Agoura Hills Financial

About Agoura Hills Financial

Agoura Hills Financial is private money lender headquartered in Agoura Hills, CA. They offer funding in California. They offer bridge loans, fix and flip loans, commercial hard money loans, and buy and hold loans. Their loan guidelines are flexible, including loan amounts ranging from $50,000 to $1,000,000 with a maximum LTV of 65%, terms between 3 years and 5 years, and rates ranging between 8.49% and 13%. They are able to lend money to all borrowers based on the property value and not on a minimum credit rating. They make loans on various property types, including single family residences, multi family residences, apartments, office units, retail units, hotels, storage facilities, senior living facilities, mixed use buildings, warehouses, industrial buildings, medical facilities, and raw land.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans, Commercial Hard Money Loans, Bridge Loans

Property Types Covered: Single Family, Multi Family, Apartment, Office, Retail, Hotel, Storage, Assisted Living, Mixed Use, Warehouse, Industrial, Medical, Land

Areas Served: CA

Licenses: DRE #01890010

Lending Guidelines for Agoura Hills Financial

Below are the general loan guidelines published on the Agoura Hills Financial 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 Agoura Hills Financial.

Loan Example 1

Agoura Hills Financial issues a hard money loan to Travis for a rehab project in Los Angeles, CA, on a property that costs $350,000. Since the lender sets a 85% loan-to-value, Travis will have to put 15% down and the total amount of the loan will be $297,500. The parameters of the loan also stipulate a one point origination fee which is to be paid at the closing and a 6 month, interest-only note with a 11% rate of interest.

In addition to paying the $2,975 origination fee, Travis will also fund $52,500 of the purchase with his own funds, or 15% of the purchase price. The monthly interest-only payments will then be $2,727 to the lender. Travis's plan is to complete the house by the end of the 6 months and sell it for $472,500. If he succeeds he will collect a total profit of $103,163 ($472,500 sales price - $297,500 principle - $52,500 funds brough to closing - $2,975 origination points - $16,363 in total interest payments.

Loan Example 2

Agoura Hills Financial issues a loan to Greg for a rehab project in Los Angeles, CA. The loan includes the following:

$230,000 sales price
65% loan-to-value (LTV)
6 month term
14% interest rate
1% origination fee

After the renovation project is completed, if Greg sells the house for $310,500, the numbers would be the following:

$310,500 sales price
- $149,500 principle (65% LTV)
- $80,500 down payment (35% on 65% LTV)
- $1,495 origination points (1% of the $149,500 principle)
- $10,465 interest payments (6 months x 14% interest)
-----------------------
= $68,540 gross profit (doesn't include taxes or renovation costs)