American Heritage Lending

Fast Funding for Residential Property Investors

Bridge | Fix & Flip | Rehab & Hold | Long-Term Rental

Founded in 2004, American Heritage Lending, Inc. focuses solely on hard money financing for residential real estate investors. We offer short and long term loans for a property purchase, refinance, buy to rent, fix & flip and long-term rental. We are a direct lender and have the flexibility to expedite your loan process, with excellent service.

Property Geographic Area Details

Nationwide except ID, MN, NV, ND, SD, VT

Loan Amounts

$100,000 to $5,000,000

Interest Rates

8% to 12%

Max Loan-To-Value

75%

Max Loan-To-Cost

85%

Origination Fees

1% to 3%

Loan Terms

12 months to 360 months

Lien Position

Loan Purpose

Investment Acquisition
Investment Refinance
Improve Subject Property
Use Equity to Invest in Another Property
Invest in a Business
Business Working Capital
Value Add Project
Development Project

Property Occupancy

Vacant
Tenant Occupied 100%
Owner Occupied Commercial

Property Types and Loan Types

Collateral Types

Residential Property

Property Types

2-4 Units Residential
Condominium
Single Family Residence

Loan Types

Private Money
Hard Money
Residential Bridge
Residential Fix and Flip
Residential Rehab and Rent
Residential Long-Term Rental

Specialty Loan Types

Primary Residence Bridge
Primary Residence Business Purpose Cash Out
Residential Non-Prime

Purchase Loan

Max Loan-To-Purchase Price

80%

Borrower Must Have Property Under Contract

Will Provide Proof of Funds Letter

yes

Will Consider Lending on Purchase from Auction

yes

Allowed Source of Borrower’s Equity

Own Cash
Partner
Equity in Subject Property
Family

Rehab Value Add Loan

Experience Required

yes

Minimum Number of Value-Add Projects Completed by Borrower

Will Provide Funds for Renovation Costs

yes

Max LTC for Renovation Costs

100%

Interest Charged for Renovation Costs

Only on Funds Drawn

Typical Number of Days for Funds Draw

Maximum After Repair Value

75.00%

Residential Long-Term Rental

Minimum Loan Amount

$75,000

Maximum Loan Amount

$3,000,000

Minimum Interest Rate

Maximum Interest Rate

Minimum Origination Fee

1.00%

Maximum Origination Fee

3.00%

Minimum Loan Term

60 months

Maximum Loan Term

360 months

Maximum Loan-To-Value

75%

Maximum Loan-To-Purchase

85%

Minimum Debt Service Coverage Ratio

1.00

Will Lend on a Portfolio of Rentals

Minimum Property Value

$100,000

Maximum Property Value

$5,000,000

Details and Requirements

Typical Closing Time (Days)

Fastest Closing Time (Days)

Works With

Brokers
Borrowers

Payment Structure

Interest Only
Amortized
Interest Reserve
No Monthly Payments Required

Pre Payment Penalty

yes

Only applies to long-term rental loans which have a 2-year minimum.

Will lend to a foreign national

yes

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

Individual(s)
LLC
Trust
Corporation

Documentation Required

Credit Report
Loan Application

Personal Guaranty (Recourse) Required

Always

Credit Check Required

yes

Minimum Credit Score Required

640

Appraisal Required for Residential Property

Sometimes

Broker Price Opinion (BPO) Accepted for Residential Property

Sometimes

Fees

Underwriting Fee

$995.00 to $995.00

Processing Fee

Legal Disclaimer

NMLS ID 93735, Florida: MLD94, Maryland: 18412, Washington: MB-93735, Oregon: ML-4808, Arizona: BK-0912684, CA DRE Broker Lic. 1844643, Pursuant to California Financing Law License Number 603G668, Colorado: 100024134, Virginia: MC-5775, FHA Lender ID: 2789700001

Over $1 Billion in Loans Funded

American Heritage Lending, Inc. has been lending for over 10 years. We have experience in all facets of real estate lending. We understand the complexities of serving this niche market. We are all encompassing with direct involvement from loan submission to funding. We bring a simple, unparalleled, common-sense approach to underwriting lands; making American Heritage Lending, Inc. the only sensible choice. We’ve We have strong relationships in the market and a cohesive management team. We understand that we are only as good as our last loan.

Our Licenses:

California DRE Broker License 1844643
California Financing Law License 603G668
NMLS ID 93735
Florida MLD94
Maryland 18412
Washington MB-93735
Oregon ML-4808
Arizona BK-0912684
Colorado 100024134
Virginia MC-5775
FHA Lender ID 2789700001

License

CA DRE Lic. 01844643, NMLS ID 93735

Company Size (Number of Employees)

8 Year Established

2008

Office Locations

485 E 17th Street, Suite 220, Costa Mesa, California 92627

Primary Capital Source

Own Funds
Bank Credit Line
Hedge Funds

Alternative Capital Sources

Individual Investors

Loan Structure for Majority of Loans

Own Balance Sheet
Table Funding with Bank

Alternative Loan Structures

Own Balance Sheet

Percentage of company’s lending business focused on private mortgage

100%

Company’s Other Business Activities Besides Private Mortgage Lending

Residential Mortgage Banking

Percentage of Loans Secured by Commercial Property

Percentage of Loans Secured by Residential Property

95%

Percentage of Residential Property Loans Which are Fix and Flip

80%

Percentage of Residential Property Loans Which are Buy and Hold

10%

Percentage of Residential Property Loans Which are Owner-Occupied

Percentage of Residential Property Loans Which are Ground-Up Construction

10%

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

25%

Total Number of Loans Funded to Date

1000

Total Loan Volume Funded to Date

$1,000,000,000

2017 Number of Loans Funded

300

2017 Loan Volume Funded

$185,000,000

2018 Number of Loans Funded

200

2018 Loan Volume Funded

$210,000,000

2019 Number of Loans Funded

198

2019 Loan Volume Funded

$87,000,000

Justin Smith

CEO

License Information
CA DRE Broker License - 01453467
NMLS ID - 24860

David Orloff

CFO

License Information
CA DRE Broker License - 01206213
NMLS ID - 114997

03:04

Loan Request

Deal Name *

Short Description of your Loan Request or Property Address

First Name *

Last Name *

Company

Email *

Phone

Company Phone

Your Location

This information is about yourself, not the subject property.

Country *

State

Province

Country *

State/Province

City *

What is your primary role in this loan request? *

Specify Your Role

Requested Loan Amount *

Loan-to-Value

Preferred Loan Term *

months

Lien Position *

Collateral Type *

Will the loan be collateralized by multiple properties? *

Fill out the form for one of the properties

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

Exit Strategy *

how will the loan be paid off?

Exit Strategy Details *

Subject Property Address

Subject Property City *

Subject Property State *

Subject Property Zip Code

APN Parcel ID Number(s)

Lot Size

acres

Subject Property Photos

Add links to photos here.

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1

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Will additional properties be collateralized? *

Additional Properties

Address