Aloha Capital was created by real estate investors, for real estate investors. We offer fast, flexible and reliable private lending solutions at competitive rates to help you invest in single family, multi-family & commercial real estate properties. We are a direct, private lender specializing in hard money bridge loans for fix and flip, buy and hold, and turnkey real estate investment providers.

Here’s our pricing options for fix & flip loans:

  • 90% Financing
    90% of purchase, up to 100% of Renovation
    Max 75% of ARV, 9-24 month term
    11% and 2 Points
  • 85% Financing
    85% of purchase, up to 100% of Renovation
    Max 75% of ARV, 9-24 month term
    8.99% and 2 Points
  • 80% Financing
    80% of purchase, up to 100% of Renovation
    Max 75% of ARV, 9-24 month term
    7.99% and 2 Points

Property Geographic Area Details

We lend in 24 states: AZ, CO, DC, FL, GA, IL, IN, KS, KY, MD, MN, MO, NJ, NY, OK, OH, OR, NC, TN, TX, UT, VA, WA, WI. We prefer urban, metro or sub-urban areas.

Loan Amounts

$75,000 to $5,000,000

Interest Rates

7.99% to 11.99%

Max Loan-To-Value


Max Loan-To-Cost


Origination Fees

2% to 4%

Loan Terms

6 months to 24 months

Lien Position

  • 1st

Loan Purpose

  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property
  • Value Add Project

Property Occupancy

  • Vacant
  • Tenant Occupied 100%

Property Types and Loan Types

Collateral Types

  • Residential Property
  • Commercial Property

Property Types

  • 2-4 Units Residential
  • Condominium
  • Multifamily
  • Portfolio of Residential Properties
  • Single Family Residence

Loan Types

Specialty Loan Types

  • Line of Credit Portfolio of Properties

Purchase Loan

Max Loan-To-Purchase Price


Borrower Must Have Property Under Contract


Will Provide Proof of Funds Letter


Will Consider Lending on Purchase from Auction


Allowed Source of Borrower’s Equity

  • Own Cash
  • Partner
  • Equity in Subject Property
  • Equity in Another Investment Property

Details and Requirements

Typical Closing Time (Days)


Fastest Closing Time (Days)


Works With

  • Brokers
  • Borrowers

Payment Structure

  • Interest Only
  • Amortized
  • Interest Reserve

Pre Payment Penalty


30 year rental loans only 5 year PPP Or, PPP can be bought down 4-3-2-1 with rate increases

Will lend to a foreign national


620 Credit or better

Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage


Will Consider Collateralizing Multiple Properties in One Loan


Will Consider Equity Joint Venture


Borrower Entity Types Considered

  • LLC
  • Limited Partnership
  • Trust
  • Corporation
  • Non-Profit Corporation
  • Self-Directed IRA

Documentation Required

  • Credit Report
  • Bank Statements
  • Financial Statements
  • Loan Application

Personal Guaranty (Recourse) Required


Credit Check Required


Minimum Credit Score Required


Credit Check Description

Tri-merge, hard credit pull, middle score.

Appraisal Required for Residential Property


Appraisal Required for Commercial Property


Broker Price Opinion (BPO) Accepted for Residential Property


Broker Price Opinion (BPO) Accepted for Commercial Property



Documents Fee

$995 for Bridge $1250 for Rental loans

Inspection Fee

Bridge $150, plus a $30 wire fee

Extension Fee

Same pro rata/rate per month or quarter as paid to originate the loan

Appraisal Fee

Bridge As is and ARV appraisals Varies by market. $400 to $750 generally. Rental loans As is and 1007/market rent appraisal

Minimum Origination Fee Amount


Fees which are mandatory for all new borrower clients

  • Documents Fee
  • Appraisal Fee
  • Inspection Fee
  • Extension Fee

Fees which are charged upfront prior to loan closing

  • Appraisal Fee

Fees which are paid to a third party company

  • Appraisal Fee
  • Renovation or Construction Funds Draw Fee

Legal Disclaimer

The lending guidelines provided herein are based on the best information available at the time and is subject to change at the Lender's sole and absolute discretion. Nothing provided herein shall constitute a legally binding contract. Legally binding Agreements will be provided to current borrowers upon request.

We are an organization built on passion, experience, and ingenuity. As an investment manager, real estate investor and lender, we hold ourselves to the highest ethical and fiduciary standards. We act as financial stewards to our investors and as trusted business partners to our real estate investment clients & partners. The Aloha Capital team is always looking for ways to give back through service and philanthropic giving.

