DML Capital
Woodland Hills, California
CA DRE Lic. 2049878, CFL Lic. 60DBO-94303, NMLS ID 1644837
Small Balance Real Estate Bridge Loans
da Motta Leonard Capital (DML) is a direct private funder of 1st and 2nd trust deed loans on residential properties in WA and CA. With a 30+ year background in consumer mortgage banking, we are experts in residential loans under $1MM, and specialize in cash out, debt consolidation, owner-occupied business purpose, and rehabilitation loans.
We pride ourselves on finding flexible solutions to get your deal funded. We have an established fund of private capital and have complete decision making authority for each deal. This allows us to move quickly with transparent communication, so you don’t experience any delays and you get the answers you need quickly.
Owner-Occupied Business Purpose Loans
We lend on primary residence when funds are being used for business purposes. At least 80% of proceeds or payoff must be for business purpose and must be disbursed to applicable entities in escrow.
Senior Bridge Loans
Maximum LTV is 75%
Subordinate Loans
2nd lien position up to 75% CLTV
Property Geographic Area Details
Loan Amounts
Interest Rates
Loan Terms
Origination Fees
Lien Position
Property Types
- 2-4 Units Residential
- Condominium
- Mixed-Use
- Multifamily
- Portfolio of Residential Properties
- Single Family Residence
Loan Types
- Private Money
- Hard Money
- Commercial Bridge
- Residential Bridge
- Commercial Property Value Add
- Residential Fix and Flip
- Residential Rehab and Rent
- Commercial Ground-Up Construction
- Residential Ground-Up Construction
Specialty Loan Types
- 2nd Mortgage Equity Cash Out
- Residential Long-Term Rental
- Bankruptcy Resolution
- Foreclosure Bailout
- Primary Residence Bridge
- Primary Residence Business Purpose Cash Out
- Residential Non-Prime
- Transactional Funding
- Earnest Money Deposit
- Subdivisions
Junior Lien Loan Amounts
$50,000 to $400,000
Junior Lien Interest Rates
10.5% to 16%
Junior Lien Loan-to-Value
70%
Junior Lien Loan-to-Cost
85%
Junior Lien Origination Fees
2% to 5%
We Fund Junior Position Loans
Often
Junior Lien Types
- Purchase
- Refinance
- Equity Cash Out
Max Loan-to-Purchase Price
75%Borrower Must Have Property Under Contract
noWill Provide Proof of Funds Letter
noWill Consider Lending on Purchase from Auction
yesAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Subject Property
- Equity in Another Investment Property
- Equity in Primary Residence
- Seller Financing
- Gap Lender
- Family
Experience Required
noMinimum Number of Value-Add Projects Completed by Borrower
0Will Provide Funds for Renovation Costs
yesMax LTC for Renovation Costs
90%Interest Charged for Renovation Costs
Entire Amount of Total Project CostsTypical Number of Days for Funds Draw
7Maximum After Repair Value
75.00%Development Experience Required
yesMinimum Number of Ground-Up Construction Projects Completed by Borrower
5Max LTC for Ground-Up Construction Costs
74%Interest Charged for Construction Costs
Only on Funds DrawnWill Lend on Partially Completed Construction Projects
noProcessing Fee
$1,500 processing fee
Documents Fee
Typically a min doc fee of $600
Inspection Fee
paid by borrower to third party if required
Escrow Fee
paid by borrower to third party at closing
Title Fee
paid by borrower to third party at closing
Credit Report Fee
paid for by borrower at cost as a pass through cost
Background Check Fee
paid for by borrower at cost as a pass through cost if needed
Background Check Fee
paid for by borrower at cost as a pass through cost if needed
Extension Fee
Typically 1 point if extensions are built into the agreement
Appraisal Fee
to be paid by borrower at cost - pass through expense
Environmental Report Fee
paid by borrower to third party at closing if required
Minimum Origination Fee Amount
$5,000
Fees which are mandatory for all new borrower clients
- Underwriting Fee
- Processing Fee
- Documents Fee
- Appraisal Fee
- Background Check Fee
Fees which are paid to a third party company
- Appraisal Fee
- Inspection Fee
- Escrow Fee
- Title Fee
- Credit Report Fee
- Background Check Fee
- Environmental Report Fee
Get In Touch
Stay Informed About Private Lending
DML Capital is a direct lender who has 30+ years of industry experience. We are known in the industry for providing exemplary client service through our hands-on approach and work ethic. We find ways to make sure we can get your deal done according to your particular set of circumstances. We’d love the opportunity to be able to work with you!
Ronnie da Motta has particular experience as the owner and principal of an independent residential and commercial mortgage bank. He is an expert in real estate transactions from origination to servicing as he has overseen the funding of $5+ billion across all types of originations (Freddie, Fannie, Ginnie, Private Finance).
DML Capital, Inc. is licensed by the California Department of Real Estate and the California Department of Business Oversight.
- CA DRE Lic. 2049878
- NMLS ID 1644837
- CFL Lic. 60DBO 94303 / 60DBO-93987 / 60DBO-94302
Associations
- American Association of Private Lenders - Member
Office Locations
California Office | CFL Lic. 60DBO 943036723 Variel Ave., Woodland Hills, California 91303
Washington Office | CFL Lic. 60DBO-93987
24032 SE 21st St, Sammamish, Washington 98075
Our Team
Ronnie da Motta
Chief Operating Officer
CA DRE Broker Lic. - 01316922
Liam Leonard
Chief Executive Officer
CA DRE Lic. - 02066883
Aidan Leonard
Chief Strategy Officer
Funded Deals
DML Capital
Sherman Oaks, CA
$1,350,000
Purchase
DML Capital
Lynnwood, WA
$115,000
Equity Cash Out
DML Capital
Duvall, WA
$371,000
Equity Cash Out
DML Capital
Los Angeles, CA
$200,000
Equity Cash Out
DML Capital
Los Angeles, CA
$900,000
Refinance
Get In Touch
Stay Informed About Private Lending
Our Minimum Loan Amount Is
$50,000
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