Atlanta Capital Lending

About Atlanta Capital Lending

Headquartered in Cumming, GA, Atlanta Capital Lending is an asset-based lender providing loans in Atlanta. They offer loans for a variety of situations, including fix and flip hard money loans and loans for investments properties. They provide rates ranging between 12% and 15%, loans with a maximum LTV of 75%, and terms between 6 months and 1 year. They do not require borrowers to have a minimum FICO rating to obtain a loan. They primarily provide loans on single family and multi-family.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans

Property Types Covered: Single Family, Multi Family

Areas Served: Atlanta

Lending Guidelines for Atlanta Capital Lending

Below are the general loan guidelines published on the Atlanta Capital Lending 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 Atlanta Capital Lending.

Loan Example 1

Joni takes a hard money loan from Atlanta Capital Lending in order to rehab a condo to flip in Atlanta, GA. The sales price of the property is $270,000. The terms of the note include a 85% loan to value (LTV), so she must contribute 15% of the price as cash at closing, which makes the principle loan amount $229,500. The rate on the loan is 13% for a length of 12 months and the company requires a four point origination fee at the closing. The interest payments are to be paid on a monthly basis and the principle will be returned after the property sells.

In addition to paying the $9,180 origination fee, Joni will also need to fund $40,500 of the purchase with her own funds, or 15% of the sales price. she will then pay $2,486 monthly to the lender. If Joni sells the property for $405,000 after 12 months, she would make a total profit of $95,985 after deducting the principle of $229,500, the money contributed at the close of $40,500, the origination points of $9,180, and the total interest payments of $29,835. This gross profit does not account for rehab costs.

Loan Example 2

Atlanta Capital Lending issues a hard money loan to Nadine for a remodeling project in Atlanta, GA. The deal dictates the following:

$320,000 sales price
80% loan-to-value (LTV)
12 month term
14% interest rate
4% origination fee

Based on a $384,000 sales price at the end of the 12 month term, the final numbers for this deal would look like this:

$384,000 sales price
- $256,000 note principle (80% LTV)
- $64,000 cash paid at closing (20% on 80% LTV)
- $10,240 origination fee (4% of the $256,000 principle amount)
- $35,840 interest payments (12 months x 14% interest)
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= $17,920 total profit (does not include taxes or renovation costs)

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