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Private Money Lending Parameters


FK CAPITAL FUND, INC. is a direct bridge lender and hard money lender based in San Clemente, California. We successfully serve California's bridge lending market by providing short-term private money loans secured by commercial and residential real estate. Our financing is fast, flexible and structured around each individual client. We come from a background of real estate development, investing, and real estate law. Our knowledge of the real estate market enables us to create a niche that is win-win for everyone. When we like a property, you will never see your loan close faster.

Private money interest rates start at 6.50%!



TRADITIONAL HARD MONEY LOAN


We like all types of commercial loans and high-end single families. We also syndicate to facilitate larger loan amounts.

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As Low as 8.0%
Up to 65%
1st Trust Deeds Only
3% - 4% depending on the strength of the file
None
$200,000 and up
6 - 24 Months
No appraisals or tax returns most of the time
48 Hours
As little as 7 days
California
NOO Single Family Residence
Multi-family
Retail
Office
Industrial
Hospitality (low LTV)
Submission Form or Online Submission Form
1003 Application or Online 1003 Application
Profit and Loss (for commercial loans)
Current Rent Roll (for commercial loans)
Recent Asset Statement(s)
Credit Report (if available)
Credit Authorization


SOFT MONEY STATED PROGRAM


Generally this is for prime borrowers who are just outside the requirements set down by conventional residential and commercial lenders.

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As Low as 6.5%
Up to 75%
1st Trust Deeds Only
2% - 4% depending on the strength of the file
None
$100,000 and up
36 - 60 Months
Appraisals Required
48 Hours
As little as 14 days
Residential - CA Only - Commercial - Most other states
NOO Single Family Residence
Multi-family
Retail
Office
Industrial
Submission Form or Online Submission Form
1003 Application or Online 1003 Application
Profit and Loss (for commercial loans)
Current Rent Roll (for commercial loans)
Recent Asset Statement(s)
Credit Report (if available)
Credit Authorization


OWNER OCCUPIED HARD MONEY LOAN


Proof of ability to pay strictly enforced. FK Capital Fund, Inc. to work directly with the borrower.

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As Low as 8.0%
Up to 65%
1st Trust Deeds Only
2% - 4% depending on the strength of the file
None
$25,000 - $1,000,000
5 Year Fixed, 30 Year Amortization
Appraisal Required
48 Hours
As little as 14 days
California
1 - 4 Unit Residential Properties
Submission Form or Online Submission Form
1003 Application or Online 1003 Application
Recent Tax Returns and W2's
Paycheck Stubs
Recent Asset Statement(s)
Credit Report (if available)
Credit Authorization


2ND TRUST DEED PROGRAM - REHAB MONEY


Residential preferred, some commercial considered.

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Starting at 15%
Various
2nd Trust Deeds
Starting at 5%
None
Up to $250,000
6 - 12 Months
Appraisal & Tax Returns required case by case
48 Hours
As little as 7 days
California Only
NOO Single Family Residence
Multi-family
Submission Form or Online Submission Form
1003 Application or Online 1003 Application
Rehab Estimate (if applicable)
Recent Asset Statement(s)
Credit Report (if available)
Credit Authorization


SYNDICATED COMMERCIAL LOAN - NATIONWIDE


Multi-family, retail, office, and more. Properties must be in a metropolitan area. FK Capital Fund to work directly with the borrower.

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As Low as 9.0%
Up to 65%
1st Trust Deeds Only
2% - 5% depending on the strength of the file
None
$100,000 and up
6 - 60 Months
Appraisal & Tax Returns required
48 Hours
As little as 14 days
CA, AZ, CO, HI, ID, KS, MT, ND, NE, NM
NV, NY, OK, OR, SD, TX, UT, WA, WY
Multi-family
Retail
Office
Industrial
Hospitality (low LTV)
Submission Form or Online Submission Form
1003 Application or Online 1003 Application
Personal & Business Tax Returns
Profit and Loss Statement (YTD & Previous Year)
Current Rent Roll
Recent Asset Statement(s)
Credit Report (if available)
Credit Authorization


LONG-TERM PRIVATE MONEY


This program differs from our traditional program above in a variety of ways. Longer terms and lower fees. See below.

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As Low as 8.0%
Up to 60%
1st Trust Deeds Only
As lot as 2%!
None
Up to $1,000,000
Up to 120 Months
Appraisal required, tax returns helpful
though loans are stated. If appraisal submitted
with package, appraisal review required.
24 - 48 Hours
As little as 14 days
California Only
NOO Single Family Residence
Multi-family
Submission Form or Online Submission Form
1003 Application or Online 1003 Application
Recent Asset Statement(s)
Credit Report (if available)
Credit Authorization


CONSTRUCTION/LAND LOANS


The strength of the principal is a key component for this program. Typically we will do 65% of the cost of the project. We will consider a loan for only the entitlements or can do all of the construction. FK Capital Fund must deal directly with the loan sponsor.

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As Low as 8.0%
65% of Cost, 50% of As-If Completed
1st Trust Deeds Only
Starting at 4.0%
$2,500 After Approval
$500,000 and up
6 - 24 Months
Appraisal & Tax Returns required in
certain cases depending on the file
48 Hours
As little as 7 days
Western United States
NOO Single Family Residence
Multi-family
Various Commercial
Submission Form or Online Submission Form
1003 Application or Online 1003 Application
Credit Report or Verbal of FICO Score
Resume of Borrower
Status of the Purchase Escrow (if applicable)
Description of Current Improvements
Descriptiom of Future Improvements
Proposed Floor Plan (if available)
Short Executive Summary
Credit Authorization


BULK REO FINANCING


This loan is similar to our Traditional Hard Money Loan except that it is tailored for someone buying multiple properties for short term flips. This loan is intermediate into our line of credit program.

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Sub. Requirements: |







As Low as 8.0%
Up to 65%
1st Trust Deeds Only
2% - 4% depending on the strength of the file
None
$500,000 and up
6 - 18 Months
No appraisals or tax returns most of the time
48 Hours
As little as 7 days
California
NOO Single Family Residence
Multi-family
Submission Form or Online Submission Form
1003 Application or Online 1003 Application
Detailed List of Properties Recent Asset Statement(s)
Credit Report (if available)
Credit Authorization