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If you are looking for a hard money
loan on your residential property in California, we can help. We will
make both commercial and residential hard money loans in California.
Visit our hard money commercial loans page for more information on them.
For a hard money loan on residential
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 prefer to make loans on non owner occupied properties, but can help
with owner occupied as well. We can work with stated income on our
hard money loans, although we do want to know that there is the ability
to repay and/or a strong exit strategy. We are in the business of
helping our clients, not making loans that will end up needing
foreclosure help.
Our hard money loans are typically
priced from 10% - 12% for a first deed of trust, and from 14% - 19% for
seconds or lines of credit. Our hard money loans are typically interest only
or amortized over 30 years, depending on the clients needs. We
fund hard money loans in California only for residential properties.
For more information about our
California hard money loans, or to talk about
a particular scenario, please call today 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.
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