General Guidelines
| Location | California Only |
|---|---|
| Loan Amount | $150,000 to $20+ Million |
| Interest Rate | Starting at 8% |
| Loan Fee | Starting at 1% (depends on loan term) |
| Loan Term | Up to 24 Months |
| Lien Position | First Lien Only |
| Experience | Must have prior experience (no first-time investors) |
| Purpose | Business Purposes Only |
| Occupancy | Non-owner Occupied Only |
| Prepayment Penalty | None |
| Appraisals | Not Required |
| Subordinated Loans | Allowed |
| Borrower Type | Legal Business Entites (LLC, Inc., LP, etc.) and individuals |
| Credit Score | No Minimum FICO Requirements |
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Fix & Flip
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Construction
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Bridge
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Rental Rehab
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Property Types
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Single Family Detached Condos/Townhomes 2+ Unit Multi-Family
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Single Family Detached Condos/Townhomes 2+ Unit Multi-Family
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Single Family Detached Condos/Townhomes 2+ Unit Multi-Family No Unimproved Land
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Single Family Detached Condos/Townhomes 2+ Unit Multi-Family
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Loan Purpose
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Acquisition or Rehab
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Ground Up Construction (shovel ready)
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Acquisition (while obtaining permits), Cash-Out Refinance or Income Stabilization
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Acquisition or Rehab
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Loan To Purchase or As-In Value (AIV)
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Up to 90%
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Up to 75%
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Up to 75%
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Up to 80%
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Loan To After Repair or Completed Value (ARV)
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Up to 80%
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Up to 75%
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Up to 75%
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Up to 80%
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Rehab or Construction Financing
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Up to 100% of Rehab Budget
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Up to 75% of Total Project Budget, Including Financing
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Not Applicable
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Up to 100% of Rehab Budget
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Closing Time
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Approx. 5 Days
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Approx. 14 Days
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Approx. 5 Days
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Approx. 5 Days
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Personal Guarantee
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None
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Completion, Environmental, and Bad Acts
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Bad Acts Only
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Bad Acts Only
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Interest Payments
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Interest-Only Paid Monthly
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Interest-Only Paid Monthly from Interest Reserve
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Interest-Only Paid Monthly
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Interest-Only Paid Monthly
Fix & Flip
Property Types
Single Family Detached Condos/Townhomes 2+ Unit Multi-Family
Loan Purpose
Acquisition or Rehab
Loan To Purchase or As-In Value (AIV)
Up to 90%
Loan To After Repair or Completed Value (ARV)
Up to 80%
Rehab or Construction Financing
Up to 100% of Rehab Budget
Closing Time
Approx. 5 Days
Personal Guarantee
None
Property Types
Interest-Only Paid Monthly
Construction
Property Types
Single Family Detached Condos/Townhomes 2+ Unit Multi-Family
Loan Purpose
Ground Up Construction (shovel ready)
Loan To Purchase or As-In Value (AIV)
Up to 75%
Loan To After Repair or Completed Value (ARV)
Up to 75%
Rehab or Construction Financing
Up to 75% of Total Project Budget, Including Financing
Closing Time
Approx. 14 Days
Personal Guarantee
Completion, Environmental, and Bad Acts
Interest Payments
Interest-Only Paid Monthly from Interest Reserve
Bridge
Property Types
Single Family Detached Condos/Townhomes 2+ Unit Multi-Family No Unimproved Land
Loan Purpose
Acquisition (while obtaining permits), Cash-Out Refinance or Income Stabilization
Loan To Purchase or As-In Value (AIV)
Up to 75%
Loan To After Repair or Completed Value (ARV)
Up to 75%
Rehab or Construction Financing
Not Applicable
Closing Time
Approx. 5 Days
Personal Guarantee
Bad Acts Only
Interest Payments
Interest-Only Paid Monthly
Rental Rehab
Property Types
Single Family Detached Condos/Townhomes 2+ Unit Multi-Family
Loan Purpose
Acquisition or Rehab
Loan To Purchase or As-In Value (AIV)
Up to 80%
Loan To After Repair or Completed Value (ARV)
Up to 80%
Rehab or Construction Financing
Up to 100% of Rehab Budget
Closing Time
Approx. 5 Days
Personal Guarantee
Bad Acts Only
Interest Payments
Interest-Only Paid Monthly
Ready To Get Started?
Pivotal Capital is here to help get your project started. Call us, email us, or fill in our loan application and a staff member will contact you to get the loan you need today.
APPLY FOR A LOAN