90% LTV Southern California Private Money Loan

,
90% LTV Southern California Private Money Loan

Each month, First Capital Trust Deeds receives several requests for high-leverage private money loans. Some requests we can accommodate while others won’t work. This high-leverage request for a 90% LTV Southern California private money fix and flip loan in the Palm Springs area was one request that worked.

For an 85-90% LTV request to work, the buyer/borrower needs to have secured a purchase price at a significant discount off the as-is value to where the loan would be at 75-80% of as-is value. This would equate to 85-90% of purchase price.

That’s where this loan scenario came in at. Thus it worked for the buyer, the lender, and for us as the broker.

Fix and Flip Financing Terms:

  • $157,500 Loan Amount
  • 12-Month Term
  • No Prepayment Penalty
Do you have a similar financing scenario?
Inquire about your financing options with FCTD.