Red Rock Capital makes loans that most other companies can’t or won’t on 1-4 unit residential investment real estate. Our seasoned professional provide timely responses and realistic loan offers for investment real estate owners around the country. We specialize in renovation, new construction, and bridge loans in 41 states. We are a direct fund that manages loan servicing for all our borrowers. We are flexible, creative, knowledgeable, and fast at executing on your transaction.

Fix and Flip Loans
Max 90% Loan to Cost, up to 70% of the ARV

Bridge Loans
Max 75% of the as-is value (purchase and rate/term refinance)
Max 65% of as-is value for cash-out refi

Ground-Up Construction Loans
Max 75% of total construction costs

 

 

Loan Amounts

$75,000 to $3,000,000

Interest Rates

10% to 18%

Max Loan-To-Value

75.00%

Max Loan-To-Cost

90.00%

Origination Fees

2% to 5%

Loan Terms

6 months to 36 months

Lien Position

  • 1st

Loan Purpose

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

Property Occupancy

  • Vacant
  • Tenant Occupied 100%

Property Geographic Area Details

Nationwide with a 50K or greater population center, except in the following states: CA, AZ, NV, ND, SD, MN, VT, UT, OR

Property Types and Loan Types

Collateral Types

  • Residential Property

Property Types

  • 2-4 Units Residential
  • Condominium
  • 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 LTC on Purchase Price

90.00%

Borrower Must Have Property Under Contract

yes

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
  • Seller Financing
  • Family

Rehab Value Add Loan

Experience Required

yes

Minimum Number of Value-Add Projects Completed by Borrower

1

Will Provide Funds for Renovation Costs

yes

Max LTC for Renovation Costs

90.00%

Interest Charged for Renovation Costs

Entire Amount of Total Project Costs

Typical Number of Days for Funds Draw

4

Construction Loan

Development Experience Required

yes

Minimum Number of Ground-Up Construction Projects Completed by Borrower

3

Max LTC for Ground-Up Construction Costs

75.00%

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)

15

Fastest Closing Time (Days)

6

Works With

  • Brokers
  • Borrowers

Payment Structure

  • Interest Only
  • Interest Reserve

Pre Payment Penalty

yes

6 months minimum interest

Will lend to a foreign national

yes

Borrower must be a valid US entity- signer must have a green card or have a student visa or work visa so they can be in the country at least for the duration of our loan

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

  • LLC
  • Limited Partnership
  • Trust
  • Corporation
  • Self-Directed IRA

Documentation Required

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

Personal Guaranty (Recourse) Required

Sometimes

Credit Check Required

yes

Appraisal Required for Residential Property

Always Before Funding

Broker Price Opinion (BPO) Accepted for Residential Property

Sometimes

Fees

Site Visit Fee

$600.00 to $1,500.00

For appraisal reports and property budget reports

Underwriting Fee

$600.00 to $600.00

Processing Fee

$400

Legal Fee

$1,000-$1,200

Credit Report Fee

Renovation Construction Draw Fee

Red Rock Capital provides financing to real estate investors around the country on 1-4 unit investment properties and select commercial properties. We source new loan opportunities, underwrite, fund, and manage loan servicing on each loan.

Are you a borrower or broker? Contact us today for friendly, fast, and knowledgeable service for your next real estate financing project. Let us help take the guesswork out of obtaining the financing you need.

Established

2003

Office Locations

2139 Chuckwagon Road, Colorado Springs, CO, 80919

Primary Capital Source

  • Debt Fund We Manage
  • Individual Investors
  • Family Offices
  • Single Capital Partner

Percentage of company’s lending business focused on private mortgage

100%

Percentage of Loans Secured by Commercial Property

0%

Percentage of Loans Secured by Residential Property

100%

Percentage of Residential Property Loans Which are Fix and Flip

0%

Percentage of Residential Property Loans Which are Buy and Hold

0%

Percentage of Residential Property Loans Which are Owner-Occupied

0%

Percentage of Loans Secured by Land

0%

Percentage of Loans Secured by a Business (not real estate)

0%

Loan Request

This information is about yourself, not the subject property.

$
%
months

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?

acres
Image
1
Add
1
acres
Add

documents, photos, etc.

Attachment
1

File name:

File size:

Add