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About Charleston Hard Money Loans
The Charleston division of Optimus Capital Corp, a relationship-driven hard money lender that works only with real estate investors.
Who we are
Charleston Hard Money Loans lends to real estate investors in Charleston, North Charleston, Mount Pleasant, Summerville and the rest of South Carolina. We are part of Optimus Capital Corp, a nationwide hard money lender, which gives Charleston investors a lender that knows the local rules and the lending capacity of a national company.
We finance long-term and mid-term rentals, permitted vacation rentals, new construction, fix and flips, rental portfolios and commercial property. We do not finance homes that the borrower will live in.
How we work
Lending here is built on relationships. You get a clear answer on what a deal qualifies for, a loan that is pre-underwritten in-house so it funds right the first time, and a second set of eyes on your numbers before you commit to them.
- Rental loans close in about 30 days, appraisal included
- Fix and flip loans average up to 21 days and can close in about 7 days once title and insurance are ready
- We go through the price, the income or budget and the exit with you
- No limit on how many loans one investor can hold with us
Your lender
Andrew Shanti
Senior Vice President
Andrew has worked in lending and real estate since 2005 as a principal, executive and investor, across residential and commercial property.
His background includes off-market commercial real estate, where he has facilitated more than $25 billion in offers for clients that include high net worth individuals and hedge funds.
Away from work, Andrew hangs out with his Rhodesian Ridgeback, Harley, and his Goldendoodle, Brodie, and spends time with his wife and their four cats, two guinea pigs and two rabbits.
What clients say about Andrew
Andrew Shanti with Optimus Capital has been exceptional to work with. Over the past several years, I have closed numerous transactions with Andrew on behalf of sophisticated real estate investors, and his performance has been consistently outstanding. [...] Every transaction I have been involved with Andrew at Optimus Capital has closed, including many requiring thoughtful structuring and creative solutions due to their challenging nature.
Maria McKee, Premier Sotheby’s International Realty, Google review of Optimus Capital
Just completed a rental portfolio refi with Optimus. Andrew and Daisy were amazing to work with and helped me work through every challenge quickly and with clear understanding.
Zachary Hagan, Google review of Optimus Capital
These reviews were left for Optimus Capital, our parent company, about Andrew Shanti. Read all of the Optimus Capital reviews on Google.
Loan programs
| Program | Use it for | Top leverage |
|---|---|---|
| DSCR rental loans | Purchase or refinance of long-term rentals, mid-term rentals, condos and permitted vacation rentals | 85% loan-to-value to buy, 80% on a cash-out refinance |
| Ground-up construction loans | Building a home or rental from the ground up, with the lot included | 90% of cost for experienced builders, up to 70 to 75% of the finished value |
| Fix and flip loans | Purchase plus renovation of a property you intend to sell | 90% of the purchase price and 100% of the rehab, up to 70 to 75% of after-repair value |
| Portfolio and commercial loans | A group of rentals under one note, or multifamily and commercial property | 80% on a portfolio purchase; commercial priced per deal |
Talk to Andrew about your deal
Send the address, the price and what you plan to do with the property. We will reply with the leverage and pricing that fit your deal.