Loan Programs
Looking for a customized loan program that fits perfectly? Explore our unique hard money loan options, each designed to meet different investment goals. Contact us for a no-obligation consultation.
Programs
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.
MULTIFAMILY
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 Lending Bee Inc, 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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Steps to Obtain a Loan - What You Need to Know
While the specifics of real estate investment can differ, there are several fundamental steps that are consistent when applying for a hard money loan.
Pre-approval
Are you looking to make the most of your real estate investment with quick and flexible funding? Lending Bee's hard money loans might be the answer for you. These loans come with no prepayment penalties, allowing you to pay off your debt early if desired. Even if your credit score isn't perfect, you could still qualify. Whether you're a first-time investor or expanding your portfolio, our loans offer a viable solution.
Points
Borrowers can choose to pay points, which are fees calculated as a percentage of the loan amount, to lower the loan's interest rate. Although this requires an upfront fee, it can lead to long-term savings through reduced interest payments. Our loan advisors can help determine if this option suits your financial strategy.
Loan Application
To apply for a loan, you'll need to provide detailed information about yourself, your financial status, and the property you want to finance. Our dedicated team will thoroughly review your submission, including your credit history, to ensure all necessary criteria are met.
Down Payment
We generally require a down payment to demonstrate your commitment and share in the investment's risk. The specific amount depends on your loan details and personal circumstances. Our loan-to-value (LTV) ratio can be as high as 80%.
Appraisal
An appraisal is conducted to assess the property's market value. This process evaluates comparable property prices in the area to ensure an accurate and fair valuation.
Securing a Rate
With the possibility of hard money loan rates fluctuating, we guarantee the rate quoted to you at the time you lock in your loan rate. Our rates start from 9.99%.
Loan Review Process
Following the appraisal, we will conduct a detailed review of your loan application, ensuring all aspects comply with our lending policies and align with your investment objectives.
Signing
Once all preparations are complete, the documents will be sent to a title company for you to sign. At this stage, any remaining fees or funds will be due.
Unlock the Power of Fast and Flexible Financing in San Diego
At Lending Bee Inc., we’re revolutionizing the way you finance your real estate investment projects in San Diego. Our cutting-edge approach to hard money lending offers a range of innovative solutions, from fix and flip loans to bridge loans and construction loans, all secured by the value of your properties.
Our team of experts will work closely with you to understand your unique needs and goals, providing a personalized financing experience that streamlines the loan process. With Lending Bee Inc., you can trust that your financial journey is in good hands.
Whether you’re looking to flip a property, bridge a financial gap, or fund a new construction project, our flexible financing solutions can help you achieve your vision. Don’t let funding hold you back – contact us today and discover how our expert team can help you unlock the door to success.”