BORROW WITH EASE AND SPEED

If you’re looking for a private money loan, we’re here to help. Precision Capital strives to provide a fast, easy loan. We can help even if you or your property are not ideal traditional loan candidates, whether it’s because of credit or property condition.

  • NO Appraisals for Most Residential Properties
  • Commercial Land Development
  • Cross-Collateral
  • 100% Seller Carry Allowed
  • Construction Cashout OK

Having helped thousands of borrowers over several decades, we know that not all borrowers are created equal. Sometimes you’re rebuilding your credit, a house is in poor condition or just needs a hefty dose of TLC. No matter your situation, we’re in the business of “yes.” We love helping people flip and develop properties by providing fast, easy loans in as little as three days.

Please note: We do NOT offer loans for owner-occupied homes.

Property Geographic Area Details
Preferred States: Nebraska, Oregon, Texas, Washington, Idaho (Commercial Only)
Loan Amounts
$25,000 to $5,000,000
Interest Rates
7.99% to 14.99%
Loan Terms
1 months to 36 months
Origination Fees
3% to 4%
Lien Position
1st, 2nd
Collateral Types
  • Residential Property
  • Commercial Property
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%
  • Tenant Occupied Partial
  • Owner Occupied Commercial

Maximum Leverage

Purchase Short-Term (no Value-Add):
Max LTP Residential: 90%
Max LTP Multifamily: 90%
Max LTP Commercial: 90%
Max LTP Land: 90%
Refinance Short-Term (no Cash Out)
Max LTV 1st Lien Residential: 70%
Max CLTV 2nd Lien Residential: 60%
Max LTV 1st Lien Multifamily: 70%
Max CLTV 2nd Lien Multifamily: 60%
Max LTV 1st Lien Commercial: 70%
Max CLTV 2nd Lien Commercial: 60%
Max LTV 1st Lien Land: 50%
Refinance & Cash Out Short-Term
Max LTV 1st Lien Residential: 65%
Max CLTV 2nd Lien Residential: 60%
Max LTV 1st Lien Multifamily: 65%
Max CLTV 2nd Lien Multifamily: 60%
Max LTV 1st Lien Commercial: 65%
Max CLTV 2nd Lien Commercial: 60%
Max LTV 1st Lien Land: 40%
Residential Fix & Flip
Max LTP: 70%
Max LTC: 100%
Max LTARV: 70%
Residential Rehab & Hold
Max LTP: 70%
Max LTC: 100%
Max LTARV: 70%
Multifamily Value-Add
Max LTP: 70%
Max LTC: 100%
Max LTARV: 70%
Commercial Value-Add
Max LTP: 70%
Max LTC: 100%
Max LTARV: 70%
Residential Construction
Max LTP Land: 70%
Max LTC: 100%
Max LTCV: 70%
Multifamily Construction
Max LTP Land: 70%
Max LTC: 100%
Max LTCV: 70%
Commercial Construction
Max LTP Land: 70%
Max LTC: 100%
Max LTCV: 70%

Property Types

  • 2-4 Units Residential
  • Adult Day Care
  • Assisted Living Facility
  • Auto Dealership
  • Auto Repair
  • Bed and Breakfast
  • Car Wash
  • Casino
  • Child Day Care
  • Church
  • Cinema
  • Club
  • Commercial Condominium
  • Commercial Land
  • Condominium
  • Equestrian
  • Event Center
  • Gas Station
  • Golf Course
  • Gym
  • Healthcare
  • Hospital
  • Hotel
  • Industrial
  • Manufactured Home
  • Mixed-Use
  • Mobile Home
  • Mobile Home Park
  • Motel
  • Multifamily
  • Night Club
  • Office
  • Parking Garage
  • 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
  • Theater
  • Vehicle Parking
  • Winery

Loan Types

  • Private Money
  • Hard Money
  • Commercial Bridge
  • Residential Bridge
  • Commercial Property Value Add
  • Residential Fix and Flip
  • Residential Rehab and Rent
  • Commercial Ground-Up Construction
  • Residential Ground-Up Construction
  • Mezzanine

Specialty Loan Types

  • Land Development
  • Line of Credit Single Property
  • Note Purchase
  • Residential Short-Term Rental
  • Subdivisions
  • Vacation Rental

Junior Lien Interest Rates

14.99% to 14.99%

Junior Lien Loan-to-Value

80%

Junior Lien Loan-to-Cost

100%

We Fund Junior Position Loans

Rarely

Junior Lien Types

  • Purchase
  • Refinance
  • Equity Cash Out

Description

Seller carry allowed, no prepayment penalty, appraisal required.

