CLE Capital Partners
Santa Barbara, California
CA DRE Lic. 01884973
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
Interest Rates
Loan Terms
Origination Fees
Lien Position
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
noWill Provide Proof of Funds Letter
yesWill Consider Lending on Purchase from Auction
noAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Subject Property
- Equity in Another Investment Property
- Seller Financing
- Family
Experience Required
yesMinimum Number of Value-Add Projects Completed by Borrower
2Will Provide Funds for Renovation Costs
yesMax LTC for Renovation Costs
100%Interest Charged for Renovation Costs
Only on Funds DrawnTypical Number of Days for Funds Draw
3Processing 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
Contact CLE Capital Partners
Stay Informed About Private Lending
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.
Associations
- Better Business Bureau - Member
Office Locations
Headquarters8 East Figueroa Street, Santa Barbara, California 93101
Our Team
Peter de Witte
Fund Manager
Christopher Powell
Manager
CA DRE Broker - 01188912
Contact CLE Capital Partners
Stay Informed About Private Lending
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