Triumph Capital Partners
Solana Beach, California
CFL #60DBO-72340
Our Minimum Loan Amount Is
$100,000
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Triumph Capital Partners is a direct private/hard money lender for residential real estate investors in 40+ states. We have a fluid approach which is fast and easy. We make it happen with no hassle and our team of experts will help you throughout the process. In 1 business day, you’ll have an approval. We can fund your loan in 7 days or less.
Property Geographic Area Details
We lend in 42 of 50 states, except AK, NV, ND, SD, OR, VT, MN, ID.
Loan Amounts
$100,000 to $5,000,000
Interest Rates
7.99% to 11.99%
Max Loan-To-Value
75.00%
Max Loan-To-Cost
90.00%
Origination Fees
1% to 4%
Loan Terms
12 months to 24 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
- Value Add Project
- Development Project
Property Occupancy
- Vacant
- Tenant Occupied 100%
Property Types and Loan Types
Collateral Types
- Residential Property
Property Types
- 2-4 Units Residential
- Condominium
- Multifamily
- Portfolio of Residential Properties
- Residential Land
- Single Family Residence
Loan Types
- Private Money
- Hard Money
- Residential Bridge
- Residential Fix and Flip
- Residential Rehab and Rent
Specialty Loan Types
- Condo Conversion
- Partner Buyout
Land Loan
Will Consider Land That is NOT Entitled
noMax LTV for Land
0%Max LTC for Land Acquisition
0%Purchase Loan
Max Loan-To-Purchase Price
85.00%Borrower Must Have Property Under Contract
yesWill Provide Proof of Funds Letter
yesWill Consider Lending on Purchase from Auction
yesAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Another Investment Property
- Family
Rehab Value Add Loan
Experience Required
noMinimum Number of Value-Add Projects Completed by Borrower
0Will Provide Funds for Renovation Costs
yesMax LTC for Renovation Costs
100.00%Interest Charged for Renovation Costs
Only on Funds DrawnTypical Number of Days for Funds Draw
4Maximum After Repair Value
75.00%Details and Requirements
Typical Closing Time (Days)
7Fastest Closing Time (Days)
4Works With
- Brokers
- Borrowers
Payment Structure
- Interest Only
- Interest Reserve
Payment Structure Details
All of our loans are structured as interest only.Pre Payment Penalty
yes
3-month minimum interest reserve requirement on most programs. Example #1: If loan is paid off at month 4 there is no prepay. Example #2: If loan is paid off at month 2 there is a remaining 1 month worth of interest to be paid.Will lend to a foreign national
yes
Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage
yesWill Consider Collateralizing Multiple Properties in One Loan
yesWill Consider Equity Joint Venture
no
Borrower Entity Types Considered
- LLC
- Limited Partnership
- Trust
- Corporation
- Non-Profit Corporation
Documentation Required
- Credit Report
- Bank Statements
- Loan Application
Personal Guaranty (Recourse) Required
AlwaysCredit Check Required
yesMinimum Credit Score Required
575Appraisal Required for Residential Property
Always Before FundingBroker Price Opinion (BPO) Accepted for Residential Property
NeverFees
Processing Fee
Legal Fee
Renovation Construction Draw Fee
$250 per draw
Minimum Origination Fee Amount
$3,750
Fees which are mandatory for all new borrower clients
- Processing Fee
- Appraisal Fee
- Renovation or Construction Funds Draw Fee
Fees which are charged upfront prior to loan closing
- Appraisal Fee
Fees which are paid to a third party company
- Legal Fee
- Settlement Fee
- Appraisal Fee
- Escrow Fee
- Title Fee
- Renovation or Construction Funds Draw Fee
Legal Disclaimer
Triumph Capital Partners, LLC. Arizona Mortgage Broker License # BK0937202. All loans are made or arranged pursuant to a California Finance Lenders Law license (Triumph Capital Partners, LLC, CFL License No. 60DBO-72340). 155 South Highway 101 Suite #7 Solana Beach CA 92075. Triumph Capital Partners, LLC makes and acquires business purpose loans only and does not originate or acquire owner-occupied residential mortgage loans. Information, rates, and pricing are subject to change without prior notice. All loans are subject to borrowers and underlying collateral meeting Triumph Capital Partners, LLC’s then-current underwriting criteria. Other restrictions apply.
Triumph Capital Partners is a private/direct lender that finances residential real estate investors. Founded in 2016 the partners have been in the private money space for over a decade. Triumph Capital provides some of the most attractive real estate programs in the industry and with our closing times in 5-7 business days our speed and efficiency separates us from the competition.
We are a direct lender and have our own funds which allows flexible financing and an array of products to the real estate investor.
Triumph recently formed a Joint Venture with Brixton Capital, a San Diego based real estate investor and operator. Brixton’s portfolio totals 10M+ square feet and is valued in excess of $1.4 billion. Triumph’s mission is to provide investors with attractive current income opportunities while providing liquidity in the private money marketplace.
License
CFL #60DBO-72340
Year Established
2016
Office Locations
155 South Highwy 101, Suite #7, Solana Beach, California 92075Primary Capital Source
- Own Funds
Alternative Capital Sources
- Bank Credit Line
- Private Equity Funds
Loan Structure for Majority of Loans
- Own Balance Sheet
- One Investor One Loan
Alternative Loan Structures
- Table Funding with Capital Partner
- LLC Syndicated Investors
- Table Funding with Bank
Percentage of company’s lending business focused on private mortgage
100%
Company’s Other Business Activities Besides Private Mortgage Lending
- Note Investing
Percentage of Loans Secured by Residential Property
100%
Percentage of Residential Property Loans Which are Fix and Flip
75%
Percentage of Residential Property Loans Which are Buy and Hold
25%
Total Number of Loans Funded to Date
1000
Total Loan Volume Funded to Date
$1,000,000,000
Paul Shaughnessy
Senior Account Executive
$40m+ funded in 2018
George Flint
Co-Founder & Co-CEO
George spearheads the execution of the company’s loan origination strategy and is responsible for growing and managing Triumph’s Correspondent Division. Since 2003, he has amassed a deep expertise in real estate finance, real estate development & construction management - all of which combined contribute to the success of Triumph’s platform. George received his BS in Financial Services and Economics and MSBA in Finance from San Diego State University.
License InformationCA DRE Broker License - 01401830
Oliver Austria
Co-Founder & Co-CEO
Oliver is responsible for leading the overall strategy for Triumph. Since 2001, he has held key management roles within the mortgage origination, residential redevelopment, and private lending spaces. As a private lender, he has overseen more than $500M in Fix & Flip & Bridge loan originations. Having spent many years as a real estate investor in both the lender and borrower capacity, Oliver has a unique perspective that is critical in growing the firm’s platform while maintaining exceptional risk management. Oliver graduated with a degree in Business Administration with a concentration in Finance and Economics from Boston University.