence, 2-4 units,
    townhome, planned unit development & condominium
  • Markets: AZ, CA, CO, DC, FL, GA, MD, NC, TN, TX, VA & WA
  • Occupancy: Non-owner occupied properties only
  • Foreign nationals: Subject to a lower LTV threshold
  • Minimum DSCR: 0.75

Loan Benefits:

  • Create more opportunities with fast loan turnaround
  • Easy lending with limited documentation required
  • Simple process with a loan based on DSCR vs. tax returns

Ground Up Construction Program

Our ground-up construction program is for seasoned investors who need capital to start projects right away.

Loan Features:

  • Loan Amount: $250k minimum
  • Fico Score: 680 minimum
  • Loan term: 9 to 18 months
  • Prepay: No pre-payment penalty
  • Rates and points:  Extremely competitive
  • Maximum LTC/LTV: Up to 75%
  • Cash-out available: Certain terms apply
  • Quick closing time: 10 days or less
  • Underwriting: Flexible with minimal documentation
  • Property types: Single-family residence, 2-4 units,
    townhome, planned unit development & condominium, Multi-units < 20
  • Markets: AZ, CA, CO, DC, FL, GA, MD, NC, OR, TN, TX, VA & WA
  • Occupancy: Non-owner occupied properties only
  • Ground up experience required

Loan Benefits:

  • Create more opportunities with fast loan turnaround
  • Easy lending with limited documentation required
  • Quick, hassle-free draws to keep your construction projects moving

Bridge Loan Program

Our bridge loan program is for seasoned investors who need a bridge loan to close quickly on a property.

Loan Features:

  • Loan Amount: $100k minimum
  • Fico Score: 620 minimum
  • Loan term: 6 to 24 months
  • Entity ownership preferred
  • Rates and points:  Extremely competitive
  • Maximum LTC/LTV: Up to 75%
  • Cash-out available: Certain terms apply
  • Quick closing time: 10 days or less
  • Underwriting: Flexible with minimal documentation
  • Property types: Single-family residence, 2-4 units,
    townhome, planned unit development & condominium. Multi-units < 20
  • Markets: AZ, CA, CO, DC, FL, GA, MD, NC, OR, TN, TX, VA & WA
  • Occupancy: Non-owner occupied properties only

Loan Benefits:

  • Create more opportunities with fast loan turnaround
  • Easy lending with limited documentation required
  • No existing leases required, must be rent ready
Business Website Address:
Business Phone Number:
866.337.1062
Address: 2015 Manhattan Beach Blvd
Redondo Beach, CA
90278
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Programs:

Rental

GENERAL GUIDELINES

  • Portfolio or Single Asset loans
  • 30 year loans, fixed for 5, 7, or 10 years
  • Interest only for fixed period
  • Min. FICO: 600
  • Max LTV: 75-80% (Purchase, R & T, Cash-Out)
  • Property Types: SFR, 2-4 units, Condos, PUD’s, Townhomes
  • Loans to individuals or entities
  • Currently lending in AZ, CA, CO, FL, GA, HI, ID, IL, NC, NJ, NV, OR, PA, SC, TN, TX, UT, VA & WA; more states to come
  • Non-owner occupied only
  • Stabilized rental properties (leased or soon-to-be leased)
  • Bank statements only / no personal income verification
  • No DTI requirements for borrower
  • Non-Recourse available
  • Minimal DSCR requirements
  • Lender Fee: $1,195
  • No yield maintenance – sliding pre-pay only

Multifamily

LENDING GUIDELINES
ELIGIBLE LOCATIONS MSA’S in the following states: AZ, CA, CO, FL, GA, HI, NC, NV, OR, SC, TN, TX, UT, WA
PROPERTY TYPES Multifamily 5-100 Units
LOAN AMOUNT $500k to $10MM
LOAN TERM 1, 2 and 3 year loans
AMORTIZATION Fixed rate, interest only
LTC/LTV Up to 75% Loan to Cost and maximum 70% Loan to Value of stabilized value
DSCR Stabilized minimum 1.25x DSCR underwritten cash flow using prevailing rates at market rents
PROCESSING FEES $1,500 paid at closing
RESERVES No Rehab Component – Stabilized Property: 6 months interest
No Rehab Component – Non-Stabilized: 8 months interest
Extensive Rehab Loans/No Rehab Advance: 12 months interest + 100% of rehab budget
Extensive Rehab Loans/Rehab Advance: 12 months interest + 20% of rehab budget
SPONSOR / BORROWER Creditworthy individual(s) or entity acceptable to Lender with sufficient liquidity and net worth
BORROWING ENTITY LLC, Corporation, Trust (SPE may be required at lender’s discretion)
RECOURSE Non-recourse, with the exception of industry standard “bad boy” carve outs
ASSUMABLE No
PREPAYMENT 1yr loans: no minimum interest | 2yr loans: 8 months minimum interest | 3yr loans: 12 months minimum interest

