We pride ourselves on flexibility. Rather than having hard and fast rules about our loan types, we prefer to say that we look at any lending situation that “makes sense”.
FAB provides private money loans on:
- Land
- Construction Loans
- Non-Owner Occupied Single Family Residence, Town-Homes, Condos, Duplex, tri-plex, four-plex,
- Multi Family units (Apartment building with 5 units are more)
- Office Building,
- Retail, Commercial, Industrial,
- Gas Stations, etc.
When you work with FAB, you work directly with the decision maker. At FAB, we have streamlined the loan process to provide you with quick turnaround thus taking care of your loan needs in a timely manner.
Loan Specifics:
- Loan Amounts: $50,000 to $2,000,000. In some situations, we could do a larger loan and have done larger ones in the past.
- Loan to Value: We prefer up to 60% of the current value.
- Interest rates: vary depending on transaction.
- Loan Term: Flexible.
- Lien Position: First Only
- Prepay: Flexible
- States: CA
- Upfront fees: None
- Foreclosure/NOD, Bankruptcy, Bad Credit are OK and will be considered
Loan Geography
FAB has been providing loans for over 30 years, since 1989. We serve the following area or California for hard money loans:
- Entire bay Area: Santa Clara County, San Mateo county, Alameda county, Contra Costa County,
- San Francisco area: San Francisco, San Francisco county, San Rafael, Marin county, Sonoma and Napa County,
- Santa Cruz Area, Santa Cruz, Santa Cruz county, Monterey, Carmel
- Sacramento Area: Sacramento and entire Sacramento county, W. Sacramento and entire Yolo county, Stockton and San Joaquin County.
- Los Angeles Area: Bel Air, Hollywood, Los Angeles and Los Angeles county.
- From Salinas to San Luis Obispo, Santa Barbara,
- Fresno and Fresno county, Merced county, Madera county, Placer county.
Please call us or send us an email for a loan request. We look forward to hearing from you and helping you.