Hard Money Loans Why You Need Them
                     Hard Money Loans: 
Why You Need Them?
You must have heard of 
hard money loans if you 
are a real estate investor 
or are considering being 
one! These loans are 
excellent financial tools for 
financing real estate 
initiatives. Real estate 
investors frequently 
employ hard money loans 
to purchase homes to 
resell. They use them to 
purchase homes or other 
types of properties to 
renovate and resell. You, as 
a borrower, can not only 
use this money to fund 
your real estate ventures, 
but can get it much faster 
than you could with a 
traditional loan. A hard 
money loan has several 
important advantages, 
including a short approval 
time.
Quick Approval
Traditional banks are often required to comply with stringent conditions that borrowers 
must complete before they may release any form of a loan. It takes months to process 
and release your funds. Because of the risks involved, banks often do not offer these 
types of loans. Hence people like to rely on leading San Francisco hard money lenders and 
get the required funds quickly. The hard money lenders in San Francisco don’t typically 
require a lengthy underwriting process, allowing borrowers to obtain funds in as little as 
five days. Real estate investors benefit greatly from the rapid turnaround time. Sometimes 
itC mreadkiets H ai shtuogrey  dCiffoenrteenmcep lwahteionn ist comes to closing a deal.
San Francisco hard money lenders offer more flexibility with the loan terms without too 
many regulations attached. They are more concerned with the properties current and/or 
after repair value (ARV). The hard money lenders in San Francisco don’t focus on 
borrowers’ credit history and income as traditional mortgage lenders require. To acquire a 
hard money loan, you don’t need a great credit score either. San Francisco hard money 
lenders need to know the property’s current and/or after-repair value (ARV) and based on 
that they can typically extend terms for business or investment purpose lending. Hard 
money loans are not backed by your credit. Ins3tead, the debt is secured by the collateral, 
which is the property, rather than your creditworthiness.
Flexible Loan Terms
It doesn’t matter how bad your creditworthiness is if you have property or assets to offer 
as collateral for your loan. San Francisco hard money lenders are not bound by the same 
rules as traditional lenders. They are more flexible when negotiating the terms of your hard 
money loan. But you should be aware of the fact that the trade off with hard money loans 
is the rates and costs – they are typically higher than traditional mortgage loan rates. They 
are typically interest only loans, however, meaning your monthly cash flow on a higher 
rate is not necessarily lower than it would be with a lower rate, fully amortized loan.
Apply for a Hard Money Loan Today
Hard money loans are excellent financial tools that can be used for several purposes. You 
can utilize the funds to renovate an existing property or to start a new project. Whether 
you need money to get started investing in real estate or to upgrade an existing home, 
you’ll want to work with a trustworthy lender. All California Lending is a leading hard 
money lender in San Francisco. They have local knowledge and experience to provide you 
with the loan you require for your real estate investment portfolio. Contact them right 
away if you are ready to begin the process of obtaining your hard money real estate loans. 
Their team is ready to address any concerns4 or questions you may have concerning the 
application process.