CLE Capital Partners is a boutique lender. We have a reputation for finding creative ways to make loans work. We are equity driven but want to be certain that there is a viable exit for our loans.

600+ FICO scores are preferred. No current Bankruptcy or Foreclosure, please.

Up to 90% of purchase and 75% of the ARV with 100% of rehab/construction

Loan Amounts
$75,000 to $2,000,000
Interest Rates
8.75% to 11.75%
Loan Terms
6 months to 24 months
Origination Fees
0% to 4%
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
  • Value Add Project
Property Occupancy
  • Vacant
  • Tenant Occupied 100%

Property Types

  • 2-4 Units Residential
  • Assisted Living Facility
  • Multifamily
  • Single Family Residence
  • Student Housing

Loan Types

  • Private Money
  • Hard Money
  • Residential Fix and Flip
  • Residential Rehab and Rent

Specialty Loan Types

  • Residential Non-Prime

Max Loan-to-Purchase Price

90%

Borrower Must Have Property Under Contract

no

Will Provide Proof of Funds Letter

yes

Will Consider Lending on Purchase from Auction

no

Allowed Source of Borrower’s Equity

  • Own Cash
  • Partner
  • Equity in Subject Property
  • Equity in Another Investment Property
  • Seller Financing
  • Family

Experience Required

yes

Minimum Number of Value-Add Projects Completed by Borrower

2

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

Processing Fee

$500

Inspection Fee

$150

Credit Report Fee

$55

Minimum Origination Fee Amount

$1,500

Fees which are mandatory for all new borrower clients

  • Underwriting Fee
  • Processing Fee
  • Credit Report Fee

Fees which are paid to a third party company

  • Appraisal Fee
  • Escrow Fee
  • Title Fee

Details and Requirements

Typical Closing Time (Days)

10

Fastest Closing Time (Days)

2

Payment Structure
  • Amortized
  • Interest Reserve
  • No Monthly Payments Required
Payment Structure Details

40 year amortization

Pre Payment Penalty

no

Will lend to a foreign national

yes

Proof of Legal USA Resident Status
Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage

yes

Will Consider Collateralizing Multiple Properties in One Loan

yes

Will Consider Equity Joint Venture

no

Borrower Entity Types Considered
  • Individual(s)
  • LLC
  • Limited Partnership
  • Trust
  • Corporation
  • Self-Directed IRA
Documentation Required
  • Credit Report
  • Bank Statements
  • Loan Application
Personal Guaranty (Recourse) Required
Sometimes
Credit Check Required

no

Appraisal Required for Residential Property

Always Before Funding

Broker Price Opinion (BPO) Accepted for Residential Property

Never

Legal Disclaimer

Additional fees maybe charged as a result of lender's due diligence process. All are disclosed prior to incurring a charge. Appraisal fees are typically paid directly to the appraiser at the time of inspection.

Get In Touch

CLE Capital Partners 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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CLE Capital Partners is a private investment firm making business purpose loans secured by realty located in  California.

We are a boutique lender serving the real estate investor community. We lend up to 90% of the purchase price, 100% of the construction, up to 75% of the finished value. Rates start at 8.75% for a six month term. Longer loan terms are available up to eighteen months.

Although this fund was only created in 2013, the manager also manages De Witte Mortgage Investors Fund, founded in 2004. Each manager has over 25 years experience in private money lending.

If you are looking for creativity, flexibility, and want to work with the best private lender in California, contact our office for a quick lending decision.

License

CA DRE Lic. 01884973

Year Established

2013

Associations

  • Better Business Bureau - Member

Office Locations

Headquarters
8 East Figueroa Street, Santa Barbara, California 93101

Primary Capital Source
  • Own Funds
  • Debt Fund We Manage
  • Individual Investors
  • Bank Credit Line
Alternative Capital Sources
  • Own Funds
  • Debt Fund We Manage
Loan Structure for Majority of Loans
  • Own Balance Sheet
Percentage of Loans Secured by Residential Property

100%

Our Team

Peter de Witte

Fund Manager

Christopher Powell

Manager

CA DRE Broker - 01188912

Get In Touch

CLE Capital Partners 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

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