Asset-based private credit. Holly Springs, North Carolina.
Bridge loans for investors who buy, fix and sell.
Jacobsen Capital makes short-term, first-lien bridge loans to real estate investors in North Carolina and Virginia. Plain terms, an early yes or no, and funds wired to your closing attorney.
Selling a business? As a family office, we also buy owner-operated businesses and own them for the long term. How we buy businesses
Typical bridge loan
- Loan size
- Roughly $50,000 to $350,000
- Term
- 6 to 12 months
- Interest
- 10% to 12% annual, actual/360
- Points
- 1 to 3
- Lien
- First, on non-owner-occupied single-family
- Markets
- North Carolina and Virginia
Typical of loans we have made. Not an offer or a rate quote. Subject to underwriting.
02 / The office
A family office in Holly Springs, North Carolina.
Jacobsen Capital is the family office of its founder, Will Jacobsen. We provide asset-based private credit: short-term bridge loans secured by single-family real estate, made to investors and operators in North Carolina and Virginia.
Our aim is simple. Read the file, give an early yes or no, put every number in writing, and stay out of the way while you do the work.
The office also buys owner-operated businesses. If you are thinking about selling one, a short note through our inquiry form starts the conversation.
03 / Who we lend to
Who we lend to, and who we do not.
We make short-term, first-lien loans on non-owner-occupied single-family homes in North Carolina and Virginia. Our borrowers are investors and operators who know their market and need a lender who can keep up. We would rather be your lender on the fifth project than only the first.
A good fit
- Buying and renovating a single-family home to sell
- Borrowing through an LLC or other business entity
- A clear exit, by sale or refinance, within 6 to 12 months
- A closing attorney in place, or one you are ready to engage
Not a fit
- Your home, or any home you or your family will live in
- Personal, family or household loans of any kind
- Property outside North Carolina and Virginia
04 / Typical terms
Typical terms, in plain numbers.
These ranges describe loans we have made. Your terms depend on the property, the plan and your experience, and every loan is subject to underwriting.
- Loan size
- Roughly $50,000 to $350,000
- Term
- 6 to 12 months
- Interest
- 10% to 12% annual, actual/360
- Points
- 1 to 3
- Leverage
- Up to about 75% of purchase price
- Collateral
- First lien on non-owner-occupied single-family
- Funding
- Wired to your closing attorney
- Prepayment
- No prepayment penalty. Some loans carry a minimum interest amount; if yours does, the term sheet says so.
- Extensions
- Available for a fee
- Payoff letter
- Typically within one business day
Typical of loans we have made. Not an offer or a rate quote. Subject to underwriting.
05 / Process
From inquiry to payoff.
-
01
Send the deal.
Address, purchase price, the loan amount you need, your timeline and your exit. One short form.
-
02
Get a straight read.
We look at the property, the numbers and your track record, and tell you early whether it fits. If it does not, you hear that first, not last.
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03
Close with your attorney.
We put the terms in writing, work through your closing attorney, and wire funds to the attorney for closing.
-
04
Sell or refinance, then pay off.
Ask for a payoff letter. It is typically ready within one business day and shows the per diem, so your attorney can close on any date. No prepayment penalty.
06 / How we work
How we work.
Say no early.
A fast no is worth more than a slow maybe. If a deal does not fit, we tell you as soon as we know, so you can take it somewhere it does.
Show the math.
Interest is figured daily on an actual/360 basis, and points are stated up front. The term sheet and the payoff letter list principal, interest and fees line by line, so you can check them yourself.
Lend on the asset and the plan.
We underwrite the property, the budget and the exit. Once the loan closes, our job is to make the rest of it simple, not to manage your project for you.
Have a deal under contract?
Send the address, the numbers and what you need. You will get a clear yes, a clear no, or a short list of what we need to decide.
Start an inquiryBusiness-purpose loans only. North Carolina and Virginia.