Minnesota Residential Mortgage Originator License Lic. #MN-MO-1279924


NMLS #1279924, MN-MO-1279924

Company Size (Number of Employees)


Year Established


Office Locations

Aloha Capital LLC
2525 Arapahoe Avenue, E4-259, Boulder, Colorado 80304

Primary Capital Source

  • Own Funds
  • Bank Credit Line
  • Private Equity Funds
  • Asset Management Companies

Alternative Capital Sources

  • Single Capital Partner
  • Hedge Funds

Loan Structure for Majority of Loans

  • Own Balance Sheet

Alternative Loan Structures

  • Table Funding with Capital Partner

Percentage of company’s lending business focused on private mortgage


Company’s Other Business Activities Besides Private Mortgage Lending

  • Commercial Real Estate Investing
  • Residential Real Estate Investing

Percentage of Loans Secured by Residential Property


Percentage of Residential Property Loans Which are Fix and Flip


Percentage of Residential Property Loans Which are Buy and Hold


Percentage of Residential Property Loans Which are Long-Term Rental (5+ years)


Total Number of Loans Funded to Date


Total Loan Volume Funded to Date


2017 Number of Loans Funded


2017 Loan Volume Funded


2018 Number of Loans Funded


2018 Loan Volume Funded


Steve Sapourn


Mr. Sapourn is a co-founder and portfolio manager for Aloha Capital. Steve oversees borrower and deal underwriting as well as portfolio management, with a focus on maximizing returns and mitigating risks. Steve’s years of experience in the alternative investment industry dates to 1996 and includes founding and serving as Chief Investment Officer for hedge funds managing over $125 million using quantitative trading strategies he developed and implemented. He has performed various roles including Chief Compliance Officer, chief of operations and portfolio manager for commodity trading advisors and fund of funds. He has deep expertise in analyzing the risk and reward of investment opportunities. As portfolio manager for Aloha Capital, Steve has underwritten and serviced over $80 million in loans to sophisticated real estate investors in 10 states. A real estate investor for over 25 years, Mr. Sapourn actively invests in commercial and single family residential projects as well as lending money secured by real estate to well qualified borrowers. Steve graduated from the University of Colorado, Boulder in 1992 and lives in Boulder with his two children Athena and Apollo.

License Information

Chris Jones


Mr. Jones oversees business development, compliance and focuses on investor relationships as well as sourcing institutional capital and real estate partners. In his two plus decades of experience in the alternative investment industry, Chris has raised over $200 million in client assets. Mr. Jones has also served as Chief Compliance Officer, as well as having worked in operations and trading. Over the twenty plus years managing private investment funds--he is proud to have delivered HNWI, family offices and institutional investors solid absolute returns through several market cycles.

Kevin Hill


Kevin oversees operations, compliance and business development efforts in Aloha's lending business. Mr. Hill has over 15 years of experience in the alternative investment space, including leadership roles at a large managed account platform, a fund administrator and multiple technology startups. He has been deeply involved with growing several businesses through the development of technology, processes, people and partners that drive both revenue growth and profitability.

Scott, Fix & Flip Real Estate Investor

I currently have two project loans with Aloha and love working with this great team! Caitlin, Chris and Kevin in Boulder have all been rock stars helping my team secure fix and flip loans in record speed with great rates! Thanks guys!

Fort Collins, CO

November, 2018

Karina, Fix & Flip Real Estate Investor

I have done two loans with Aloha thus far! Closing went smoothly on both. Caitlin worked hard both times to make the numbers work. I wouldn't use anyone else!

Palisade, CO

October, 2018

Jon, Fix & Flip Real Estate Investor

Aloha is an excellent company to work with. Very good communication and my experience has been very smooth from the beginning!

Buffalo, NY

October, 2018

Tom, Fix & Flip Real Estate Investor

I flip several housed a month and use Aloha for all of my lending. I have had only good experiences with this lender! The staff is outstanding and goes over the top to make sure all of my lending needs are taken care of! They bend over backwards to work with my hectic schedule, too!! Thank you!!

Cleveland, OH

October, 2018

Loan Request

Short Description of your Loan Request or Property Address

This information is about yourself, not the subject property.


At the end of the form you can enter the additional properties.

(temp use, storage, billboard, parking, etc.)


If Borrower is not seeking additional funds for the renovation, change the Loan Type to Purchase or Acquisition.


(temp use, storage, billboard, parking, etc.)


If Borrower is not seeking additional funds for the renovation, change the Loan Type to Purchase or Acquisition.


how will the loan be paid off?


Add links to photos here.


Add links to photos here.

Photo Link

Add links to documents, photos, etc.

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