Valley Mortgage Investments

About Valley Mortgage Investments

Headquartered in Bakersfield, CA, Valley Mortgage Investments is a hard money lender providing funding in Bakersfield. They offer loans for a variety of needs and situations, including fix-and-flip hard money loans and commercial loans. They provide loans on most types of properties, including single family residences, multi family residences, apartment buildings, office buildings, retail spaces, hotels/motels, storage facilities, senior housing communities, mixed use buildings, warehouse spaces, industrial facilities, medical offices, undeveloped land, and churches.

Loan Types Offered: Fix and Flip Loans, Commercial Hard Money Loans

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

Areas Served: Bakersfield

Licenses: NMLS# 291282, DRE# 01875774

Lending Guidelines for Valley Mortgage Investments

Below are the general loan guidelines published on the Valley Mortgage Investments 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 Valley Mortgage Investments.

Loan Example 1

Jamie is an investor in Bakersfield, CA. He finds a run-down property and wants to renovate it and flip it for a profit. The house costs $310,000 but he doesn't have the full amount so he takes a private money loan with Valley Mortgage Investments. Because the lender sets a 80% loan-to-value, Jamie will be required to put 20% down so the amount of the note will be $248,000. The rate on the note is 14% for a length of 18 months and the company requires a four point origination fee at the close. The interest is to be paid monthly and the principle amount will be repaid after the property sells.

Jamie must fund a total of $32,400 up front to pay the $62,000 down payment in addition to the $9,920 origination fee. he must then pay $2,893 monthly to the lender. If Jamie sells the property for $403,000 after 18 months, he would earn a gross profit of $31,000 after deducting the principle amount of $248,000, the cash paid at closing of $62,000, the origination points of $9,920, and the aggregate interest payments of $52,080. This profit doesn't account for building costs.

Loan Example 2

Kathryn is a real estate investor in Bakersfield, CA. She purchases an older townhouse for a renovation project and takes out a hard money loan from Valley Mortgage Investments with the following terms:

$270,000 purchase price
70% loan-to-value (LTV)
18 month term
9% interest rate
3% origination fee

If Kathryn achieves her goal of a $405,000 sales price, the outcome of the deal will be as follows:

$405,000 sales price
- $189,000 loan principle (70% LTV)
- $81,000 cash paid at closing (30% on 70% LTV)
- $5,670 origination points (3% of the $189,000 principle amount)
- $25,515 total interest paid (18 months x 9% interest)
-----------------------
= $103,815 gross profit (does not include taxes or rehab costs)

No Reviews Yet

Valley Mortgage Investments currently has no reviews. To add a review now, click the link below:

Write a Review for Valley Mortgage Investments