Trinity Commercial Funding

About Trinity Commercial Funding

Based in Bonita Springs, FL, Trinity Commercial Funding is a private money lender offering funding all throughout the United States. They offer commercial hard money loans and short term loans. They will make loans on numerous property types, including multi-family units, apartment buildings, office buildings, retail units, hotels and motels, storage buildings, senior communities, mixed use spaces, warehouses, industrial facilities, medical offices, raw land, and churches.

Loan Types Offered: Commercial Hard Money Loans, Bridge Loans

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

Areas Served: National

Lending Guidelines for Trinity Commercial Funding

Below are the general loan guidelines published on the Trinity Commercial Funding 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 Trinity Commercial Funding.

Loan Example 1

To facilitate his growing business, Adrian must buy a new office building. After he is denied a commercial mortgage from his bank, he secures a commercial private money loan from Trinity Commercial Funding. The price of the new property is $270,000 and the lender agrees to fund 50% of the cost (the loan-to-value / "LTV"), or $135,000. The other $135,000 will have to be paid by the borrower when the sale is closed. The terms of the deal include a 12 month length, a 13% interest rate, and a 2 origination fee to be paid by Adrian when the transaction closes. By the terms of this loan, Adrian will be required to pay an origination fee of $2,700 at the closing (2% x $135,000 principle value) and will then start making payments of $1,463 monthly ($135,000 principle value x 13% interest / 12 months per year). Finally, he will make a balloon payment of the $135,000 principle value when the loan expires, or before if he decides to pay off early.

Loan Example 2

Bryan takes out a private money bridge loan from Trinity Commercial Funding in order to rehab a property to resell in Stockton, CA. The loan has the following parameters:

a) A $150,000 sales price, b) a 85% loan to value (LTV), c) a 12 month term, d) a 8% interest rate, and e) a 5% origination fee.

Once the rehab project is complete, if Bryan sells the property for $217,500, the final numbers would be the following:

$217,500 sales price
- $127,500 principle (85% LTV)
- $22,500 down payment (15% on 85% LTV)
- $6,375 origination points (5% of the $127,500 principle)
- $10,200 interest payments (12 months x 8% interest)
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= $50,925 gross profit (doesn't include taxes or renovation costs)

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