Unlimited Capital Group

About Unlimited Capital Group

Based in Santa Ana, CA, Unlimited Capital Group is a private lender offering loans in 15 states across the country. They offer loans for a variety of situations, including fix-and-flip loans, refinancing, bridge loans, loans for rental properties, commercial hard money loans, and new construction loans. They issue loan amounts ranging from $75,000 to $50,000,000 with a maximum LTV of 80% and terms up to 12 months. They make loans on various property types, including single family homes, multi-family units, apartment buildings, office units, retail spaces, hotels and motels, storage facilities, senior facilities, mixed use buildings, warehouses, industrial buildings, medical buildings, undeveloped land, and churches.

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, Church

Areas Served: CA, NV, OR, WA, AZ, TX, NY, NJ, FL, UT, SC, NC, IL, MA, PA

Licenses: Real Estate Broker, CA Dept. of Real Estate, License # 01246930

Lending Guidelines for Unlimited Capital Group

Below are the general loan guidelines published on the Unlimited Capital Group 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 Unlimited Capital Group.

Loan Example 1

Unlimited Capital Group issues a hard money loan to Terrence for a renovation project in Houston, TX, on a property that is listed for $280,000. Because the lender sets a 65% loan-to-value, Terrence will need to put 35% down so the principle amount of the note will be $182,000. The deal also consists of these features: 1) a 18 month term, 2) a 9% interest-only note, and 3) a one percent origination charge.

In accordance with the terms of the note, Terrence will have to pay a $1,820 origination fee in addition to 35% of the sales price, or $98,000, since there is a 65% LTV. After the deal closes, he will pay Unlimited Capital Group $1,365 in monthly interest payments, or 9% multiplied by $182,000 divided by 12 months in a year. If Terrence sells the project for $420,000 after 18 months, he would then realize a total profit of $113,610 after deducting the principle of $182,000, the cash contributed at the close of $98,000, the origination fee of $1,820, and the total interest payments of $24,570. This gross profit does not include renovation costs.

Loan Example 2

Christina takes a fix and flip loan from Unlimited Capital Group in order to remodel a house to resell in Houston, TX. The deal has the following terms:

$210,000 sales price
65% loan to value (LTV)
12 month term
13% interest rate
5% origination fee

Once the renovation project is complete, if Christina sells the property for $252,000, the final numbers would be the following:

$252,000 sales price
- $136,500 loan principle (65% LTV)
- $73,500 cash paid at closing (35% on 65% LTV)
- $6,825 origination points (5% of the $136,500 principle amount)
- $17,745 interest payments (12 months x 13% interest)
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= $17,430 gross profit (doesn't include taxes or renovation costs)

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