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%
Loan Terms
12 months to 360 months
Origination Fees
1% to 3%
Lien Position
1st
Collateral Types
  • Residential Property
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

Maximum Leverage

Purchase Short-Term (no Value-Add):
Max LTP Residential: 90%
Max LTP Multifamily: 70%
Max LTP Commercial: 70%
Purchase Long-Term
Max LTP Residential: 80%
Max LTP Multifamily: 70%
Refinance Short-Term (no Cash Out)
Max LTV 1st Lien Residential: 80%
Refinance & Cash Out Short-Term
Max LTV 1st Lien Residential: 75%
Refinance Long-Term
Max LTV Residential: 80%
Residential Fix & Flip
Max LTP: 90%
Max LTC: 100%
Max LTARV: 70%
Residential Rehab & Hold
Max LTP: 85%
Max LTC: 85%
Max LTARV: 70%
Residential Construction
Max LTP Land: 50%
Max LTC: 85%
Max LTCV: 65%

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

Max Loan-to-Purchase Price

80%

Borrower Must Have Property Under Contract

no

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

Experience Required

yes

Minimum Number of Value-Add Projects Completed by Borrower

1

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

3

Maximum After Repair Value

75.00%

Minimum Loan Amount

$75,000

Maximum Loan Amount

$3,000,000

Minimum Interest Rate

5%

Maximum Interest Rate

8%

Minimum Origination Fee

1.00%

Maximum Origination Fee

3.00%

Minimum Loan Term

60 months

Maximum Loan Term

360 months

Minimum Debt Service Coverage Ratio

1.00

Will Lend on a Portfolio of Rentals

No

Minimum Property Value

$100,000

Maximum Property Value

$5,000,000

Details and Requirements

Typical Closing Time (Days)

5

Fastest Closing Time (Days)

3

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

no

Will Consider Collateralizing Multiple Properties in One Loan

no

Will Consider Equity Joint Venture

no

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

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

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American Heritage Lending pays us to be listed, so there is no fee to connect. Share your loan request, send a simple email, call, or visit their website.

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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

19800 MacArthur Blvd. Suite 950, Irvine, California 92612

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
Percentage of Loans Secured by Commercial Property

5%

Percentage of Loans Secured by Residential Property

95%

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

Our Team

Justin Smith

CEO

CA DRE Broker License - 01453467
NMLS ID - 24860

David Orloff

CFO

CA DRE Broker License - 01206213
NMLS ID - 114997

Funded Deals

Get In Touch

American Heritage Lending pays us to be listed, so there is no fee to connect. Share your loan request, send a simple email, call, or visit their website.

Stay Informed About Private Lending

Receive our monthly newsletters with valuable insights and industry updates
subscribe-illustration
Before You Contact Us

Our Minimum Loan Amount Is

$100,000

What We Do

  • Residential & Multifamily Properties
  • Bridge, Rehab, Flip, Long-Term Rental
  • Lending to Experienced Investors
  • Up to 85% LTC for Fix & Flip Projects
  • 15%+ Cash Required for Flip Purchase

Not Available

  • NO Owner-Occupied Homes
  • NO 100% Financing
  • NO 2nd's or Gap Funding
  • NO Land Loans
  • NO Ground-Up Construction

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