The only other alternative in Seattle was “hard money” lenders. which now has offices in Seattle, Solana Beach, California.
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PB Financial Group Corp is a direct private money lender, hard money lender and bridge lender in California. Our goal is to work to satisfy your financing needs on California real estate in a timely matter, may it be purchasing a property or refinance or providing bridge financing.
About Us We are comprised of experienced, knowledgeable and dedicated professionals. We have expertise in every area of private and institutional real estate financing and hard money mortgages in California and surrounding areas .
Hard Money Lenders Washington State Hard money loans, on the other hand, are based on a "hard" asset or the value of the property, so hard money lenders don’t usually ask for documentation of income or any of that messy stuff when we are funding a fix and flip investment.
California Hard money lender. wilshire quinn is a California hard money lender, financing real estate investments up to $10 million. We work fast, turning loans around much quicker than traditional lending institutions, because we know time is critical for borrowers looking to invest in California’s competitive market.
Some Western cities are seeing big declines in home flips, including in Seattle and San Jose, California, based on the rate of those types of transactions as a percentage of all sales. For now, hard.
Most hard money lenders charge 16-18% interest and thousands in up-front fees. By the time you factor in the loan costs, there isn’t any profit left in the deal for you. In addition, hard money lenders have tightened up their borrower requirements over the last few years, so actually getting them to fund your deal is next to impossible!
Hard money lenders in California Option A. Manual Contact – You may contact manually each hard money lender in California (partial list below). Before you contact any lender you should prepare a short executive summary describing your hard money loan request.
California hard money lender lima One Capital’s industry leading fix-and-flip , rental , and multifamily property financing is available throughout the state of California. As a hard money lender our mission is to provide unparalleled customer service, absolutely NO junk fees, and the best rates and terms in the hard money industry for real.
Hard Money Loan Percentage Rates Most hard money lenders keep loan-to-value ratios relatively low. Their maximum LTV ratio might be 50% to 70%, so you’ll need assets to qualify for hard money. With ratios this low, lenders know they can sell your property quickly and have a reasonable shot at getting their money back.
Source Capital is a direct, private hard money lender in Arizona, Minnesota, and California, but we specialize in San Diego and Los Angeles hard money loans. We provide our clients with hard money loans to satisfy residential or commercial hard money lending needs.