First Capital Trust Deeds (FCTD) specializes in hard money mortgage brokering. Over the years, the company has originated numerous private loans in Napa, Sonoma, Santa Rosa, Calistoga, Healdsburg, Saint Helena, Rohnert Park and Sebastopol.
Why Choose First Capital Trust Deeds for Hard Money Financing in Napa?
Since 2013, our experienced hard money lending business has created more than 2,500 loans worth more than $2.5 billion. We arranged over 500 loans in 2022 for property investors across 23 states. As their needs change, our devoted customers frequently return to us to finance many kinds of loans. We provide them with the appropriate financing options at every stage of their projects, whether fix and flip, rental properties, new development, or other endeavors.
In contrast to hard money lenders that rely on a single source of funding, mortgage brokers have clear advantages, especially amid market shocks like the start of the COVID-19 pandemic. We were able to reroute our loans to mortgage funds, family offices and individual trust deed investors when conduit lenders stopped financing — ensuring that our clients' projects kept moving forward. We may not always be the ideal option for every borrower, but we're dedicated to matching our partners with appropriate funding for their goals.
With What Types of Financing Scenarios Does First Capital Trust Deeds Have Experience?
First Capital Trust Deeds has worked with numerous real estate investors to secure financing for the following scenarios:
What Are The Advantages of a Hard Money Loan in Napa Valley?
Some benefits of a hard money loan to purchase, refinance or cash-out refinance include:
Speed/Closing Time: If your bank financing fell through at the last minute or you have a five-day offer deadline, hard money loans can close fast. FCTD has closed loans in an emergency in as few as 24 hours, although the typical closing period is 5 to 14 days.
Credit Rating: Though a minor factor, a credit check is still part of hard money lending. Hard money lenders want to see how you've historically handled paying your debts. They’ll want to be sure you have good credit if your exit plan is to refinance into long-term bank borrowing to settle a construction or bridge loan. A few flaws are acceptable. Yet you'll undoubtedly be prevented from getting a hard money loan with a lengthy history of delinquencies and loan defaults.
Rehab and Non-Stabilized Property Financing: Some properties aren’t eligible for bank financing due to their bad condition, high vacancy rates or complete vacantness. Investors can purchase homes to repair or stabilize with long-term tenants through hard money bridge loans.
Disclaimer: Information, rates, and pricing are subject to change without prior notice. All loans subject to borrowers and underlying collateral meeting First Capital Trust Deeds’ and/or assigns then-current underwriting criteria. Other restrictions apply.
