What are the fees associated with closing a loan?
What are the fees associated with closing a loan? We do not charge any fees upfront to begin underwriting a loan request. After a final loan approval is given (final [...]
What items should I collect from the borrower to help the underwriting process?
What items should i collect from the borrower to help the underwriting process? Depending on the loan and property type the required documentation will vary slightly. In general these [...]
How long does it take for Wilshire Quinn to fund a loan?
After receiving a signed term sheet we typically fund in 5 to 7 business days.
How long does it take for Wilshire Quinn to determine their interest in the loan?
How long does it take for wilshire quinn to etermine their interest in the loan? After receiving a completed loan application typically we will let you know if we [...]
Where does Wilshire Quinn lend?
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.
What are the biggest factors in Wilshire Quinn underwriting process?
What are the biggest factors in wilshire quinn underwriting process? The two biggest factors that we look at are the LTV (loan-to-value) and location of the property. We strongly [...]
How do I submit a loan request?
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 whether your parking [...]
What types of loans does Wilshire Quinn originate?
We will consider a wide variety of loan types including: purchase, refinance, cash-out refinance, partnership buyouts, rehabs, 1031 exchanges and value-added acquisitions including parking lot loans. [...]
What type of properties do you lend on?
Wilshire Quinn will consider a wide variety of property types including: office, retail centers, industrial, hotels, parking lots/structures, condo inventory, multifamily properties, non-owner-occupied single-family homes, vacation homes and rentals, [...]