Socotra just helped us close a 3.6MM deal for us when my lender walked away. Kerati's speed, professionalism, and responsiveness eased my anxiety and stress during a tight escrow. We ended up closing in just 6 days saving us over $100K in earnest money because the sellers did not want to extend. Thank you Hard Money Kerati and Socotra! read more

I highly recommend Socotra Capital. This is a company with integrity. honesty and hard working values. As an investor I worked with Tony , RaeAnne and Calvin. They are excellent communicators , responsive to my needs and a pleasure to work with.. Over the years on average I've received a steady income from my investments. It's a prudent way for me to diversify my funds.i only wish I knew about Socotra Capital sooner. read more

Socotra runs one of the better processes of private lenders. When it comes to getting things done timely and at the terms agreed to Socotra has delivered for us. I trust them and I am confident in recommending them to our clients. -Matt Hollander BluePoint Commercial Mortgage read more

I have worked with Kerati for many years. I have found him to be supremely professional, agile, responsive, and a great communicator. I cannot thank him enough for hustling and working hard to make tough things happen. Kerati is the man you want in your corner! read more

I have worked with Socotra before but was not initially able to make contact with my former agent. I called the regular office number in Sacramento and Ana "Hard Money" Munoz answered. She not only helped me to understand that my former agent was located in Nevada now but she also helped me reshape my loan request content before presenting it. Then, she went the extra mile to get me in contact with the agent I was looking for initially. Ana was very professional, gave total attention to detail and I received excellent service that helped me move my loan request forward. I recommend Socotra and Ana Munoz very highly for any hard money needs. read more

Xavier and Tori gave great customer service! We closed fast and the process was smooth.

It was a pleasure working with Ana Munoz Ana@SocotraCapital.com! She was wonderfully personable and responsive to all my questions.

I had a lot of questions about the type of loans Socotra makes and how they compare with other lenders. Kendrick took the time to answer each of my questions thoroughly, knowing I wouldn't be a client right now! I will be sure to refer them business going forward. read more

Something just sold us when we received phenomenal customer service from Ana Munoz when contacting her for help. You'd be surprised how much customer service goes a long way! Thank you Ana for all of your help. read more

I have had the opportunity to work with the amazing staff and management at Socotra and am thorough impressed with their professionalism, industry knowledge and commitment to providing excellent service. Chris Baumann is an unparalleled industry executive and Tori Jones is tops too, both reflecting a caring focus on providing the very best in class private lending. Solution-driven and customer-service oriented, regardless of the property asset class or geographic location. read more

I worked with Kerati and Corey recently. They were communicative. Kerati called me back right away. Corey emailed back to follow up instantly. Corey explained what and why when I had questions. Look forward to more closings! read more

Socotra was great to work with & coordinating all the details for a private money deal. There are many companies to choose from & Socotra was one of them. Great job! read more

Hard Money Munoz killed it for us!! Best hard money lender we have ever worked with. Thank you Ana!!

Tori Jones and Matthew Yu were awesome to work with - they were prompt, responsive, and got a very complicated deal done with professionalism and great communication! read more

Awesome customer service and attention detail from Ana. S/o to Hard Money Munoz! For going above and beyond!

The team at Socotra Capital have exhibited an amount of subject breadth, efficiency, reliability, and sheer endurance that I have yet to find with other private money lenders. The team consistently focuses on what CAN be done, as opposed to those things that cannot--and to say they don't give up no matter how messy things get is quite an understatement. Despite the uniqueness of our deal and delay after delay from the seller of the property, they stuck by us and were ready to go at a moment's notice. I look forward to doing many more deals with Socotra, and I am pleased to highly recommend them to any developer in need of a financial partner. read more

Socotra came in and saved the day when I was in contract on a property and my original lender left me hanging dry. They were able to issue the loan docs in under 48 hr and literally saved the day when the seller was threatening to pull out. They were easy to work with and super responsive throughout the process. Highly recommended for those situations when time is the essence. read more

