|
Hard money lenders these days are
filling a growing niche as institutional financing continues to tighten
up. When dealing with hard money lenders, the most essential
element of underwriting is the equity in your property.
We specialize in Commercial and
residential properties located in California, although we will also look
at land and other projects, provided there is enough equity and the deal
makes sense. As hard money lenders, we can help secure a loan on
most property types, if you have a unique project, please call us to
discuss.
Our hard money guidelines allow for up
to 60% maximum loan to value on improved property, and up to 40% maximum
loan to value on land. As hard money lenders, we do not have
minimum credit requirements, and are also able to work with you in
regards to documentation. If the deal makes sense and is a benefit
to all parties involved, there is a good chance we can structure a hard
money loan for you.
For more information about our
California hard money loans, or to talk about
a particular scenario, please call, email or complete our
quick contact
form here. We will be in touch with you within 24 business hours,
and you can rest assured that we will not sell or distribute your
personal information.
Due to the nature of the hard money
lending world, we do not provide rate sheets. With hard money
lenders, each deal is underwritten individually and priced accordingly.
Typical terms usually range in the 11-12% range for first trust deeds,
and 12% on up for second trust deeds. If you have a hard money
scenario, please feel free to email us a summary.
We work directly with hard money lenders in California, and can help
secure a loan on most property types located in the state.
|
