One of the most frequent questions we are asked is if we will do hard money loans for owner occupied homes. We only loan on owner occupied homes if the funds are specifically intended for business purposes. This means that the loan funds are used for a business need.
The property was recently appraised for $1,100,000, giving the Wilshire Quinn Income Fund a total loan-to-value ratio of 65 percent on the transaction. Wilshire Quinn, a California hard money.
When dealing with a true hard money lender, experience is the key to closing real estate loan matters. At PB Financial Group Corp we have been providing quick funding since 2006 and have funded over 1700 hard money/private money loans.
Hard Money Loans When traditional financing isn’t available, a hard money loan may be your best solution. Hard Money Loans – Quick Reference. Second and vacation homes, investment property, and commercial property are eligible. Primary, owner-occupied homes must meet certain exemptions to qualify. Call for info.
Arizona Hard Money Lenders Hard Money Lenders Arizona – We are hard money lenders in Arizona that are extremely trustworthy, efficient, and experienced. If you need hard money for your next commercial property acquisition, construction project, fix and flip, or buy and hold property in Phoenix let us work with you!
Why Vantex Capital? At Vantex Capital Group, hard money mortgage lending is our primary business. We have been licensed in the State of California by the Bureau of Real Estate since 2003, and our President has been originating hard money mortgage loans for over thirty years.
Hard money is a way to borrow without using traditional mortgage lenders. los angeles private money loans come from investors who lend money based on the property you’re using as collateral. Hard money loans provide an option when loans need to happen quickly in Southern California.
When a borrower pays the loan off early, the lender tries to recoup some of its costs through a prepayment penalty. Hard money loans frequently incorporate this penalty because the private investor wants a commitment from the lender and borrower that the.
LendingHome issued $438 million of hard money loans in California last year which makes up 20% of the fix-and-flip bridge loans in the state.* We offer competitive hard money loan terms up to 90% of the purchase price, up to 125% rehabilitation with holdback, and fund up to $1 million per deal or $5 million across multiple deals.
Hard Money Lenders For Investment Property used to purchase either a home or investment property bridge loans such as hard money loans used for short term projects loans for individuals with down payment or credit challenges Standard mortgages.
Don Hensel has been involved in the hard money lending business since 1979. North Coast Financial and its affiliates have funded over $750 million in hard money real estate loans in California. These loans have been secured by single family residences, multi-family residences, commercial buildings, and land.