I am a lawyer that has done private money lending as a side business for over 10 years. I have done many deals individually, as well as some that were arranged by Pacific Private Money ("PPM"), one that was arranged by Socotra, and I have also been in the Socotra Fund for ~4 years. I can't say enough good things about Socotra. I am happy to talk with anyone personally if you are considering investing. --I have been comparing PPM to Socotra for years now and the difference is remarkable. IMHO, PPM is a sloppy loan mill more interested in churning deals than being diligent. Time after time with PPM, they are simply not on top of their loans that are in default and if you don't reach out, you will never hear from them. --On the other hand, Socotra has incredible diligence, attention to detail, responsiveness and most critically, market competence. As of this posting, I have stopped doing deals with PPM because I have seen too much evidence of incompetence to swallow. --The Socotra Fund barely had a hiccup through Covid. Socotra's LTV is about 49% (PPMs is 65%). And with less risk, Socotra has had better returns. --I have had substantial personal experience with the executives at Socotra. Their intelligence and market savvy is only surpassed by their integrity. --If you are reading negative reviews on here (I read some just to see what they said) and the uniform characteristic is that they are disgruntled borrowers or potential borrowers....and one thing I can promise there is that they are likely inexperienced or just upset that Socotra wouldn't buy what they were selling. I'd be happy to talk with anyone considering investing with them. They are my favorite all-time investment and I truly sleep soundly at night as a result. read more

Hard Money Real Estate deals are tough. As a 20+ veteran finance consulting clients to obtain the hundreds of millions in funding they have historically needed, I can speak on such matter. Socotra came through for my associate and clients. I see these negative remarks on this Yelp site. What these negative remarks may be is simply an unrealistic expectation on how tough deals can be to close. Socotra is not in the traditional A credit kind of funding. They assist in overcoming concerns which your traditional funders simply cannot see a way to get around. Hence it is normal to see some "Black Eyes" on their public reviews. It generally stems from customers who were upset that he deal could not be closed. A task which when you seek to specialize on these more difficult investments, you will inevitably have some upset customers. This is simply because Not All Difficult Deals can be funded. THANK YOU SOCOTRA CAPITAL, you funded my clients deal. One which was somewhat difficult to complete. You get a 5 start rating from my group. read more

Initially I thought this was a great lending company to partner up with. Come to find out THEY ARE SCAMMERS!!! Stay AWAY!!!! Chris Bauman and his supporting Socotra team are compete VULTURES!! I placed a small business loan with them ($38k) which after fees, and deductions Socotra deem necessary my actual payout I received was only $21k. Yes, dumb on my part for accepting such a low payout on a high interest loan but since Chris verbally told me I was paying interest and principle I accepted and placed my monthly payments on auto pay and just moved on to running my business. After 3 years of making payments on time I was hit with a letter stating that my loan had been called in and that the entire time the loan was actually interest only. This was horrible news to me since I was told something entirely different. Once I got Chris on the phone he apologized initially and said "he'll fix things" for me. Soon after Chris had his assistant send over a loan approval sheet which asked me to itemize all my assets on it and send it back. As soon as I completed this task communication ceased. All I would get is emails asking about one of my properties that happen to have equity that come to find out Socotra was aiming to get. Long story short Socotra attempted to force me to default the $38k loan so they can get to my property which was worth upwards of $900k. ***this is where the PREDATORY LENDING became apparent*** I left dozens of messages and even spoke with one of the brokers / owners of the company "John" and all they did was tell me lie after lie. They never returned calls or did as they promised all because they wanted my loan to default so they played the game of internal bureaucracy. They'd blame their secretaries for not giving them messages one minute then the secretary would blame Chris or his boss for not being in the office for the week and blah blah blah. At the end of the day we came all the way to the last week of defaulting and that's when by the grace of God I was able to come up with the money to pay the loan out of pocket, I was approved for traditional low interest loan and I found a great attorney who help me maneuver out of the horrible situation. I take full responsibility for taking on that stupid loan from an ex used car salesmen at Socotra who claim to be loan specialists. Never again will I make the same mistake of entering into such a bad deal without consulting my attorneys and going through my contracts with a fine tooth comb. Had I listen to Chris or his boss John I would've lost my property to them and been in debt. Shame on Socotra, You've been warned! STAY AWAY. read more

Hello , I wanted to bring to your attention a representative named Xavier Pineda , contact 4152307668 was unprofessional, and untruthful. He is not an honest man and caused delays. He provided terrible service , lead us to believe a loan was in process and declined our calls on an investment deal for my father in law. I don't recommend working with this representative. Thank you. read more

Kerati with Socotra was very professional in the handling of my transaction. He was very timely and efficient in his duties. He deserves a raise... -Cecil read more

I have had the pleasure of working with Mathew Yu at Socotra Capital over the years on many real estate transactions. As a Premier Zillow Agent and 12 year veteran in the industry I've had some challenging scenarios in my time. Every time I thought a deal couldn't be put together I turned to Matt and he was able to figure out how to put it together. Now that's what I call a problem solver, a great out of the box thinking lender with access to a plethora of lending products who gets the job done. Matt always answers his phone, is fast to respond to email and very professional, a pleasure to work with. He has been an incredible lending resource for not only my wife and I over the years but others on our real estate team as well. I would without reservation refer Matt Yu to any borrower or agent needing excellent service with confidence that he will constantly perform at the highest level. read more

