Golden Capital Group

About Golden Capital Group

Headquartered in Costa Mesa, CA, Golden Capital Group is a private lender offering funding in California. They offer lending solutions for many different needs and situations, including fix-and-flip hard money loans, loans for investments properties, and private commercial loans. Their lending parameters are flexible, including loan amounts up to $750,000, rates ranging between 9% and 12%, and terms up to 6 months. They provide loans on various property types, including single family units, multi family residences, apartment buildings, offices, retail units, mixed use, and industrial buildings.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans, Commercial Hard Money Loans

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

Areas Served: CA

Licenses: California Bureau of Real Estate Golden Capital Group License #01500022, NMLS #1672708, NMLS #370928

Lending Guidelines for Golden Capital Group

Below are the general loan guidelines published on the Golden Capital Group 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 Golden Capital Group.

Loan Example 1

Rosalind closes on a $370,000 rehab project in Los Angeles, CA, using a hard money loan from Golden Capital Group. The loan to value (LTV) on the note is 65%. This means that Rosalind will have to bring 35% of the sales price to the closing and the principle will be $240,500 on the loan. The interest rate on the loan is 12% for a length of 12 months and the lender requires a one point origination fee at closing. The interest payments are to be paid on a monthly basis and the principle amount will be paid back after the sale of the property.

Rosalind will have to fund a total of $32,400 up front to cover the $129,500 down payment plus the $2,405 origination fee. Once the loan is closed and Rosalind takes over the property, she will begin making payments each month of $2,405 to the lender ($240,500 principle x 12% / 12 months). If Rosalind sells the property for $518,000 after 12 months, she would then realize a total profit of $116,735 after deducting the principle of $240,500, the funds contributed at the close of $129,500, the origination points of $2,405, and the aggregate interest payments of $28,860. This amount does not include building costs.

Loan Example 2

Randi is a real estate investor in Los Angeles, CA. She finds a run-down property for a renovation project and takes a hard money loan from Golden Capital Group with the following paramters:

$240,000 purchase price
75% loan-to-value (LTV)
6 month term
8% rate of interest
3% origination fee

Based on a $348,000 sales price at the end of the 6 month term, the numbers for this project would look like the following:

$348,000 sales price
- $180,000 principle (75% LTV)
- $60,000 cash paid at closing (25% on 75% LTV)
- $5,400 origination points (3% of the $180,000 principle amount)
- $7,200 total interest paid (6 months x 8% interest)
-----------------------
= $95,400 total profit (doesn't include taxes or rehab costs)

No Reviews Yet

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

Write a Review for Golden Capital Group