Category: | Mortgage Lender |
Address: | 11770 Bernardo Plaza Ct #205, San Diego, CA 92128 |
Phone: | +1 888-334-6636 |
Site: | hardmoneyfirst.com |
Rating: | 4.9 |
Working: | 8AM–5PM 8AM–5PM 8AM–5PM 8AM–5PM 8AM–5PM Closed Closed |
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Bruce Williams
To whom it may Concern: We recently reached out to Source-Capital to procure financing for a building owned by a client of mine dealing with a messy probate situation. An 8-year probate nightmare with numerous lawyers and a myriad of unresolved issues. Little did I know, there were more significant challenges that we would need to overcome along the way. Sacha was most helpful from the beginning of the process all the way to the end. It was obvious we were more than just another deal to be closed. Source Capital really cared about what my client was going through. Sacha helped my client arrive at a realistic assessment of the value of their property while providing various options fulfilling specialized requests. Because of his advice and direction, a potentially turbulent file has been delicately maneuvered through the minutiae of requisite Court approvals and various Title issues. All in all, Sacha and his team have been very knowledgeable about the whole process of obtaining financing and everything was explained in detail, step-by-step. Sacha always took my phone calls when we had questions or needed clarification. Irregardless of the query, we had an answer which allowed us to move forward. I would be remiss not to mention Jhoybell, who pleasantly answers the phone giving assistance, direction and encouragement when needed. Her service was impeccable and her warmth and genuine interest in our file was very much appreciated. We might have never been able to pull this off without Sacha and the Source Capital team. They are true professionals. I wouldn’t hesitate to recommend these guys PERIOD! THANKS AGAIN!
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Paula Cavy
I wanted to do cash out refinance on my home as I was looking to expand my family business. I called Source Capital I talked to Sacha Ferranti and told him what I wanted to do. I told him my credit was not good as it showed a foreclosure a year ago. I asked him if it was possible to get cash out refinance with my credit. Sacha told me he was the lender, he also told me not to worry that he will get me approved within 24 hours. He was amazing; and I had a commitment before the end of the day. I was not aware of any title issues on my property until they pulled a preliminary title. This was becoming the loan for hell, with all the title problems, the foreclosure, my low credit score and my lack of income. Sacha was a tremendous help me and was very proactive, one by one he cleared all the problems. The loan would have funded in 10 days as he had promised, but because of the title problems we had to wait until title had cleared the issues. Every time a new problem popped Sacha was there letting me know that he would solve it for me. He kept telling me not to worry and that everything would be fine. I am happy to say, my loan funded on September 5, 2017. I personally was in the mortgage loan origination business for over 35 years. I have seen many difficult loans and have funded many tough loans myself. Sacha was truly professional, and made a very tough loan run smoothly, I truly believe that this loan would not have funded if not for Sacha and “Source Capital”. Thank you very much Sacha, you were great and I will recommend you to everyone I know.
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Conrad Kuyawa
I got two hard money loans from Sacha at Source Capital. I haven’t had any problems with him or the company. Each time I spoke with Sacha he always came off very professional and to the point. He answered my phone calls and emails usually within the same day which made me comfortable to know that my loan was moving forward towards funding, or if anything else was needed. On one occasion I called in and was unable to speak with Sacha because he was out of the office. However, I spoke with Pat who was well informed about my loan and he was able to tell me what my loan status was. It’s nice to call a company and talk to people who know about your loan immediately and can give you information--especially when timing is so important. You’re not on hold when you call in and people you talk to know who you are, if you have submitted an application and are moving forward in the process. On both occasions the funding came in on time and I was able to purchase an additional piece of property which turned out to be a great success. If I need another hard money loan I will be coming back again! Highly recommended!
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Jonathan Tigon
Honest and Flexible! I strongly recommend Sacha in Source Capital Lending with whom I have worked several times. Sacha is very honest -- the fees and interest rate are very reasonable for a HML, and there are no annoying and expensive fees and points beyond what is initially discussed. Further, Sacha is flexible and helped a lot when I needed his help when converting his HML loan to a conventional loan with one of the traditional lenders. He does not charge prepayment penalties and did not give me any hurdles when I refinanced his loan with the other lender. Further, at another occasion when I refinanced his loans in house, his points for the refinance were also very reasonable. Sacha gets the job done quickly, and I know I can always count on him when there is a good investment opportunity and I need the cash quickly.
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Mary Reiland
As an investor in real estate my liquid assets I was not able to re-invest as rapidly as I had hoped. With the help of Ryan Burns at Source Capital Funding I was able to quickly re-invest my monies into properties to free up my dollars. They were very responsive and able to meet my financial needs quickly and honestly. Their attention to detail was much appreciated and they kept the paperwork to a minimum. I will be using their services many times in the future. I highly recommend them to anyone that is looking for investment capital for residential or commercial properties. I currently have an associate that is planning to build a commercial property and plans to obtain additional funding from Source Capital. Thank you Ryan.
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Elizabeth Lilley
As a first time borrower I was not quite sure what to expect. To say the least, I had a lot of questions. I quickly discovered that Source Capital funding had the answers. Honest answers. I was able to work directly with the lender who made it a point to make sure that I received the best loan for my personal project and situation. Source capital funding is made up of a team of people who worked diligently in my behalf. They were always available to answer my questions, emails and phone calls. I would highly recommend Source Capital funding over any other lender. If you are looking for a smooth transaction from a company that you can trust, Source Capital funding is the way to go. Thank You!
