Liberty Financial

About Liberty Financial

Liberty Financial is a private lender in La Mirada, CA providing loans in California, Washington, Oregon, Nevada, and Arizona. They provide private commercial loans, builder loans, fix-and-flip hard money loans, buy and hold loans, private refinancing, and short term loans. Their loan guidelines are flexible, including rates starting at 9% , terms between 6 months and 36 months, and loan amounts ranging from $100,000 to $50,000,000 with a maximum LTV of 65%. They make loans on all the following types of properties: single family, multi family, apartments, office buildings, retail spaces, hotels/motels, storage facilities, senior housing facilities, mixed use, warehouses, industrial buildings, medical buildings, raw land, and churches.

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, Apartment, Office, Retail, Hotel, Storage, Assisted Living, Mixed Use, Warehouse, Industrial, Medical, Land, Church

Areas Served: CA, WA, OR, NV, AZ

Lending Guidelines for Liberty Financial

Below are the general loan guidelines published on the Liberty Financial 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 Liberty Financial.

Loan Example 1

Angel finds a townhome in Los Angeles, CA to remodel and re-sell. Since he does not have enough cash on-hand to buy the $310,000 project outright, he takes out a private money loan from Liberty Financial. The loan to value (LTV) on the deal is 60%. This means Angel will need to bring 40% of the purchase price to the closing and the principle amount will be $186,000 on the note. The loan is interest-only, with monthly payments, and is for 12 months at 12% interest with 3 origination points to be paid at closing.

Accordingly, Angel will have to make a $124,000 down payment plus pay a $5,580 origination fee. Once the deal closes, he will pay Liberty Financial $1,860 in monthly interest payments, or 12% times $186,000 divided by 12 months in the year. If he sells the rehabed project for $434,000 at the end of the 12 month term, his gross profit (not accounting for renovation costs) would be $96,100. This is calculated by taking the sales price ($434,000) and subtracting the original note amount ($186,000), the origination fee ($5,580), the funds he contributed to closing ($124,000), and the total interest payments ($22,320).

Loan Example 2

Doreen takes a loan from Liberty Financial in order to remodel a townhome to flip in Los Angeles, CA. The loan has the following terms:

$270,000 sales price
65% loan to value (LTV)
6 month term
13% interest rate
1% origination fee

Based on a $378,000 sales price after the 6 month term, the final numbers for the project would look like the following:

$378,000 sales price
- $175,500 note principle (65% LTV)
- $94,500 down payment (35% on 65% LTV)
- $1,755 origination points (1% of the $175,500 principle)
- $11,408 total interest paid (6 months x 13% interest)
-----------------------
= $94,838 gross profit (doesn't include taxes or renovation costs)

No Reviews Yet

Liberty Financial currently has no reviews. To add a review now, click the link below:

Write a Review for Liberty Financial