Your Trusted
Oregon Hard Money Lender
Wilshire Quinn is an Oregon hard money lender, financing real estate investments up to $10 million. We work fast, turning loans around much quicker than traditional lending institutions, because we know time is critical for borrowers looking to invest in Oregon’s competitive market.
- A nationwide direct lender, not a broker
- Pre-approval in 24 hours
- Typical funding times in 5 to 7 days
- Loan amounts up to $10,000,000
- Foreign nationals OK
Purchase | Refinance | Cash-Out | Rehab | 1031 Exchange
Direct Lender For Bridge Loans In Oregon & Nationwide
Apply for a Hard Money Loan
Get started by completing the form below and an associate will reach out to get your loan details
To Speak With A Representative
Call (619)872-6000
Lending Parameters
| CLOSING TIME | Typically 5 to 7 days |
| LOAN SIZE | $500,000 – $20,000,000 |
| LTV | Up to 60% LTV and 60% of ARV for rehab loans, not to exceed 80% of the purchase price |
| LIEN POSITION | First Trust Deeds Only |
| LOAN TERM | 6-18 months |
| INTEREST RATES | 9% – 12% |
| 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, primarily in metropolitan and coastal areas |
Property Types
- Condominiums
Special Purpose & Mixed Use
Gas Stations
Our Lending Program:
Closing Time: Typically 5 to 7 days
Loan Size: $200,000 to $20,000,000
- LTV: Up to 60% and 60% of ARV for rehab loans, not to exceed 90% of the purchase price
Lien Position: First Trust Deeds
Loan Term: 3 to 24 months
Interest Rate: 7.5% to 11%
Amortization: Interest-only payments
Advantages of a Hard Money Loan
Whether you are looking to secure financing for a purchase, refinance, or cash-out refinance, here are some advantages to using a hard money loan:
- Speed / Closing Time: Qualifying and being approved for a hard money loan is a significantly faster process than applying for a traditional loan through a bank. Wilshire Quinn typically funds hard money loans in 5 to 7 business 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 a borrower’s credit score and debt to income levels.
- Rehab and non-stabilized property financing Properties that require substantial rehab or that have high vacancy rates often can be difficult for traditional lenders to finance. Oregon hard money lenders such as Wilshire Quinn have the ability to structure deals to allow investors to rehab and stabilize properties.
Looking for an Oregon hard money lender? Chat with a representative online to discuss your loan or call us at 619-872-6000.
Here’s What Our Borrowers Are Saying
A Proven Oregon Hard Money Lender, Lending Nationwide
Oregon Hard Money Lender – financing your investment property
Oregon is one of the most geographically diverse states in the U.S., marked by volcanoes, abundant bodies of water, dense evergreen and mixed forests, as well as high deserts and semi-arid shrublands. It is also one of only 3 states with coastal access to the Pacific Ocean. Because of its diverse landscapes and waterways, Oregon’s economy is largely powered by various forms of agriculture, fishing, and hydroelectric power. Their economy has remarkable rebounded from the depths of the Great Recession to a position where their economy is ranked as one of the best performing in the nation.
High-tech industries continue to be an important economic driver in Oregon. Many companies are choosing to relocate as the wages and cost of doing business rise in cities like San Francisco and Seattle.
The housing market is hot across the nation, particularly so in cities like Portland Oregon. When the economy is good, people want homes. New construction just can’t keep up with the demand and the majority of people are still renting.
Ready to finance your Oregon investment properties?
The number of Americans renting is incredibly high, leaving a great investment opportunity in rental income properties.
- 30% to 40% returns are not unheard of for investment properties
- Portland had 2nd highest home price growth in 2016 & 2017 (Seattle #1)
- rent prices increased an average of 8.4% from the previous year
Rental properties have recently created a stable vehicle for investing money and creating wealth. As many look to purchase an investment rental property, some look for an Oregon hard money lender to finance their real estate purchase. Unlike traditional lenders, private money lending institutions focus more upon 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. Wilshire Quinn continues to fund hard money loans in Oregon and across the nation.
Asset Based Lending
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. Wilshire Quinn takes pride in our common sense equity based lending. Wilshire Quinn is an Oregon hard money lender with experience lending in the state of Oregon and across the nation. As an experienced hard money lender we can handle even the most complicated of lending scenarios and care more about the real estate that you are purchasing or refinancing than inflexible bank requirements.
Submit a loan application
Partner with a direct lender you can trust.
FAQs – 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, 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 9% to 12%, 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.