Bridge

GENERAL GUIDELINES

  • Non-owner Occupied Only
  • Lending in AZ, CA, CO, FL, GA, HI, ID, NC, NV, OR, SC, TN, TX, UT, VA & WA; more states to come
  • Purchase, Refinance, Cash Out, Rehab
  • 75-80% LTV
  • $100K-$7.5 Million
  • SFR, 1-4, 5+, Condos
  • Interest Only Payments
  • Stated Income/Bank Statements Only
  • No Minimum FICO Requirements
Business Website Address:
Business Phone Number:
(888) 201-3780
Address: 6216 N. Federal Hwy.
Ft. Lauderdale, FL 33308
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ABOUT US

Before there were online or hedge fund-backed lenders, there was, and still is, EquityMax.  We are an efficient, hard-working operation that has always had a singular focus: catering to real estate investors.  We spend every minute of every day finding, selling, and funding deals on time, every time.  Established in 1990 to serve the needs of the real estate investment community, EquityMax has grown to one of the leading direct lenders in Florida, while also catering to out-of-state markets.  These include Georgia, South Carolina, North Carolina, Tennessee, Alabama, and more! With our help and a solid effort on your part, you should be able to profit handsomely in the business of real estate investing.

Our knowledgeable personnel has over 60 years of combined real estate experience to aid in any and all of your real estate transactions.
The EquityMax staff includes:

  • State-licensed Real Estate Brokers
  • 10 state-licensed Real Estate Broker Associates
  • 2 licensed, NMLS-recognized Loan Originators
  • Fully bilingual support staff.  HABLAMOS ESPANOL!

LOAN PROGRAMS

Fix and Flip / Cash-Out REFI

Quick Financing for the investor who wants to get in, get out, and move onto the next project.  If you already own a property outright, EquityMax can collateralize that real estate for direct funds to use on your next investment purchase.

  • Flexible LTVs (based on both Purchase Price and ARV)
  • Competitive Rates (Interest-Only and/or Fully Amortized options)
  • Minimal Insurance Requirements (No Wind / Flood / Builder’s Risk required)
  • No Balloon / No Prepayment Penalty
  • Free Comparable Analysis
  • Free Repair Analysis

Foreign National Loans

Hassle-free options for investors who do not meet standard credit qualifications.

  • ZERO prequalification financing
  • No Credit Required
  • No Asset Verification, Foreign or Domestic
  • No Personal Guarantee
  • All Residential and Commercial Property considered, including Condos

Non-Recourse Lending

Tailored loans for investors who invest with their alternative investment accounts.

  • Purchase properties through your Self-Directed IRA
  • Unique financing options with no personal guarantee
  • Profits are Tax-Deferred
  • Zero Prequalification or Documentation Required
  • Access to a preferred list of real estate-focused custodian servicers

Transactional Funding

Reliable, guaranteed financing for wholesalers who specialize in the “double closing”.

  • Perfect for Wholesalers
  • 100% of funds, including closing costs, financed by Lender
  • No Minimum or Maximum Loan Amounts
  • Title Company-Friendly
  • 1-3 Day Funding
  • For Transactions Under $1mm, starting at 1% of Loan Amount or $1,000, whichever is greater
  • For Transactions Over $1mm, inquire about specific terms

 

 

Business Website Address:
Business Phone Number:
(954) 267-9103
Business Fax:
(954) 771-2407
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Business Phone Number:
(888)-297-4440
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GoKapital, Inc.
Address: 2150 Coral Way, F1
33145
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Short Business Description:
Private lender offering real estate and business loans
Long Business Description:

GoKapital is a FinTech (financial technology) company with headquarters in Miami and offering our services nationwide. On the real estate side we provide hard money, commercial mortgages, bridge loans and programs for foreign nationals. We also offer private business loans, equipment financing, SBA loans, lines of credits and even personal loans.
Being a private lenders allows us to qualify clients, including new investors, with all ranges of credit score. Our process is streamlined to provide you with fast approvals and quick closings.
Call our office and our staff will be glad to answer any questions you may have.

Business Website Address:
Business Phone Number:
1-866-257-2973
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Address: 901 Yamato Rd #150, Boca Raton, FL
33431
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Business Phone Number:
(866) 782-3464
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