Hard Money Loans for California Real Estate Investors

Mortgage Vintage maintains a simple business model and employs a common sense underwriting approach on each transaction. We lend based on collateral and ability to pay. We offer several loan types:

  • Investment Property Bridge Loan (purchase or refinance)
  • Rehab Loans – Fix & Flip or Fix & Rent
  • Business Purpose Cash Out (secured by investment or owner-occupied property)
  • Primary Residence Bridge Loan
  • Junior Liens (2nd mortgages)
  • Ground-Up Construction Loan
    • Single family residences
    • Accessory Dwelling Units (ADU)

Please note: We do NOT offer consumer-purpose refinance loans

Property Geographic Area Details
Southern California - LA, Orange County, San Diego, Inland Empire, Ventura, Santa Barbara, Bakersfield
Loan Amounts
$50,000 to $5,000,000
Interest Rates
7.99% to 15.00%
Loan Terms
12 months to 48 months
Origination Fees
2% to 4%
Lien Position
1st, 2nd
Collateral Types
  • Residential Property
  • Commercial Property
  • Commercial Property Ground Lease
Loan Purpose
  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property
  • Use Equity to Invest in Another Property
  • Invest in a Business
  • Business Working Capital
  • Value Add Project
  • Development Project
Property Occupancy
  • Vacant
  • Tenant Occupied 100%
  • Owner Occupied Commercial
  • Owner Occupied Residential

Maximum Leverage

Purchase Short-Term (no Value-Add)
Max LTP Residential: 75%
Max LTP Multifamily: 75%
Max LTP Commercial: 70%
Max LTP Land: 30%
Max CLTP Mezzanine: 70%
Refinance Short-Term (no Cash Out)
Max LTV 1st Lien Residential: 65%
Max CLTV 2nd Lien Residential: 65%
Max LTV 1st Lien Multifamily: 65%
Max CLTV 2nd Lien Multifamily: 65%
Max LTV 1st Lien Commercial: 60%
Max CLTV 2nd Lien Commercial: 60%
Max LTV 1st Lien Land: 30%
Refinance & Cash Out Short-Term
Max LTV 1st Lien Residential: 65%
Max CLTV 2nd Lien Residential: 65%
Max LTV 1st Lien Multifamily: 65%
Max LTV 1st Lien Commercial: 60%
Max CLTV 2nd Lien Commercial: 60%
Max LTV 1st Lien Land: 30%
Residential Fix & Flip
Max LTP: 70%
Max LTC: 70%
Max LTARV: 65%
Residential Rehab & Hold
Max LTP: 70%
Max LTC: 70%
Max LTARV: 65%
Multifamily Value-Add
Max LTP: 70%
Max LTC: 70%
Max LTARV: 65%
Commercial Value-Add
Max LTP: 65%
Max LTC: 65%
Max LTARV: 60%

Property Types

  • 2-4 Units Residential
  • Adult Day Care
  • Assisted Living Facility
  • Auto Dealership
  • Bed and Breakfast
  • Cannabis Dispensary
  • Cannabis Grow Facility
  • Casino
  • Child Day Care
  • Cinema
  • Club
  • Commercial Land
  • Community Center
  • Condominium
  • Covered Land
  • Gym
  • Hostel
  • Hotel
  • Industrial
  • Manufactured Home
  • Mixed-Use
  • Mobile Home
  • Mobile Home Park
  • Motel
  • Multifamily
  • Office
  • Parking Lot
  • Portfolio of Residential Properties
  • Ranch
  • Recreational
  • Residential Land
  • Retail
  • Senior Housing
  • Single Family Residence
  • Sports Facility
  • Storage Facility
  • Student Housing
  • Theater
  • Vehicle Parking
  • Winery

Loan Types

  • Private Money
  • Hard Money
  • Residential Bridge
  • Commercial Bridge

Specialty Loan Types

  • 2nd Mortgage Equity Cash Out
  • Bankruptcy Resolution
  • Cannabis Use Properties
  • Discounted Note Payoff
  • Foreclosure Bailout
  • Land Development
  • Note Purchase
  • Partner Buyout
  • Primary Residence Business Purpose Cash Out
  • Residential Long-Term Rental

