LOANS
Cetan Funds Private Money Loans
All loans offered by Cetan Funds are short-term, business-purpose loans designed for real estate investors, developers, builders, and small businesses. Our loans are secured by residential and commercial real estate and are used exclusively for investment or business purposes.
We structure loans with flexibility and practicality in mind. Borrowers work directly with their loan officer from start to finish, and we service our own loans in-house. We stay involved throughout the life of the project, including monitoring construction and progress internally. There are no handoffs to multiple departments, no third-party inspectors, and no hidden fees.
Review our loan programs below and contact us to share the basics of your project. We will follow up to discuss structure, timing, and how we can help move it forward.
Fix & Flip Rehab Loans
Purchase and rehab financing for real estate investors executing fix and flip projects. Commonly used to acquire distressed, foreclosed, or estate properties for rehab and then resale for profit.
Typical Terms
- Up to 75% loan-to-after-repair-value
- Up to 90% loan-to-cost, with a minimum 10% cash at closing
- 12% interest rate
- 2.5% origination fee ($3,500 minimum)
- $1,295 admin fee
- 12-month term with two 6-month extensions available
Rental Rehab Loans
Purchase and rehab financing for real estate investors acquiring a new property to hold as a long-term investment. These loans are frequently used for buy, rehab, rent, and refinance strategies.
Typical Terms
- Up to 75% loan-to-after-repair-value
- Up to 90% loan-to-cost, with a minimum 10% cash at closing
- 12% interest rate
- 2.5% origination fee ($3,500 minimum)
- $1,295 admin fee
- 12-month term with two 6-month extensions available
Residential Construction Loans
Construction and bridge financing for contractors and investors building residential real estate. Commonly used for speculative home construction, pre-sold projects, and residential investment properties.
Typical Terms
- Up to 75% loan-to-as-complete-value
- Up to 80-90% loan-to-cost
- 12% interest rate
- 2.5% origination fee ($3,500 minimum)
- $1,495 admin fee
- 12-month term with two 6-month extensions available
Residential Bridge Loans
Flexible, short-term financing for residential real estate investors for property acquisitions or refinances. Commonly used when speed, timing, or property condition makes traditional financing impractical.
Typical Terms
- Up to 75-80% loan-to-value
- 12% interest rate
- 2.0-2.5% origination fee ($3,500 minimum)
- $995 admin fee
- 6 to 12-month term with two 6-month extensions available
Commercial Construction Loans
Short-term construction financing for small businesses, developers, and investors secured by commercial real estate. Used for ground-up construction and major renovation projects prior to occupancy or qualification for permanent financing. Common property types include multifamily, retail, office, industrial, hospitality, and mixed-use.
Typical Terms
- Up to 70-75% loan-to-value
- Up to 80-90% loan-to-cost
- 1.25 minimum DSCR at stabilization, based on permanent financing terms
- Loan amounts up to $5 million
- 11-12% interest rate
- 2.0-3.0% origination fee ($3,500 minimum)
- $1,495 admin fee
- 12 to 18-month term with flexible extensions available
Commercial Bridge Loans
Flexible, short-term financing for commercial real estate investors and small businesses for acquisitions or refinances. Often used for fast purchases, cash-out refinances to support business operations, or to bridge a property to stabilization, sale, or permanent financing. Suitable for commercial buildings, mixed-use assets, and multifamily properties.
Typical Terms
- Up to 70-75% loan-to-value
- Up to 80-90% loan-to-cost
- 1.25 minimum DSCR at stabilization, based on permanent financing terms
- Loan amounts up to $5 million
- 11-12% interest rate
- 2.0-3.0% origination fee ($3,500 minimum)
- $995 admin fee
- 6 to 24-month term with flexible extensions available
Creative Investor Add-Ons
Equity Unlock
Borrowers with multiple properties or significant real estate equity may be able to cross collateralize assets to reduce or eliminate cash required at closing, subject to underwriting, collateral quality, and overall risk profile.
Cash-Out Rental
An additional holdback may be structured to reimburse some or all of the borrower’s cash invested once the rehab is complete, an appraisal is obtained, and the refinance lender has approved takeout financing. Loan fees apply only to funds when they are advanced. Commonly used for BRRRR strategies to bypass conventional seasoning requirements.
