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PrideCo Loans Inc.

Newport Beach, CA·2 states

Loan programs

Offers— no published terms

Terms & qualification

Typical loan size
$150K – $3M
Typical term
6 mo – 18 mo
Interest rate
10.5% – 12%
Origination / points
1% to 2%
Lien position
1st
Prepayment penalty
2 months guaranteed interest
Payment structure
Interest Only
Recourse
Always
Closing speed
5 days typical · 1 days fastest
Cross-collateral
Yes
Equity / JV capital
No
Income documentation
Credit Report, Loan Application
Borrower entity
Individual(s), LLC, Limited Partnership, Trust, Corporation

Property types

Lending footprint