Loan Mac, Inc.
Los Angeles, CA
CA DRE Broker Lic. 02116692
LoanMac was founded with an intention to do it differently. We’ve removed everything we didn’t like from the process and replaced it with everything that we want and expect from a modern lender. Here, you will find an experienced team and organization dedicated to providing you with the level of service you should expect and which puts you and your success first.
We offer a wide range of products, which are flexible enough to handle most of your commercial or residential needs.
Appraisals are not required for 75% of the loans we fund. We only require appraisals for complex CRE deals and some land loans.
Property Geographic Area Details
Loan Amounts
Interest Rates
Loan Terms
Origination Fees
Lien Position
Property Types
- 2-4 Units Residential
- Adult Day Care
- Agricultural
- Assisted Living Facility
- Auto Dealership
- Auto Repair
- Bed and Breakfast
- Cannabis Dispensary
- Cannabis Grow Facility
- Car Wash
- Child Day Care
- Club
- Commercial Condominium
- Commercial Land
- Community Center
- Condominium
- Cooperative
- Event Center
- Gas Station
- Gym
- Healthcare
- Hospital
- Hostel
- Hotel
- Industrial
- Manufactured Home
- Mixed-Use
- Mobile Home Park
- Motel
- Multifamily
- Night Club
- Office
- Parking Lot
- Place of Worship
- Portfolio of Commercial Properties
- Portfolio of Residential Properties
- RV Park
- Ranch
- Recreational
- Rehabilitation Facility
- Religious Facility
- Residential Land
- Retail
- School
- Senior Housing
- Single Family Residence
- Sports Facility
- Storage Facility
- Student Housing
- Vehicle Parking
- Winery
Loan Types
- Private Money
- Hard Money
- Commercial Bridge
- Residential Bridge
Specialty Loan Types
- 2nd Mortgage Equity Cash Out
- 3rd Mortgage Equity Cash Out
- Cannabis Use Properties
- Condo Conversion
- Foreclosure Bailout
- Land Development
- Partner Buyout
- Residential Long-Term Rental
- Reverse 1031 Exchange
Junior Lien Loan Amounts
$50,000 to $2,000,000
Junior Lien Interest Rates
8.99% to 10.99%
Junior Lien Loan-to-Value
70%
Junior Lien Loan-to-Cost
75%
Junior Lien Origination Fees
0.5% to 1.5%
We Fund Junior Position Loans
Often
Junior Lien Types
- Purchase
- Refinance
- Equity Cash Out
- Mezzanine
Agribusiness Types
- Cannabis
- Citrus Grove
Cannabis Use Properties
75% purchase, 65% refinanceWill Consider Cannabis Use Properties
yesMaximum LTV for Cannabis Use Properties
75%Cannabis Property Use Type
- Cultivation
- Retail Dispensary
- Retail Sales
- Manufacturing
- Processing
- Production
Description
Lower LTV for unentitled property
Land Types Considered
- Residential Land
- Multifamily Land
- Industrial Land
- Office Land
- Retail Land
- Hospitality Land
- Agricultural Land
- Special Purpose Land
- Cannabis Use Land
- Covered Land
Will Consider Land That is NOT Entitled
yesMax LTV for Land
55%Max LTC for Land Acquisition
55%Junior Lien Types
- Purchase
- Refinance
- Equity Cash Out
- Mezzanine
Max Loan-to-Purchase Price
80%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
- Equity in Primary Residence
- Seller Financing
- Family
Contact Loan Mac, Inc.
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Loan Mac was founded by a diverse group of professionals with backgrounds in law, finance, sales, and management. Whether you are a borrower, investor, or partner, we are committed to providing you with unparalleled service, expertise, transparency, and excellence.
Office Locations
Loan Mac, Inc.3680 Wilshire Blvd., Ste P04-1301, Los Angeles, CA 90010
Our Team
Josiah Puder
President
CA DRE Lic. - 02020855
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Create a Loan Request
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Contact Loan Mac, Inc. by whichever method you choose.
If you submit a loan request or email, it will be sent to the lender, and they will reply to you directly. A copy will be saved in our database. We will not share your information unless you ask us for recommendations.
Our Minimum Loan Amount Is
$100,000
What We Do
- Appraisal Not Required for 75% of Loans
- Residential Investment Properties
- Core & Specialty Commercial Real Estate
- Cannabis Use Properties
Not Available
- NO Ground-Up Construction
- NO Rehab Budget Offered
- NO 100% Financing