Fast pre-approvals for your clients and funding available within days of an LOI
Unlike traditional lenders, we focus more on the equity in a property relative to the borrower’s credit score. The underwriting and funding process can take place in a matter of days instead of weeks or months.
Recently Funded Hard Money Loans
LOS ANGELES, CA
Loan Amount: $16,025,000
Loan Type: Blanket Refinance
Property Type: Hospitality
Loan-To-Value: 43%
Term: 12 Months
DENVER, CO
Loan Amount: $2,520,000
Loan Type: Purchase
Property Type: Assisted Living
Loan-To-Value: 59%
Term: 12 Months
LOS ANGELES, CA
Loan Amount: $10,675,000
Loan Type: Refinance
Property Type: Parking Structure/Retail
Loan-To-Value: 52%
Term: 12 Months
LAKE OSWEGO, OR
Loan Amount: $1,500,000
Loan Type: Purchase (Blanket)
Property Type: Single-Family
Loan-To-Value: 61%
Term: 12 Months
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Streamlined process and approval within 24 hours
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Funding typically in 5 to 7 days
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We are a direct Lender; not a broker
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Foreign nationals OK
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Refinance, purchase, blanket, rehab loans, 1031 exchange, partnership buyout
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Commercial, residential, multifamily, most property types considered
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Special use buildings like: car wash, gym, parking lot, medical center, mobile home park
Program Highlights
A bridge loan provides funds to investors with shorter investment horizons and exit strategies.
Here’s What Our Customers Are Saying
A proven bridge Loan lender, lending nationwide.
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FAQ’s – Hard Money Loans
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.
The two biggest factors that we look at are the LTV (loan-to-value) and location of the property. We strongly prefer to lend in major-metropolitan areas. Properties located in major metropolitan areas with substantial cash-flows and high credit borrowers are great loan scenarios for us.
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.
After receiving a completed loan application typically we will let you know if we are interested in the loan within 24 hours. If we do have interest then we will issue a term sheet shortly there-after.
After receiving a signed term sheet we typically fund in 5 to 7 business days.
Depending on the loan and property type the required documentation will vary slightly. In general these are the typical items that we will ask for:
- Purchase agreement
- current mortgage statement
- payoff demand
- financial statements detailing the NOI of the property
- lease agreements
- rent rolls
- Phase I environmental report
- Appraisal
- recent bank statement
- taxes returns.
To see a full list of documents for your hard money loan application, click here
We do not charge any fees upfront to begin underwriting a loan request. After a final loan approval is given (final loan approval is only granted after a term sheet has been issued and all of the requested items on the needs list have been received) then a retainer will be requested to draft loan documents. The borrower is responsible for paying for the appraisal, standard title/escrow and notary fees, legal fees, and a Phase I environmental report (if needed).
Loan Request
If you have a client who needs short-term financing and fast, fill out the form below and our loan department will reach out to gather information we need to review your loan.
We generally make loan decisions within 24 hours. Funding can be available for your client in about five to seven days,
if we are able to offer loan terms.
Submit a loan application
Partner with a direct lender you can trust.
