CalCap Financial
CalCap Financial is a California broker that has been in business since 2008. Their rates range from 8% to 12% and they’ll lend up to 75% LTV and up to 100% ARV for prime borrowers. They have an A+ BBB rating and are rated 4.8 stars based on 5 Facebook reviews, 5 stars based on 3 Yelp reviews, and 5 stars based on 2 Google reviews.
Lender Information
| Business Name: | CalCap Financial |
| Business Website: | calcapfinancial.com |
| Business Address: | 65 N. Raymond Ave #220 Pasadena CA 91103 |
| Business Phone: | (855) 372-0960 |
| Business Email: | hello@calcapfinancial.com |
| Business Established: | 2008 |
| Google+: | N/A |
| LinkedIn: | linkedin.com/company-beta/609103 |
| Facebook: | facebook.com/calcap |
| Twitter: | twitter.com/calcapfinancial |
CalCap Financial Rates & Terms
| Types of Properties | Single family residential Multi-family |
| Loan Amount | up to $1.5 million |
| LTV | 65% to 75% |
| ARV | up to 100% |
| Interest Rates | 8% to 12% |
| Lender Fees | No pre-payment penalties Origination fee Underwriting fee: $1450 Loan document fee: $650 |
| Loan Terms | 12 to 36 months |
| Minimum Qualifications / Documentation | Credit score: 600 2 months bank statements 6-month worth of interest reserves Appraisal for LTV of 55% and above |
| Time to Funding | 7 to 10 business days |
| Other Financing Available | Purchase Refinance Construction Fix and Flip |
*Exceptions may be granted. Lender information is updated often, however exact lender terms may have changed.
Top Hard Money Lenders 2019
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States Currently Lending In
Arizona, California, Colorado, Texas, Utah, Washington,
