Lima One Capital offers a variety of fix and flip loans to residential real estate investors. Its rates range from 7 to 11%, and it can lend up to 75% ARV, 80% LTV, and 90% LTC. Here, we cover Lima One Capital reviews and rates. Ready to get started? Apply now.
Lima One Capital
201 East McBee Avenue Suite 300 Greenville, South Carolina 29601
Business Established Year
Lima One Capital Rates & Terms
The Lima One Capital rates and terms include interest rates that range from 7 to 11.5%. It also offers up to 80% LTV, 75% ARV, and 90% LTC. Its origination fee starts at 1% of the loan amount, with loan terms of up to 13 months. Moreover, it can fund loans within one to two weeks.
Types of Properties
Residential and multifamily (5+ unit residential) investment properties
No minimum or maximum amount indicated
Up to 80%
Up to 75%
7 to 11.5%
1 to 3%
Credit score of 600 or above
Typical Time to Funding
1 to 2 weeks
Other Financing Available
Fix and flip
Bridge plus loans
Final rates vary based on LTV, loan type, loan amount, verification of application information, and other risk-based factors.
*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?
Summary of Lima One Capital Reviews
We compiled online Lima One Capital reviews and found that it has an A+ Better Business Bureau rating and a mix of positive and negative reviews online. Customers who left a positive review said that it offers low rates and fast closings, while those who left a negative review complained about its customer service representatives who could not set proper expectations and thoroughly explain its lending process.
States Currently Lending In
Alabama, Arizona, Arkansas, California, Colorado, Connecticut, DC, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, Wisconsin, and Wyoming