Sunset Equity Funding

Direct Lender for Real Estate Investors Nationwide

Sunset Equity Funding is a nationwide direct private money and hard money lenders based in Los Angeles, CA. We offer competitive commercial financing programs for real estate investors. Loans range from $200K – $10M million in size and we are able to fund in 48 hours or less. We expedite the loan cycle, so you can continue to scale your business.

Property Geographic Area Details

Nationwide

Loan Amounts

$200,000 to $10,000,000

Interest Rates

7.49% to 12%

Loan Terms

3 months to 24 months

Origination Fees

2% to 5%

Lien Position

1st

Collateral Types

Residential Property

Loan Purpose

Investment Acquisition
Improve Subject Property

Property Occupancy

Vacant
Tenant Occupied 100%

Rehab Programs

85% LTV/LTC Program (NO INTEREST ON REHAB HOLDBACK)

Up to 85% of the purchase price or 85% LTV
Up to 100% of the rehab cost as long as the total loan amount does not exceed 75% of after repair value
Starting 7.99% Interest per Annum
Points Negotiable
up to 24 Months term
Loan extensions available
No Pre-Payment Penalty
Business Purpose Loans Only

The 85% LTV/LTC program is for experienced clients only. An Experienced Client must meet all three of these criteria:

Has a total of 3 points in the past 36 months. Each “Fix and Flip” is considered one point.
Each “Rental” is considered 0.5 (half) a point. You can use any combination of “Fix and flips” and “Rentals” to create a total of 3 points.
For example: 3 flips = 3 points. 1 flip and 4 rentals = 3 points.
All guarantors must have a credit score of over 600.
Borrower’s bank account must reflect funds equal to the following:
1. Closing cost
2. Down payment
3. 4 months of interest reserve

90/100 Program

Up to 90% of the purchase price or 75% LTV, Lessor of the two
Up to 100% of the rehab cost as long as the total loan amount does not exceed 70% of after repair value
7.99% to 9.99% Interest per Annum
2 TO 2.5 Points
12 Months term
Loan extensions available
No Pre-Payment Penalty
Business Purpose Loans Only

Auction Financing Program

65% Loan To Cost
10.5% Interest Per Annum
3 Points
12 Months terms
Loan Extensions Available
No Pre-Payment Penalty
Business Purpose Loans Only

And also you get the benefit of the following items when you start working with us:

Value Assessment
Rehab Money If Needed
Property Evaluation
Educational Courses

Construction Program

80% LTC
9% to 10.5% Interest per Annum
2.5 to 3 Points
12 Months term
Loan extensions available
No Pre-Payment Penalty
Business Purpose Loans Only

Cash Out & Refinance

65% to 75% LTV
From 8.5% Interest per Annum
12 Months term
Loan extensions available
No Pre-Payment Penalty
Business Purpose Loans Only

Property Types

2-4 Units Residential
Condominium
Mixed-Use
Multifamily
Portfolio of Residential Properties
Single Family Residence

Loan Types

Private Money
Hard Money
Residential Bridge
Residential Fix and Flip
Residential Rehab and Rent
Residential Long-Term Rental
Residential Ground-Up Construction

Specialty Loan Types

Residential Long-Term Rental

Max Loan-to-Purchase Price

90%

Borrower Must Have Property Under Contract

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
Equity in Primary Residence
Seller Financing
Family

Experience Required

yes

Minimum Number of Value-Add Projects Completed by Borrower

Will Provide Funds for Renovation Costs

yes

Max LTC for Renovation Costs

70%

Typical Number of Days for Funds Draw

Development Experience Required

Minimum Number of Ground-Up Construction Projects Completed by Borrower

Max LTC for Ground-Up Construction Costs

85%

Interest Charged for Construction Costs

Entire Amount of Total Project Costs

Will Lend on Partially Completed Construction Projects

yes

Minimum Loan Amount

$350,000

Maximum Loan Amount

$1,000,000

Minimum Interest Rate

Maximum Interest Rate

6.5%

Minimum Origination Fee

Maximum Origination Fee

Maximum Loan Term

360 months

Minimum Debt Service Coverage Ratio

1.25

Will Lend on a Portfolio of Properties

Documents Fee

950.00

Legal Fee

900.00

Credit Report Fee

30.00

Appraisal Fee

To be paid by Client

Fees which are mandatory for all new borrower clients

Deposit
Due Diligence Fee
Underwriting Fee
Documents Fee
Credit Report Fee
Renovation or Construction Funds Draw Fee
Other Fee

Fees which are paid to a third party company

Appraisal Fee
Inspection Fee
Escrow Fee
Title Fee
Credit Report Fee
Other Fee

Details and Requirements

Typical Closing Time (Days)

Fastest Closing Time (Days)

Payment Structure

Interest Only

Pre Payment Penalty

Will lend to a foreign national

yes

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

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

Always Before Funding

Broker Price Opinion (BPO) Accepted for Residential Property

Sometimes

Legal Disclaimer

Easy Financial, LLC. NMLS ID # 279264. 6125 Washington Blvd #300, Culver City, CA 90232; Arizona Mortgage Broker License #0950788; Oregon Mortgage Lending License Number ML-5474; CA Bur of Real Estate – Real Estate Broker Corporation License #01773208; California loans issued and made according to a California Finance Lenders Law License, # 603C725. Easy Financial, LLC sets priority to mortgage loans. In certain states, Easy Financial, LLC only lends to entities. Ioan amounts, rates and prices are subject to changes, no prior notice provided. All loans are up to borrowers' own decisions and underlying collateral Easy Financial, LLC 's existing underwriting principles. Other restrictions apply.

Contact Sunset Equity Funding

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Sunset Equity Funding is a nationwide direct private money lender that offers Correspondent programs along with a white label to fund broker deals. Sunset Equity provides fix and flip as well as new construction loan programs and will tailor any program to fit each investor’s criteria. Our programs as follows:

Up to 90 % of the cost
Up to 100% of your rehab costs
48-hour funding
Rates start at 7.49%
No upfront deposit fees
No prepayment penalty
Direct private money lender
No interest construction holdbacks

Fix & Flip Loans, New Construction, Hard Money, Private Lending, Rehab, Commercial Real Estate Purchase Loans, Commercial Real Estate Refinance Loans

License

NMLS ID 279264, CA DRE Lic. 01773208, CFL 603C725, AZ MBL 0950788, OR ML-5474

Company Size (Number of Employees)

Year Established

2005

Associations

National Private Lenders Association
American Association of Private Lenders
California Mortgage Bankers Association
Mortgage Bankers Association

Office Locations

6125 Washington Boulevard, Suite 300, Culver City , California 90233

Primary Capital Source

Own Funds

Alternative Capital Sources

Private Equity Funds

Loan Structure for Majority of Loans

Own Balance Sheet

Percentage of Loans Secured by Residential Property

100%

Total Number of Loans Funded to Date

497

Our Team

Benjamin Donel

CEO

02:41

Sunset Equity Group

00:02:17

Pitbull Hard Money Conference Review by Sunset Equity Funding

00:00:54

Sunset Equity at the Pitbull Conference in Austin

Contact Sunset Equity Funding

Sunset Equity Funding pays us to be listed, so there is no fee to connect with them directly. Call them, send an email, or share your loan request.

Send email Create a Loan Request

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Receive our monthly newsletters with valuable insights and industry updates

Contact This Lender

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Create a Loan Request

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