Commercial
Hard Money Lender
Wilshire Quinn is a commercial hard money lender financing commercial real estate and residential investment properties up to $20,000,000. As a direct commercial hard money lender, we provide pre-approvals in 24 to 48 hours and fund loans in five to seven days.
Finance Your Next Transaction With Wilshire Quinn
- A nationwide direct Lender, not a broker
- Pre-approval in 24 hours
- Typical funding in five to seven days
- Loan amounts up to $20 million
Purchase | Refinance | Cash-Out | Rehab | 1031 Exchange
Get a Quote on a Commercial Loan
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Commercial Loans
Looking to close quickly on a commercial loan?
Wilshire Quinn finances commercial loans nationwide up to $20 million. As a commercial hard money lender, we are able to underwrite your project fast and get a pre-approval letter within about 24 hours and fund the deal within about 5-7 days. Wilshire Quinn realizes the complexities of financing commercial projects. Our successful track record is closely linked to our ability to make immediate lending decisions based on our highly disciplined underwriting approach. The emphasis on in-house loan origination allows our borrowers to move forward with confidence in our commercial loan program.
Lending Parameters
| CLOSING TIME | Typically 5 to 7 days |
| LOAN SIZE | $200,000 to $20,000,000 |
| LTV | Up to 60% LTV and 60% of ARV for rehab loans, not to exceed 90% of the purchase price |
| LIEN POSITION | First Trust Deeds Only |
| LOAN TERM | 3 to 24 months |
| INTEREST RATES | 8.5% to 10.5% |
| AMORTIZATION | Interest-only payments |
| ORIGINATION FEES | 1 to 5 points based on location and property, LTV, credit worthiness of the borrower, loan amount and term |
| LENDING AREAS | Nationwide, in metropolitan and coastal areas |
Commercial Property Types
What We Lend On
Mixed Use
Retail
Office
Industrial
Give us a call: 619-872-6000
Recently Funded Commercial Loans
San Diego, CA
Loan Amount: $3,625,000
Loan Type: Rehab
Property Type: Assisted Living Facility
Loan-To-Value: 60%
Term: 12 Months
Salt Lake City, UT
Loan Amount: $990,000
Loan Type: Refinance
Property Type: Hospitality
Loan-To-Value: 59%
Term: 12 Months
Saint Helena, CA
Loan Amount: $650,000
Loan Type: Cash-Out Refinance
Property Type: Commercial Retail
Loan-To-Value: 45%
Term: 12 Months
West Hollywood, CA
Loan Amount: $2,200,000
Loan Type: Rehab
Property Type: Commercial Retail
Loan-To-Value: 47%
Term: 24 Months
Here’s What Our Borrowers Are Saying
A Proven Commercial Hard Money Lender, Lending Nationwide
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Commercial Hard Money Lenders
Ready to Finance a commercial project?
At Wilshire Quinn we control the lending process and can provide fast answers and quick closings for commercial hard money loans. We are a commercial hard money lenders which means we can fund commercial loans fast. We lend private money loans for commercial projects nationwide up to $20M with funding available in about 5-7 days.
Submit a loan application
Partner with a direct lender you can trust.
FAQs – Commercial Hard Money Loans
A hard money loan is a real estate-backed loan where a borrower receives funds secured by equity in their property (or properties). Hard money lenders like Wilshire Quinn are mainly focused on the equity in the property as opposed to borrower credit and financials. Hard money loans are typically short-term ranging from six months up to two years.
Hard money lenders like Wilshire Quinn primarily focus on a property’s equity to secure the loan. The borrower’s credit is considered, but is not a primary determinant in the underwriting process.
After receiving a signed term sheet, Wilshire Quinn typically funds a loan in five to seven business days.
Wilshire Quinn will consider a wide variety of property types including: office, retail centers, industrial, hotels, parking lots/structures, condo inventory, entitled land, multifamily properties, non-owner-occupied single-family homes, vacation homes and rentals, primer loans and bridge loans.
We will consider a wide variety of loan types including: purchase, refinance, cash-out refinance, partnership buyouts, rehabs, 1031 exchanges and value-added acquisitions.
You can either complete our online loan application, email or call us. We would prefer to talk through your loan scenario directly, as we can determine in a matter of minutes, once we have a few simple questions answered, if we have interest.
Our interest rates typically range from 8.5% to 10.5%, interest-only. Lender origination points typically range from 1% to 5% of the loan amount. The borrower pays for standard closing costs (title, escrow, legal).
Most of our portfolio is in California but we do have the ability to lend nationwide. We strongly prefer to lend in major-metropolitan areas.
