Source Capital provides direct hard money loans in California. Being a premier mortgage subprime lender in California, Arizona, Oregon and Minnesota, our track record of funding transactions throughout California is solid. We know how to make it easy for both brokers and borrowers as we have funded over $135M loans till now. Please call us today at 888.334.6636 and speak directly to a partner of the company regarding your financing needs or for more info visit our website now. We provide subprime loans in all top cities of California like Los Angeles, San Jose, San Francisco, Orange County and more. No matter, if you are unable to obtain loans due to poor credit, a prior bankruptcy, short sale or foreclosure or a "gap" in income or tax returns, we can help you and our loans are secured by real estate.
Why Source Capital:
• Loans From $20,000 to $5,000,000
• Up to 70% Loan to Value and 7 Year Terms
• Interest from 8.49%-11.99%
• Lender Fees 2-4 Points
• Brokers and Agents Protected
• Poor Credit/BK/ Foreclosure/Short Sale -- OK
• Licensed and BBB "A+" Rated
• Flexible and Creative Financing Solutions
• Foreign Nationals -- OK
• Minimal Paperwork
• No Upfront Fees, No Prepayment Penalties
Being a direct, licensed California subprime lender, Source Capital underwrites and processes all loans in the office. It means that your paperwork, unlike a bank, will never have to go outside for an underwriting decision or approval. Our streamlined approach and immediate access to capital allows for a faster turn-around time, fewer hassles, and lower costs to you.
We work closely with clients to ensure a secure and timely transaction. Our clients can count on Source Capital's strong commitment to the highest standards of business ethics, underwriting due diligence and post-funding management. Our unique approach to financing with private capital allows speed and flexibility that traditional banking environments cannot provide.
Source Capital is a proud member of Better Business Bureau (BBB) and has received numerous testimonials from our clients while earning the reputation of being a reputable private lender. Our sound business principles and commitment to our clients have allowed us to build and maintain successful business relationships that last a lifetime.
Source Capital was founded in 2007. Source Capital is a private subprime lender that specializes in the underwriting and funding of commercial and residential real estate loans in California, Oregon, Arizona and Minnesota.