Hard Money Loan-To-Value* General Guidelines

The following hard money loan-to-value table is a general summary of the maximum loan ratios available for our hard money loans depending on the property type, lien position, and location. This chart is for hard money lending purposes only -- bank loans have different guidelines.

Note that the term "up to" can sometimes mean"less than". Our hard money loan rates, loan-to-value percentages, points, and terms are based on a variety of considerations. We do our best to offer you the highest loan amount to value possible at the lowest rate and costs.

Loan-To-Value --
the ratio between the amount of a proposed mortgage loan and the fair market value.

Call or email me for more information. We've been in the hard money lending industry in CA for over a dozen years and look forward to helping you with this niche product.

 
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Hard Money Loan-To-Value* General Guidelines



Property Type
Purchase or Rate/Term Refinance
Southern CA
Purchase or Rate/Term Refinance
Northern CA
Cash-Out Refinance
Southern CA
Cash-Out Refinance
Northern CA
Other States Purch or Refinance

Owner-occupied residential primary or second home, 1-4 unit SFR, condo, townhome
(metro - urban areas)

No Manufactured Homes, No Land, No Rehab Loans based on "After Repaired Value"

Loans based on lesser of sale price or
current appraised value only


Up to 75% 1st loan

Up to 60% CLTV 2nd

Minimum loan amount of $100,000

Certain Credit Scores and Income Documentation Required


Up to 75% 1st loan

Up to 60% CLTV 2nd

Minimum loan amount of $100,000

Certain Credit Scores and Income Documentation Required


Up to 70% 1st loan

Up to 60% CLTV 2nd

Minimum loan amount of $100,000

Certain Credit Scores and Income Documentation Required

Up to 70% 1st loan

Up to 60% CLTV 2nd

Minimum loan amount of $100,000

Certain Credit Scores and Income Documentation Required
Other states:
Not Available

Non-Owner-Occupied (investment only)
OR legitimate business purpose residential SFR, condo, TH
(metro - urban areas)

No Manufactured Homes, No Land, No Rehab Loans based on "After Repaired Value"

Loans based on lesser of sale price or
current appraised value only

Up to 65% 1st loan

Up to 60% CLTV 2nd

Minimum loan amount of $75,000

NO RESIDENTIAL INVESTOR REHAB LOANS

Stated Income OK!

Up to 65% 1st loan

Up to 60% CLTV 2nd

Minimum loan amount of $75,000

NO RESIDENTIAL INVESTOR REHAB LOANS

Stated Income OK!

Up to 65% 1st loan

Up to 60% CLTV 2nd

Minimum loan amount of $75,000

NO RESIDENTIAL INVESTOR REHAB LOANS

Stated Income OK!

Up to 65% 1st loan

Up to 60% CLTV 2nd

Minimum loan amount of $75,000

NO RESIDENTIAL INVESTOR REHAB LOANS

Stated Income OK!

Other states:
Not Available

Commercial Income-Producing

5+ unit apartments
Office, Retail, Multi-Unit income-producing commercial

1st and 2nd position loans


Up to 65% 1st TD

Up to 60% CLTV 2nd

Commercial Rehabs OK!

Minimum loan amount of $100,000


Up to 65% 1st TD


Up to 60% CLTV 2nd

Commercial Rehabs OK!

Minimum loan amount of $100,000


Up to 65% 1st TD


Up to 60% CLTV 2nd

Commercial Rehabs OK!

Minimum loan amount of $100,000


Up to 65% 1st TD


Up to 60% CLTV 2nd

Commercial Rehabs OK!

Minimum loan amount of $100,000

Other states: minimum loan of $250,000

Commercial Non-Income-producing

Industrial Manufacturing
Warehouse

Up to 60% Up to 60% Up to 60% Up to 60% Other states: minimum loan of $250,000

New Construction — Residential SFR
(metro areas only--no rural)

Up to 70% of of total project cost. NOT based on % of finished value Up to 70% of of total project costs. NOT based on % of finished value ------------ ------------ Not Available

New Construction — Commercial

Up to 70% of of total project cost. NOT based on % of finished value Up to 65% of of total project cost. NOT based on % of finished value ------------ ------------

Other states:

Not Available

Residential improved lots – 1st Loan only
See Other Land Loans

Not Available At This Time Not Available At This Time

 

Not Available At This Time

 

 

Not Available At This Time

 

Not Available

Commercial or Developer Residential vacant land / subdivision lots – 1st TD only
See Other Land Loans

Metro - Suburban commercial lots

Standalone LTV = 25% - 35%. Up to 100% financing possible with additional collateral pledged

Proof of income required -- no stated income land loans
Standalone LTV = 25% - 35%. Up to 100% financing possible with additional collateral pledged

Proof of income required -- no stated income land loans


Standalone LTV = 25% - 35%. Up to 100% financing possible with additional collateral pledged


Proof of income required -- no stated income land loans

 




Standalone LTV = 25% - 35%. Up to 100% financing possible with additional collateral pledged

Proof of income required -- no stated income land loans

 

Not Available

* Loan-To-Value: The maximum percentage of the loan compared to the fair market value of the property. To calculate whether your property qualifies for a hard money loan, multiply the fair market value of the property by the maximum loan-to-value percentage for your property type and location shown in the chart above.  For example, if your property is worth $250,000 and the maximum loan-to-value is 65%, then $250,000 x 65% = $162,500 loan amount before points and fees.

LTV outside CA: LTV on commercial property outside of CA vary by state, property type, and other considerations.

All 2nd mortgage loans must subordinate to conventional 1st mortgages only--we will not subordinate to other private liens.

 

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