Stonecrest Financial
Proudly Doing Business Since 1986Direct Lender for California Real Estate
Founded in 1986, Stonecrest Financial is a private money lender located in San Jose, California.
We provide short term bridge loans to real estate investors across California.
Unlike traditional bank loans, we focus more on the underlying value of the asset and borrower's exit strategy rather than the borrower's credit score and income.
Since inception we have underwritten over $1 billion in loans for both commercial and residential real estate.
We are direct private money lenders with no middle men involved, ensuring you get a great interest rate with the low fees.
Closing can be done in as quickly as 1 week.
Lending Guidelines
- Amounts
- $100k - $5m
- Rates
- 7.99% - 10.99%
- LTV
- 70%
- LTC
- 75%
- Origination Fee
- 1.5% to 3%
- Term Length
- 3 to 36 months
- Closing Time
- 7 to 15 days
Loan & Property Types
- Loan Types
- Fix and Flip
- Bridge
- Probate
- Refinance
- Cash-out
- Property Types
- Auto Dealership
- Auto Repair
- Office
- Retail
- Mixed Use
- Storage Facility
- Winery
- 2 to 4 units
- Day Care
- Condominium
- Gym
- Health Care / Hospital
- Hotel / Hostel / Motel
- Multi-Family
- Place of Worship
- Single-Family
Loan Parameters & Fees
- Parameters
Credit check required
Interest-only loans
Lend to forgien nationals
Owner-occupied property allowed
Will lend on purchases from auctions
Does property have to be under contract
Will provide proof of funds letter
Has pre-payment penalities
Minimum FICO score
2nd position loans
Lends on land
Lends to first time borrowers
Lends on ground-up construction
- Fees
- Appraisal
- Underwriting
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