Crescent Lenders is a direct private money lender you can trust to work quickly for you and your client.
We primarily lend in California, but also entertain deals from other major cities across America.
Mortgage brokers, bankers and hard money lenders are all welcome partners.
We usually charge 2 points (depending on the size of the loan). This leaves enough room for you as the broker to get paid, and allows your client to get the funding they need to succeed.
Reputation is everything, come work with a lender you can trust, today and tomorrow.
- We protect your fees on the HUD statement
- $200K to $5 Million
- Up to 75% loan to value ratio
- Get funded in 5 to 7 days
- Over 10 years experience
|Interest Rates:||Starting @ 9.75% (interest only)|
|Closing Time:||5 to 7 Days|
|Location:||Anywhere in California|
|Loan-To-Value :||Up to 75% LTV|
|Amounts:||$200K to $5M|
|Origination Fee:||2 to 3 points, dependant on size and term|
|Lien Positions:||First Trust & Second Trust Deeds|
|Loan Term:||6 to 60 months (extensions available)|
- Single-family & Multi-family Investment Properties
- Retail Centers
- Office Buildings
- Industrial & Warehouse
- Hotels & Motels
- Healthcare & Assisted Living Facilities
- Special Purpose & Mixed Use
- Parking Garages & Lots
We expect you to be rational.
We are based in Los Angeles and primarily lend in California. However, we are open to lending in major cities across the USA if the deal is right.
Borrowers experience, purchase agreement, scope of work (if fix and flip or construction loan), and FICO score.
We are a transparent lender with competitive rates and typically fund loans in 5 to 7 days. We have experience funded hundreds of millions of dollars in the last decade. When you work with us you gain a long term business partner.
From start to finish, the approval process can take as little as 5 to 7 business days.
Rates are determined by:
We do your own analysis from recently sold comparable properties as well as have an appraiser visit the property.
The approval process involves a brief phone call with Russ, to collect general background information regarding your financing needs and history.
After this pre-approval phone call your information will be verified through our underwriting process.
Once verified we will send you a term sheet and if you accept, you will receive the funds in your account.
While credit score is a factor, bad credit is not a deal breaker as many factors are considered:
Crescent Lenders does not fund land, ground-up construction or owner-occupied projects.
Our maximum loan-to-value ratio is 75%.
Our loans start at $200K and go up to $5 million dollars.
We fund most property types, including:
Commercial & Retail
We fund both First Trust & Second Trust Deeds.
6 to 60 months, (extensions are available)
We do not require any upfront fees, but charge 2 to 3 points, depending on the size and term length of the loan and a $1500 underwriting fee.
Suite #116, 999 Overland Ave
Los Angeles, California