Hard Money Loan Lending Parameters
FK CAPITAL FUND is a 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.
| Construction Loans | ||||||
| 1st Trust Deed |
2nd Trust Deed |
Land Loans | High LTV Rehab Loans |
Construction Loans |
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| As low as 8.99%6 | As low as 9.99%6 | As low as 10.99%6 | As low as 9.99%6 | As low as 9.99%6 | ||
| Up to 70%1 | Up to 70%1 | Up to 50%2 | Up to 85% LTC 65% of ARV |
Up to 75% of Cost 65% of ARV |
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| Appraisal, BPO and/or Site Inspection Required Case-by-Case | ||||||
| Business Purpose Loans Only | ||||||
| 1st | 2nd | 1st | ||||
| Up to $5,000,0008 | ||||||
| Up to 36 Months4 | 12 Months3 4 | 12 Months w/ Extensions | ||||
| Case-by-Case | None | |||||
| 1 – 3 pts | 2 – 4 pts | 2 – 3 pts | ||||
| As little as 3 days with Full Package7 | 2 – 4 Weeks | |||||
| California Only | ||||||
| Residential & Commercial | Residential5 | |||||
| 1 Compensating Factors Required for LTV’s between 65% and 70%. Loan may be structured as 1st and 2nd Trust Deed.
2 Infill lots to 50% LTV. Raw land loans to 25% LTV. 3 A strategy with the subject property is required 4 Exceptions available to a 120 month term. 5 Some limited commercial construction is available. 6 Exceptions available for a lower rate for well qualified borrowers. 7 Full Package includes title, insurance, appraisal/valuation, etc. 8 Higher loan amounts considered Case-by-Case. Final pricing including rates, fees, and maximum LTV/CLTV may vary based on the loan and borrower parameters according to our underwriting guidelines and the risk profile. |