Wilshire Finance Partners is a real estate finance investment hard money lender company specializing in small balance bridge loans. They have been in business since 2008. Their rates start at 7.9%, and they can lend up to 70% LTV. They have an A+ BBB rating and generally positive reviews in Facebook and FreeandClear.
Lender Information
| Business Name | Wilshire Finance Partners |
| Business Website | wilshirefp.com |
| Business Address | 1400 Newport Center Drive, Suite 250 Newport Beach, CA 92660 |
| Business Phone | 866-575-5070 |
| Business Email | sales@wilshirefp.com |
| Business Established Year | 2008 |
| Social Media |     |
Wilshire Finance Partners Rates & Terms
| Types of Properties | 5+ Units Office Retail Mixed Use Warehouse Light Industrial Self Storage Investor Properties |
| Loan Amount | $250,000 - $5,000,000 |
| LTV | Up to 70% |
| ARV | No information available |
| Interest Rates | Starting at 7.9% |
| Lender Fees | Origination / Application fee of 2%-2.5% |
| Loan Terms | 1-3 years |
| Minimum Qualifications | 1st lien position only; (2nd lien position case-by-case on California purchases only) Less than perfect credit score is OK |
| Typical Time to Funding | Information not available |
| Other Financing Available | Bridge Loans for Purchase Refinance Cash Out Repositioning loans Rehabilitation loans Debt restructuring loans |
*Exceptions may be granted. Lender information is updated often, however exact lender terms may have changed.
Popular Hard Money Lenders 2019
Lender | Best For |
|---|---|
Investors who want competitive rates and fast funding for residential fix and flips | |
Landlords wanting to refinance or grow their rental portfolio | |
Short-term investors looking for a good residential fix-and-flip hard money loan option | |
Investors who want great customer service with a local bank feel from a 44-state lender | |
Fix and flippers who want an alternative to LendingHome, but with a commercial component |
States Currently Lending In
California, Oregon, Washington, Montana, Utah, Colorado, New Mexico, Texas, Illinois, Florida, Maryland, Virginia, Hawaii
