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Hard Money Loans California 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.
All California Lending Hard Money Loans. All California Lending is your source for California hard money loans. We specialize in these types of transactions – with years of experience, hard money lending and commercial loans are all we do. For hard money lenders equity is the most important factor when making lending decisions.
Wilshire Quinn, a California hard money lender, provides financing to borrowers who are unable to obtain credit from traditional lending institutions or need to close quickly on a property. Loans are.
North Coast Financial is based in San Diego, California and provides fast hard money loans in Southern California, Northern California and Central California. We lend throughout the state of California and specialize in the areas of San Diego, Los Angeles, San Francisco Bay Area, Orange County, Riverside, Ventura and Sacramento.
A hard money loan is a kind of funding where real estate is acting as the asset that backs it. Hard money loans are typically administered by private lenders and investors, and normally come with elevated interest rates.
Residential hard money loans limited to California only (Commercial income property hard money loans available nationwide) minimum hard money residential loan is $50,000. No "cash-out" loans on lots or land. No residential rehab loans based on "after repaired value" (current AS-IS value only) Homes on leased land do not qualify.
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What Is The Interest Rate On A Hard Money Loan FAQ Hard Money Lending – ARIXA CAPITAL – The "hard" in hard money lending refers to the higher price which is charged to borrowers both in terms of interest rates (typically high single digits or low double digits) and higher loan origination fees (often around 2 percent of the loan amount, versus 1 percent or less for a typical bank loan).
A hard money loan is funded by private investors for a term of about 12 months. Sometimes the term can be extended to 2-5 years. The amount of money the borrower can receive from the lender depends on the value of the property rather than the borrowers’ credit.
Vanguard Hard Money provides hard money financing for Southern California. Loan programs that help investors purchase and rehab properties. loans based on the after repair value.