Marquee Funding Group

About Marquee Funding Group

Marquee Funding Group is private money lender headquartered in Calabasas, CA. They provide loans throughout California. They provide lending solutions for many different scenarios, including fix and flip loans, refinancing, commercial hard money loans, long term rental property loans, ground-up construction loans, and short term loans. Their lending guidelines are flexible, including rates ranging between 8% and 13%, loan amounts ranging from $50,000 to $10,000,000 with a maximum LTV of 75%, and terms between 1 year and 5 years. They provide loans on various property types, including single family, multi family, apartment buildings, offices, retail units, hotels/motels, storage buildings, assisted living facilities, mixed use buildings, undeveloped land, churches, warehouse buildings, and industrial facilities.

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, Land, Church, Warehouse, Industrial

Areas Served: CA

Licenses: CA BUREAU OF REAL ESTATE LICENSE 01870113, NMLS 267442

Lending Guidelines for Marquee Funding Group

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

Loan Example 1

Marquee Funding Group issues a hard money loan to Fred for a remodeling project in Los Angeles, CA, on a house that is listed for $310,000. Because the lender agrees to a 55% loan to value, Fred will need to put 45% down and the amount of the loan will be $170,500. The deal also consists of the following features: 1) a 18 month length, 2) a 13% interest only note, and 3) a three point origination charge.

The borrower will need to fund a total of $32,400 upon closing to pay the $139,500 down payment in addition to the $5,115 origination fee. he must then pay $1,847 monthly to the lender. At the end of the note, he sells the rehabed house for $403,000. After subtracting the $33,248 in interest payments ($1,847 times 18 months), the $5,115 origination fee, the $170,500 principle amount on the note, and the $139,500 he brought to closing, he will make a gross profit of $54,638 ($403,000 sales price minus $348,363 in costs). This amount would then be reduced by any building costs paid by the borrow.

Loan Example 2

Juana is a real estate investor in Los Angeles, CA. She buys a run-down house for a remodeling project and takes a fix and flip loan from Marquee Funding Group with the following features:

a) A $150,000 purchase price, b) a 85% loan to value (LTV), c) a 18 month term, d) a 13% interest rate, and e) a 1% origination fee.

Juana intends to sell the house when the note expires for $217,500. If she accomplishes her goal, the final numbers will be as follows:

$217,500 sales price
- $127,500 note principle (85% LTV)
- $22,500 down payment (15% on 85% LTV)
- $1,275 origination points (1% of the $127,500 principle)
- $24,863 interest payments (18 months x 13% interest)
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= $41,363 gross profit (doesn't include taxes or renovation costs)