CALCAP Lending

Summary of all Guidelines
Loan Types	Bridge Loan, Construction Loan, DSCR Loan, Hard Money Loan, Rehab Loan
Property Types	2-4 Units, Multi Family, SFR
Lendding Area	alabama, arizona, arkansas, california, colorado, connecticut, delaware, florida, georgia, hawaii, illinois, indiana, iowa, kansas, kentucky, louisiana, maine, maryland, massachusetts, michigan, minnesota, mississippi, missouri, nebraska, nevada, new-hampshire, new-jersey, new-mexico, new-york, north-carolina, ohio, oklahoma, oregon, pennsylvania, rhode-island, south-carolina, tennessee, texas, utah, vermont, virginia, washington, west-virginia, wisconsin
States Excluded	Minnesota, New Hampshire, North Dakota, South Dakota, Vermont
Loan amount Minimum	$150,000
Loan amount Maximum	$5,000,000
Interest Rate Minimum	8.5%
Interest Rate Maximum	12%
Points Minimum 1st TD	1.5
Points Maximum 1st TD	2
Terms	3 years, 5 years
Credit Score Min	680
Interest Only or Amortized	Interest Only
LTV Bridge	75
LTC Construction	85
Upfront Fees	Underwriting
ARV Rehab & Construction	70
LTC Rehab	85
LTV Long Term Rental	80
Personal Guarantee /Recourse Required	Personal Guarantee Required / Recourse
Intended Occupancy	Vacant, Tenant
Percentage of Budget Financed - Rehab	100
LTC Percentage of Budget Financed	100

A division of CALCAP Advisors, CALCAP Lending benefits from the expertise of a seasoned team of professionals with extensive, successful track-records covering a variety of disciplines and leading large, nationally-recognized institutions. A private money direct lender, CALCAP Lending provides short to mid-term financing for property investors and businesses looking to purchase, refinance, renovate, and construct residential or commercial properties.

CALCAP Lending is located in Pasadena, CA. They offer financing for Bridge Loans, Construction Loans, Hard Money Loans, DSCR Loans and Rehab Loans. The property type they primarily lend against is SFR, 2-4 Units and Multi Family. Their minimum loan amount is $150,000. Their maximum loan amount is $5,000,000. They offer loans for a minimum Term of 1 year. Maximum duration of 3 years;5 years. Although rates can change they are typically lending at a minimum rate of 8.5%. Maximum interest rate of 12%. Points charged are deal specific, but historically have charged a minimum of 1.5. Maximum points charged are 2.

These descriptions are limited information and meant for general reference purposes.