← All lendersSJ Morgan Private Lending Exchange describing itself
SJ Morgan Private Lending Exchange
Modesto, CA·1 state
The SJ Morgan Private Lending Exchange is a private / hard money lending company that offers loans secured by residential and commercial real estate throughout California.
Loan programs
Offers— no published terms
Terms & qualification
- Typical loan size
- $50K – $1M
- Typical term
- 3 mo – 15 yr
- Interest rate
- 9% – 14%
- Origination / points
- 2.75% to 4%
- Lien position
- 1st, 2nd
- Prepayment penalty
- 6 Month Prepayment Penalty on Hold,
- Payment structure
- Interest Only
- Recourse
- Always
- Closing speed
- 15 days typical · 7 days fastest
- 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