Twin Capital Lending

About Twin Capital Lending

Based in Tarzana, CA, Twin Capital Lending is an asset-based lender providing funding throughout California. They provide hard money bridge loans, short term fix and flip loans, private commercial loans, hard money construction loans, refinancing, and rental property loans. They issue loan amounts ranging from $150,000 to $20,000,000 with a maximum LTV of 75%, rates starting at 7.5% , and terms between 1 year and 2 years. They provide loans on numerous property types, including single family homes, multi-family units, apartment buildings, offices, retail units, industrial buildings, and raw 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, Industrial, Land

Areas Served: CA

Licenses: License number 02001723

Lending Guidelines for Twin Capital Lending

Below are the general loan guidelines published on the Twin Capital Lending 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 Twin Capital Lending.

Loan Example 1

Hillary finds a townhome in Los Angeles, CA to rehab and sell. Since she doesn't have enough cash on-hand to purchase the $240,000 house outright, she decides to take out a hard money loan from Twin Capital Lending. The loan to value (LTV) on the deal is 85%. This means Hillary will have to bring 15% of the purchase price to the closing and the principle amount will be $204,000 on the note. The terms of the note also stipulate a two point origination fee which will be paid at the closing and a 12 month, interest only note with a 11% interest rate.

Hillary will need to contribute $36,000 at the closing (15% on the 85% loan to value), plus she will have to pay the $4,080 origination fee. The lender will collect $1,870 in monthly interest from the Hillary. This is computed by taking the total note amount of $204,000, multiplying that by the 11% interest rate, and then dividing that number by 12. If Hillary sells the project for $288,000 after 12 months, she would make a total profit of $21,480 after subtracting the principle of $204,000, the money paid at closing of $36,000, the origination fee of $4,080, and the aggregate interest payments of $22,440. This profit doesn't include rehab costs.

Loan Example 2

Twin Capital Lending makes a private money loan to Blanche for a remodeling project in Los Angeles, CA. The deal dictates the following:

$200,000 purchase price
60% loan to value (LTV)
12 month term
14% rate of interest
1% origination fee

After the rehab project is finished, if Blanche sells the house for $290,000, the numbers would be as follows:

$290,000 sales price
- $120,000 principle on note (60% LTV)
- $80,000 cash paid at closing (40% on 60% LTV)
- $1,200 origination fee (1% of the $120,000 principle)
- $16,800 interest payments (12 months x 14% interest)
-----------------------
= $72,000 total profit (doesn't include taxes or rehab costs)

No Reviews Yet

Twin Capital Lending currently has no reviews. To add a review now, click the link below:

Write a Review for Twin Capital Lending