Orange County Private Money Lenders for Real Estate Investors
Seeking a private money loan secured by real estate in Orange County? On this page you'll find a list of direct private money lending companies that offer fast funding for an Orange County property purchase, refinance, or equity cash out in 1st lien position. Private money loans are for short term (3-24 months) and primarily qualify based on equity in the subject property, at least 30% for most lenders. So you'll need a 30%+ down payment for a purchase, and for a refinance, the maximum loan-to-value is 70%.Searching...
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SDC Capital
Family Office Lender. No 3rd-party appraisal (typically). Soft Money Terms in 1st or 2nd Lien Position.
PrideCo Loans Inc.
Family Office Hard Money Lender for Multifamily and Residential Investment Properties
MOR Financial
Hard Money Bridge Loans for California and Florida Properties
Diversified Mortgage
Multifamily Bridge Loans only. Interest Rates are 8.5% for 4-year term, 8.25% for 2 years, 7.95% for 1 year.
Nationwide Mortgage - California
Bridge, Rehab, Construction, & Rental
Kiavi
Servicing 12,000+ Real Estate Investors Across the Country
American Heritage Lending
Direct Lender for Residential Real Estate Investors Nationwide
Arch Loans
Low and High Leverage Options, up to 90% of purchase price for fix & flip
Center Street Lending
Smarter Loans for Residential Investors
Residential Capital Partners
100% Financing for Residential Rehab Projects (NO Money Down)
RCN Capital
Direct Lender for Residential Fix & Flip, Long-Term Rental, Bridge Loans
Secured Capital Lending
Direct Private Lender for California Investment Properties
Socotra Capital
Direct Hard Money Lender for Commercial Real Estate
Conventus
We Fund Fast While Providing Excellent Service and Competitive Pricing
ZINC Financial
Direct Lender for Real Estate Investors. Established in 2006.
Lima One Capital
The Nation's Premier Lender for Real Estate Investors
California Private Money Interest Rates
According to the private money loan documents software company, Lightning Docs, the average interest rate for California private money loans in the 2nd quarter of 2024 was 11.06%. The average loan amount was $698,027. These stats are the average of 1,083 short-term loans (including bridge, rehab, and ground-up construction) funded for investment properties in California between April 1, 2024 and June 30, 2024 by multiple private lending companies that use Lightning Docs as their preferred software provider to prepare loan documents.
Although California private money interest rates tend to be lower than other states, the data includes a lot of 2nd mortgages, which typically have higher rates than 1st mortgages. 2nd mortgages are quite common in California. In most other states, 2nd mortgages are non-existent in private money lending.
Here is a breakdown of average interest rates in California’s metropolitan areas:
Los Angeles Metro Area
The average interest rate for Los Angeles private money loans in the 2nd quarter of 2024 was 11.76%. The average loan amount was $703,562. Of the 593 total loans in the 3-month period, 468 were secured by properties in Los Angeles County, 106 in Orange County and 19 in Ventura County.
San Francisco Bay Area
The average interest rate for Bay Area private money loans in the 2nd quarter of 2024 was 10.88%. The average loan amount was $789,494. Of the 237 total loans in the 3-month period, 58 were secured by properties in Alameda County, 56 in Santa Clara County, 38 in Contra Costa County, 33 in San Mateo County, 26 in San Francisco County, 16 in Marin County, and 10 in Solano County.
San Diego
The average interest rate for San Diego private money loans in the 2nd quarter of 2024 was 11.07%. The average loan amount was $744,446. The averages are derived from 263 loans secured by properties in San Diego County.
Inland Empire
The average interest rate for Inland Empire private money loans in the 2nd quarter of 2024 was 11.20%. The average loan amount was $487,292. Of the 132 total loans in the 3-month period, 77 were secured by properties in Riverside County and 55 in San Bernardino County.
Sacramento
The average interest rate for Sacramento private money loans in the 2nd quarter of 2024 was 11.29%. The average loan amount was $495,169. The averages are derived from 27 loans secured by properties in Sacramento County.
Central Valley
The average interest rate for Central Valley private money loans in the 2nd quarter of 2024 was 11.48%. The average loan amount was $301,872. Of the 87 total loans in the 3-month period, 35 were secured by properties in Fresno County, 24 in San Joaquin, 13 in Tulare County, 10 in Kern County, and 5 in Stanislaus County.
According to private lending data provider, Analytics Logics, the average interest rate for California private money loans in the 2nd quarter of 2024 was 10.63%. Lenders charged an average of 1.4% points (origination fee). The average LTV (loan-to-value) for private money loans in California was 62%, and the average loan amount was $862,270. These stats are the average of all the loans which were funded between April 1, 2024 and June 30, 2024 by the many private lenders who use Liquid Logics’ loan origination software to manage their lending operations.
Top 10 California Private Lenders
According to Forecasa™, here are the Top 10 Private Lenders ranked by the number of private mortgage loans originated in California from June 2023 to May 2024.
