Freedom Legacy Lending is a direct private money lender funding fix and flip, DSCR rental, bridge, ground up construction and rental portfolio loans on non owner occupied 1 to 4 unit properties in California. Rates start at 7.5% for rentals and 10.5% for fix and flip, and most deals fund in about 3 weeks.
Our loan programs in California
| Program | Best for | Rates from |
|---|---|---|
| Fix and Flip | Buy, renovate and sell 1 to 4 unit homes. | 10.5% |
| DSCR Rental | Long term loans qualified on the rent, not your tax returns. | 7.5% |
| Bridge | Short term money for finished or rent ready properties. | 10.5% |
| Ground Up Construction | Build spec, infill and tear down homes from the ground up. | 11.5% |
| Rental Portfolio | One loan for several rentals in the same state. | 7.5% |
Points are 2.50 under $1M and 2.00 at $1M and up. Standard lender fees are shown up front on your term sheet.
Where we lend in California
We lend statewide, including:
- Los Angeles
- Orange County
- San Diego
- Inland Empire
- Sacramento
- Bay Area
- Fresno
What California investors should know
A local lender
Freedom Legacy Lending is based in Irvine and holds California DRE Broker License #01913573. When you call, you reach a team that knows California deals.
Built for higher price points
Fix and flip and ground up loans go up to $3.5M, and points drop from 2.50 to 2.00 on loans of $1M and up, which many California deals reach.
Making DSCR work at California prices
High prices compared to rents can make the 1.05x minimum DSCR harder to hit. A larger down payment lowers the payment and raises your DSCR. Run your numbers in the DSCR calculator before you submit.
Run your numbers first
See your DSCR, loan amount and cash to close with our free DSCR calculator and fix and flip calculator.
Questions
Do you lend in California?
Do you do home loans for a primary residence in California?
How large a loan can I get in California?
Can I do a cash out refinance on a California rental?
Free investor guide
Read Your Deal Like a Lender
A 14 page playbook from a direct lender. Learn how lenders size, score and fund 1 to 4 unit deals, so you can structure yours for the most leverage.
- The formula for your max offer price at full leverage
- DSCR math that tells you your loan size before you submit
- The BRRRR refinance test and the 180 day seasoning rule
- Ten deal killers, plus a printable Deal Worksheet
Get the free guide
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Have a deal in front of you?
Send the basics. You will hear from a loan officer, usually the same business day.