Private Mortgage Lender for California Real Estate Investors

Private Mortgage Fund is a direct California private lender specializing in closing quickly. We are able to lend on any commercial or residential real estate that is an investment property. We can fund in under a week. All loans are interest only, with no prepay penalty, and no appraisals. If you have a loan scenario you would like us to review you can email or call us for a quote. All quotes are given within an hour and LOI’s can be issued the same day. PMF looks forward to assisting with your next loan.

  • No Pre-Payment Penalty
  • No Past Credit History Required
  • No Appraisals Needed
  • Will Lend to Foreign Investors
  • Will Lend to Corporations, LLC’s, Trusts
  • Brokers, Real Estate Agents, Portfolio Managers Welcome


Property Geographic Area Details

California Coastal Markets: LA, Orange County, San Diego, San Francisco Bay Area

Loan Amounts

$250,000 to $25,000,000

Interest Rates

7.75% to 9.99%

Max Loan-To-Value


Max Loan-To-Cost


Origination Fees

1% to 2.5%

Loan Terms

1 months to 24 months

Lien Position

  • 1st

Loan Purpose

  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property
  • Use Equity to Invest in Another Property
  • Business Working Capital
  • Value Add Project

Property Occupancy

  • Vacant
  • Tenant Occupied 100%
  • Tenant Occupied Partial
  • Owner Occupied Commercial
Minimum Occupancy Percentage


Property Types and Loan Types

Collateral Types

  • Residential Property
  • Commercial Property

Property Types

  • 2-4 Units Residential
  • Assisted Living Facility
  • Auto Dealership
  • Commercial Condominium
  • Commercial Land
  • Condominium
  • Gym
  • Healthcare
  • Hotel
  • Industrial
  • Mixed-Use
  • Motel
  • Multifamily
  • Office
  • Parking Lot
  • Portfolio of Commercial Properties
  • Portfolio of Residential Properties
  • Residential Land
  • Retail
  • Senior Housing
  • Single Family Residence
  • Storage Facility
  • Student Housing

Loan Types

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

Specialty Loan Types

  • Partner Buyout
  • Foreclosure Bailout

Land Loan

Land Types Considered

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

Will Consider Land That is NOT Entitled


Max LTV for Land


Max LTC for Land Acquisition


Purchase Loan

Max Loan-To-Purchase Price


Borrower Must Have Property Under Contract


Will Provide Proof of Funds Letter


Will Consider Lending on Purchase from Auction


Allowed Source of Borrower’s Equity

  • Own Cash
  • Partner
  • Equity in Another Investment Property
  • Seller Financing
  • Family

Details and Requirements

Typical Closing Time (Days)


Fastest Closing Time (Days)


Works With

  • Brokers
  • Borrowers

Payment Structure

  • Interest Only

Payment Structure Details

All loans are Interest Only

Pre Payment Penalty


Will lend to a foreign national


Must have US bank account

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


Will Consider Collateralizing Multiple Properties in One Loan


Will Consider Equity Joint Venture


Borrower Entity Types Considered

  • Individual(s)
  • LLC
  • Limited Partnership
  • Trust
  • Corporation
  • Non-Profit Corporation

Documentation Required

  • Loan Application

Personal Guaranty (Recourse) Required


Credit Check Required


Appraisal Required for Residential Property


Appraisal Required for Commercial Property


Broker Price Opinion (BPO) Accepted for Residential Property


Broker Price Opinion (BPO) Accepted for Commercial Property



Fees which are mandatory for all new borrower clients

  • Deposit

Fees which are charged upfront prior to loan closing

  • Deposit

Private Mortgage Fund LLC was formed in 2009 with the mission of providing fast and reliable debt to the real estate owner. Our loan programs offer flexibility of terms and a quick decision making process, regardless of how simple or complex the transaction may be. Unlike many other short term lenders, PMF funds its loans from cash on hand rather than syndicating loans to individuals or groups of investors. Our team of principals have over 75 years of combined experience in commercial and single family lending, brokerage, marketing and property management which enables us to understand transactions and act quickly. We are based in Calabasas, near Los Angeles, and we offer loans throughout California.

Private Mortgage Fund, LLC makes business-purpose loans pursuant to California Finance Lenders Law License #603H236.


CFL #603H236

Year Established



  • California Mortgage Association

Office Locations

23586 Calabasas Road, Suite 100, Calabasas, California 91302

Primary Capital Source

  • Debt Fund We Manage

Loan Structure for Majority of Loans

  • Own Balance Sheet

Percentage of company’s lending business focused on private mortgage


Elliott Kimmel

Loan Origination

License Information
CA DRE Broker Lic. - 01913368

Completed Transactions

Loan Request

Short Description of your Loan Request or Property Address

This information is about yourself, not the subject property.


At the end of the form you can enter the additional properties.

(temp use, storage, billboard, parking, etc.)


If Borrower is not seeking additional funds for the renovation, change the Loan Type to Purchase or Acquisition.


(temp use, storage, billboard, parking, etc.)


If Borrower is not seeking additional funds for the renovation, change the Loan Type to Purchase or Acquisition.


how will the loan be paid off?


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