United Capital Companies
11622 El Camino Real, Suite 100
San Diego, CA 92130
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About United Capital Companies
United Capital Companies is a hard money lender headquartered in San Diego, CA providing funding all throughout the US. They provide fix-and-flip loans, short term loans, and investment property loans. Their loan parameters are versatile, including terms up to 1 year and loan amounts ranging from $2,000,000 to $100,000,000. They primarily offer loans on single family and multi family.
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Loan Types Offered: Investment Property Loans, Fix and Flip Loans, Bridge Loans
Property Types Covered: Single Family, Multi Family
Areas Served: National
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Lending Guidelines for United Capital Companies
Below are the general loan guidelines published on the United Capital Companies website. Please confirm all terms and rates directly with the lender.
Investment Property Loans
Loan Amounts: $2,000,000 - $100,000,000
Available Rates: N/A
Typical Terms: Up to 12 months
Points Charged: N/A
Max Loan-to-Value (LTV): N/A
Max Loan-to-Cost (LTC): 80%
Owner Occupied Allowed: N/A
Interest Only Loans: YES
Prepayment Penalties: N/A
Minimum FICO Score: N/A
Time to Close: N/AFix and Flip Loans
Loan Amounts: $2,000,000 - $100,000,000
Available Rates: N/A
Typical Terms: Up to 12 months
Points Charged: N/A
Max Loan-to-Value (LTV): N/A
Max Loan-to-Cost (LTC): 80%
Owner Occupied Allowed: N/A
Interest Only Loans: YES
Prepayment Penalties: N/A
Minimum FICO Score: N/A
Time to Close: N/ABridge Loans
Loan Amounts: $2,000,000 - $100,000,000
Available Rates: N/A
Typical Terms: Up to 12 months
Points Charged: N/A
Max Loan-to-Value (LTV): N/A
Max Loan-to-Cost (LTC): 80%
Owner Occupied Allowed: N/A
Interest Only Loans: YES
Prepayment Penalties: N/A
Minimum FICO Score: N/A
Time to Close: N/A -
Loan Examples
The following loans are for education purposes only. They do not represent actual loans executed by United Capital Companies.
Loan Example 1
Jon closes on a $370,000 rehab project in Syracuse, NY, using a hard money loan from United Capital Companies. The loan-to-value (LTV) on the note is 80%. This means that Jon will need to bring 20% of the sales price to the closing and the principle amount will be $296,000 on the loan. The deal also consists of the following features: 1) a 12 month length, 2) a 12% interest-only note, and 3) a four point origination charge.
In accordance with the parameters of the note, Jon will need to contribute a $11,840 origination fee in addition to 20% of the sales price, or $74,000, since there is a 80% LTV. The monthly interest-only payments will then be $2,960 to the lender. If Jon achieves his goal of a $518,000 total sales price at the end of the loan term, he would earn a total profit of $100,640 after re-paying the principle and deducting the cash he contributed at closing, the origination fee, and the monthly interest payments.
Loan Example 2
United Capital Companies issues a fix and flip loan to Albert for a renovation project in San Bernardino, CA. The deal includes the following:
a) A $290,000 sales price, b) a 70% loan to value (LTV), c) a 12 month term, d) a 13% interest rate, and e) a 3% origination fee.
If Albert accomplishes his goal of a $362,500 sales price, the outcome of the project would be the following:
$362,500 sales price
- $203,000 principle on note (70% LTV)
- $87,000 cash paid at closing (30% on 70% LTV)
- $6,090 origination fee (3% of the $203,000 principle amount)
- $26,390 interest payments (12 months x 13% interest)
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= $40,020 total profit (does not include taxes or rehab costs) -
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