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Conventus

San Francisco, CA·Founded 2015·Nationwide
Visit website ↗(415) 449-4998
San Francisco-based direct private lender founded in 2015 by ex-Goldman Sachs MD. $11.2B+ originated across 45 states on residential and multifamily bridge, fix-and-flip, construction, and DSCR rental loans.
Conventus describing itself

Loan programs

Fix & Flip

$150K – $100M
Term
6 mo – 60 mo
Rate
9% – 12.99%
Amortization
Interest-Only
Maximum leverage
Max LTV 80%Max LTC 80%Max ARV 70%Max LTCV 70%Max LTP 85%
Eligible property types
Multifamily (5+) · Land & Lots

Ground-Up Construction

$150K – $100M
Term
60 mo
Rate
—
Amortization
ARM
Maximum leverage
Max LTV 80%Max LTC 80%Max ARV 70%Max LTCV 70%
Eligible property types
Multifamily (5+)

DSCR / Long-Term Rental

$150K – $100M
Term
30 yr
Rate
9% – 12.99%
Amortization
30-Year Fixed, ARM, Interest-Only
Maximum leverage
Max LTV 80%Max LTP 75%
Eligible property types
Condo / Townhome / PUD · Multifamily (5+) · Short-Term Rental (STR)

Bridge

—
Term
—
Rate
—
Maximum leverage
Max LTV 80%Max LTP 90%

Commercial

—
Term
—
Rate
—

Fix to Rent (BRRRR)

—
Term
—
Rate
—
Maximum leverage
Max LTC 100%Max ARV 70%Max LTP 90%

Land & Lot

—
Term
—
Rate
—

Multifamily

—
Term
—
Rate
—

Rental Portfolio / Blanket

—
Term
—
Rate
—

Transactional Funding

—
Term
—
Rate
—

Terms & qualification

Typical loan size
$150K – $100M
Typical term
6 mo – 60 mo
Interest rate
9% – 12.99%
Origination / points
0% to 2%
Minimum FICO
660
Lien position
1st, 2nd
Prepayment penalty
no
Payment structure
Interest Only
Recourse
Sometimes
Closing speed
10 days typical · 5 days fastest
Prepayment structure
Step-down, Minimum interest, None
Cross-collateral
Yes
Equity / JV capital
No
Income documentation
No W-2s or Tax Returns Required. Qualifying is asset-based; personal debt-to-income ratios are not evaluated.
Borrower entity
LLC or Corporation Required. All loans must be closed under a business entity; not available to individuals.
Experience required
All Tiers Accepted. New investors qualify; experienced investors with 3+ prior exits unlock preferred leverage and rate tiers.

Property types

Condo / Townhome / PUDMultifamily (5+)Land & LotsShort-Term Rental (STR)2–4 Unit ResidentialMobile / ManufacturedMixed-UseSingle-Family (SFR)

Lending footprint

AKALARAZCACOCTDCDEFLGAHIIDILINKSKYLAMAMDMEMIMOMSMTNCNENHNJNMNYOHOKORPARISCTNTXUTVTWAWIWY

Explicitly excluded: IA, MN, ND, NV, SD, VA, WV

Sources

This record was compiled from the public pages below. Figures reflect what each source published when it was retrieved and are not a quote — confirm current terms with the lender.