Grace Capital Group

About Grace Capital Group

Grace Capital Group is an Orange, CA based private money lender providing loans in Orange County. Their lending focus is primarily on private commercial loans. Their loan parameters are flexible, including rates ranging between 10% and 13%, loan amounts ranging from $2,000,000 to $75,000,000 with a maximum LTV of 80%, and terms between 6 months and 240 months. They offer loans on numerous property types, including multi-family units, apartments, office buildings, retail units, hotels, storage buildings, assisted living facilities, mixed use spaces, warehouse buildings, industrial buildings, medical facilities, undeveloped land, and churches.

Loan Types Offered: Commercial Hard Money Loans

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

Areas Served: Orange County

Licenses: California DRE #01987016

Lending Guidelines for Grace Capital Group

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

Loan Example 1

Javier runs a small business in Anaheim, CA and decides to purchase a new building to run his operations. Because he isn't able to get a conventional mortgage loan from a bank, he turns to Grace Capital Group for a commercial private money loan. Because the borrower and lender contract to a 85% loan to value (LTV), Javier will bring $25,500 at the closing and the principle will be $144,500 because the cost of the new building is $170,000. The lender also specifies the following terms to the transaction: 1) a 11% rate of interest, 2) a 12 month length with interest-only payments to be made each month, 3) an origination fee of 5 percent paid by Javier when the deal closes, and 4) no fees for pre-payment. Under the terms of the loan, Javier will need to pay origination points of $7,225 when the loan is executed. He will also start making payments of $1,325 / month throughout the duration of the note and will re-pay the principle at the expiration of the 12 month term. If he decides to re-pay the note early, he may do so without any additional expense because there isn't a pre-payment penalty attached to the loan.

Loan Example 2

Grace Capital Group makes a private money loan to Ella for a remodeling project in Anaheim, CA. The deal dictates the following:

$200,000 sales price
50% loan to value (LTV)
12 month term
8% rate of interest
1% origination fee

Assuming a $250,000 sales price after the 12 month term, the numbers for this deal would look like the following:

$250,000 sales price
- $100,000 loan principle (50% LTV)
- $100,000 down payment (50% on 50% LTV)
- $1,000 origination fee (1% of the $100,000 principle)
- $8,000 total interest paid (12 months x 8% interest)
-----------------------
= $41,000 total profit (doesn't include taxes or rehab costs)

No Reviews Yet

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

Write a Review for Grace Capital Group