- Kiavi
- Center Street Lending
- Conventus LLC
- Anchor Loans
- Val Chris Investment Inc
- Easy Street Capital
- Genesis Capital
- Merchants Mortgage and Trust Corporation
- Wholesale Mortgage Bankers (Fidelity Lending Solutions)
- Velocity Commercial Capital
Forecasa™ gives investors and lenders in the private real estate market powerful analytics and actionable insights. They help you skip the hassle of combing county records and focus on closing deals. With detailed market trends, investor and lender activities, and competitive benchmarking, you can make smart, strategic decisions. Some of their services include dynamic market reports, transaction-level details, customer analytics, borrower verification, and in-depth profiles of investors, lenders, and capital partners. You’ll find their top lenders data for many other states on our platform.
California Private Money Lending Guidelines
California has lots of “private money” and lots of professional private money lending companies that offer short-term loans secured by real estate. It’s mainly for investment properties, but California has some unique laws that enable private lenders to fund loans secured by a borrower’s primary residence. Here are the typical private money lending guidelines for most lenders in California:
- Loan Amounts: $50,000 to $20,000,000
- Interest Rates: 9% to 13%
- Origination Fee: 1 to 3 points
- Maximum LTV for Senior (1st) Lien: Up to 70%
- Maximum CLTV for Junior Liens: Up to 65%
- Lien Position: 1st, 2nd or 3rd
- 2nd mortgages are common in California
- Loan Term: 1 month to 5 years
- Most private money lenders max out at 24 months
- Most lenders have a 3-month minimum term (interest guarantee)
- Payment Type: Interest-only
- Few private lenders in California amortize all of their loans
Select a Metro Area
California is a large state, and many private lending companies focus on particular metropolitan areas. Filter your search by selecting a metro area:
Northern California: SF Bay Area | Sacramento | Lake Tahoe
Southern California: Los Angeles | San Diego | Orange County | Riverside County | San Bernardino County | Santa Barbara
Central California: Central Valley | Bakersfield | Fresno
Funded Private Money Loans in Orange County
Private Money Refinance Loan for SFR Rental in San Clemente, California
$2,550,000
Karpe Real Estate Center funded a $2,550,000 1st lien position private money loan secured by a single-family home in San Clemente, Orange County, CA. The property value was estimated at $3,640,000 so our loan-to-value was 70%. We paid off a previous loan balance of $2,550,000. The Borrower was in need of a bridge refinance of an existing mortgage due to the maturity of the loan. The deal was approved the same day as submission, and the funding/close took place approximately 10 days after. The subject property was in good condition and was tenant-occupied at closing. It was approximately 4,409 square feet set in a 10,000-square-foot lot. The Borrower had good credit. They plan to sell the property as quickly as possible and move on to the next project. The interest rate was 10.50%. The loan term was set at 12 months. This private money loan was funded in May 2023.
Private Money 2nd Mortgage Loan for Multifamily Property in Huntington Beach, California
$512,000
The Scenario
The Borrower was seeking a business purpose 2nd TD on a multifamily property in Huntington Beach, Orange County, CA. They were restructuring the 1st TD at a low rate with a commercial bank and paying off an existing 2nd TD where the Note was coming due. The subject property was a well-maintained 12-unit multifamily property sitting 2 blocks from the beach. The unit mix featured 1 – 4BR/3BA unit, 6 – 2BR/1BA units, and 5 – 1BR/1BA units for a grand total of 45 total rooms, 21 bedrooms, and 14 baths.
The Loan
The appraised value was $5.2M, 2nd TD Loan Amount of $512,000, and the combined LTV was 59.85%. The interest rate was 10.50%, interest-only, 5-year loan term, 6 months Guaranteed Interest, and months prepaid interest. MORTGAGE VINTAGE VALUE-ADD: Due to LTV constraints the commercial bank couldn’t pay off the full combined balance of the 1st & 2nd mortgages. We quickly stepped in and paid off the remaining balance while adhering to the strict underwriting guidelines of the commercial lender holding the 1st trust deed. This private money loan was funded in June 2019.
SDC Capital, a direct private lender based in Burbank, funded a $570,000 1st lien position private money loan for Brea House in Brea, Orange Country, CA. At SDC, we strive to create mutually beneficial relationships with our Borrowers and this deal was a perfect example of the benefits of such relationships. Last month, one of our repeat Borrowers came to us to finance the purchase of a single-family residence in Brea which required a fast closing and nearly 100% leverage. On the surface, that looks like an easy pass, but in knowing this borrower well it was actually quite the opposite. In a previous deal, we had cross-collateralized his primary residence to achieve our desired LTV. The Borrower hoped he could again tap the equity in his home as his liquidity was tied up in other deals. With an accepted offer on a property he couldn’t pass up, we were the first call he made and the only one he needed. SDC Capital was able to provide the loan with a 90% LTV, a 12-month term, and an 8.99% interest rate. This SFR private money loan was funded in October 2016.
