Hard Money Lender
Finance Your Next Transaction With Wilshire Quinn
- A nationwide Direct Lender, not a broker
- Pre-approval in 24 hours
- Typical funding times in 5-7 days
- Loan amounts up to $10,000,000
- Foreign Nationals OK
Purchase | Refinance | Cash-Out | Rehab | 1031 Exchange
Apply for a Hard Money Loan
Get started by completing the form below and an associate will reach out to get your loan details
|CLOSING TIME||Typically 5-7 days|
|LOAN SIZE||$200,000 to $10,000,000|
|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||3-24 months|
|INTEREST RATES||8.5% – 11%|
|AMORTIZATION||Interest only payments|
|ORIGINATION FEES||1-5 points based on location and property, LTV, credit worthiness of the borrower, loan amount and term|
|LENDING AREAS||Nationwide, in metropolitan and coastal areas|
Single Family Investment Properties
Industrial & Warehouse
Hotels & Motels
Healthcare & Assisted Living Facilities
Special Purpose & Mixed Use
Parking Garages & Lots
Mobile Home Parks
Our Lending Program:
Funding in 5-7 days
Loan Amounts from $200,000 to $10,000,000
Commercial & Residential Real Estate Nationwide
Purchase, Refinance, Rehab, Cashout Refinance, Fix-n-flip, Blanket Loans
Foreign Nationals OK
Loan Term: 3 – 24 months
Know Our Borrowers
Premier Los Angeles Hard Money Lender, Lending Nationwide
Recently Funded Hard Money Loans
El Monte, CA
Loan Amount: $4,750,000
Loan Type: Refinance
Property Type: Industrial
Term: 12 Months
San Diego, CA.
Loan Amount: $2,500,000
Loan Type: Purchase / Rehab
Property Type: Multi-Family
Term: 12 Months
Loan Amount: $2,215,000
Loan Type: Purchase / Rehab
Property Type: Retail Center
Term: 18 Months
Advantages of a Bridge Loan
Whether you are looking to secure financing for a purchase, refinance, cash out, or a multiple property loan; here are some advantages to using a bridge loan also known as a hard money loan.
- Speed / Closing Time: Qualifying and being approved for a bridge loan is a faster process than applying for a traditional loan or an equity loan. Wilshire Quinn typically funds bridge loans in 5-7 days.
- Credit score not a major factor: Asset based lending means we base our loan amounts on the value of real estate, such as an investment property, multifamily building, or commercial building, rather than strictly on your credit score and debt to income levels.
- Opportunities: Having a bridge loan allows you to secure opportunities that you might otherwise miss out on in the housing market. Showing a seller you have been pre-approved by a private money lending institution can help you win an offer. Read more about this here: Using private money lending to win real estate bidding wars.
Submit a loan application
Partner with a direct lender you can trust.
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 6 months up to 2 years.
Hard money lenders like Wilshire Quinn primarily focus on the equity in the property to secure the loan. The borrowers 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 5 to 7 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, multi-family properties, non-owner occupied single family homes, vacation homes and rentals, primer loan, bridge loan.
We will consider a wide variety of loan types including: purchase, refinance, cash-out refinance, partnership buyouts, rehabs, 1031 exchanges, value added acquisitions.
You can either complete our online loan application, email or call us directly. We would prefer to talk through your loan scenario 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 9% to 12%, interest-only. Lender origination points typically range from 2% to 5% of the loan amount. The borrower pays for standard closing costs (title, escrow, legal).
At Wilshire Quinn you’ll get the friendly guidance you need to help you through the private money loan process. We’ll make sure the loan terms work for you and for your project or we won’t fund the loan. Submit a loan scenario today to quickly hear back from one of our representatives.