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The SJ Morgan Private Lending Exchange is a private / hard money lending company that offers loans secured by residential and commercial real estate throughout California.

Property Geographic Area Details

All Counties in California

Loan Amounts

$50,000 to $1,000,000

Interest Rates

9% to 14%

Max Loan-To-Value

80.00%

Max Loan-To-Cost

100.00%

Origination Fees

2.75% to 4%

Loan Terms

3 months to 180 months

Lien Position

  • 1st
  • 2nd

Loan Purpose

  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property
  • Use Equity to Invest in Another Property
  • Value Add Project
  • Primary Residence Purchase
  • Personal Use

Property Occupancy

  • Vacant
  • Tenant Occupied 100%
  • Owner Occupied Commercial
  • Owner Occupied Residential

Property Types and Loan Types

Collateral Types

  • Residential Property
  • Commercial Property

Property Types

  • 2-4 Units Residential
  • Agricultural
  • Cannabis Dispensary
  • Cannabis Grow Facility
  • Commercial Condominium
  • Commercial Land
  • Condominium
  • Golf Course
  • Industrial
  • Manufactured Home
  • Mixed-Use
  • Mobile Home
  • Mobile Home Park
  • Motel
  • Multifamily
  • Office
  • Portfolio of Commercial Properties
  • Portfolio of Residential Properties
  • RV Park
  • Ranch
  • Residential Land
  • Retail
  • Single Family Residence
  • Student Housing

Loan Types

  • Private Money
  • Hard Money
  • Residential Bridge
  • Residential Rehab and Rent
  • Residential Owner-Occupied

Specialty Loan Types

  • 2nd Mortgage Equity Cash Out
  • Land Development
  • Residential Long-Term Rental
  • Cannabis Use Properties
  • Primary Residence Bridge
  • Primary Residence Business Purpose Cash Out
  • Residential Non-Prime

Junior Liens

Junior Lien Loan Amounts

$50,000 to $500,000

Junior Lien Interest Rates

11% to 14%

Junior Lien Loan-to-Value

65.00%

Junior Lien Loan-to-Cost

65.00%

Junior Lien Origination Fees

2.75% to 4.00%

We Fund Junior Position Loans

Rarely

Junior Lien Types

  • Refinance
  • Equity Cash Out

Agribusiness Loan

Agribusiness Types

  • Cattle Ranch
  • Cannabis
  • Citrus Grove
  • Corn
  • Cotton
  • Dairy
  • Equestrian
  • Melons
  • Peach
  • Peanuts
  • Potatoes
  • Poultry
  • Row Crops
  • Tree Nuts
  • Vegetables

Will Consider Cannabis Use Properties

yes

Maximum LTV for Cannabis Use Properties

75.00%

Cannabis Property Use Type

  • Retail Dispensary
  • Manufacturing
  • Processing
  • Production

Land Loan

Land Types Considered

  • Residential Land
  • Multifamily Land
  • Industrial Land
  • Office Land
  • Retail Land
  • Agricultural Land
  • Special Purpose Land
  • Cannabis Use Land

Will Consider Land That is NOT Entitled

yes

Existing Land Improvements Required

  • Street Access
  • Electricity
  • Gas
  • Water

Max LTV for Land

50.00%

Max LTC for Land Acquisition

50.00%

Purchase Loan

Max Loan-To-Purchase Price

75.00%

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 Another Investment Property
  • Equity in Primary Residence
  • 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

100.00%

Interest Charged for Renovation Costs

Entire Amount of Total Project Costs

Typical Number of Days for Funds Draw

5

Details and Requirements

Typical Closing Time (Days)

15

Fastest Closing Time (Days)

7

Works With

  • Brokers
  • Borrowers

Payment Structure

  • Interest Only
  • Amortized

Pre Payment Penalty

yes

6 Month Prepayment Penalty on Hold, 3 Month Prepayment Penalty on Flips

Will lend to a foreign national

yes

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

There are times when a loan is not available due to lack of equity on transactions that have great potential towards profits. We are able to arrange alternative structures, such as joint ventures and partnerships when they are in the best interest of all parties involved.

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

Always

Credit Check Required

yes

Appraisal Required for Residential Property

Sometimes

Appraisal Required for Commercial Property

Sometimes

Broker Price Opinion (BPO) Accepted for Residential Property

Sometimes

Broker Price Opinion (BPO) Accepted for Commercial Property

Sometimes

Fees

Processing Fee

$795.00

Minimum Origination Fee Amount

$2,500

Fees which are mandatory for all new borrower clients

  • Processing Fee

Fees which are charged upfront prior to loan closing

  • Appraisal Fee

Fees which are paid to a third party company

  • Deposit
  • Appraisal Fee
  • Title Fee

The SJ Morgan Private Lending Exchange is a company that matches borrowers who are seeking funds to purchase or refinance commercial or residential properties with private investors who are looking for solid real estate investments. We are based in the Central Valley but do business throughout California.

License

CA DRE Lic. #01979578, NMLS #1569114

Year Established

2014

Office Locations

1110 Tully Road, Suite B, Modesto, California 95350

Primary Capital Source

  • Individual Investors

Alternative Capital Sources

  • Other Private Lending Companies

Loan Structure for Majority of Loans

  • One Investor One Loan

Alternative Loan Structures

  • Multiple Investor Fractionalized Note

Percentage of company’s lending business focused on private mortgage

80%

Company’s Other Business Activities Besides Private Mortgage Lending

  • Commercial Mortgage Brokerage
  • Residential Mortgage Brokerage
  • Note Investing

Percentage of Loans Secured by Commercial Property

20%

Percentage of Loans Secured by Residential Property

80%

Percentage of Residential Property Loans Which are Fix and Flip

50%

Percentage of Residential Property Loans Which are Buy and Hold

50%

Percentage of Residential Property Loans Which are Owner-Occupied

30%

Percentage of Loans Secured by Land

10%

Sonya Morgan

Broker, Owner

DRE/NMLS

Sonya has over 17 years experience in Real Estate and Lending. Sonya brings industry knowledge, practice and standards to the table. Her business acumen along with good relationship management allows her to effectively match solid opportunities to investor’s portfolio needs.

License Information
CA DRE Broker - 01258854
NMLS ID - 856797

Katelin New

Processor/Loan officer

DRE/NMLS

Katelin is an experienced processor and licensed loan officer. She has great customer service and makes sure clients feel valued and taken care of.

License Information
CA DRE - 02051946
NMLS ID - 1694138

Loan Request

Short Description of your Loan Request or Property Address

This information is about yourself, not the subject property.

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

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

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

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

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how will the loan be paid off?

acres

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