Capital Funding Hard Money

About Capital Funding Hard Money

Capital Funding Hard Money is an asset-based lender in Houston, TX offering funding throughout the US. They provide loans for many different situations and needs, including hard money refinancing, bridge loans, and hard money loans for commercial properties. They offer loans on various property types, including multi-family units, apartment buildings, office buildings, retail storefronts, hotels/motels, storage buildings, senior housing communities, mixed use buildings, raw land, churches, warehouse buildings, industrial buildings, and medical offices.

Loan Types Offered: Commercial Hard Money Loans, Refinance / Cash Out Loans, Bridge Loans

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

Areas Served: National

Lending Guidelines for Capital Funding Hard Money

Below are the general loan guidelines published on the Capital Funding Hard Money 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 Hard Money.

Loan Example 1

Tony owns a business in Toledo, OH and needs to acquire a new commercial building for his operations. Since he isn't able to secure a standard loan from a bank, he looks to Capital Funding Hard Money for a commercial hard money loan. The lender contracts to a 65% loan to value (LTV) on the deal and the new building is listed for $400,000, so they will loan $260,000 and Tony will pay the additional $140,000. The parameters of the loan include a 18 month length, a 12% interest rate, and 1 origination points to be paid by the borrower when the transaction closes. Under the parameters of this deal, Tony will have to pay origination points of $2,600 when the deal is executed. He will also begin making payments of $2,600 per month throughout the duration of the note and will pay back the principle at the expiration of the 18 month term. If he decides to repay the note before, he may do so without any additional cost because there is no pre-payment penalty associated with the loan.

Loan Example 2

Jesse is a real estate investor in Des Moines, IA. He purchases a run-down townhouse for a renovation project and takes out a hard money bridge loan from Capital Funding Hard Money with the following features:

a) A $320,000 purchase price, b) a 70% loan-to-value (LTV), c) a 18 month term, d) a 9% interest rate, and e) a 3% origination fee.

Jesse intends to list the house when the note expires for $384,000. If he accomplishes his goal, the deal numbers will be the following:

$384,000 sales price
- $224,000 principle on note (70% LTV)
- $96,000 cash paid at closing (30% on 70% LTV)
- $6,720 origination fee (3% of the $224,000 principle)
- $30,240 total interest paid (18 months x 9% interest)
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= $27,040 total profit (doesn't include taxes or rehab costs)