Land Division
An additional holdback may be available to reimburse approved costs related to land divisions on improved residential property, subject to city or county approval. Often used in fix and flip or rental rehab projects where excess land can be divided to create added value and future development potential.
Do you have a project in mind? Start your inquiry today!
Typical Loan Underwriting at Cetan Funds
Our underwriting process is designed to be practical, fast, and focused on the property, project, and exit strategy. We typically review the following:
Borrower information, including background, experience, and track record
Property details, including description, photos, and purchase contract
Project details, including plans, budgets, timelines, and exit strategy
Personal Financial Snapshot
Real Estate Schedule, if applicable
Three months of recent bank statements
Credit check. Minimum 540 FICO. Waivers may be available
Express underwriting available for up to 3–5 loans or 1.5 million for qualified borrowers
No income verification required for residential loans
Recently Funded Projects
Real success stories from recent projects funded by Cetan Funds.
OREGON PRIVATE LENDERS
Cetan Funds is the premier private lender in Oregon that enables small businesses, home builders, commercial contractors, residential investors, and boutique developers to finance real estate projects quickly and flexibly. We take a common sense, personalized approach to lending that we call the Cetan Advantage.
Leverage our years of experience in the real estate lending industry to gain the knowledge and information you need to succeed with your project. When you work with Cetan Funds, you work with a team of Oregon private lenders that want you to succeed. We provide free consultations, free project and property evaluation and will help you calculate the rate of return or profit margin on potential opportunities.
Our goal is to work with you on many projects in the years to come. That is why each project gets individualized attention and tailored lending options. Scroll down to learn more about the Cetan Advantage and our lending process, or contact us to provide information about your project.
EXPERIENCED PRIVATE LENDERS IN OREGON
We invite borrower collaboration. Together, we design a loan solution that is right for the situation. We bring our extensive local market experience in lending and real estate development to our decisions. We work fast – once approved, borrowers typically receive funds within 7 days.
A Cetan Funds loan is a relationship and not just a one-way business transaction. Once funded, you can always contact one of our founders for advice, to discuss new opportunities, or to help solve unexpected challenges.
Our goal is to provide you with the help you need to complete your project. With over 60 years of combined experience in lending and real estate development, we are confident we can help you reach your project goals and achieve a successful outcome. When our borrowers succeed, we succeed. You can count on us to be there when you need it the most.
THE CETAN ADVANTAGE
The Cetan Advantage is what makes us stand out from all other Oregon private lenders. We adhere to the following principles to ensure a positive experience for our clients:
Expertise
Leverage our 60+ years of lending and real estate development experience in Oregon to shape the right loan for you and get the help you need when you need it if your project hits a snag.
Partnership
Build a relationship with us. We’re ready to be your long-term funding partner and help you with multiple projects. Count on us to be your creative and responsive private money lenders.
Efficiency
Fast, in-house valuations. Get an underwriting answer in 2 – 4 days and fund it quickly — often as fast as 7 days. We value prompt response times and get you the answers you need as quickly as possible.
Flexibility
Receive a loan tailored to your needs. We know that projects change, so we adapt and provide loan terms that fit your situation.
Integrity
We’re with you every step of the way to ensure mutual success. We operate with a culture of transparency and fairness. We’ll always have your back.
BORROWER FAQs
What is a Private or Hard Money Loan?
A private or hard money loan is a short-term, business-purpose loan secured by real estate. These loans are typically used when traditional bank financing is unavailable, too slow, or not well suited to the project.
At Cetan Funds, private loans are used for fix and flip projects, rental rehab loans, residential and commercial bridge loans, construction projects, and land development. Our loans are designed for real estate investors, developers, builders, and businesses executing time-sensitive or transitional projects.
Here at Cetan Funds, we empower people to build wealth through real estate.
Why choose a private or hard money loan instead of a bank loan?
Private loans are built for speed and flexibility. Banks often require lengthy documentation, rigid underwriting, and properties that already meet strict conditions or income requirements.
Cetan Funds focuses primarily on the property, project, and exit strategy. This allows us to finance properties and scenarios that banks frequently decline due to condition, timing, complexity, or transitional use.
Private loans are commonly used when execution speed matters or when a project does not yet qualify for permanent financing.
Where does your lending capital come from?
