Direct Lender Specializing in 2nd Mortgages

RTI Properties is a direct private lender providing bridge loans to real estate investors and developers. We offer fast approvals, competitive rates, and reliable service. We do not require appraisals, third party reports, and we have no prepayment penalties.

Please note: RTI does not consider land, owner-occupied homes, or construction loans.

Property Geographic Area Details
California, Arizona, Nevada, and Colorado
Loan Amounts
$150,000 to $20,000,000
Interest Rates
6.99% to 12.99%
Loan Terms
1 months to 12 months
Origination Fees
1% to 3%
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
  • Business Working Capital
  • Value Add Project
Property Occupancy
  • Vacant
  • Tenant Occupied 100%
  • Tenant Occupied Partial
  • Owner Occupied Commercial

Property Types

  • 2-4 Units Residential
  • Assisted Living Facility
  • Auto Dealership
  • Auto Repair
  • Car Wash
  • Casino
  • Child Day Care
  • Cinema
  • Club
  • Commercial Condominium
  • Community Center
  • Condominium
  • Equestrian
  • Event Center
  • Gym
  • Hospital
  • Hotel
  • Industrial
  • Mixed-Use
  • Mobile Home Park
  • Multifamily
  • Office
  • Parking Lot
  • Place of Worship
  • Portfolio of Commercial Properties
  • Portfolio of Residential Properties
  • Ranch
  • Religious Facility
  • Retail
  • Senior Housing
  • Single Family Residence
  • Storage Facility
  • Student Housing
  • Vehicle Parking

Loan Types

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

Specialty Loan Types

  • 2nd Mortgage Equity Cash Out
  • Line of Credit Portfolio of Properties
  • Line of Credit Single Property
  • Partner Buyout

Junior Lien Loan Amounts

$150,000 to $6,000,000

Junior Lien Interest Rates

7.99% to 13.99%

Junior Lien Loan-to-Value

80%

Junior Lien Loan-to-Cost

80%

Junior Lien Origination Fees

1% to 3%

We Fund Junior Position Loans

Often

Junior Lien Types

  • Purchase
  • Refinance
Acquisitions, Increase Capital Stack, repositioning, refinancing, Cash out purposes, and Rehabs

Max Loan-to-Purchase Price

80%

Borrower Must Have Property Under Contract

no

Will Provide Proof of Funds Letter

no

Will Consider Lending on Purchase from Auction

yes

Allowed Source of Borrower’s Equity

  • Own Cash
  • Equity in Subject Property
  • Equity in Another Investment Property

Fees which are paid to a third party company

  • Processing Fee
  • Legal Fee

Details and Requirements

Typical Closing Time (Days)

5

Fastest Closing Time (Days)

3

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

no

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
Personal Guaranty (Recourse) Required
Sometimes
Credit Check Required

no

Appraisal Required for Residential Property

Never

Appraisal Required for Commercial Property

Never

Broker Price Opinion (BPO) Accepted for Residential Property

Broker Price Opinion (BPO) Accepted for Commercial Property

RTI Properties Testimonials

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RTI Properties 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.

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RTI Bridge Loans is primarily a Direct Portfolio Lender. Since 2004, RTI has focused on Short Term Bridge Loans secured By First and Second Trust Deeds on California Real Estate. Over the years we have processed hundreds of millions of dollars in loans for our clients. Many of our clients use us continually for their real estate financing needs.

By having deep and long term knowledge of virtually every facet of the real estate business, RTI has established a stellar reputation for being very responsive, efficient and providing “certainty of execution” for our borrowers and clients.

License

CA DRE Broker Lic. 01125534

Company Size (Number of Employees)

6

Year Established

2004

Office Locations

RTI Properties, Inc.
19300 S. Hamilton Ave Suite #210, Gardena, California 90248

Primary Capital Source
  • Own Funds
Alternative Capital Sources
  • Own Funds
Loan Structure for Majority of Loans
  • Own Balance Sheet
Percentage of Loans Secured by Commercial Property

70%

Percentage of Loans Secured by Residential Property

10%

Our Team

Tom Gans

Business Development Director

Robert Abbasi

President

Get In Touch

RTI Properties 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
Before You Contact Us

Our Minimum Loan Amount Is

$150,000

What We Do

  • 2nd Mortgages up to 80% CLTV

Not Available

  • NO 100% Financing
  • NO Land Loans

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