Secured, real‑estate‑backed opportunities
The Lighthouse Fund lends to qualified borrowers who need an alternative to rigid traditional financing, and pays Members a high, secured yield for providing that capital.
A true win‑win for Members and borrowers
Borrowers get certainty and speed when guidelines, timelines, property type or credit history put bank financing out of reach. Members earn a strong yield secured by the real estate behind every loan.
Secured by real property
The substantial majority of loans are collateralized by real estate, most held in first‑lien position, at a conservative 49.9% weighted‑average loan‑to‑value.
Attractive return potential
Member returns have averaged above 10% since inception, net of management fees. Members choose monthly cash distributions or reinvest their share of loan income.
Institutional infrastructure
Leading legal, audit, servicing and banking partners administer the Fund end to end, giving Members a professionally run structure around every dollar deployed.
A consistent track record of Member returns
Annualized monthly return to Members
Last 12 months, net of management fees
Fund data as of October 31, 2026. Annualized monthly returns to Members, net of management fees. For informational purposes only. Past performance is not indicative of future results, and monthly returns may fluctuate.
The portfolio today, at a glance
A diversified, collateral‑backed loan book. Every loan is a fixed‑rate, interest‑only balloon loan.
Portfolio data as of October 31, 2026. Percentages are by loan volume.
Real estate value of $104.3 million secures $36.2 million in loans.
That cushion, together with first‑lien priority and short loan terms that let the Fund reprice frequently, is how we protect Member capital while lending where traditional banks won’t.
Investment strategy and underwriting discipline
What we fund
- Residential and multifamilyInvestor acquisition and refinance of rental and multifamily properties
- Construction financingGround‑up construction and major rehab with flexible draw schedules
- Commercial loansRetail, office, mixed‑use and other income‑producing commercial assets
- Bridge and lot loansShort‑term bridge capital and land acquisition for future development
How we protect Member capital
- Conservative leverage49.9% weighted‑average LTV across the current portfolio
- First‑lien priority77.7% of loans held in first‑lien position
- Short loan durationsAll loans are fixed-rate, and 90%+ carry 1‑ to 2‑year terms, so capital returns quickly and is re‑lent at current market rates
- Real asset collateral$104.3M in real estate value securing $36.2M in loans
Meet the Manager
President & CEO, Franklin Loan Center
Walter K. Neil is the President and CEO of Franklin Loan Center, the largest independent mortgage banking company in the Coachella Valley, based in Palm Desert, California. He began his mortgage career in 2000 and has personally originated more than $1.36 billion in loans, helping 4,347 families, while overseeing production of $8.5 billion across 20,200 families served.
Since becoming President and CEO in 2006, Walter has grown Franklin from a small mortgage broker into a regional mortgage banker offering 32+ loan products, licensed in 29 states, with over 95% of loans processed, underwritten and funded in house. Under his leadership Franklin earned agency seller approval with Fannie Mae and Freddie Mac, and he continues to originate loans personally.
Walter founded the Lighthouse Fund to provide capital to underserved borrowers. He recently completed his term as President of the Young Presidents’ Organization (YPO) and remains actively involved. He holds a B.S. in Business Administration from the University of Florida.
Trusted service partners
Institutional‑caliber partners handle legal, accounting, servicing and banking, so Member capital operates within a rigorous, professionally administered structure.
Fortra Law
The nation’s largest private lending law firm. Drafted the Fund’s offering documents, including the Private Placement Memorandum, Operating Agreement and Subscription Agreement.
Platform Accounting Group
One of the 50 largest CPA firms in the country, with 50 offices across 15 states. Handles the Fund’s accounting, annual audits and tax preparation.
FCI Lender Services
A leading national Non‑QM and private money servicer, and one of the nation’s oldest specialty loan servicers. Handles day‑to‑day servicing and administration.
Western Alliance Bank
A national commercial bank with over $80 billion in total assets. Franklin and its affiliates have banked with its Specialized Mortgage Services group since 2012.
Download the Member overview
Fund performance, portfolio detail and Manager background. PDF, 10 pages, data as of October 31, 2026.
Learn more about membership in the Lighthouse Fund
Request the Member overview and a conversation with the Manager.
Principal, Lighthouse Fund Management LLC
760‑831‑2745
wneil@franklinlc.com
44‑800 Village Court
Palm Desert, California 92260
Current borrowers
Lighthouse Fund loans are serviced by FCI Lender Services. FCI handles your statements, payments, payoff requests and servicing questions.
View your loan online
See your balance, payment history and statements in FCI’s borrower portal. First time? Create your account with your loan number.
Sign in to FCICreate an account
Make a payment
Pay online through the FCI portal or set up automatic monthly payments from your bank account. Include your loan number on every payment.
Payoffs and questions
Request a payoff statement or ask about your account through the portal, or call FCI customer service.
800‑931‑2424Questions about servicing? Contact Lisa Jacobson at 760‑779‑8145 or ljacobson@franklinlc.com.
Questions about an extension, a draw, or a new loan? Contact the Fund at 760‑831‑2745 or wneil@franklinlc.com.