At Pivotal Capital Group, we provide loans for residential fix & flip, ground-up construction, rental rehab or bridge financing for properties in California only. Our team of professionals care about creating long-lasting relationships with borrowers and our mission is to provide a quick and smooth loan process from submittal to payoff. We strive to build long-term relationships with our borrowers.

Pivotal is a direct private lender, with deep institutional capital resources, not a fund or a broker. We hold and service all loans internally. We know that making a deal happen means responding quickly, and we do. We quote quickly, we close quickly, and we deliver-repeatedly for several loan types:

  • Fix & Flip
    • Loan to Purchase or As-Is Value: Up to 90%
    • Loan to After Repair or Completed Value: Up to 80%
    • Rehab Financing: Up to 100% of Rehab Budget
  • Ground-Up Construction (must be shovel ready)
    • Loan to Purchase or As-Is Value: Up to 75%
    • Loan to After Repair or Completed Value: Up to 75%
    • Rehab Financing: Up to 75% of Total Project Budget, Including Financing
  • Bridge (Acquisition or Cash-Out Refinance)
    • Loan to Purchase or As-Is Value: Up to 75%
    • Loan to After Repair or Completed Value: Up to 75%
  • Rental Rehab
    • Loan to Purchase or As-Is Value: Up to 80%
    • Loan to After Repair or Completed Value: Up to 8%
    • Rehab Financing: Up to 100% of Rehab Budget

Property Geographic Area Details

Primary Markets throughout California

Loan Amounts

$150,000 to $20,000,000

Interest Rates

5.99% to 11%

Max Loan-To-Value

80%

Max Loan-To-Cost

90%

Origination Fees

1% to 2.5%

Loan Terms

3 months to 24 months

Lien Position

  • 1st

Loan Purpose

  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property
  • Value Add Project
  • Development Project

Property Occupancy

  • Vacant
  • Tenant Occupied 100%

Property Types and Loan Types

Collateral Types

  • Residential Property

Property Types

  • 2-4 Units Residential
  • Single Family Residence

Loan Types

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

Purchase Loan

Max Loan-To-Purchase Price

90%

Borrower Must Have Property Under Contract

yes

Will Provide Proof of Funds Letter

no

Will Consider Lending on Purchase from Auction

no

Allowed Source of Borrower’s Equity

  • Own Cash
  • Partner

Rehab Value Add Loan

Experience Required

yes

Minimum Number of Value-Add Projects Completed by Borrower

2

Will Provide Funds for Renovation Costs

yes

Max LTC for Renovation Costs

100%

Interest Charged for Renovation Costs

Entire Amount of Total Project Costs

Typical Number of Days for Funds Draw

5

Construction Loan

Development Experience Required

yes

Minimum Number of Ground-Up Construction Projects Completed by Borrower

2

Max LTC for Ground-Up Construction Costs

75%

Interest Charged for Construction Costs

Entire Amount of Total Project Costs

Will Lend on Partially Completed Construction Projects

yes

Details and Requirements

Typical Closing Time (Days)

10

Fastest Closing Time (Days)

5

Works With

  • Brokers
  • Borrowers

Payment Structure

  • Interest Only
  • Interest Reserve

Payment Structure Details

Ground-Up Construction Loans will have an interest reserve, all other loan types are interest-only paid monthly

Pre Payment Penalty

no

Will lend to a foreign national

no

Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage

no

Will Consider Collateralizing Multiple Properties in One Loan

no

Will Consider Equity Joint Venture

no

Borrower Entity Types Considered

  • Individual(s)
  • LLC
  • Limited Partnership
  • Trust
  • Corporation

Documentation Required

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

Personal Guaranty (Recourse) Required

Sometimes

Credit Check Required

yes

Credit Check Description

No Minimum FICO Requirements

Appraisal Required for Residential Property

Never

Broker Price Opinion (BPO) Accepted for Residential Property

Never

Fees

Documents Fee

Pivotal Capital Group is deeply rooted in real estate lending with our success built on the extensive experience of its two principals – Brad Rust and Joe Gigliello. Together they have been financing real estate for over 50 years and are passionate about helping real estate investors succeed.

Pivotal Capital Group II, LLC is Licensed by the Department of Business Oversight. California Finance Lender Law License #603L220.

 

License

CFL #603L220

Year Established

2011

Office Locations

111 Corporate Drive, Suite 270, Ladera Ranch, California 92694

Primary Capital Source

  • Single Capital Partner

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 Residential Property

100%

Percentage of Residential Property Loans Which are Fix and Flip

75%

Percentage of Residential Property Loans Which are Ground-Up Construction

25%

Total Number of Loans Funded to Date

2000

Total Loan Volume Funded to Date

$1,000,000,000

Brad Rust

Co-President

Brad brings more than 20 years of diverse real estate finance and lending experience to his role as Co-President of Pivotal. Brad’s expertise is in both institutional and private lending. Prior to forming Pivotal, Brad served as business development officer for a Denver-based private real estate lender. During his career, he also served as a relationship manager with GMAC ResCap, and a senior analyst and investment officer at Heller Financial in Chicago, IL.

Joe Gigliello

Co-President

Joe has been active in real estate finance and lending for more than 25 years. Co-President of Pivotal, Joe’s expertise spans a variety of industry sectors, including joint venture financing, A&D and construction lending, as well as mezzanine lending. Prior to forming Pivotal, Joe served as managing director for GMAC ResCap. He also served as both a loan officer and project manager for Prudential Home Building Investors and several other private lenders throughout his career.

Loan Request

Short Description of your Loan Request or Property Address

This information is about yourself, not the subject property.

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how will the loan be paid off?

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