FIND
OUR LOCATION
23586 Calabasas Rd., Ste. 100
Calabasas, CA 91302
Calabasas, CA 91302
Office
(818) 702-2551
75,000 Sq. Ft. Office
$15,000,000 Loan Amount - Refinance
70 Unit Apartment Building
$3,000,000 Loan Amount - Refinance
13 unit Apartment Building
$2,520,000 Loan Amount - Purchase
Non Owner - SFR
$3,100,000 Loan Amount - Refinance
5 Unity Apartment Building
$1,800,000 Loan Amount
Cross-Collaterilization
Refinance - $19,400,000 Loan Amount
15,616 Sq. Ft. Commercial
Purchase - $2,700,000 Loan Amount
5 Unit Apartment
Refinance - $1,000,000 Loan Amount
Non Owner SFR
$19,400,000 Loan Amount - Refinance
4,700 Sq. Ft. Commercial Building
$1,000,000 Loan Amount - Refinance
6,000 Sq. Ft. Commercial
$1,000,000 Loan Amount - Purchase
8,665 Sq. Ft. Commercial
$5,500,000 Loan Amount - Refinance
134 Unit Commercial Building
$6,500,000 Loan Amount - Refinance
Non Owner SFR
$4,000,000 Loan Amount - Refinance
8,811 Sq. Ft. Commercial Building
$4,150,000 Loan Amount - Refinance
Non owner - SFR
$12,200,000 Loan Amount - Refinance
39,199 Sq. Ft. Commercial / Retail
$2,000,000 Loan Amount - Purchase
8 Unit Apartment Building
$1,025,000 Loan Amount - Refinance
Private Mortgage Fund, LLC (“PMF”) is a privately funded lending source which fills the gap for borrowers unable to obtain conventional financing. Despite a loosened credit environment, there are still a variety of reasons why a borrower will need the form of financing we provide. Our main criteria is to lend against properties only located in California, to be in 1st position only and not to exceed 60% loan to value. Our mission is to create safety for our investors while providing an attractive yield. To achieve this, we do look at the strength of each borrower, however, our main focus is that there is no less than 40% equity remaining after our loan has been made.
PMF does not market itself to investors. Rather, our growth comes from existing investors whom add to their investments, or from those potential investors referred to us. Investors are entitled to view our annual audits, prior year's tax returns, current loan summary, recorded Deeds of Trust and monthly reports via our investor secured website. In addition to semi-annual reports from management, investors also receive monthly reporting which details the prior month’s performance. Within a day or two thereafter, investors receive an automatic deposit via ACH directly into their designated account. Transparency is very important to us.
Another attractive feature for investors is “liquidity”. We ask for a one year commitment, yet have always found ourselves in a position to redeem an investor’s interest within 24 hours. While we cannot guarantee that this will always be the case, we have two methods in which an investor may exit, either through new investors waiting to enter the Fund, or through loan payoff’s.
Investors are entitled to the full yield of the Fund less a 1.1% management fee. Day to day operating expenses, accounting costs, our annual audit and 3rd party servicing fees are paid from the management fee.
For more information, please feel free to contact us.
References provided upon request.
Private Mortgage Fund, LLC was formed in 2009 with the mission of providing fast and reliable debt to the real estate owner. Our loan programs offer flexibility of terms and a quick decision making process, regardless of how simple or complex the transaction may be. Unlike many other short term lenders, PMF funds its loans from cash on hand rather than syndicating loans to individuals or groups of investors. Our team of principals have over 75 years of combined experience in commercial and single family lending, brokerage, marketing and property management which enables us to understand transactions and act quickly.