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Paul Lockwood
My experience with Source Capital has been wonderful, everything I had hoped for. Sacha and the team are 100% professional, honest, and extremely knowledgeable. The first time I worked with Sacha he took the time to explain the entire process and answered all my questions. In all my transactions with Source Capital, they have always been transparent with the details and upfront. The careful due diligence they perform on my transactions gives me great confidence and shows that Sacha is someone who really cares about doing things with integrity. He truly looks out for us. I know I’m in good hands and look forward to working with them for years to come.
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Peter Kim
I had the wonderful privilege to have worked with Ryan Burns at Source Capital Funding. We were in need of some cash to remodel and purchase a second investment property, and Ryan was not too far from perfection in providing the right help and advise to quickly acquire the necessary funds to accomplish our business plans. He was able to approve and fund the loan within matter of days. Today, we are in good shape to get approved on a conventional loan for a second investment property, thanks to Source Capital and its valuable representative, Ryan Burns. If you are in need of quick cash and have dreams to fulfill, you need not look very far.
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Brian Schefers
Wow, where do I begin. We live in Minnesota. We had found a home we wanted to purchase to rehab but needed the funding right away to close the deal. We then started searching for different lending options. We were very grateful that we found Source Capital Funding, Inc. Source Capital Funding, was very professional, easy to work with, friendly and they did what they said they would do in our short time frame. We needed help fast, and they were there every step of the way. A big Thank-You to Ryan, who stepped up to the plate and helped us make a Grand-Slam, Home Run! We definitely would recommend them to anyone.
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Steven Kline
Sacha and his Staff were very professional in all of their dealings with me. They provided the refinance of my principal residence. I appreciate the input they allowed me to provide so that we were able to close my loan as they had agreed from our very first conversation. Sacha took a personal interest in my specific needs and tailored his resources to make my loan happen even increasing the amount of funds needed to fit my changing requirements. I heartily recommend them to anyone wanting a loan that wants to be treated fairly and professionally. I will utilize their services again in the future.
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Richard Butler
Sacha and everyone at Source Capital were friendly, efficient, professional, and easy to work with. Due to circumstances of my own making, I was forced to use a hard money lender. The loan was explained in detail to me, and I knew exactly what I was getting in to. The only issues I had with the whole process were ones created by my bank and Sacha and Marie were very patient, understanding and helpful. I wish that doing business at my own banks were as easy and pleasant as dealing with Sacha and company. If I am in need of a hard money loan again, I will not hesitate to use Source Capital.
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Wendi Winegardner
I have been a customer of Source Capital Funding since 2011. To begin, they helped me in an urgent time of need. They provided me with assistance in obtaining a mortgage when my credit would not allow for any traditional loans. Not only did they come through with a very fair interest rate, they also helped me close in 2 weeks! Now, after 3 years of providing me with outstanding service, they have gone the extra mile to renew my loan and take a world of worries off my shoulders. I would HIGHLY recommend them to anyone looking for assistance. They have been nothing short of amazing.
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Roger Rombawa
This was my third time to borrow money from Source Capital and almost most of the time Sacha Ferrandi has helped me a great deal. He responded to any of my questions and helped me get a discount on the rate. It was a fast turn around if you need money fast. He will do anything to help you get started specially if you are trying to flip houses. I highly recommended their services. If you need money fast, Source Capital is there! Talked to Sacha and all fear is clear. He will get you the money, pre-approval is fast. So you are on your way to flip houses to get your profit fast.
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llaluna0308
Source Capital and in particular, Sachi and Marie were so extremely helpful! Not only did they get my loan approved and processed in a very quick manner, but they were there via phone and email for all my questions no matter how small. I have never done a hard money loan before and was nervous, but they explained everything and there were no hidden surprises! They also had great recommendations for people I needed to contact and how to go about clearing some of my credit issues. Excellent company!! I would use them again! Thanks again Sacha and Marie!
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Philip Giacalone
I am relatively new to the world of private money lending and approached Source Capital with many questions. Sacha was both patient and thorough, and took as much time as necessary to answer all of my questions. Those initial conversations gave me comfort about the honesty, professionalism, and integrity of Sacha and his team. Since then, Source Capital has successfully closed two investment loans for me. I have found the entire staff at Source Capital, and at Red Leaf Management, to be friendly, honest, professional and efficient. I highly recommend them.
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David Ruberto
I was really impressed with our experience with Source Capital Funding and with the great people (Sacha Ferrandi ). They are professional, courteous and go out of their way to help. During the entire process Sacha kept me updated, returned all my emails and phone calls right away. He made our loan experience as effortless as possible and I truly thank him for that. They were a pleasure to work with and I highly recommend them to anyone in need of funding. Do not waste your time on anyone else, give Sacha Ferrandi a call.
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Ralf Symanzick
In my last real estate rehab project in Vallejo, CA I went far over budget due to incompetent city authorities and other parties working on it. I run out of cash and needed a bridge loan to finish the project and until property is being sold. I went in touch with several hard money lenders. Finally I found help and best services with "Source Capital Funding". I do certainly appreciate "Source Capital Funding, Inc. of San Diego" excellent service and honesty of doing business. This is in this trade not always granted!