Helvetica Funding Group

About Helvetica Funding Group

Helvetica Funding Group is a Carlsbad, CA based private money lender who offers loans in California, Arizona, Florida, Oregon, and Texas. They provide hard money loans for commercial properties, private refinancing, fix and flip hard money loans, hard money bridge loans, and long term rental property loans. They offer terms between 6 months and 5 years, loan amounts ranging from $300,000 to $10,000,000 with a maximum LTV of 65%, and rates ranging between 6.99% and 12.99%. They provide loans on the following types of properties: single family units, multi-family, offices, mixed use spaces, and industrial facilities.

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

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

Areas Served: CA, AZ, FL, OR, TX

Lending Guidelines for Helvetica Funding Group

Below are the general loan guidelines published on the Helvetica Funding 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 Helvetica Funding Group.

Loan Example 1

Helvetica Funding Group makes a fix and flip loan to Johnny for a rehab project in Houston, TX, on a house that is listed for $370,000. The lender agrees to write a note with a 65% loan to value (LTV) so they will loan $240,500 on the house. The parameters of the loan dictate a 10% note for 6 months. They also stipulate a 4 point origination fee, that will also have to be paid at closing.

Johnny will have to contribute $129,500 at closing (35% on the 65% loan to value), plus he will have to pay the $9,620 origination fee. The lender will collect $2,004 in monthly interest from the borrower. This is calculated by taking the full note amount of $240,500, multiplying that by the 10% rate of interest, and then dividing that number by 12. If Johnny meets his goal of a $462,500 total sales price when the loan term expires, he would pocket a gross profit of $70,855 after repaying the principle and subtracting the cash he brought to closing, the origination points, and the total monthly interest payments.

Loan Example 2

Kate is a real estate investor in Houston, TX. She locates an older house for a remodeling project and takes a fix and flip loan from Helvetica Funding Group with the following paramters:

$160,000 sales price
85% loan-to-value (LTV)
12 month term
9% interest rate
5% origination fee

Once the rehab project is complete, if Kate sells the house for $240,000, the numbers would be as follows:

$240,000 sales price
- $136,000 principle on note (85% LTV)
- $24,000 down payment (15% on 85% LTV)
- $6,800 origination points (5% of the $136,000 principle)
- $12,240 total interest paid (12 months x 9% interest)
-----------------------
= $60,960 total profit (does not include taxes or rehab costs)

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