SDC Capital Funding

Recent Land Loan Closing in Los Angeles

admin — Mon, 13 Feb 2012 17:05:51 +0000

SDC Capital Funding recently funded a hard money land loan on Southern California property with a blended rate of approximately 12%. The borrower needed to extract some of his equity from the property in order to complete the purchase of another investment property. Because of the development expertise of its sister company, Silverberg Development Corp., SDC Capital Funding is uniquely qualified to rapidly underwrite and fund private loans (hard money loans) with land as their sole collateral.

Lower Rates for Hard Money Loans

admin — Mon, 06 Feb 2012 19:51:57 +0000

Interest rates for hard money loans (private loans) are trending downward. Whereas these loans have typically been at twelve percent (12.0%) per annum or higher, rates are being depressed by the competition in the market for yields which are higher than available on traditional investment vehicles, many of which are paying next to nothing. Depending on the loan-to-value ratio, condition of the property, and purpose of the loan, it isn’t uncommon to find loans funding at 9.99-10.99%.

2011 Loan Closings

admin — Mon, 30 Jan 2012 19:37:59 +0000

SDC Capital Funding closed over $5,000,000 in private loans (also known as hard money loans) in 2011. Most of the loans were made in California, but some loans were also closed in Arizona. The bulk of the loans were secured by first trust deeds on investment properties in Southern California or by land in Los Angeles County. In addition, some loans were secured using Promissory Notes as collateral.

Actively Lending in San Diego

admin — Tue, 17 Jan 2012 00:25:27 +0000

SDC Capital Funding closed three private loans in San Diego County in November/December 2011. Two of the hard money loans were on single family homes in the Oceanside area and were funded based on ARV (After Repair Value) and included funds to rehab the properties. The third loan was secured by a condominium in the University of San Diego area. The condo was rented and the owner needed funds for another business venture.

Closed for Thanksgiving

admin — Wed, 23 Nov 2011 18:06:54 +0000

We will be closed Thursday through Sunday .

“Rehab and Flip” Loan Program

admin — Fri, 02 Sep 2011 19:00:49 +0000

We specialize in providing rehab loans to investors and will provide up to 60% of After-Repair Value. Check out our “Rehab and Flip” loan program on page 2 of our 1-4 family residential rate sheet

Count on Our Experience

admin — Fri, 02 Sep 2011 19:00:36 +0000

Our company has been practicing real estate for over 30 years and has a wealth of experience not just as a lender, but in development, property management, and acquisitions. We work hand-in-hand with our borrowers to ensure as successful a transaction as possible for both borrower and lender.

Land Loans in Los Angeles

admin — Mon, 15 Aug 2011 19:01:17 +0000

SDC now offers land loans in the city of Los Angeles for residential improved lots and entitled commercial land. We will lend up to 60% LTV. Check out our loan terms for more information.