Integrity Capital

About Integrity Capital

Integrity Capital is an asset-based lender in San Diego, CA providing loans throughout California, Nevada, Arizona, Colorado, and Hawaii. They provide fix-and-flip loans, long term rental property loans, cash out loans, and hard money loans for commercial properties. They provide rates starting at 11% , loan amounts ranging from $500,000 to $15,000,000 with a maximum LTV of 70%, and terms up to 12 months. They provide loans on all the following types of properties: single family units, multi family, apartments, offices, retail units, hotels and motels, storage buildings, senior communities, mixed use, warehouse spaces, industrial facilities, medical offices, undeveloped land, and churches.

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

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

Areas Served: CA, NV, AZ, CO, HI

Lending Guidelines for Integrity Capital

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

Loan Example 1

Julian takes a private money loan from Integrity Capital in order to renovate a duplex to resale in Los Angeles, CA. The list price of the property is $380,000. Because the lender agrees to a 85% loan to value, Julian will be required to put 15% down so the total amount of the loan will be $323,000. The loan is interest only, paid monthly, and is for 6 months at 12% interest with 5 points to be paid when the deal closes.

By the parameters of the deal, Julian will be required to pay a $16,150 origination fee in addition to 15% of the sales price, or $57,000, based on the 85% LTV. Once the loan is executed and Julian takes the project, he will need to begin making monthly payments of $3,230 to the lender ($323,000 principle x 12% / 12 months). At the expiration of the note, he sells the rehabed property for $475,000. After deducting the $19,380 in interest expenses ($3,230 multiplied times 6 months), the $16,150 origination fee, the $323,000 principle amount on the note, and the $57,000 he contributed to closing, he will earn a gross profit of $59,470 ($475,000 sales price minus $415,530 in total costs). This amount would be reduced by any building costs paid by Julian.

Loan Example 2

Integrity Capital issues a fix and flip loan to Carol for a remodeling project in Los Angeles, CA. The loan dictates the following:

$230,000 sales price
50% loan to value (LTV)
18 month term
10% rate of interest
3% origination fee

If Carol accomplishes her goal of a $276,000 sales price, the final numbers of the deal would be the following:

$276,000 sales price
- $115,000 principle on note (50% LTV)
- $115,000 cash paid at closing (50% on 50% LTV)
- $3,450 origination points (3% of the $115,000 principle)
- $17,250 interest payments (18 months x 10% interest)
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= $25,300 gross profit (does not include taxes or renovation costs)

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