Peer-to-Peer Trust Deeds

About Peer-to-Peer Trust Deeds

Peer-to-Peer Trust Deeds is an asset-based lender in Walnut Creek, CA providing funding throughout Washington, Oregon, and California. They offer loans for many different situations, including short term fix and flip loans, new construction loans, loans for rental properties, hard money loans for commercial properties, and hard money bridge loans. They issue terms between 60 months and 120 months, loan amounts starting from $40,000 with a maximum LTV of 80%, and rates ranging between 5.5% and 9.99%. They make loans on all of the following property types: single family units, multi-family units, apartment buildings, office units, retail units, hotels and motels, storage buildings, assisted living facilities, mixed use, warehouse buildings, industrial facilities, medical offices, and raw land.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans, Commercial Hard Money Loans, New Construction Loans, Bridge Loans

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

Areas Served: WA, OR, CA

Licenses: CalDRE Broker: 01947341, WA DFI: MB-1165726, OR DFCS: ML-5416, NMLS: 1165726

Lending Guidelines for Peer-to-Peer Trust Deeds

Below are the general loan guidelines published on the Peer-to-Peer Trust Deeds 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 Peer-to-Peer Trust Deeds.

Loan Example 1

Peer-to-Peer Trust Deeds issues a hard money loan to Ron for a renovation project in Los Angeles, CA, on a property that is listed for $400,000. The terms of the deal include a 80% loan to value (LTV), so he must contribute 20% of the price as cash to closing, making the principle note amount $320,000. The rate on the note is 8% for a length of 12 months and the company requires a two point origination fee at the closing. The interest payments are to be paid monthly and the principle amount will be repaid after the sale of the property.

In addition to paying the $6,400 origination fee, Ron will also need to fund $80,000 of the purchase with his own funds, or 20% of the purchase price. he will then pay $2,133 monthly to Peer-to-Peer Trust Deeds. Ron's intention is to complete the rehab by the end of the 12 months and resell it for $560,000. If he succeeds he will collect a gross profit of $128,000 ($560,000 sales price - $320,000 principle - $80,000 down payment - $6,400 origination fee - $25,600 in interest.

Loan Example 2

Shawna is a real estate investor in Los Angeles, CA. She buys an older house for a rehab project and takes a hard money loan from Peer-to-Peer Trust Deeds with the following paramters:

$360,000 sales price
50% loan to value (LTV)
18 month term
9% rate of interest
5% origination fee

Shawna intends to sell the property at the end of the term for $450,000. If she accomplishes her goal, the deal numbers will be as follows:

$450,000 sales price
- $180,000 principle (50% LTV)
- $180,000 down payment (50% on 50% LTV)
- $9,000 origination points (5% of the $180,000 principle)
- $24,300 interest payments (18 months x 9% interest)
-----------------------
= $56,700 gross profit (does not include taxes or rehab costs)

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