Pico Capital, LLC is a California based company providing secured loans to professional investors in commercial, mixed use, multi units and non-owner occupied residential properties. We also offer fix-and-flip loans to borrowers actively purchasing, improving and reselling properties.
- Rates as low as 8.000%
- No pre-payment penalty with 3 months minimum interest
- Up to 65% loan to value for most properties
- Up to 70% loan to value for borrowers with excellent credit and properties in prime locations
- Up to 75% loan to cost for fix-and-flip properties
- 1st position security only
- California properties only
- Non-consumer loans only
- Loans typically funded within 5 to 7 days of approval