Lantzman Lending provides direct financing through private real estate loans secured by non-owner occupied residential, commercial, industrial, and multi-family residential real estate. Lantzman Lending finances all types of real estate, which includes, fix and flip loans, construction loans, refinance loans, and commercial loans. It is very easy to apply for a loan and you will receive an answer usually within 24 hours. When considering your application we will primarily review the collateral to the loan. The strength of the deal is the main determining factor in the loan underwriting. However, we also review your ability to repay, credit-to-debt ratio, cash reserves, and your experience level. We provide these hard money loans in California, Texas and Nevada.

As a Borrower with Lantzman Lending, no matter the type of real estate, we have a loan product to fit your needs. Whether you hold Title in a company entity (LLC, Corp, Trust, etc.) or personal name, our team is experienced and ready to handle all transaction types. Being primarily asset based lenders allows us to require only a one page application to get started and return a quote usually within 24 hours. Brokers are encouraged to work with us and we value our relationships with them.

Property Geographic Area Details

California, Texas, Nevada

Loan Amounts

$50,000 to $3,000,000

Interest Rates

8.5% to 11.99%

Max Loan-To-Value

70.00%

Max Loan-To-Cost

85.00%

Origination Fees

1.5% to 4%

Loan Terms

6 months to 24 months

Lien Position

  • 1st

Loan Purpose

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

Property Occupancy

  • Vacant
  • Tenant Occupied 100%
  • Owner Occupied Commercial

Property Types and Loan Types

Collateral Types

  • Residential Property
  • Commercial Property

Property Types

  • 2-4 Units Residential
  • Assisted Living Facility
  • Car Wash
  • Commercial Condominium
  • Condominium
  • Gas Station
  • Industrial
  • Mixed-Use
  • Motel
  • Multifamily
  • Office
  • RV Park
  • Retail
  • Single Family Residence

Loan Types

  • Private Money
  • Hard Money
  • Residential Bridge
  • Residential Fix and Flip
  • Residential Rehab and Rent
  • Residential Ground-Up Construction

Specialty Loan Types

  • Line of Credit Single Property

Purchase Loan

Max Loan-To-Purchase Price

85.00%

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 Subject Property
  • Equity in Another Investment Property
  • Seller Financing
  • Family

Rehab Value Add Loan

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

100.00%

Interest Charged for Renovation Costs

Only on Funds Drawn

Typical Number of Days for Funds Draw

1

Construction Loan

Development Experience Required

yes

Minimum Number of Ground-Up Construction Projects Completed by Borrower

1

Max LTC for Ground-Up Construction Costs

100.00%

Interest Charged for Construction Costs

Only on Funds Drawn

Will Lend on Partially Completed Construction Projects

yes

Details and Requirements

Typical Closing Time (Days)

10

Fastest Closing Time (Days)

3

Works With

  • Brokers
  • Borrowers

Payment Structure

  • Interest Only
  • Amortized
  • Interest Reserve

Pre Payment Penalty

no

Will lend to a foreign national

yes

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

  • Tax Returns
  • Bank Statements
  • Financial Statements
  • Loan Application

Personal Guaranty (Recourse) Required

Sometimes

Credit Check Required

no

Appraisal Required for Residential Property

Sometimes

Appraisal Required for Commercial Property

Sometimes

Broker Price Opinion (BPO) Accepted for Residential Property

Sometimes

Broker Price Opinion (BPO) Accepted for Commercial Property

Sometimes

Fees

Documents Fee

$600

Fees which are mandatory for all new borrower clients

  • Documents Fee

Additional Details

Loans made or arranged outside of California must be represented by a Mortgage Broker qualified to do business in that State.

Lantzman Lending  is a direct private money lender that provides financing through loans secured by non-owner occupied residential, commercial, industrial, and multi-family residential real estate.

With more than 50 years of combined experience, the officers of  Lantzman Lending have organized operations around sound business practices, integrity, efficiency, and practical approaches to real estate lending.  Lantzman Lending prides itself in being able to provide financing to a wide variety of real estate investors by creatively tailoring loan programs around the needs of a particular borrower.  As a direct lender, we have the flexibility to accommodate most scenarios with the intent of ensuring the success of the borrower.

License

CA DRE #01522724, CFL #603E104, NMLS #1578116, MLD #4649 and 4615

Year Established

2008

Office Locations

Main Office
11696 Sorrento Valley Road, Suite 201, San Diego, California 92121

Nevada Office
6671 S. Las Vegas Boulevard, Suite 210, #228, Las Vegas, Nevada 89119

Primary Capital Source

  • Debt Fund We Manage

Alternative Capital Sources

  • Own Funds

Loan Structure for Majority of Loans

  • Own Balance Sheet

Percentage of company’s lending business focused on private mortgage

100%

Percentage of Loans Secured by Commercial Property

20%

Percentage of Loans Secured by Residential Property

80%

Percentage of Residential Property Loans Which are Fix and Flip

80%

Percentage of Residential Property Loans Which are Buy and Hold

20%

Joel Armstrong

Vice President

Joel Armstrong Vice President of Lantzman Lending. He has been involved in real estate finance, brokerage, investment and development since 2001. He received his B.A. in Business Adminstration from the University of San Diego. He has a firm understanding of the private finance arena, a strong network of borrowers and an ethical approach to the lending industry.

License Information
NMLS - 383660

Completed Transactions

Lantzman Lending

Private Loan Funding
Sacramento, CA
$355,000
Single Family Residence

Residential Fix and Flip

Lantzman Lending

Private Loan Funding
San Bernardino, CA
$320,000
2-4 Units Residential

Residential Ground-Up Construction

Lantzman Lending

Private Loan Funding
San Diego, CA
$375,000
Single Family Residence

Residential Fix and Flip

Lantzman Lending

Private Loan Funding
San Clemente, CA
$900,000
Residential Land

Residential Ground-Up Construction

Lantzman Lending

Private Loan Funding
Venice Beach, CA
$2,385,000
2-4 Units Residential

Residential Ground-Up Construction

I have been working with Lantzman Lending for years now! You feel like part of the team when working with this company. You know everyone you are working with and they always make you feel comfortable and appreciated as a Borrower.

Alex H.

Investor

A Very Broker friendly Lender with competitive pricing and unparalleled Integrity. These guys are the absolute best!

Dennis S.

Loan Officer

I refer all my Investors to Lantzman. They make my job as a Real Estate Agent much easier knowing that the money will always be there at closing. Thank you!

Melissa R.

Realtor

They truly are an investors dream come true. I filled out an application, received a quote within 24 hours and they handled the rest. The whole process was quick and efficient. I will definitely work with them again!

Michael B.

Developer

I have been in the Fix and Flip business now for 15 years. Lantzman Lending has been by far the best Lender to work with. They always are available and do exactly as they promise.

Robert L.

Investor

I used Lantzman Lending for a construction loan last year. The quick approval process and timely releases of construction draws kept my project on schedule. Thanks Lantzman Lending!

Fabio R.

Homebuilder

Loan Request

Short Description of your Loan Request or Property Address

This information is about yourself, not the subject property.

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(temp use, storage, billboard, parking, etc.)

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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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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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