Sacramento Private Money Lenders for Real Estate Investors
Seeking a private money loan secured by real estate in the Sacramento metro area? On this page you'll find a list of direct private money lending companies that offer fast funding for a Sacramento 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...
Sorry, your search returned no results.
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.
Security Financial Services
Direct Lender for Northern California Property Investors | Established 1943
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
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 1st quarter of 2024 was 11.23%. The average loan amount was $659,373. These stats are the average of 877 short-term loans (including bridge, rehab, and ground-up construction) funded for investment properties in California between January 1, 2024 and March 31, 2024 by multiple private lending companies that use Lightning Docs as their preferred software provider to prepare loan documents.
According to private lending data provider, Analytics Logics, the average interest rate for California private money loans in the 1st quarter of 2024 was 10.69%. Lenders charged an average of 1.4% points (origination fee). The average LTV (loan-to-value) for private money loans in California was 64%, and the average loan amount was $808,910. These stats are the average of all the loans which were funded between January 1, 2024 and March 31, 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 in the last 12 months from March 2024.
- Kiavi
- Anchor Loans
- Val Chris Investment Inc
- Center Street Lending
- Conventus LLC
- Easy Street Capital
- Provident Trust Group
- Merchants Mortgage and Trust Corporation
- Fundloans Capital
- Genesis Capital
Forecasa™ provides analytics data for California private lending on a quarterly basis. 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
Funded Private Money Loans in Sacramento
Private Money Loan for Industrial Warehouse in Rancho Cordova, California
$1,650,000
Rubicon Mortgage Fund, a direct private money lender, funded a $1,650,000 private money loan for the acquisition of an industrial warehouse in Rancho Cordova, Sacramento County, CA. We funded 50% of the purchase price while the Borrower contributed 50% cash at closing. The Borrower was already leasing the space to use as part of his automotive and wrecking yard, and he had the opportunity to purchase it. We had a 1st position lien on the purchased property and a 2nd position lien on another property for additional collateral – an 8,000-square-foot industrial warehouse down the street from the purchased property to provide our Borrower with the requested loan amount. This loan was funded for a repeat Borrower who prefers to utilize Rubicon due to our process being faster and simpler than traditional lenders. The subject property was in excellent condition and owner-occupied at closing. It is approximately 12,000 square feet. The Borrower plans to refinance as an exit strategy. The loan term was set at 36 months. This private money loan was funded in October 2023.