Cetan Funds originates loans using capital from two pooled private equity funds. These funds are invested in by qualified Oregon residents and accredited investors, depending on the fund.
Rather than matching individual investors to individual loans or borrowing from banks or Wall Street, all capital is pooled and managed internally. Loans are held in portfolio and serviced by Cetan Funds.
This structure provides funding certainty, faster execution, and consistency throughout the life of the loan.
What types of loans does Cetan Funds offer?
We provide short-term, business-purpose loans secured by real estate, including:
- Fix and flip rehab loans
- Rental rehab loans
- Residential bridge loans
- Residential construction loans
- Commercial bridge loans
- Commercial construction loans
- Land development loans
All loans are for investment or business use only.
Do You Lend on Primary or Secondary Residences?
No. We do not lend on owner-occupied primary or secondary residences. All loans must be for business or investment purposes. Check out our blog to learn more about what we do and what we don’t do.
Where Do You Lend?
We lend exclusively in Oregon and Southwest Washington. Our focus is on markets we know well and can evaluate accurately.
Do you only look at the property or collateral?
No. While collateral is critical, we also evaluate the borrower, project, and exit strategy.
We consider experience, capital, capacity, and overall risk profile. Our goal is to build long-term relationships, not just make one-off loans.
Do you have minimum or maximum loan amounts?
Loan amounts vary by product and scenario.
- Our minimum loan size is $50,000
- Maximum loan sizes vary by product and can reach up to $5 million for commercial loans
Please contact us to discuss your specific project.
How Long Are Your Loans?
Most of our loans are short-term, typically ranging from 6 to 18 months, depending on the product. Many loans include extension options to provide flexibility if timelines change.
What Are Your Application and Underwriting Requirements?
Requirements vary by loan type, but generally include:
- Borrower background and experience
- Property and project details
- Exit strategy
- Personal Financial Snapshot
- Bank statements
- Credit check
Construction, rehab, commercial, or land projects may require additional documentation such as plans, budgets, permits, or tax returns.
How Fast Can I Get a Loan Decision?
Loan decisions are typically made within 1–3 business days, depending on loan type and complexity.
How fast can you fund?
Once approved, loans can often fund within 3–7 business days, depending on documentation, title, and project readiness.
Can I Get Pre-Approved?
Yes. Many borrowers obtain pre-approvals to strengthen offers or prepare for upcoming projects. Pre-approvals typically take 1–2 business days.
What is the typical cash requirement?
Cash requirements vary by loan type and structure. Many projects require approximately 10% cash or equivalent equity contribution, subject to underwriting.
What Are Your Interest Rates?
Rates vary by loan type and risk profile. Typical interest rates range from 11–12%.
Interest is charged only on the outstanding loan balance, not on undrawn funds.
What fees should I expect?
Origination fees generally range from 2–3%, depending on the loan. Administrative fees typically range from $995 to $1,495.
Can I Live in the Property While I Have This Loan?
Unfortunately, no. Our borrowers cannot live in the residential properties we finance for them.
The only exception is in very specific commercial loan scenarios. If you wish to get a loan on a property you would like to live in now, or in the future, please contact us so we can help you find a lender for that. We are happy to help.
Can I Pay Off My Loan Early?
Yes. Most loans do not carry a prepayment penalty. Specific terms vary by loan and will be outlined in your loan documents.
Do You Fund Rehab and Construction Loans?
Yes. Rehab and construction loans are core products at Cetan Funds.
Do you charge interest on the full loan commitment?
No. Interest is charged only on the outstanding balance.
How do construction or rehab draws work?
Borrowers submit draw requests directly to their loan officer. Draws are typically based on completed work, materials on site, or invoices ready to be paid.
We do not charge draw fees. Draws are usually processed within 24–48 hours once documentation is received.
Do You Fund Loans on Bare Land?
Yes. We provide bare land acquisition and refinance loans, subject to underwriting.
Do You Finance Mobile or Manufactured Homes?
Yes, if the home is classified as real property, affixed to a permanent foundation, and deeded with the land.
What is “Cetan”?
“Cetan” is a Lakota word meaning “hawk spirit.” It represents vision, speed, and loyalty. These values reflect how we approach lending and long-term partnerships.
Supporting local organizations like the Cascades Raptor Center also helps us honor that connection to hawks and our beautiful raptors in the Pacific Northwest while giving back to the community.