Junior Lien Loan Amounts

$50,000 to $3,500,000

Junior Lien Interest Rates

10.00% to 14.00%

Junior Lien Loan-to-Value

65%

Junior Lien Loan-to-Cost

70%

Junior Lien Origination Fees

2% to 4%

We Fund Junior Position Loans

Often

Junior Lien Types

  • Purchase
  • Refinance
  • Equity Cash Out

Land Types Considered

  • Residential Land
  • Multifamily Land
  • Industrial Land
  • Office Land
  • Retail Land
  • Hospitality Land
  • Special Purpose Land
  • Cannabis Use Land

Will Consider Land That is NOT Entitled

yes

Max LTV for Land

35%

Max LTC for Land Acquisition

50%

Junior Lien Types

  • Purchase
  • Refinance
  • Equity Cash Out
We can fund up to 80% of the purchase price for rehab projects. For non-rehab loans, borrower's need a 30-35% cash down payment.

Max Loan-to-Purchase Price

80%

Borrower Must Have Property Under Contract

no

Will Provide Proof of Funds Letter

yes

Will Consider Lending on Purchase from Auction

yes

Allowed Source of Borrower’s Equity

  • Own Cash
  • Partner
  • Equity in Subject Property
  • Equity in Another Investment Property
  • Equity in Primary Residence
  • Seller Financing
  • Crowdfunding
  • Family

Inspection Fee

$395 to $495 per inspection for a rehab or construction loan

Details and Requirements

Typical Closing Time (Days)

7

Fastest Closing Time (Days)

1

Payment Structure
  • Interest Only
  • Amortized
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
  • Credit Report
  • Bank Statements
  • Loan Application
Personal Guaranty (Recourse) Required
Always
Credit Check Required

yes

Appraisal Required for Residential Property

Sometimes

Appraisal Required for Commercial Property

Always

Broker Price Opinion (BPO) Accepted for Residential Property

Always

Broker Price Opinion (BPO) Accepted for Commercial Property

Always

Contact Mortgage Vintage

Mortgage Vintage pays us to be listed, so there is no fee to connect with them directly.

Stay Informed About Private Lending

Receive our monthly newsletters with valuable insights and industry updates

Mortgage Vintage, Inc. is a fast and professional direct lender specializing in bridge loans for real estate investors and business purpose borrowers looking to capitalize on market opportunities.

Mortgage Vintage, Inc. connects people who want to invest money secured by Real Estate with real estate investors and business professionals who want to borrow money. Specifically we’re a Hard Money Lender placing private investment capital into well secured and well underwritten Trust Deed Investments. Our mission is to provide the highest quality Trust Deed Investment opportunities with first class service, communication and transparency

License

CA DRE Broker Lic. 01870605, NMLS ID 348836

Company Size (Number of Employees)

6

Year Established

2009

Associations

  • California Mortgage Association

Office Locations

260 Newport Center Drive, Newport Beach, California 92660

Primary Capital Source
  • Own Funds
  • Individual Investors
Alternative Capital Sources
  • Family Offices
  • Bank Credit Line
  • Crowdfunding
  • Friends & Family
Loan Structure for Majority of Loans
  • Own Balance Sheet
Percentage of Loans Secured by Commercial Property

10%

Percentage of Loans Secured by Residential Property

90%

Total Number of Loans Funded to Date

595

Total Loan Volume Funded to Date

$150,000,000

Our Team

Sandy MacDougall

President and Founder

CA DRE Broker Lic. - 01007035

Mayumi T. Bowers

Director of Operations

CA DRE Lic. - 01255527

Contact Mortgage Vintage

Mortgage Vintage pays us to be listed, so there is no fee to connect with them directly.

Stay Informed About Private Lending

Receive our monthly newsletters with valuable insights and industry updates
subscribe-illustration

Contact This Lender

Click to show phone number
949-632-6145 949-632-XXXX
Visit Website Send Email

Create a Loan Request

Be more efficient with your lender search. Provide the loan details once, save it, and then share it with multiple lenders.

Contact Mortgage Vintage 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.

BEFORE YOU CONTACT THIS LENDER

Our Minimum Loan Amount Is

$50,000

What We Do

  • Fast Hard Money Loans
  • Rehab and Construction Loans
  • 2nd Mortgages
  • Primary Residence Bridge

Not Available

  • NO Consumer-Purpose Refinances
  • NO Agricultural Properties

Send an email to Mortgage Vintage