Capital Fund 1
- Slaten Broyles
- Luis Romero-Cota
Loan Officer
Bridge Loan | |
| Property Types | 2-4 Units, Land Entitled, Multi Family, SFR |
| Lendding Area | arizona, colorado, georgia, tennessee, texas |
| Loan amount Minimum | $50,000 |
| Loan amount Maximum | $25,000,000 |
| Interest Rate Minimum | 11% |
| Interest Rate Maximum | 12% |
| Points Minimum 1st TD | 1 |
| Points Maximum 1st TD | 2 |
| Terms | 1 year, 18 month, 2 year |
| Typical Days Required to Fund | 5 Business days or less |
| Fees | Processing Fee |
| Entities | Individual, LLC - Limited Liability Corporation, LP - Limited Partnership, Partnership, Trust, Corp - Corporation, Foreign National |
| Extensions Available | Built-in |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| Special Features | Foreign National, 1031 Exchange |
| General Pricing or Guideline info | We're an asset based lender, so we don't require appraisals, credit checks, or income verification. Our loans are based on the property value and the overall project. 24 hour turn around on terms, and we can close as soon as title is ready. Our Bridge Loans – Features Easy application process Loan fees range from 1-2 points 6-24 Month Term with provisions for extension We can fund start to finish in as little as 48 hours We don’t include prepayment penalties With our extensive experience dealing with real estate investing, you can rest assured that we will be a great resource. Slaten Broyles slaten@capitalfund1.com (469) 575-3564 |
| Updated as of | 2024-04-10 |
| Program Code | LG159 |
Summary of all Guidelines | |
| Loan Types | Bridge Loan, Construction Loan, Hard Money Loan |
| Property Types | 2-4 Units, Hotel, Industrial, Multi Family, Office, Retail, Self-Storage, SFR |
| Lendding Area | arizona, colorado, texas |
| Loan amount Minimum | $50,000 |
| Loan amount Maximum | $30,000,000 |
| Interest Rate Minimum | 10% |
| Interest Rate Maximum | 11% |
| Points Minimum 1st TD | 1 |
| Points Maximum 1st TD | 1 |
| Terms | 5 years |
| Interest Only or Amortized | Interest Only |
| LTV Bridge | 90 |
| LTC Construction | 85 |
| ARV Rehab & Construction | 75 |
| LTC Rehab | 90 |
| LTV Long Term Rental | 85 |
| Personal Guarantee /Recourse Required | Personal Guarantee Required / Recourse, Personal Guarantee Not Required / Non-Recourse |
| Intended Occupancy | Owner bridge, Vacant, Tenant |
| Percentage of Budget Financed - Rehab | 100 |
| LTC Percentage of Budget Financed | 100 |
Just 1-2-3 and You’ll Have the Funding You Need.
As an asset-based lender, Capital Fund 1 can move faster than a traditional or institutional lender. When underwriting a loan, we focus more on the real property than individual’s creditworthiness. We do not check credit, borrower financials, or require a 3rd party appraisal. This significant departure from the status quo allows investors to add a quick closing as a value add to their purchase offers. Learn more about the other advantages of hard money.
Capital Fund 1 is located in Scottsdale, AZ. They offer financing for Bridge Loans, Construction Loans and Hard Money Loans. The property type they primarily lend against is 2-4 Units, Hotel, Industrial, Multi Family, Office, Retail, Self-Storage and SFR. Their minimum loan amount is $50,000. Their maximum loan amount is $30,000,000. They offer loans for a minimum Term of 3 months. Maximum duration of 5 years. Although rates can change they are typically lending at a minimum rate of 10%. Maximum interest rate of 11%. Points charged are deal specific, but historically have charged a minimum of 1. Maximum points charged are 1.
These descriptions are limited information and meant for general reference purposes.