Our hard money loans are designed to be flexible
This allows us to customize loan terms to fit your specific situation. We offer larger loan amounts compared to traditional lenders and collaborate with you to ensure you receive the necessary financing for your success. Since we manage our own funds, we can make quick decisions, providing you with the money you need when you need it.
Loan Programs
1. Refi’s & purchases
Residential, commercial and multifamily
1st Liens
- Up to 80% LTV
- Start rate of 9% IO
- 12 – 24 months loan term
- 3 – 6 months prepay
- Land (4 acres or less)
- 620 Minimum fico
2nd Liens
- Up to 65% CLTV
Commercial
1st Liens
- Up to 75% LTV (may go higher in some cases)
- Start rate of 9% Interest Only
- 12-24 months
- Must debt-service or have plan to debt-service
- Internal valuation or BPO
- Need Environmental Report (in some cases)
Please, note: We aim to provide a personalized approach with this program, which serves to inform and give you a general idea of what to expect when deciding whether to secure funding with us. Please note that these criteria may vary based on your specific property and circumstances.
2. Fix and flip
Residential, commercial and multifamily
1st Liens
- Up to 80% LTV
- Start rate of 9% IO
- 12 – 24 months loan term
- 3 – 6 months prepay
- Land (4 acres or less)
- 620 Minimum fico
2nd Liens
- Up to 65% CLTV
Please, note: We aim to provide a personalized approach with this program, which serves to inform and give you a general idea of what to expect when deciding whether to secure funding with us. Please note that these criteria may vary based on your specific property and circumstances.
Why us
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Experience lightning-fast results in just 3-7 days with our exceptional financing solutions.
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Benefit from competitive rates starting at just 8.99%.
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Enjoy flexible Loan-to-Value ratios of up to 80%.
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Welcome applicants with credit scores of 450 and above.
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Ensure a hassle-free experience with minimal documentation required.
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Expertly cater to a wide variety of property types.
Benefits of Our Hard Money Loans
Fast Approval
Our streamlined application process and minimal documentation requirements enable us to approve loans quickly, often within 24 hours.
Large Loan Amounts
We provide larger loan amounts than traditional lenders, ensuring you have the financing needed to achieve your goals.
Experienced Lenders
Our team of experienced lenders possesses a deep understanding of the real estate market, enabling us to help you make informed decisions about your investments.
Competitive Interest Rates
We provide hard money loans with competitive interest rates starting at 8.99%, helping you minimize costs while obtaining the necessary financing.
Flexible Loan Terms
We recognize that each borrower has unique needs, so we offer flexible loan terms tailored to your specific requirements. We collaborate with you to design a loan that aligns with your budget and timeline.
Our loan products include
At LBC Capital, we are dedicated to providing borrowers with the financing they need to succeed. Whether you’re a new investor just starting out or an experienced professional seeking larger loan amounts and more flexibility, we have loan options to meet your needs. Contact us today to learn more about our hard money loans and to begin the application process.
SFR, Condo and 2-4 units
1st Liens
- Up to 75% LTV.
- Rates from 9.99%.
- 12 – 24 months loan term.
- Minimum 600 FICO, lower – exception only.
2nd Liens
- Up to 65% CLTV.
Multifamify
1st Liens
- Loan-to-Value (LTV) up to 75%.
- Interest rates starting from 9.99%.
- Loan term options ranging from 12 to 24 months.
- Minimum FICO score of 600, with exceptions considered for lower scores.
2nd Liens
- Combined Loan-to-Value (CLTV) up to 65%.
- Customized financing solutions tailored to your specific needs and circumstances.
Residential
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Commercial loan options
1st Liens
- Loan-to-Value (LTV) up to 75%.
- Starting interest rate from 9.99%.
- Loan term options ranging from 12 to 24 months.
- Minimum FICO score of 600, with exceptions considered for lower scores.
2nd Liens
- Combined Loan-to-Value (CLTV) up to 65%.
- Requires a conventional bank 1st lien, with the bank agreeing to subordinate our junior lien.
- Ideal for businesses seeking additional financing or working capital.
Commercial
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At LBC Capital, we offer flexible fix-and-flip loan options for residential properties (1-4 units) to help you turn your renovation projects into profitable investments.
Loan terms
- Loan-to-Construction (LTC) up to 85%.
- Loan-to-After-Repair Value (LTARV) up to 65%.
- Starting interest rate from 10%.
- Minimum credit score of 640.
- Loan term options: 12 months, with longer terms available depending on the specific scenario.
Eligibility
- “No-experience” flippers considered on a case-by-case basis
- Marketable location is a requirement
Fix and Flip
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General guidelines
- Loan Amount: $150,000 to $25,000,000.
- Loan Term: 12 months, interest-only, with longer terms available in some cases (up to 24 months).
- Credit Score: Not credit score driven, making it accessible to a wider range of borrowers.
- Prepayment Premium: Case by case basis.
- Broker Fees: Minimum of 2 points, case by case.
- Lender Fees: Average of $2,500.
- Other Fees: Valuation and due diligence fees vary depending on the transaction.
Underwriting guidelines
- Experience: First-time investors have a maximum LTV of 65%.
- Income Verification: Simple documentation required.
- Down Payment: No source or equity required.
- Appraisal Process: We offer a streamlined process and cost, contact your Account Executive to learn more.
- Impounds: None.
- Foreign Investors: Maximum LTV of 65%.
Bridge Loans
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Fast and flexible financing for your real estate investment projects in Illinios
Explore agile and flexible financing solutions tailored for your Illinios real estate endeavors with LBC Capital. Our comprehensive range of hard money loans, backed by property, includes options like fix and flip loans, bridge loans, and construction loans. Our dedicated team of experts will carefully evaluate your needs and expertly navigate you through the entire loan process. Enhance your real estate journey by contacting us today and opening the door to personalized financial success.