Legacy Capital, LLC

Our diverse portfolio relationships allow us to finance properties and borrowers that may not fit the traditional lending guidelines. Our lending experience in mortgage loans and managing all types of construction,commercial, and non-conforming loans enables us to make fast lending decisions. We offer a diverse product mix along with superior service, where decisions and funding will occur promptly.

We are proud to offer portfolio lending for:

  • Custom & Spec Construction, 1-8 units
  • Land Acquisition and Development
  • Rehab Loans
  • Commercial Loans
  • Residential Loans

Unlike other portfolio lenders in the area, Legacy Capital is composed of people who have been involved in all levels of real estate finance. With over 60 years of combined experience, we know real estate and understand the various types of lending needs in the real estate market. No matter what your need, Legacy Capital would like to see if there is a solution that is right for you. Contact the Capital Lending group to get your portfolio started or to answer any questions you may have.

Capital Client Success Stories

2 Months and 30% Equity Gained

A client needed to purchase a bank owned property which the appraisal listed in poor condition. They needed to bring the home up to conventional lendable standards but had extremely limited funds needed for a traditional construction loan. However, they did have good employment, credit and income so they could qualify for a long term mortgage.

Legacy Capital, LLC provided a 2 month re-hab loan allowing the client's parents to provide additional collateral in the form of property and cash. This collateral was released back to the parents upon the repairs being met and the home being refinanced into conventional long term financing.

The completed value of the home gave the borrower a greater than 30% equity position in the property while having less than 3% of their own funds into the purchase and re-hab.

Completed Value Used to Determine Loan Amount

A borrower purchased a four unit investment property at auction, however, it was unlivable due to needed septic repairs and other cosmetic improvements. Our clients could not find a Non-Owner Occupied four unit construction loan to provide the funds needed.

Legacy Capital, LLC utilized the completed value of the project to determine the loan amount (Auction debt payoff + septic repair + other needed improvements). This allowed the the borrower to retain cash reserves for long term financing of their other investment purchases.

The investors retained a 40% equity position in the property upon completion.