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If you are looking for a hard money
loan on your commercial property in California, we can help. We will
make both commercial and residential hard money loans.
Visit our hard money
residential loans page for more information on them.
For a hard money loan on commercial
property, we look at a couple of factors. Typically our maximum
loan to value is 70%, although we prefer to stay at or below 65%.
We will consider making a commercial loan on all commercial property
types, multi-family, mixed use, hotels, both flag and non flag,
industrial, even churches and other specialized property types.
To qualify for a hard money commercial
loan with us, the loan to value is the largest factor, but we do like to
see financials for the property. Typically we like to see 2 years
of financials, but that is a guideline, not a hard and fast rule.
Give us a call and we can discuss your scenario today. We do not
require a minimum debt coverage, and many of our clients come to us for
a hard money loan on their commercial property because the debt coverage
is less than what their bank would prefer.
If your loan to value fits our
guidelines, give us a call, or complete our contact form and we will be
in touch with you within 24 business hours. We make commercial
hard money loans direct, and will not sell or distribute your personal
information.
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