Myers Capital
Honolulu, Hawaii
NMLS ID 1662480
Hawaii Direct Lender for Real Estate Investors
Myer’s Capital is a direct private lender offering short-term financing to real estate investors throughout the state of Hawaii. We have been in the mortgage business for 25+ years and although we’ve lent in other states, Hawaii is our home and primary lending market. We can fund deals that most private/hard money lenders on the mainland cannot do. We lend using a combination of our own funds and a mortgage fund which we manage.
- Lending Throughout Hawaii – all islands
- We will considers remote/rural areas
- We lend on Condotels
- On the Big Island, we consider property in Lava Zones 1 and 2
- Bridge Loans – purchase, refinance, equity cash out
- Rehab Fix & Flip or Fix-to-Rent Loans
- Residential Ground-Up Construction Loans
- Cross-Collateral Considered (multiple properties on one loan)
- Loan Terms up to 3 years
- Loan-to-Value ranging from 60% to 80%
- 2nd mortgages up to 65% LTV
- Land loans up to 60% LTV
- Commercial Real Estate bridge loans up to 70% LTV
Property Geographic Area Details
Loan Amounts
Interest Rates
Loan Terms
Origination Fees
Lien Position
Maximum Leverage
Purchase Short-Term (no Value-Add)
Refinance Short-Term (no Cash Out)
Refinance & Cash Out Short-Term
Residential Fix & Flip
Residential Rehab & Hold
Multifamily Value-Add
Commercial Value-Add
Residential Construction
Property Types
- 2-4 Units Residential
- Bed and Breakfast
- Car Wash
- Commercial Condominium
- Commercial Land
- Condominium
- Healthcare
- Industrial
- Mixed-Use
- Multifamily
- Office
- Parking Garage
- Parking Lot
- Portfolio of Commercial Properties
- Portfolio of Residential Properties
- Ranch
- Senior Housing
- Single Family Residence
- Storage Facility
- Student Housing
Loan Types
- Private Money
- Hard Money
- Residential Bridge
- Residential Fix and Flip
- Residential Rehab and Rent
- Residential Ground-Up Construction
- Multifamily Bridge
- Multifamily Rehab
- Commercial Bridge
- Commercial Property Value Add
Specialty Loan Types
- 2nd Mortgage Equity Cash Out
- Land Development
- Vacation Rental
Junior Lien Loan Amounts
$50,000 to $500,000
Junior Lien Interest Rates
12% to 15%
Junior Lien Loan-to-Value
70%
Junior Lien Origination Fees
2% to 5%
Junior Lien Types
- Purchase
- Refinance
- Equity Cash Out
Max Loan-to-Purchase Price
80%Borrower Must Have Property Under Contract
yesWill Provide Proof of Funds Letter
noWill Consider Lending on Purchase from Auction
noAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Another Investment Property
Experience Required
noMinimum Number of Value-Add Projects Completed by Borrower
0Will Provide Funds for Renovation Costs
yesMax LTC for Renovation Costs
100%Interest Charged for Renovation Costs
Entire Amount of Total Project CostsTypical Number of Days for Funds Draw
0Maximum After Repair Value
75%Underwriting Fee
$1,995 flat fee
Documents Fee
$399
Minimum Origination Fee Amount
$4,000
Fees which are mandatory for all new borrower clients
- Underwriting Fee
- Documents Fee
Contact Myers Capital
Stay Informed About Private Lending
Established in 1998, Myers Capital is an award winning, privately-owned residential and commercial mortgage banking company specializing in loans for investors including dscr, fix and flip, bridge, ground up construction and second mortgages.
Myers Capital also provides financing for commercial real estate, including raw land (Hawaii only), retail, industrial, mixed use, and multi-family. We specialize in working with business owners and real estate investors to assist with purchasing, renovating, or creatively restructuring their real estate debt.
Myers Capital has is affiliated with investment management company, Myers Investment Group LLC, which it coordinates with to fund investor bridge loans.
Office Locations
3569 Harding Avenue, Suite A, Honolulu, Hawaii 96816Contact Myers Capital
Stay Informed About Private Lending
