San Diego Hard Money Lender 2018-07-10T16:08:51+00:00

San Diego
Hard Money Lender

Wilshire Quinn has quickly grown as a San Diego hard money lender financing real estate investments in the commercial & residential space. As a direct private lender, we can fund hard money loans in about 5-7 days for our clients. We know that time is of the essence for borrowers who may be seeking a bridge loan or private money loan in San Diego, CA. When you work with a San Diego hard money lender like Wilshire Quinn, you can rest at ease knowing we fund real estate investments fast. Whether it is a purchase, refinance, cash out, or a multiple property loan; you can count on the premier San Diego hard money lender Wilshire Quinn.

619.872.6000 | loans@wilshirequinn.com

Apply for a Hard Money Loan

Get started by completing the form below and an associate will reach out to get your loan details

AS SEEN ON

San Diego hard money lender in Yahoo Finance
San Diego hard money lender in Yahoo Finance
San Diego hard money lender in Investor Place
San Diego hard money lender on NBC
San Diego hard money lender in Markets Insider
San Diego hard money lender in FOX News
Hard Money Lenders (Home) » San Diego Hard Money Lender

What is a Hard Money Loan?

A hard money loan is a short-term loan also known as a bridge loan, that is used until a person or company either secures permanent financing or removes the obligation through the sale of the property. Hard money loans generally have higher interest rates than conventional or bank loans, and are written for shorter periods of time. Typical hard money loans or bridge loans are 12 to 18 months in length. Wilshire Quinn loans do not exceed 60% of the appraised value of the property securing the loan.

Who Typically Uses a Hard Money Loan

  • Business owners looking to pull cash out of existing properties
  • People who want to close quickly
  • Borrowers who have multiple properties looking to cross collateralize
  • Investors looking to purchase rental properties
  • Investors who buy, repair, and immediately resell their property (Flippers)
  • Borrowers who cannot refinance with a traditional bank
  • Builders and more…

Recently Funded Hard Money Loan Transactions

San Diego Hard Money Lender - recent deal
San Diego, CA.

Loan Amount: $765,000
Loan Type:  Refinance
Property Type: Single Family
Loan-To-Value: 60%
Term: 12 Months

San Diego Hard Money Lender - Warehouse in El Monte
El Monte, CA.

Loan Amount: $4,750,000
Loan Type:  Refinance
Property Type: Industrial
Loan-To-Value: 60%
Term: 12 Months

San Diego Hard Money Lender - recent deal in LA
Santa Monica, CA
Newport Beach, CA

Loan Amount: $3,725,000
Loan Type:  Purchase / Rehab / Blanket
Property Type: Single Family
Loan-To-Value: 45%
Term: 12 Months

San Diego hard money lender Wilshire QuinnSan Diego hard money lender - buying a rental propertySan Diego Hard Money Lender - rent ratesSan Diego Hard Money Lender - East Village Development

Why work with a
San Diego Hard Money Lender?

The sun, the sand, and the craft breweries are just a few reasons why San Diego has earned the name “America’s Finest City”. Whether you’re hitting the nightlife in the Gaslamp Quarter or taking a stroll down the boardwalk, San Diego has something for everyone. The near-perfect weather and beautiful beaches has many people packing their bags and moving to San Diego year after year.

The unemployment rate in San Diego has been on a steady decline since 2010, and many industries like biotech are reporting growth in 2018. San Diego County ranks No. 3 in state with life-sciences jobs employing 45,959 people. When the economy is good, people want homes. The housing market is hot across the nation, particularly so in cities like San Diego, CA.

Melissa Hazlett, Baldwin & Sons’ VP of sales and marketing, says “One of the challenges we currently face is getting new construction started and completed at the same rate as the demand.” Baldwin & Sons is developing homes in Otay Ranch, a 5,300-acre planned community in Chula Vista, CA.

Ready to finance your San Diego investment properties?

The number of Americans renting is incredibly high, leaving a great investment opportunity in rental income properties. San Diego hard money lender Wilshire Quinn Capital can help you purchase a rental property in this competitive market.

  • 30% to 40% returns are not unheard of for investment properties
  • rent prices increased an average of 8.4% from the previous year
  • San Diego’s median rent price is currently at $2,500 – nearly double the national rate (Zillow.com)
  • San Diego is expected to continue growing well into the future, reaching a projected 1.9 million people by 2050, or a 49% increase from 2000.

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 a San Diego hard money lender to finance their real estate purchase. Unlike traditional lenders, private money lending institutions 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. Wilshire Quinn continues to fund hard money loans in San Diego 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 a San Diego hard money lender located in the downtown area. 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.

Request Loan Rates

Our Borrowers Appreciate Us!

San Diego Hard Money Lender with offices in Los Angeles and San Francisco; Lending Nationwide.

