Reason Why a Borrower Or Property Owner Needs Private Money Lenders Assistance
                     Reason Why a 
Borrower Or Property 
Owner Needs Private 
Money Lenders 
Assistance?
Hard money loans 
are secured loans 
based on assets. 
A private loan also 
known as a hard 
money loan used 
when a traditional 
bank loan won’t 
work. It is funded 
by private money 
lenders which is 
useful to all types 
of property 
investors. It is 
commonly 
acquired by 
investors such as 
developers or 
house flippers.
Why would a person need private money lenders assistance? Are you a 
developer or house flipper or self-employed, have past loan defaults, or have 
another unique situation? You might not be able to get a standard bank loan. 
Many borrowers will not fit perfectly into the banker’s guidelines and strict 
approval procedures. The role of private money lenders in Orange County 
comes in handy in such a situation.
The ability to borrow money quickly and efficiently is a common motivation for 
using a private money lender in Orange County. They are fast and efficient to 
offer private money loans for unique real estate situations. 
Orange County private money lenders provide upfront financing for your 
properties with a specific payback period. They can especially help those who 
face challenges in real estate transactions.
Conventional lenders are still funding loans. Their focus is primarily on extremely 
clean paper transactions. When a transaction falls outside that box, however, it 
can be a nightmare scenario to obtain funding. In this scenario, private hard 
money lenders offer a solution.
Credit issues may occur due to the downturn situation in the economy. These 
days many borrowers face minor credit issues. They might have lost tenants or 
permanent income sources. It will result in reduced cash flow which ultimately 
led to a late payment on their debts, house loans, or other items. These issues 
can mean loan denial through traditional funding sources.
The conventional bank loan process is lengthy and can take around 60 to 90 
days or even more. Borrowers are required to produce considerable backup 
information on income, tax returns, appraisals, and face much more scrutiny. If 
you need fast funding then private money lenders in Orange County offer you 
the ability to close the deal as quickly as five to seven days. It is considerably 
faster than traditional loans.
Under-performing assets are one of the reasons for which the developers or 
house flippers or property owners opt for private money lenders in Orange 
County. Many properties are not performing to their full potential during the 
economic downturn. Rental history may be spotty, rents may have been 
reduced for existing tenants, moratoriums in place may have meant months 
with no income, commercial properties may have vacancies. All of these 
issues can impact debt to income and debt coverage ratios – in turn impacting 
the ability to obtain a more traditional bank loan. Private hard money loans can 
overlook these issues.
Private money lenders in Orange County are cheaper than taking on a partner. 
Their bridge money lending is a convenient alternative for a small business or 
individual as opposed to giving up equity in a partnership. The ease of getting 
the funds makes it more preferable among people that need fast, creative 
funding. It is much cheaper than credit cards, personal loans or, again, 
partnerships. One can say it is a flexible yet inexpensive tool when borrowers 
fall out of traditional bank lending criteria.
Above are just a few of the many reasons why traditional loans fail. 
Fortunately, All California Lending is here to help. They are the leading 
private money lenders in Orange County who have the in-depth lending 
experience to find creative solutions for lending scenarios similar to yours. 
All California Lending specializes in helping borrowers with their unique 
scenarios to fund their transactions. Contact them at 877 462 3422 to discuss 
your specific scenario today!