Greenbriar Holdings is a hard money lender for real estate investors in Sacramento. We are very fast and easy to work with. Greenbriar is a direct lender so there is no waiting for investors or requirement of third party approval. Our loans do not have any prepayment penalties, junk fees or interest guarantee. We don’t require appraisals for most of the loans we fund.

We are most aggressive on LTV with flip and other short term transactions (6 month term). 80% LTV in good areas with a good purchase price. Less in bad areas or if overpaying. We are least aggressive on LTV with longer term deals (24 month term). On long term deals, expect 65% LTV in good areas and less in bad areas. Typical time to make loan documents once we have everything from the borrower and title company is the next business day.

Loan Amounts

$30,000 to $1,000,000

Interest Rates

9.99% to 9.99%

Max Loan-To-Value

70.00%

Max Loan-To-Cost

80.00%

Origination Fees

2.5% to 2.5%

Loan Terms

6 months to 24 months

Lien Position

  • 1st
  • 2nd

Loan Purpose

  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property
  • Use Equity to Invest in Another Property
  • Value Add Project

Property Occupancy

  • Vacant
  • Tenant Occupied 100%
  • Tenant Occupied Partial
Minimum Occupancy Percentage

0%

Property Geographic Area Details

Greater Sacramento Metro Area including Lake Tahoe, Placer, El Dorado, Yolo County, Stockton

Property Types and Loan Types

Collateral Types

  • Residential Property

Property Types

  • 2-4 Units Residential
  • Bed and Breakfast
  • Car Wash
  • Child Day Care
  • Commercial Land
  • Condominium
  • Multifamily
  • Office
  • Parking Lot
  • Portfolio of Commercial Properties
  • Portfolio of Residential Properties
  • Residential Land
  • Senior Housing
  • Single Family Residence
  • Storage Facility

Loan Types

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

Specialty Loan Types

  • 2nd Mortgage Equity Cash Out

Junior Liens

Junior Lien Loan Amounts

$30,000.00 to $150,000.00

Junior Lien Interest Rates

11.99% to 11.99%

Junior Lien Loan-to-Value

70.00%

Junior Lien Loan-to-Cost

0%

Junior Lien Origination Fees

3.00% to 3.00%

We Fund Junior Position Loans

Rarely

Junior Lien Types

  • Refinance
  • Equity Cash Out
Yes, we can make 2nd position liens. These are case-by-case pricing and LTV. We typically like to keep these loan amounts less than $100,000 unless there is an extreme amount of equity.

Land Loan

Land Types Considered

  • Residential Land
  • Multifamily Land
  • Industrial Land
  • Office Land
  • Retail Land
  • Hospitality Land
  • Agricultural Land
  • Special Purpose Land

Will Consider Land That is NOT Entitled

no

Max LTV for Land

50.00%

Max LTC for Land Acquisition

50.00%

Purchase Loan

Max Loan-To-Purchase Price

80.00%

Borrower Must Have Property Under Contract

yes

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 Another Investment Property

Rehab Value Add Loan

Experience Required

no

Minimum Number of Value-Add Projects Completed by Borrower

0

Will Provide Funds for Renovation Costs

yes

Max LTC for Renovation Costs

70.00%

Interest Charged for Renovation Costs

Entire Amount of Total Project Costs

Typical Number of Days for Funds Draw

0

Details and Requirements

Typical Closing Time (Days)

10

Fastest Closing Time (Days)

3

Works With

  • Brokers
  • Borrowers

Payment Structure

  • Interest Only

Pre Payment Penalty

no

Will lend to a foreign national

yes

Any, maybe an LTV adjustment

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
  • Non-Profit Corporation
  • Self-Directed IRA

Documentation Required

  • Credit Report
  • Loan Application

Personal Guaranty (Recourse) Required

Always

Credit Check Required

yes

Minimum Credit Score Required

1

Credit Check Description

Credit is a formality. We mostly look at OFAC and public records on the credit report, not the score.

Appraisal Required for Residential Property

Never

Broker Price Opinion (BPO) Accepted for Residential Property

Never

Fees

Minimum Origination Fee Amount

$2,495

Additional Details

2.5% loan fee or 2,495.00, whichever is more. No other fees, no prepay penalty, no junk fees, no guaranteed interest. We are super fast, try me!

License

CalBRE Broker #01899277

Established

2011

Office Locations

3297 Rock Creek Way, Roseville, California, 95747

Primary Capital Source

  • Own Funds

Alternative Capital Sources

  • Own Funds
  • Fund to Fund

Loan Structure for Majority of Loans

  • Own Balance Sheet
  • One Investor One Loan

Alternative Loan Structures

  • Own Balance Sheet
  • One Investor One Loan

Percentage of company’s lending business focused on private mortgage

100%

Percentage of Loans Secured by Commercial Property

10%

Percentage of Loans Secured by Residential Property

90%

Percentage of Residential Property Loans Which are Fix and Flip

60%

Percentage of Residential Property Loans Which are Buy and Hold

40%

Percentage of Residential Property Loans Which are Owner-Occupied

0%

Percentage of Loans Secured by Land

10%

Percentage of Loans Secured by a Business (not real estate)

0%

Percentage of Commercial Property Loans Which are Ground-Up Construction

0%

Percentage of Residential Property Loans Which are Ground-Up Construction

0%

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

0%

Total Number of Loans Funded to Date

300

Total Loan Volume Funded to Date

$35,000,000

2017 Number of Loans Funded

70

2017 Loan Volume Funded

$13,000,000

Craig Cox

President

Craig began his mortgage lending career in the subprime boom in the early 2000’s and originated his first private money loan is 2005. Since that time we have self-funded over 200 loans. Our real estate experience can help you not only with your loan, but possibly other avenues. We pride ourselves in being the fastest and most responsive lender in the Sacramento area. We are very transparent and committed to an excellent customer experience.

License Information
CalBRE - 01884300

Loan Request

Short Description of your Loan Request or Property Address

This information is about yourself, not the subject property.

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If Borrower is not seeking additional funds for the renovation, change the Loan Type to Purchase or Acquisition.

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how will the loan be paid off?

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