I'm not one to typically write reviews but I was so impressed with Wilshire Quinn Capital's service I felt it needed to be shared. I'm a mortgage broker and I recently referred a client to Wilshire Quinn who didn't qualify for any of our programs and needed to fund quickly on a house. I spoke with Matt Mielke and he was not only able to provide a great loan for the client but funded it with time to spare! The client thanked me for connecting him with Matt and as that was the only way he could finance his dream home. It was nice to be able to refer a hard money lender that did what he said he was going to do. I highly recommend Wilshire Quinn Capital for any hard money lending.
Travis Smith
Travis Smith
20:45 21 Mar 18
The professionals at Wilshire Quinn are the best of the best. If you're not able to use a traditional lender, give these guys a call. They're extremely professional, knowledgeable and efficient!
Michaela Keilty
Michaela Keilty
17:47 21 Mar 18
The best!! They are trustworthy and professional. I highly recommend!!
Dan Fulkerson
Dan Fulkerson
23:26 19 Mar 18
Matthew and his team are the most professional efficient team I have ever worked with in all my 25 years in Finance they took a very tough loan and converted it into $400,000 in working capitol in less than 2 weeks the level of service was unmatched Matthew Mielke is an absolute rock star to deal with if he tells you he will call you at 3 the call happens at 2:30 thank you Matthew for all your help!Jason Roberts
Jason Roberts
Jason Roberts
22:42 31 May 18
Kris Lindley
Kris Lindley
21:56 26 Mar 18
Whether you are investing in secure first trust deed notes or need a hard money loan from a respected private lender, I recommend Wilshire Quinn.
Kris Pattison
Kris Pattison
18:07 28 Mar 18
I’ve dealt with them for 3 years and I’ve always had a great experience. No one should have any reservations about working with them.
arnie rissman
arnie rissman
21:36 15 May 18
A couple of years ago Chris Garcia and the team at Wilshire Quinn Capital were introduced to me through a good friend and business partner who has known Chris for many years. WQ has twice since then provided the ideal funding for my projects. They keep it simple. The deal terms, loan docs, appraisals and everything involved in the closing were clear, easy and fast. No headaches. The deals were fair. There have been no fine print surprises. They were prompt, clear in communications, flexible and friendly. They were patient through delays caused by me and others. I would highly recommend Wilshire Quinn to anyone.
Robert Noble
Robert Noble
19:15 16 May 18
This is a superb company to do business with.The customer service is always fast and accurate and gets the job done..When we needed help we had it in record time (three different times) to solve our financial needs...We can't say enough good things about doing business with Wilshire Quinn. Marvin and Arde Harris
arde harris
arde harris
16:16 17 May 18

San Diego Hard Money Loans for Industrial Space

With e-commerce on the rise in San Diego, many are looking for industrial space to use as distribution centers. The most activity is in logistics, warehousing and distribution of consumer products, because of an increasing amount of goods imported from Asia.

“When you think of industrial space, you have manufacturing space and distribution spaces, and when you think about all the distribution warehouses that are being used for e-commerce, it’s a real growth area,” Allen Matkins Operating Partner John Tipton said.

North County, the second most popular market in San Diego, is seeing a surge in new industrial development and leasing activity, with nearly 1M SF under construction since 2015. There are many advantages to working with a San Diego hard money lender to purchase or refinance and industrial building. To find our more, contact us today!

Get Rates for Industrial Space
San Diego hard money lender - industrial buildings

F.A.Q’s – Hard Money Loans 101

What is a hard money loan? 2018-05-16T17:56:49+00:00

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.

What if my credit score is low? 2018-05-16T17:44:44+00:00

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.

How long does the loan process take? 2018-05-30T22:54:06+00:00

After receiving a signed term sheet Wilshire Quinn typically funds a loan in 5 to 7 business days.

What type of properties do you lend on? 2018-05-30T22:54:31+00:00

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.

What types of loans does Wilshire Quinn originate? 2018-05-30T22:54:44+00:00

We will consider a wide variety of loan types including: purchase, refinance, cash-out refinance, partnership buyouts, rehabs, 1031 exchanges, value added acquisitions.

How do I submit a loan request? 2018-05-30T22:55:08+00:00

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.

What is the cost of a hard money loan? 2018-03-26T21:57:22+00:00

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).

San Diego Hard Money Lender

Ability to fund hard money loans fast

At Wilshire Quinn Capital we control the lending process and can provide fast answers and quick closings for your hard money lending needs. We are a direct lender which means we can fund hard money loans fast. If you are looking for a San Diego hard money lender, give us a call!

Submit Loan Request

Call us now at 619.872.6000 and speak directly to a decision maker. Get a pre-approval within 24 hours and get funding in about 5-7 days.

San Diego hard money lender - Wilshire Quinn Logo

Wilshire Quinn Capital, Inc.
2550 Fifth Ave, Suite 1070
San Diego, CA 92103


E: loans@wilshirequinn.com
P: (619) 872-6000
F: (619) 872-6010

Submit a loan application

Borrow with confidence from an experienced direct private bridge lender!

Customer Service

At Wilshire Quinn Capital 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. If you are looking for a San Diego hard money lender, feel confident calling Wilshire Quinn Capital.

Wilshire Quinn Capital Rated 5 / 5 based on 12 reviews. | Review Me