Summary of all Guidelines | |
Loan Types | Bridge Loan, Construction Loan, Hard Money Loan, Rehab Loan, Second Mortgage |
Property Types | 2-4 Units, Hotel, Industrial, Mixed use, Multi Family, Office, Restaurant, Retail, Self-Storage, SFR, Shopping Center, Strip Center |
Lendding Area | california |
Loan amount Minimum | $250,000 |
Loan amount Maximum | $20,000,000 |
Interest Rate Minimum | 7% |
Interest Rate Maximum | 10% |
Points Minimum 1st TD | 2 |
Points Maximum 1st TD | 3 |
Terms | 1 year |
Prepayment Penalty | No Prepayment Penalty |
Capital Source | Balance Sheet Lender |
LK works directly with you no - middlemen or additional fees required!
Rates as low as 6.99%
Loans up to 75% combined loan to value
First and second lien loans available
No yield maintenance. No prepayment penalty
Free of restrictive covenants – personal guarantees not required
Fast closings in as little as one week.
LK Secured Lending is located in Thousand Oaks, CA. They offer financing for Bridge Loans, Construction Loans, Hard Money Loans, Rehab Loans and Second Mortgages. The property type they primarily lend against is 2-4 Units, Hotel, Industrial, Multi Family, Office, Restaurant, Retail, Self-Storage, SFR, Shopping Center, Strip Center and Mixed use. Their minimum loan amount is $250,000. Their maximum loan amount is $20,000,000. They offer loans for a minimum Term of 3 months. Maximum duration of 1 year. Although rates can change they are typically lending at a minimum rate of 7%. Maximum interest rate of 10%. Points charged are deal specific, but historically have charged a minimum of 2. Maximum points charged are 3.
These descriptions are limited information and meant for general reference purposes.
555 Marin St. Suite 140
Thousand Oaks,
CA
91360
- Property Type : Industrial
- Loan Type : Bridge Loan
- State : California
- City : Vernon
- Funded Amount : $3,000,000
- Property Type : Multi Family
- Loan Type : Bridge Loan
- State : California
- City : San Jose
- Funded Amount : $2,000,000
- Property Type : SFR
- Loan Type : Bridge Loan
- State : Arizona, California
- City : Newport Coast
- Funded Amount : $3,000,000