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Karpe Real Estate Center

Bakersfield, CA·Founded 1926·1 state
Karpe Real Estate Center is based in Bakersfield, Kern County, California. We have been funding and servicing private money (hard money) mortgage loans secured by real estate since 1926. As a direct private money (hard money) lending company, we specialize in a variety of lending solutions.
Karpe Real Estate Center describing itself

Loan programs

Offers— no published terms

Terms & qualification

Typical loan size
$30K – $2M
Typical term
6 mo – 60 mo
Interest rate
10.5% – 15%
Origination / points
2% to 10%
Lien position
1st
Prepayment penalty
Typically 3 months at 1% of the loan amount
Payment structure
Interest Only
Recourse
Always
Closing speed
14 days typical · 5 days fastest
Prepayment structure
None
Cross-collateral
Yes
Equity / JV capital
No
Income documentation
Credit Report, Tax Returns, Bank Statements, Financial Statements, Loan Application
Borrower entity
Individual(s), LLC, Limited Partnership, Trust, Corporation, Non-Profit Corporation, Self-Directed IRA

Property types

Lending footprint

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.