up to 70%
Source Capital is a hard money lender headquartered in Los Angeles, CA. They provide funding solutions in Arizona, California, Minnesota, and Texas. They issue loans with a minimum LTV of up to 70%, with loan terms of 36 months, with rates starting at 7.99%. Origination fees for a hard money loan are 1.75 point. They primarily provide funding on Single Family, Multi Family, Apartment, Office, Retail, Hotel, Storage, Assisted Living, Mixed Use, Warehouse, Industrial and Medical properties.
445 South Figueroa Street, Ste. 3199, Los Angeles, CA 90071
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