Synergy Financial Partners

About Synergy Financial Partners

Synergy Financial Partners is a Chatsworth, CA based hard money lender who offers funding throughout California, Nevada, and Texas. They provide loans for a variety of scenarios, including hard money loans for commercial properties, fix-and-flip loans, ground-up construction loans, short term loans, investment property loans, and private refinancing. Their loan parameters are flexible, including loan amounts ranging from $100,000 to $10,000,000. Their lending guidelines do not require a minimum credit score. They make loans on all of the following property types: single family homes, multi-family units, apartment buildings, offices, retail storefronts, hotels, storage facilities, senior housing communities, mixed use spaces, warehouse spaces, industrial buildings, medical offices, and undeveloped 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, Apartment, Office, Retail, Hotel, Storage, Assisted Living, Mixed Use, Warehouse, Industrial, Medical, Land

Areas Served: CA, NV, TX

Licenses: NMLS 1269264, CFL 603K813

Lending Guidelines for Synergy Financial Partners

Below are the general loan guidelines published on the Synergy Financial Partners 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 Synergy Financial Partners.

Loan Example 1

Synergy Financial Partners issues a hard money loan to Christian for a rehab project in Houston, TX, on a house that is listed for $200,000. The terms of the deal include a 75% loan to value (LTV), so he must bring 25% of the price as cash at closing, which makes the principle note amount $150,000. The terms of the deal dictate a 14% note for 12 months. They also require a 2 point origination fee, which will also have to be paid upon closing.

The borrower will need to fund a total of $32,400 upon closing to pay the $50,000 down payment in addition to the $3,000 origination fee. After the loan is closed and Christian takes over the project, he will begin making payments each month of $1,750 to Synergy Financial Partners ($150,000 principle x 14% / 12 months). If Christian meets his goal of a $270,000 total sales price at the end of the loan term, he would collect a total profit of $46,000 after re-paying the principle on the note and deducting the cash he paid at closing, the origination fee, and the total monthly interest payments.

Loan Example 2

Caroline takes out a private money loan from Synergy Financial Partners so she can renovate a townhome to flip in Houston, TX. The deal has the following parameters:

$350,000 purchase price
70% loan to value (LTV)
6 month term
14% interest rate
2% origination fee

Assuming a $525,000 sales price at the end of the 6 month term, the numbers for this deal would look like the following:

$525,000 sales price
- $245,000 principle on note (70% LTV)
- $105,000 down payment (30% on 70% LTV)
- $4,900 origination fee (2% of the $245,000 principle amount)
- $17,150 interest payments (6 months x 14% interest)
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= $152,950 gross profit (doesn't include taxes or rehab costs)