Posts by GW Private Capital
Second Trust Deed Loans in California Explained
A dentist in Downey owned a commercial property worth $750,000 and owed $230,000 on the first mortgage. She wanted a second trust deed loan for $100,000 on top of it. Add the two loans together and you get $330,000 against $750,000, a combined loan-to-value of 44%. That ratio does a lot of the work in…
Read MoreFix and Flip Loan Requirements in California
Our line on flips is short, and it’s on our program page. “If you find a great flip deal, we’ll find a way to fund it!” Motto aside, there are requirements. The fix and flip loan requirements at GW Private Capital come down to a down payment, some flipping experience, a property we can underwrite…
Read MoreHow Hard Money Loans Work in California
A hard money loan in California gets decided on the property, and mostly on the equity in it. Your credit score isn’t the gatekeeper. We don’t have a minimum FICO requirement, so the first things we want to know are what the property is worth, what’s already owed on it and what you plan to…
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