Skip to content
Search
Close this search box.
(800)865-9011

Private Mortgage Fund, LLC

Provides one to three year bridge and interim financing for non-owner occupied residential and commercial properties in California.
Loan Types Bridge Loan, Hard Money Loan
Property Types 2-4 Units, SFR
Lendding Area california
Loan amount Minimum $250,000
Loan amount Maximum $25,000,000
Interest Rate Minimum 7%
Interest Rate Maximum 9%
Terms 2 years, 3 years
Prepayment Penalty none
LTV Bridge None
Occupancy Non-Owner
Personal Guarantee /Recourse Required No Recourse
Intended Occupancy Non-Owner

Private Mortgage Fund, LLC (“PMF”) is a privately funded lending source which fills the gap for borrowers unable to obtain conventional financing. Despite a loosened credit environment, there are still a variety of reasons why a borrower will need the form of financing we provide. Our main criteria is to lend against properties only located in California, to be in 1st position only and not to exceed 60% loan to value. Our mission is to create safety for our investors while providing an attractive yield. To achieve this, we do look at the strength of each borrower, however, our main focus is that there is no less than 40% equity remaining after our loan has been made. PMF does not market itself to investors. Rather, our growth comes from existing investors whom add to their investments, or from those potential investors referred to us. Investors are entitled to view our annual audits, prior year's tax returns, current loan summary, recorded Deeds of Trust and monthly reports via our investor secured website. In addition to semi-annual reports from management, investors also receive monthly reporting which details the prior month’s performance. Within a day or two thereafter, investors receive an automatic deposit via ACH directly into their designated account. Transparency is very important to us. Another attractive feature for investors is “liquidity”. We ask for a one year commitment, yet have always found ourselves in a position to redeem an investor’s interest within 24 hours. While we cannot guarantee that this will always be the case, we have two methods in which an investor may exit, either through new investors waiting to enter the Fund, or through loan payoff’s. Investors are entitled to the full yield of the Fund less a 1.1% management fee. Day to day operating expenses, accounting costs, our annual audit and 3rd party servicing fees are paid from the management fee.

Private Mortgage Fund , LLC is located in Westlake Village, CA. They offer financing for Bridge Loans and Hard Money Loans. The property type they primarily lend against is 2-4 Units and SFR. Their minimum loan amount is $250,000. Their maximum loan amount is $25,000,000. They offer loans for a minimum Term of 6 months. Maximum duration of 2 years;3 years. Although rates can change they are typically lending at a minimum rate of 7%. Maximum interest rate of 9%.

These descriptions are limited information and meant for general reference purposes.
699 Hampshire Rd
Westlake Village, 
CA
 91361