Capital Fundings

About Capital Fundings

Capital Fundings is hard money lender headquartered in Orlando, FL. They offer loans throughout Orlando. Their focus is primarily on fix and flip hard money loans. They provide rates starting at 11.99% , loan amounts starting from $100,000 with a maximum LTV of 75%, and terms up to 1 year. They require a minimum credit score of 550 to receive a loan. The focus of their loans is for single family homes and multi family.

Loan Types Offered: Fix and Flip Loans

Property Types Covered: Single Family, Multi Family

Areas Served: Orlando

Licenses: NMLS#1200373

Lending Guidelines for Capital Fundings

Below are the general loan guidelines published on the Capital Fundings 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 Fundings.

Loan Example 1

Jimmie is a house flipper in Orlando, FL. She finds a run-down property for sale and wants to rehab it and flip it for a profit. The property costs $280,000 but she doesn't have the full amount so she obtains a hard money loan with Capital Fundings. The borrower will be required to fund 45% of the sales price in cash to closing based on a 55% loan to value stipulated by the lending company. This makes the principle note from Capital Fundings $154,000. The rate on the note is 9% for a length of 18 months and the company requires a one point origination fee at closing. The interest payments are to be paid monthly and the principle will be returned after the sale of the property.

The borrower must bring a total of $32,400 up front to cover the $126,000 down payment in addition to the $1,540 origination fee. Capital Fundings will collect $1,155 in monthly interest payments from the Jimmie. This is calculated by taking the full note amount of $154,000, multiplying by the 9% rate of interest, and then dividing that number by 12. Jimmie's plan is to finish the remodel within the 18 months and resell it for $406,000. If she succeeds she will earn a profit of $103,670 ($406,000 price - $154,000 principle amount - $126,000 cash paid at closing - $1,540 origination points - $20,790 in interest.

Loan Example 2

Carl locates a house in Orlando, FL to renovate and re-sell. Since he does not have enough cash to buy the property outright, he takes a fix and flip loan from Capital Fundings with the following parameters:

$350,000 purchase price
65% loan-to-value (LTV)
18 month term
8% rate of interest
1% origination fee

Carl intends to list the house at the end of the term for $472,500. If he accomplishes his goal, the outcome will be the following:

$472,500 sales price
- $227,500 principle (65% LTV)
- $122,500 down payment (35% on 65% LTV)
- $2,275 origination points (1% of the $227,500 principle)
- $27,300 total interest paid (18 months x 8% interest)
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= $92,925 gross profit (doesn't include taxes or renovation costs)

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