Caelum Funding's Lending Guidelines

We offer private money bridge financing on investment real estate in all major metropolitan areas throughout the State of California.

The Basics

• Loan Amounts:

• $100k - $5 million   

• LTV:  up to 75%

• LTC: up to 80%

• Interest Rates: 6.99-11.99%

• Fees: 1.5 - 3 points

• Loan Position: 1st, 2nd, or 3rd    

• Loan Term:  12- 60 months

• California Only

Property Types

• Single Family Homes

• Condominium

• Multifamily 2-4 Units

• Apartments 5+ Units

• Office Buildings

• Retail Properties

• Industrial

• Medical

• Raw Land (Urban Areas)

Loan Types

• Purchase

• Refinance

• Equity Cash out

• Bridge Loan

• 2nd Mortgage

• Rehab Fix & Flip

• New Construction

• Construction Completion

• Lender Participation

The Requirements

• Preliminary Title Report

• Loan Application

• Credit Report (to verify debt)

• Copies of Senior Loans / Mortgage Statement (for 2nds or 3rds)

• Leases / Financial Statements / Rent Roll (for commercial properties)

• For Rehab or Construction: approved plans, permits, budget

The Benefits

• No formal appraisals ( in most cases )

• No minimum FICO scores

• Competitive rates. fees, terms

• Can fund in 7-10 days or less

• Can lend throughout Texas, nationally or internationally

• Can use multiple properties as collateral