Genesis Capital

About Genesis Capital

Genesis Capital is a Woodland Hills, CA based private lender. They provide funding in 17 states throughout the United States. They offer ground up construction loans, bridge loans, buy and hold loans, fix-and-flip loans, private refinancing, and hard money loans for commercial properties. They offer loan amounts up to $10,000,000 with a maximum LTV of 90% and rates ranging between 7% and 12%. They provide loans on numerous property types, including single family, multi family residences, apartment buildings, office buildings, retail spaces, mixed use spaces, and industrial 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, Industrial

Areas Served: AZ, CA, CT, FL, GA, IL, MD, NV, NJ, NY, NC, OR, PA, TX, VA, WA, DC

Lending Guidelines for Genesis Capital

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

Loan Example 1

Genesis Capital makes a hard money loan to Socorro for a rehab project in Houston, TX, on a house that costs $250,000. The terms of the note include a 60% loan to value (LTV), so she must bring 40% of the price as cash at closing, which makes the principle loan amount $150,000. The parameters of the loan dictate a 11% note for 6 months. They also require a 2 point origination fee, which will also be paid when the property closes.

Therefore, Socorro will be required to make a $100,000 down payment in addition to paying a $3,000 origination fee. Once the deal is closed and Socorro takes the project, she will begin making payments each month of $1,375 to Genesis Capital ($150,000 principle x 11% / 12 months). If Socorro achieves her goal of a $362,500 total sales price when the loan term expires, she would collect a gross profit of $101,250 after re-paying the principle amount and deducting the cash she contributed at closing, the origination points, and the total interest payments.

Loan Example 2

Vincent is a an investor in Houston, TX. He purchases an older property for a remodeling project and obtains a hard money loan from Genesis Capital with the following features:

$190,000 purchase price
80% loan to value (LTV)
12 month term
12% interest rate
5% origination fee

Once the renovation project is complete, if Vincent sells the house for $237,500, the numbers would be as follows:

$237,500 sales price
- $152,000 principle (80% LTV)
- $38,000 down payment (20% on 80% LTV)
- $7,600 origination fee (5% of the $152,000 principle amount)
- $18,240 total interest paid (12 months x 12% interest)
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= $21,660 gross profit (does not include taxes or rehab costs)