Land Types Considered

  • Residential Land
  • Multifamily Land
  • Industrial Land
  • Office Land
  • Retail Land
  • Hospitality Land

Will Consider Land That is NOT Entitled

no

Existing Land Improvements Required

  • Street Access
  • Electricity
  • Water

Max LTV for Land

50%

Max LTC for Land Acquisition

50%

Junior Lien Types

  • Purchase
  • Refinance
  • Equity Cash Out
50% LTAIV (not to exceed 90% of purchase price) to loan amounts of $100,000.

Max Loan-to-Purchase Price

50%

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
  • Equity in Subject Property
  • Equity in Another Investment Property
  • Equity in Primary Residence
  • Seller Financing
  • Family
We fund up to 70% of the purchase price and 100% of the renovation budget.

Experience Required

no

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

Only on Funds Drawn

Typical Number of Days for Funds Draw

15

Maximum After Repair Value

70.00%

Development Experience Required

no

Minimum Number of Ground-Up Construction Projects Completed by Borrower

0

Max LTC for Ground-Up Construction Costs

100%

Interest Charged for Construction Costs

Only on Funds Drawn

Will Lend on Partially Completed Construction Projects

yes

Multi-Purpose Lender Fee

Loan fees $1,245 for loans under $1,000,000. Loan fees $1,795 for loans over $1,000,000.

Extension Fee

1% for Extension fee (if applicable)

Renovation Construction Draw Fee

$400

Minimum Origination Fee Amount

$3,000

Fees which are mandatory for all new borrower clients

  • Multi-Purpose Lender Fee
  • Processing Fee
  • Documents Fee
  • Settlement Fee
  • Appraisal Fee
  • Inspection Fee
  • Escrow Fee
  • Title Fee
  • Extension Fee
  • Environmental Report Fee
  • Renovation or Construction Funds Draw Fee
  • Other Fee

Fees which are paid to a third party company

  • Settlement Fee
  • Appraisal Fee
  • Inspection Fee
  • Escrow Fee
  • Title Fee

Details and Requirements

Typical Closing Time (Days)

14

Fastest Closing Time (Days)

7

Payment Structure
  • Interest Only
  • Interest Reserve
Pre Payment Penalty

no

Will lend to a foreign national

no

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
  • Tax Returns
  • Bank Statements
  • Financial Statements
  • Loan Application
Personal Guaranty (Recourse) Required
Always
Credit Check Required

yes

Minimum Credit Score Required

620

Appraisal Required for Residential Property

Sometimes

Appraisal Required for Commercial Property

Always

Broker Price Opinion (BPO) Accepted for Residential Property

Sometimes

Broker Price Opinion (BPO) Accepted for Commercial Property

Sometimes

Additional Details

Rates, fees and programs are subject to change without notice. Other restrictions may apply.

Funded Deals

Precision Capital Testimonials

Get In Touch

Precision Capital pays us to be listed, so there is no fee to connect with them directly. Share your loan request, send a simple email, call, or visit their website.

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Precision Capital provides borrowers from all walks of life the opportunity to obtain private loans that are affordable and scalable for their business needs. We also offer investors the ability to diversify their portfolios by investing in Notes secured by Real Estate.

License

NMLS ID 199919, Oregon ML 380

Company Size (Number of Employees)

18

Year Established

2008

Associations

  • American Association of Private Lenders

Office Locations

4710 Village Plaza Loop, Ste. 100, Eugene, Oregon 97401





Primary Capital Source
  • Own Funds
  • Individual Investors
  • Private Equity Funds
Loan Structure for Majority of Loans
  • One Investor One Loan
  • Multiple Investor Fractionalized Note
  • Multiple Lender Participation
  • Table Funding with Bank
Percentage of Loans Secured by Commercial Property

35%

Percentage of Loans Secured by Residential Property

65%

Total Number of Loans Funded to Date

1899

Total Loan Volume Funded to Date

$500,463,409

Our Team

Mariska Crain

Director of Lending

Mariska F Crain - 1428370

Adam Strasdas

Account Executive

J. Adam Strasdas - 221403

Charlie Nute

Account Executive

Charlotte Kay Nute - 1687966

Pam Hoepfl

Director of Capital

Lorena Teer

Marketing Executive

Get In Touch

Precision Capital pays us to be listed, so there is no fee to connect. Share your loan request, send a simple email, call, or visit their website.

Stay Informed About Private Lending

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

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 Precision Capital 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

$25,000

What We Do

  • Commercial & residential Investment Property
  • Rehab & Ground-Up Construction
  • Bare Land Loans
  • Seller Carry Allowed
  • 2nd Mortgages up to 60% CLTV

Not Available

  • NO 100% Financing
  • NO Owner-Occupied Homes
  • NO Poor Credit under 620

Send an email to Precision Capital