California Loan Programs
Aventine Funding works with over 300 lenders who are capable of funding residential and commercial real estate loans on property anywhere in the state of California. In addition to traditional real estate loans, we also can provide private funding for both residential and commercial properties. While each borrower's circumstances are different, we are confident that we can find a loan program that suits your needs best, or we will tell you we cannot. You can help us understand more about your needs by using our quick contact form.
Private Money Loans / Hard Money Loans
When time is tight or your credit is less than perfect, aprivate money loan may be your only option. Many times private money loans are called hard money loans, but they both refer to the same thing. Private investors can fund loans on an individual basis or can pool their funds together to make loans. Typically, fees and terms on private money loans are well above what might be considered average for a loan on a particular property type at the time, however they can typically fund in as little as 5 days. This makes them ideal as bridge financing or other short-term type financing on commercial and/or residential properties. Most private money loans are interest only and are written for anywhere from 6 to 60 months with no pre-payment penalty.
Commercial Loan Programs
One of the most difficult problems that commercial real estate owners and investors face is finding loans when their credit, work history or tax returns are less than perfect. We have worked with many commercial real estate investors to locate financing for NNN (Triple Net Leased) properties, owner-user, industrial, retail, office and mixed-use properties nationwide. If you are intersted in finding out what options you have, please contact us at your convenience so that we can give you a no-obligation opinion about what options you may have.
Currently, we are working with a number of commercial lenders who can offer 10, 15, 20, 30 and 40 year amortization schedules, up to 90% Loan to Value and other great terms on a number of different commercial loan products. Please contact us to learn more about what is available today.
Residential Loan Programs
With access to loan programs offered by over 300 lenders, we have access to loan programs, rates and terms that many lenders and mortgage brokers don't even know exist today. We have helped borrowers who were unable to find sources of funds elsewhere to fund a loan in less than 2 weeks. While this may not happen in every situation, we are confident that we can help just about anyone who is serious about purchasing or refinancing their home or other single family residence.
Bankruptcy Loans
One of the trickier loans that we come across are bankruptcy loans. Typically, in a Chapter 11, 12, or 13 Backruptcy filing property can be set aside and if there is sufficient equity, new financing can be put into place in order to satisfy the credit plan approved by the Trustee and the court. Typically, these loans will not exceed 70% LTV (loan to value) on any one property. People looking for high LTV loans, above 70% will need to come in with additional cash to lower the loan to value percentage or find someone (relative, friend, etc) to pledge their property as additional collateral to cover the difference. But, these loans are quite common provided the equity in the properties is sufficient. If you are looking for a bankruptcy real estate loan on property that has been removed from your bankruptcy please call us or fill out our quick form to help us better understand your needs and have us contact you. Please note that we cannot fund bankruptcy loans under $150,000 AND above 70% loan to value.
Nationwide Loan Programs
NNN (Single Tenant Properties) Loans
We work with a number of nationwide real estate investors who acquire, operate and/or manage investment and income producing properties. We have a number of specialized commercial real estate lenders who offer very attractive terms for specialized properties like NNN leased single tenant properties (Kragan, Walmart, National Chain stores, etc) with no pre-payment penalties, 20, 25, and 30 year amortization, low costs and competitive rates. Unless you are purchasing property with a large-scale franchisee / operator in it, you will be hard pressed to find a loan on your NNN investment property that is as competitive as the financing we can provide. Add in our high level of service and it is a no brainer. Visit our NNN Property Loan page for more information. These loan terms are also available on just about any common commercial property type across the country. Please inquire with us for more details about your particular scenario.
Commercial Equity Line Loans / Stand Alone 2nds
A recent development is the commercial equity line loan allowing commercial property owners, investor or owner/operator, to pull the equity out of their commercial property with no appraisal and very little cost. These equity line loans are a great way to tap into the equity now or in the future with a minimum of hassle and expense. There is a very small minimum draw and they are a great idea for the "rainy day" needs of most small businesses. We can do these loans in just about every state in the union and on most commercial property types (including 5+ unit apartment buildings). Please visit our commercial equity line page for more details.