About ZINC Financial
Founded in 2006, ZINC Financial (“ZINC”) is a California-based specialty licensed lender that originates private money loans to individuals in the real estate rehab & resale business. With a successful 18-year track record, ZINC’s loan programs include bridge, DSCR and ground up construction.
ZINC Financial is also the Managing Member of the ZINC Income Fund, which has been organised to make, purchase, originate, fund, acquire and/or otherwise sell loans secured by interests in real estate located across the United States to deliver attractive, risk adjusted monthly cash-on-cash returns to investors.
2 Decades of Experience
Leadership owns two decades of experience in real estate investment and lending, presiding approximately $1 Billion of private money rehab loans
Market Niche In Rehab Financing
Market niche in rehab financing fulfils a much-needed capital source for investors in the real estate space
Underwriting Guidelines
Strict valuations, underwriting guidelines and rigorous fraud protection underpin every transaction
ZINC’s Typical Loan Characteristics
LOAN TYPE
- Business purpose loans for real estate investors including bridge and construction
PROPERTY TYPE
- Usually single-family residences or smaller income type properties i.e. 1-8 unit apartments
GEOGRAPHY
- Primarily in non-judicial West Coast states with a mild presence in other favorable states
BORROWER
- Typically have some element of exposure in real estate investment, rehab, or construction
- Understand the basic elements of short term financing, valuations, construction, and local real estate markets
LOAN-TO-VALUE
- Generally loans up to 80-90% of the acquisition cost not to exceed 70% of the After Repaired Value (“ARV”)
DOWN PAYMENT
- Average 20% cash down payment by the investor
RATES & FEES
- Interest rates range from 10.5% to 13%
- Fees and origination points range from 1-3% of the loan amount
TERM
- Interest rates range from 10.5% to 13%
- Monthly payments are required
REHAB FINANCING
- Option for financing of construction costs within the loan.
- If any portion of rehab is financed; the entire rehab budget is escrowed in a “control fund”
- Tight restrictions on when funds are disbursed subject to certain milestone achievements
ZINC’s Track Record
ZINC’s track record spreads across 18 years with a history of delivering attractive, stabilised returns to investors with protection of their principal being the primary focus.
8.03%
Return Since Fund Inception
$1 Billion
Loans Funded
1600
Total Loans Funded
$0
Principal Losses in Fund