Lantzman Lending

About Lantzman Lending

Lantzman Lending is a San Diego, CA based hard money lender. They provide loans in Arizona, California, Nevada and Texas. They offer fix and flip hard money loans, rental property loans, hard money loans for commercial properties, refinancing, new construction loans, and hard money bridge loans. They provide loan amounts ranging from $50,000 to $3,000,000 with a maximum LTV of 65%, terms between 3 months and 3 years, and rates ranging between 8.99% and 10.99%. They provide loans on all the following property types: single family, multi-family units, mixed use buildings, retail units, office units, industrial facilities, and raw land.

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, Mixed Use, Retail, Office, Industrial, Land

Areas Served: AZ, CA, TX, NV

Licenses: CA-DBO CFL #603-e104, CA-BRE #01522724

Lending Guidelines for Lantzman Lending

Below are the general loan guidelines published on the Lantzman Lending 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 Lantzman Lending.

Loan Example 1

Lantzman Lending makes a fix-and-flip loan to Wade for a remodeling project in Houston, TX, on a property that is listed for $150,000. Because the lender agrees to a 60% loan-to-value, Wade will need to put 40% down so the total amount of the note will be $90,000. The interest rate on the note is 14% for a term of 12 months and the lender requires a five point origination fee at closing. The interest payments are to be paid on a monthly basis and the principle amount will be repaid after the property sells.

According to the parameters of the deal, Wade will be required to pay a $4,500 origination fee in addition to 40% of the purchase price, or $60,000, based on the 60% LTV. he will then pay $1,050 per month to the lender. If Wade sells the property for $210,000 after 12 months, he would earn a total profit of $42,900 after subtracting the principle amount of $90,000, the funds contributed at closing of $60,000, the origination points of $4,500, and the aggregate interest payments of $12,600. This profit doesn't include building costs.

Loan Example 2

Nina is a an investor in Houston, TX. She finds a run-down property for a rehab project and takes out a private money loan from Lantzman Lending with the following paramters:

$380,000 purchase price
60% loan-to-value (LTV)
6 month term
11% rate of interest
1% origination fee

Based on a $551,000 sales price at the end of the 6 month term, the numbers for this project would look like this:

$551,000 sales price
- $228,000 principle (60% LTV)
- $152,000 cash paid at closing (40% on 60% LTV)
- $2,280 origination points (1% of the $228,000 principle)
- $12,540 interest payments (6 months x 11% interest)
-----------------------
= $156,180 total profit (does not include taxes or renovation costs)