Source Capital Funding is a hard money lender specializing in hard money real estate loans for residential and commercial properties. Loans are offered for single-family residence, office and retail, multifamily properties, condominium or apartment, and complete rehabs or remodel.
Source Capital Funding, Inc. charges origination fees starting from 1.75% and there are no pre-payment penalty fees. There is also a fixed Document Preparation Fee of $1,975 regardless of the loan amount.
As each loan is different, Source Capital Funding, Inc. provides an online application form on their website for you to have all your questions answered.
$20,000 - $5,000,000
Up to 70%
Up to 36 Months
Pros: Will offer loans to foreigner nationals, self-employed, or borrowers with poor credit, bankruptcy, foreclosure.
Cons: Does not fund loans for purchasing a private residence, only lends in 6 states.
Bottomline: Source Capital Funding, Inc. offers loans on a wide variety of property types at competitive rates.
San Diego, California
Number of Employees
2 - 10
1 (888) 249-6957
How can I apply for a loan with Source Capital Funding, Inc.?
You can apply online on Source Capital Funding, Inc.'s website, call their toll-free number, or chat with them online.
How long does it take to get a loan from Source Capital Funding, Inc.?
Source Capital Funding, Inc. will typically respond with a commitment letter within 24 hours of receiving your online application. If approved, they will close your loan within 7-10 days.
What types of real estate properties can I loan on?
- Residential properties, such as condominiums, 1-4 unit properties, and multifamily properties.
- Commercial properties, such as retail and strip malls.
- Industrial properties.
What areas does Source Capital Funding, Inc. service?