LBC capital is a direct hard money lender. We also work with private individual investors to accommodate any scenario you might have. You can rely on us as we have 100% closing ratio on all submitted files. If you have a rush deal we can close your transaction within 48 hours. There are hundreds of pending transactions that aren't being closed on time. Maybe private lending is the right away to go to secure the property and then refinance at a better rate. Give me a call to get a right away response and same day commitment at my cell phone number 818 216 8071.
Our most popular program is that we lend 60%-65% LTV based on marketvaluenot the purchase price. In that case, if you are buying a property below market value it's possible for you to put as low as 10% - 20% down to qualify for the loan.
Hard Money Terms:
* Rates 7.99% - 10% (Based on Down payment)
* Instant same day Approval
* Start at 2.0 Points
* 60%-70%ltv
* 0-9 Month Prepayment penalty
* Seconds are Ok
* Bad Credit Ok
* Low Docs (No Taxes)
* Residential, Commercial, Construction Loans
* Loans from $100,000 to $150,000,000
* Brokers are Welcome
* No upfront fees
* California Loans amounts over $100,000
Outside of California Any Non-Judicial Foreclosure State/ Property over $500,000
* Investment property only
We also specialize in 2nd cashout and construction loans.
Terms depend on property type,conditionand loan amount.
Call me atmy cellphone number 818 216 8071.
Vadim Rubinstein
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Vadim Rubinstein
Private Finance Department
818 216 8071
www.lbccapital.com
6350 Laurel Canyon Blvd Suite 310, North Hollywood CA 91606