Great Team. The Servicing department provides great customer service, the funding departmart is fast at drawing documents, and the Loan Originatiors are experienced, professional, and know what they are doing. Best Hard Money company you can work with in California and Nevada! read more

They knew I was on a tight timeline and they changed my loan terms at the last minute hoping that I'd be forced to comply. This is a legal but highly unethical practice. I can only imagine what it's like to actually be in contract with them. Thanks Kerati, but no thanks! read more

I did not have a good experience Socotra. They took my deposit money and retraced all the terms and loan amount. which made the deal worser then my original lender. They dont give you a straight answer and drag their feet to set you in the position to accept their high interest rate and lower loan amount. read more

Initially thought all was well. Then Chris Bauman's team refused to make the boilerplate contract version available for me to read over the weekend before signing. So I read the entire contract on signing day. There was a totally unacceptable clause giving them full title (not just the loan amount) to the property I was using as collateral for the financing to remodel my new house before moving in. The property value was far in excess of the money I was borrowing. The mortgage on the property I was using as collateral was fully paid, my credit score was 811 and I had no consumer debt. Chris actually said to me, "no one actually reads the contract." I refused the Socotra contract, called a friend, had a signature loan an hour later. READ THE CONTRACT!!!! read more

Watch out for these sharks. They may not have your best interest in mind. Socotra acted like everything was fine until they all of a sudden wanted me to bring an additional $5K to the closing table AND pay for a bogus $22K mechanic's lien. They ended up NOT funding my high-equity, free-n-clear property towards the end of a long process. John Huhges does very well playing good cop bad cop. Always agreeing with me on everything and deferring all the bad stuff to "them" or "the underwriter" blah blah blah. They said a bogus lien had to be paid and I've had THREE escrow professionals and one attorney say it's worthless and does not to be paid anything. THEN THEY CALLED OTHER INVESTORS SAYING I WAS OVER MY HEAD AND THAT I MAY WANT TO SELL. Absolutely unacceptable, unethical and unprofessional. Sharks. All sharks. read more

I highly recommend Socotra Capital! Nothing but a great experience working with them. Not always easy to find such a trust worthy lender that follows through. Thanks Socotra Capital!!! read more

Five starts is not enough for Chris Baumann. He is the Superman of loan officers. He has helped me with two re-finanaces, and although both situations were incredibly stressful circumstances, he came through, when others could not. I recommend Chris Baumann for his expertise, follow-through, and quick turnaround. I also think that he is a stellar guy. Keeps it very professional, but does not lose the value of the human element. I highly recommend Socotra Capital for their team-oriented perspective to loans, with Chris Baumann as the go-to loan officer. In my experience, Chris and his team will do everything possible to get the loan processed, and to perform at the highest level of professionalism and integrity possible. Wish there were words to express my gratitude. Thank you, Chris and the Socotra Team. read more

Kerati is the person you want to speak with of you need "hard money" for a deal. His professionalism is unsurpassed, and I felt that we actually had an advocate for our request inside the company. Even though we could not get to a deal, I would start with him again if I was exploring hard money options. I give him a 5 for doing everything he could for us, for his great communication, and his client interface. read more

If you're ever in the market for a hard money lender run from this place. Chris and Kerati do not communicate. Their there to close the loan (late at that) not for the customer service. If they screw up and not communicate something to you it's nothing to them. They know you need them and they take advantage of that fact. Unfortunately it doesn't stop after the loan closes. If you get Kerati ask for someone else he hasn't been in long enough and still needs a lot of training. Try Focus West. Straight up but get all your questions answered. Knows the business in and out. read more

Trying to find a mortgage company with fair rates and prices is hard enough, let alone finding one with people that are honest and hard working, errrrr!!!!. I feel that I hit the jack pot with Nicole Pomatto. She is amazing! She thoroughly explained all her companies products and procedures and did it in a way where I felt like I had some control in the process. Finally!!! She even took the time and consideration to call me on a Saturday (The Only Day I Have To Talk Uninterrupted). In all my years I have talked to many people that call themselves "mortgage professionals" but they all pale in comparison to Nicole. I'm not sure if she's the owner (she sounds younger) but if she's not now she will be someday. I just hope by then she's not to busy to take my call. read more

Tried to do business with Socotra Capital to obtain money for rehab of a house. They were not up front on their fees, always calling with an additional fee. In addition they discriminate against anyone over 65 by demanding they get a certificate from a doctor or lawyer stating they are not mentally cognizant. I refused to deal with them and went to a competitor. read more