Hard Money Loan Lending Parameters

FK CAPITAL FUND is a direct bridge lender and wholesale hard money lender based in San Clemente, California. We successfully serve California’s bridge lending market by providing short-term hard money loans secured by commercial and residential real estate. Our financing is fast, flexible and structured around each individual client. We come from a background of real estate development, investing, and real estate law. Our knowledge of the real estate market enables us to create a niche that is win-win for everyone.

Traditional Hard Money Program

This traditional hard money loan program is for both residential and commercial properties.

Interest Rates: As Low as 6.99%
LTV: Up to 70%
Lien Position: 1st Trust Deeds Only
Loan Fee: 0 – 3 Pts
Commitment Fees: None
Loan Amount: $50,000 and Up
Loan Term: Up to 36 Months*
Documentation: Stated Income*
Underwriting Times: 48 Hours
Closing Times: As little as 7 days
Geography: California Only*

General Guidelines

Brokers Accepted.

Will make exceptions up to 120 months.

Will consider outside of California for commercial loans > $2M.

Par pricing options available on most loan offers.

Strong verifiable income is a compensating factor.

Submission Requirements

Submission Form or Online Submission Form
1003 Application or 1003 Worksheet
Credit Report or Verbal of Credit Score

Profit and Loss (if applicable)
Current Rent Roll (if applicable)
Color Photos or Appraisal

Frequently Asked Questions
Apply Today
Back to Top

2nd Trust Deed Program

Residential properties preferred and some commercial considered for this second trust deed program.

Interest Rates: Starting at 8%*
LTV: Up to 75%*
Lien Position: 2nd
Loan Fee: 2 – 3 Pts
Commitment Fees: None
Loan Amount: $50,000 and Up
Loan Term: 6 – 24 Months*
Documentation: Stated Income
Underwriting Times: 48 Hours
Closing Times: As little as 7 days
Geography: California Only

General Guidelines

70-75% CLTV typically require FK to be 1st trust deed lender or other strong compensating factor.

Prefer Southern CA.

Brokers Accepted.

Will make exceptions up to a 120 month term.

Strong verifiable income is a compensating factor.

Submission Requirements

Submission Form or Online Submission Form
1003 Application or 1003 Worksheet
Credit Report or Verbal of Credit Score

Profit and Loss (if applicable)
Current Rent Roll (if applicable)
Color Photos or Appraisal

Apply Today
Back to Top

High LTV Investor Rehab Loan Program

FK Capital Fund offers a unique high LTV / ARV loan program specifically tailored to rehab investors. The below term sheet represents a closed transaction and in this case calculates out to over 120% loan-to-cost which enables investors to purchase many more properties than your average hard money or conventional loan. This translates to 65% of the After Repaired Value. All loans require cash equity into the transaction from the loan sponsor. Here is a real-world example of the program:

Purchase Price $85,000
After Repair Value: $160,000
Loan Amount: $105,000 (65% of ARV)
Interest Rate: Starting at 11%
Interest Reserve: 3 – 12 Months
Points: Starting at 4 Points
Site Inspection Fee: $250 – $1500
Loan Term: 6 – 24 Months
Geography: California Only
Fund Control: $20,000
Closing Times: 14 Days from Site Inspection
Funds to Close: $17,000

General Guidelines

Prefer Southern CA.

65% of ARV or a Minimum of 15% of Total Cost from Sponsor.

Submission Requirements

Submission Form or Online Submission Form
1003 Application or 1003 Worksheet
Credit Report or Verbal of Credit Score
Rehab Budget

Color Photos or MLS Listing

Frequently Asked Questions
Apply Today
Back to Top

Private Construction/Land Loans

The strength/experience of the principal/sponsor is a key component for this private money construction loan program. Typically we will do up to 75% of the cost of the project. We will focus on shovel/ready construction projects.

Interest Rates: As Low as 9.00%
LTV: Up to 75% of Cost
Lien Position: 1st Trust Deeds Only
Loan Fee: Starting at 2 pts
Commitment Fees: CBC
Loan Amount: $500,000 and Up
Loan Term: 6-24 Months
Documentation: Stated Income
Underwriting Times: 48 Hours
Closing Times: 30 Days+/-
Geography: CA Only

General Guidelines

Brokers Accepted for All Loans < $2M. For Loans > $2M, FK must Deal Directly With Client.

Fees collected and paid to in all cases.

Will consider outside of California for loans > $5M.

Strong verifiable income is a compensating factor.

Submission Requirements

Submission Form or Online Submission Form
1003 Application or Personal Financial Statement
Credit Report or Verbal of FICO Score
Resume of Borrower

Status of the Purchase Escrow (if applicable)
Description of Current Improvements
Description of Future Improvements
Renderings
Proposed Floor Plan (if available)
Short Executive Summary

Apply Today
Back to Top

Owner Occupied Private Money

Proof of ability to pay strictly enforced for our owner occupied hard money loan. We do not accept owner occupied loans from brokers.

Interest Rates: As Low as 6.0%
LTV: Up to 75%
Lien Position: 1st Trust Deeds Only
Loan Fee: As low as 1 pt
Commitment Fees: None
Loan Amount: $100,000 and Up
Loan Term: 30 Year Amort.
Documentation: Full Documentation
Underwriting Times: 48 Hours
Closing Times: 14 – 30 Days
Geography: California Only

Property Types

SFR
Condos
Townhouses
2-Unit
3-Unit
4-Unit

Submission Requirements

1003 Application or 1003 Worksheet
Credit Report or Verbal of Credit Score

Income Documentation
Asset Documentation
Existing Mortgage Information (if applicable)
Purchase Agreement (if applicable)

Frequently Asked Questions
Apply Today
Back to Top

EMAIL UPDATES