Aegis RE Partners

About Aegis RE Partners

Based in Tampa, FL, Aegis RE Partners is a private lender providing loans throughout California and Florida. They offer loans for many different situations, including short term fix and flip loans and builder loans. They provide rates ranging between 10% and 12% and loans with a maximum LTV of 65%. They do not require borrowers to have a minimum FICO score to receive a loan. They will consider various lending requests but usually focus on single family residences.

Loan Types Offered: Fix and Flip Loans, New Construction Loans

Property Types Covered: Single Family

Areas Served: CA, FL

Lending Guidelines for Aegis RE Partners

Below are the general loan guidelines published on the Aegis RE Partners website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by Aegis RE Partners.

Loan Example 1

Matthew is an investor in Los Angeles, CA. He locates an older property and decides to rehab it and sell it for a profit. The house costs $290,000 but he does not have the full amount so he takes a hard money loan with Aegis RE Partners. Since the lender sets a 65% loan-to-value, Matthew will need to put 35% down so the total amount of the loan will be $188,500. The parameters of the deal also include a two percent origination fee that is to be paid at the closing and a 6 month, interest only note with a 12% rate of interest.

Accordingly, Matthew will need to make a $101,500 down payment plus pay a $3,770 origination fee. Aegis RE Partners will collect $1,885 in monthly interest from the borrower. This is calculated by taking the full loan value of $188,500, multiplying by the 12% rate of interest, and then dividing that number by 12. Matthew's intention is to finish the project by the end of the 6 months and sell it for $377,000. If he succeeds he will earn a gross profit of $71,920 ($377,000 price - $188,500 principle - $101,500 down payment - $3,770 origination points - $11,310 in total interest paid.

Loan Example 2

Carlos is a real estate investor in Los Angeles, CA. He finds an older property for a renovation project and takes out a private money loan from Aegis RE Partners with the following terms:

$400,000 purchase price
85% loan to value (LTV)
18 month term
8% rate of interest
4% origination fee

If Carlos achieves his goal of a $560,000 sales price, the final numbers of the deal would be as follows:

$560,000 sales price
- $340,000 loan principle (85% LTV)
- $60,000 cash paid at closing (15% on 85% LTV)
- $13,600 origination points (4% of the $340,000 principle amount)
- $40,800 interest payments (18 months x 8% interest)
-----------------------
= $105,600 gross profit (doesn't include taxes or rehab costs)

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