Equity Bridge Capital

About Equity Bridge Capital

Equity Bridge Capital is a San Francisco, CA based private lender offering funding in California. They provide lending solutions for a variety of scenarios, including builder loans, fix-and-flip loans, hard money bridge loans, private commercial loans, private refinancing, and loans for investments properties. Their loan parameters are flexible, including loan amounts ranging from $200,000 to $10,000,000 with a maximum LTV of 70%, rates ranging between 6.99% and 11.99%, and terms between 1 year and 5 years. They are able to lend funds to any borrower based on the property value and not on a minimum credit rating. They will make loans on all the following types of properties: single family units, multi family, apartments, offices, retail spaces, and mixed use buildings.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans, Commercial Hard Money Loans, New Construction Loans, Refinance / Cash Out Loans, Bridge Loans

Property Types Covered: Single Family, Multi Family, Apartment, Office, Retail, Mixed Use

Areas Served: CA

Lending Guidelines for Equity Bridge Capital

Below are the general loan guidelines published on the Equity Bridge Capital 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 Equity Bridge Capital.

Loan Example 1

Allan is a real estate investor in Los Angeles, CA. He finds a run-down property and decides to remodel it and flip it for a profit. The property has a cost of $240,000 but he doesn't have the full amount so he obtains a hard money loan with Equity Bridge Capital. Because the lender agrees to a 85% loan-to-value, Allan will have to put 15% down and the principle amount of the note will be $204,000. The interest rate on the note is 9% for a term of 6 months and the company requires a five point origination fee at closing. The interest is to be paid on a monthly basis and the principle amount will be returned after the property sells.

Therefore, Allan will be required to contribute a $36,000 down payment in addition to paying a $10,200 origination fee. After the loan is executed and Allan takes the property, he will need to begin making payments each month of $1,530 to Equity Bridge Capital ($204,000 principle x 9% / 12 months). If he sells the rehabed house for $300,000 at the end of the 6 month term, his total profit (not accounting for rehab expenses) would be $40,620. This is computed by taking the sales price ($300,000) and subtracting the principle ($204,000), the origination cost ($10,200), the cash he brought to closing ($36,000), and the total interest expenses ($9,180).

Loan Example 2

Cory takes out a private money loan from Equity Bridge Capital so he can rehab a townhouse to flip in Los Angeles, CA. The loan has the following terms:

a) A $180,000 sales price, b) a 50% loan-to-value (LTV), c) a 6 month term, d) a 12% interest rate, and e) a 2% origination fee.

Once the rehab project is complete, if Cory sells the property for $225,000, the final numbers would be the following:

$225,000 sales price
- $90,000 loan principle (50% LTV)
- $90,000 down payment (50% on 50% LTV)
- $1,800 origination fee (2% of the $90,000 principle amount)
- $5,400 interest payments (6 months x 12% interest)
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= $37,800 total profit (doesn't include taxes or rehab costs)

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