LTV Lender Specializes in Business Purpose Investments and Bridge Loans.
Hard Money/Private Money Lender
Loans Without
The Hard Money Fees.
Brokers Welcomed
Hard Money/Private Money Lender
Loans Without
The Hard Money Fees.
Brokers Welcomed
1-4 Units
$100,000 - $2,000,000
LTV Purchase 80%/Refi 75%
Min FICO SFR 660/2-4 680
MIN DSCR .80x
Multifamily/Light Industrial/Restaurants
$100,000 - $2,000,000
Max LTV Purchase 80%/Refi 75%
Min FICO 650
MIN DSCR Investor 1.15x
Owner Occupied 1.2x
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$500,000 - $20,000,000
Add the net operating income number and total debt service number into the DSCR formula.
For example:
DSCR = Net operating income / Total debt service
Net operating income = $3 million
Total debt service = $2 million
DSCR = $3 million / $2 million
DSCR = 1.5
When you purchase a commercial property, it often takes time to make necessary improvements or attract suitable tenants. A bridge loan is a means of securing the short-term financing necessary to bridge this gap. We also offer bridge loans to small business owners who need capital for properties they already own free and clear, or in which they have substantial capital.
Being a direct lender allows us to perform quickly on transactions. It also gives us flexibility to underwrite and close loans that banks turn down. This includes commercial bail outs. These are loans where the borrower has missed payments, in forbearance, and/or are actively in default. We build loans tailored to each specific situation to help the borrower out of a sticky situation. Our loans are structured to close quickly in 5 days or less to save a property and provide the borrower with a bridge to a long-term solution.
If you’re an investor or flipper interested in buying properties that require all cash or hard money to fix and flip, consider our fix and flip hard money loans, which provide up to 85% of the purchase price and cost of rehab. These loans have no prepay, which allows you to sell the property as quickly as you can.
Looking to purchase residential real estate, make improvements, and hold it for the long-term as a source of continuous, stable income or Flip for quick profits? It’s often necessary to quickly locate and obtain the resources necessary to successfully secure desirable properties, but only the most cash-flush buyers can typically accomplish this. Our hard money residential rehab loans with same-day pre-qualification can help you compete!
Our cash-out refinance loans are suitable for those looking to purchase commercial and/or residential properties. Traditional lenders tend to have strict loan parameters that lock out many would-be buyers. Our cash-out refinance loans are a keyway of getting cash now by refinancing an existing mortgage for a greater amount. We can expedite this process, getting you cash right now!
Investors looking for monthly income or to build a real estate portfolio while the market is strong can benefit from our buy and hold hard money loans. These loans allow buyers to borrow for the purchase of a rental property. We understand the need to move quickly when opportunities arise. Our application, appraisal and approval process can be accomplished in just a few days, ensuring you are able to negotiate effectively with the property holder. We can provide long term financing of up to 20 years, with partial or full amortization.
Distressed properties offer amazing financial opportunities for both buyers and investors. Banks and property owners want to unload these properties fast and will only bother with buyers who have cash in hand. We can provide you with same-day pre-qualification for a hard money loan.
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Mon | 09:00 am – 05:00 pm | |
Tue | 09:00 am – 05:00 pm | |
Wed | 09:00 am – 05:00 pm | |
Thu | 09:00 am – 05:00 pm | |
Fri | 09:00 am – 05:00 pm | |
Sat | 09:00 am – 05:00 pm | |
Sun | 09:00 am – 05:00 pm |
LTV LENDER (714) 707 - 0929
Copyright © 2024 LTV LENDER - Department of Real Estate # 02046944 All Rights Reserved. This website does not constitute an offer to buy or sell securities. All investments are subject to risk of loss, including loss of principal. Any terms of investments are governed by the applicable documents offered by Socotra Capital or its affiliates.
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