Capital Funding Corporation

About Capital Funding Corporation

Capital Funding Corporation is a Los Angeles, CA based private lender. They offer loans all throughout the United States. They offer ground-up construction loans and commercial loans. They offer loan amounts ranging from $3,000,000 to $50,000,000 with a maximum LTV of 75% and terms between 1 year and 3 years. They provide loans on numerous types of properties, including multi-family, apartment buildings, office units, retail spaces, hotels, storage facilities, mixed use spaces, and industrial buildings.

Loan Types Offered: Commercial Hard Money Loans, New Construction Loans

Property Types Covered: Multi Family, Apartment, Office, Retail, Hotel, Storage, Mixed Use, Industrial

Areas Served: National

Lending Guidelines for Capital Funding Corporation

Below are the general loan guidelines published on the Capital Funding Corporation 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 Capital Funding Corporation.

Loan Example 1

In order to buy a new building for his business, Don looks to Capital Funding Corporation to fund his acquisition with a commercial private money loan because he isn't able to secure a commercial mortgage from a bank. The new building will cost $370,000. Based on a 55% loan to value (LTV) set by the lender, the principle is $203,500. The remaining $166,500 will be the responsibility of Don. The loan also dictates a 18 month term, a 14% interest rate, interest-only payments made monthly with a final payment at the end of the note (with no pre-payment penalty), and a 4 percent origination fee. According to the terms of this loan, Don will need to pay an origination fee of $8,140 when the loan closes. He will also begin making payments of $2,374 per month for the duration of the note and will pay back the principle at the end of the 18 month loan term. If he decides to re-pay the note earlier, he may do so without an additional cost because there is no pre-payment penalty attached to the deal.

Loan Example 2

Capital Funding Corporation makes a hard money loan to Summer for a rehab project in Santa Rosa, CA. The deal includes the following:

a) A $230,000 sales price, b) a 85% loan to value (LTV), c) a 12 month term, d) a 10% interest rate, and e) a 3% origination fee.

Summer plans to list the property at the end of the term for $287,500. If she succeeds, the final numbers would be as follows:

$287,500 sales price
- $195,500 principle (85% LTV)
- $34,500 down payment (15% on 85% LTV)
- $5,865 origination points (3% of the $195,500 principle)
- $19,550 total interest paid (12 months x 10% interest)
-----------------------
= $32,085 total profit (does not include taxes or renovation costs)

No Reviews Yet

Capital Funding Corporation currently has no reviews. To add a review now, click the link below:

Write a Review for Capital Funding Corporation