How We Funded a $5M Cross Collateralized Commercial Loan Over the Holidays
When most lenders were out of office sipping eggnog, Lantzman Lending was busy closing one of the most creative deals of the season—a $5,000,000 cross collateralized commercial loan that spanned two different property types, two states, and zero delays. We’re not in the business of saying “after the holidays.” We’re in the business of closing. And that’s exactly what we did…fast, flexible, and appraisal free.
While traditional lenders might balk at that kind of complexity, this was right in our wheelhouse.
Thanks to our expertise in commercial bridge loans in California and Nevada we structured a seamless cross collateralized cash out refinance that included:
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A commercial property purchase in Nevada
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And a single family upscale home refinance in Del Mar, CA
All secured under one loan—with no appraisals, competitive rates, and a single closing process.
Speed is Our Specialty (Even During the Holidays) -No Appraisals, No Delays, No Drama
We’re known for our speed, but this deal really tested that reputation. From initial submission to documents being sent out, the entire process moved at lightning speed—even as title companies, banks, and attorneys were operating on skeleton crews. Needless to say, we don’t take holidays off when your deal is on the line. Our local team—including our seasoned San Diego Hard Money Team—was on the ground making things happen to meet the deadlines.
Here’s one of the best parts and how can close so quickly: we funded this $5MM loan without any appraisals. That’s right—zero time lost waiting for a third-party appraisals, and on this size of loan on 2 different properties, that can add up to weeks or even months of time savings and thousands of dollars in appraisal costs. Instead, we relied on internal valuations, experience, and a whole lot of common sense. That allowed us to keep rates/fees competitive and eliminate unnecessary friction.
Why Cross Collateralization Was the Smart Move
For investors with multiple properties, cross collateralization can unlock more leverage quickly and with more certainty for the lender. In this case, it allowed our borrower to:
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Maximize usable equity across multiple properties
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Avoid multiple appraisals and redundant loan processes
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Consolidate closing costs and timelines
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Retain flexibility with partial release provisions (yes, we build that in)
- Cross Collateral loans can also allow for increased leverages on purchases up to 100% of the cost of purchase, closing costs, and renovations.
This isn’t our first time structuring this kind of deal. In fact, we’ve got a proven track record of doing it. You can check out other success stories in our cross collateral loan case studies.
Lending Across State Lines—Effortlessly
When a deal spans multiple states, things can get complicated. But with Lantzman, you get one professional team that handles everything. With over 30 years experience lending heavily in CA and NV this loan was the perfect fit for our team. If you have Nevada loan request, you can contact your Nevada bridge loan team we specialize in getting deals done fast, especially on value-add and mixed-use properties.
At Lantzman Lending, we don’t just close loans—we craft capital solutions that work for you, your timeline, and your investment goals.
Whether you’ve got assets in different states, need speed, or want to avoid the red tape, let’s chat. Our team is ready to structure your next deal—fast, flexible, and built to close.
Interested in a creative lending solution of your own?
Contact us by phone
(858)720-0229
