BRC Loans offer hard money loans for fix and flip investors throughout California. They have been in business since 2009 and funded around 150 loans equalling roughly $54 million in total dollars loaned. Rates start at 9.9% and they’ll lend up to 70% LTV. There are no reviews found online.
|Business Name:||BRC Loans|
|Business Address:||700 S. Flower Street, Suite 2650, Los Angeles, CA 90017, USA|
BRC Loans Rates & Terms
|Types of Properties||Non-owner occupied residential|
|Loan Amount||$100,000 to $2.5 million|
|LTV||up to 70%|
|Interest Rates||9.9% and up|
|Lender Fees||2 points and up|
|Loan Terms||6 to 12 months|
|Minimum Qualifications / Documentation||Good credit|
|Time to Funding||10 days|
|Other Financing Available||Fix and Flip loans|
Commercial Bridge loans
2nd Trust Deed Loans
*Exceptions may be granted. Lender information is updated often, however exact lender terms may have changed.
Popular Hard Money Lenders 2019
Investors who want competitive rates and fast funding for residential fix and flips
Landlords wanting to refinance or grow their rental portfolio
Short-term investors looking for a good residential fix-and-flip hard money loan option
Investors who want great customer service with a local bank feel from a 44-state lender
Fix and flippers who want an alternative to LendingHome, but with a commercial component
Which Hard Money Lender is Right for You?
States Currently Lending In