California is one of the desk's direct-fund states. The Lending Desk's affiliated brokerage holds active California Financing Law licensing and originates business-purpose investor loans across DSCR rental, fix-and-flip, bridge, and new construction.
California's investor finance market is dominated by Los Angeles, San Francisco Bay Area, and Sacramento metros — three distinct submarkets with very different leverage and exit-strategy dynamics. The state's judicial foreclosure timeline averages ~180 days; non-judicial (trust deed) foreclosures move significantly faster, which is why most California investor loans are deed-of-trust secured rather than mortgage-secured.
Scope of Work medians across our 77-SOW dataset run ~$65/sqft for fix-and-flip rehab, on the higher end of the national distribution because of CA labor cost and permit pace.
California disclosure: Loans referenced on this publication are arranged through licensed brokers under the California Financing Law (DFPI-supervised).