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Socotra Capital 29th St, Sacramento

4.9
(12)Loan Agency
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2208 29th St #100, Sacramento, CA 95817

(855) 889-7626

https://socotracapital.com/

  • SaturdayClosed
  • SundayClosed
  • Monday8AM–6PM
  • Tuesday8AM–6PM
  • Wednesday8AM–6PM
  • Thursday8AM–6PM
  • Friday8AM–6PM
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    Reviews

    4.9/5.012 Reviews

    L

    Lauren Meyer
    5

    I have always had a great working relationship with Helen Nguyen of Socotra Capital. Over the years, I have found her to be nothing but kind, efficient and the ultimate professional.

    m

    michael delisi
    5

    I just wish to share that it has been a joy to work with all the staff at Socotra Capital especially Helen Nguyen. I can always count on her friendly and helpful service.

    W

    Wyatt Tucker
    5

    Socotra Capital is an excellent group of individuals from top to bottom. I recommend them for any situation requiring a quick close or bridge.

    H

    Hanh Le
    5

    Socotra is an awesome company to invest with. I feel confident that my money is secure and the returns are great!

    V

    Vincent Tran
    5

    I had a great experience working with Kerati! He was very knowledgeable and extremely responsive. I appreciate the all of the effort and the assistance!

    M

    Michael Clancy
    5

    Chris is hard working, creative and relentless on getting the job done. I highly recommend his services. No loan is too small or too large for that matter.

    c

    clayton book
    5

    Sean McDonald was fantastic to work with. Very professional and a pleasure to work with. I wouldn’t hesitate to work with him again in the future.

    w

    wjdad
    5

    The Socotra team is experienced, accessible, transparent, and outstanding in their performance. They have exceeded my expectations.

    J

    Janette Moynier
    5

    The Socotra Capital team is wonderful to work with and has helped several clients with financing solutions.

    G

    G P
    1

    The worst lending organization I have ever dealt with. They lied to me about a loan and had a newbie, Nichole, work with me on a fixer loan, and she had JUST got her license. She tried to get escrow to hurry and get the purchase closed before the REO had even signed the contract. Obviously she did not know what she was doing. She and her sup hooked me in by saying I was approved for one amount (not putting it in writing to me) and came way down later on approval amount, but I would not have any funds to fix it up. She did this after I was in a non-refundable auction deal. I had to start all over with another lender and almost lost the deal because of her lies. Not only that, but she required I used one of their appraisers who ended up not appraising the home for as much as she verbally told me it will appraise for after seeing it. She had done the preliminary work on it also. I believe they work together on this. PS, I did find it in writing to the seller as far as an approval of the original amount. This company likes to do things verbally, so things are not in writing.

    Response from the owner

    This was a purchase of a fix and flip in Red Bluff. This is a very difficult area to get value, and with an auction property it is even more difficult to do so. The buyer decided to get an appraisal directly from our appraiser without going through us. This is a big no-no. There was a miscommunication on the amount of rehab needed, but we tried to make it work anyways. The rehab amount had to change or the value had to change to make the deal that was originally proposed. This was a difficult situation for everyone, not just the buyer. The buyer asked us to write a letter so that she could get her EMD back. We did so and we haven’t spoken since. We tried our best. We treat every client like they are our only client. We love what we do. Sometimes we fail. In hindsight, we should have demanded that the appraisal be run through our firm. It should have been better communicated. That was our mistake. Nichole is one of the best loan originators in the game. We are lucky to have her on our team at Socotra Capital. She knows Northern California better than most other hard money lenders in the game, hands down, and she is committed to helping her clients. I would never question her integrity. She works very hard for her clients, until the deal closes. That is how we work. I am proud of her. -John Ingoglia

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    FAQs

    • 1. How to Make Contact with Socotra Capital?

      You can call them at (855) 889-7626 or visit their website and submit the request form.
    • 3. How to Request a Loan from Socotra Capital?

      To obtain loans from Socotra Capital, you can submit the request form on their website or pay a visit to their office. You may have to go there with your car when getting auto title loans. Explore our site to obtain detailed information about vehicle title loans.
    • 5. What Will Happen When I Fail to Repay My Loan?

      Missing payments on a loan can even lead to seizure of assets or wages. Make Contact with your lender if you have difficulty repaying the loan.
    • 2. Where Is Socotra Capital?

      You can find this company at 2208 29th St #100, Sacramento, CA 95817. Open a Maps app and get driving direction to Socotra Capital.
    • 4. Is Socotra Capital an Agency or a Lender?

      Socotra Capital is a Financial institution helping you deal with money worries. Click on to get small personal loans for financial emergency fund.
    • 6. Does Socotra Capital Offer Loans for Bad Credit?

      Yes. You are likely get loans with Socotra Capital if you do not have a good credit. It is also available to get online installment loans for bad credit with bad credit scores via our platform. You can also find some useful info about an installment loan on our platform!