Uploaded on Nov 26, 2021
When discussed in regards to real estate financing, the delineation of “residential hard money”, is basically a non-bankable loan on an investment single family home. The term residential hard money is often interchanged with bridge loans, private loans, no-doc loans, etc. The equity of the property is taken into consideration for a residential hard money loan underwriting decisions.
When Residential Hard Money Loans Are the Best Alternative
When Residential Hard
Money Loans Are the Best
Alternative
When discussed in regards to real
estate financing, the delineation
of “residential hard money”, is
basically a non-bankable loan on
an investment single family
home. The term residential hard
money is often interchanged with
bridge loans, private loans, no-
doc loans, etc. The equity of the
property is taken into
consideration for a residential
hard money loan underwriting
decisions. In this scenario the
residential investment real estate
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for the transaction. Residential
hAa rreds idmenotniaely halroda nms oncelyo sleo anf aisst an excellent alternative to conventional bank
(losaonm. eTtihmise sa litne ransa tfeivwe afisn athnrceineg o ro ption is helpful to the borrowers in several
fcoirucru mdsatayns ceds.e Lpeetn’sd ihnagv eo an loothke a t some of the circumstances when residential
shiaturda tmioonn).ey financing might be suitable.
●Borrowers with compromised credit
●Tax liens/judgements/unpaid items, etc.
●Borrowers that are looking for quick cash
on their residential investment property.
●Property repositioning
●Time confined borrowers and borrowers
who require a fast closing.
●Foreclosure cure
●Foreign nationals
●Borrowers who don’t have the time and
patience to meet the multiple requirements
of traditional lenders.
●Complicated loans with more than one
pieces of security
How to select a residential hard money lender in California?
As far as selecting a residential hard money lender is concerned, you want to
choose someone you can rely on. After all, real estate financing is a massive
commitment! With an A+ rating with the BBB, and five-stars on Google, All
California Lending is known to have a history of satisfying customers. With
fast access to capital, we make applying for a residential hard money loan
quick and easy.
Our goal is to help our clients accomplish their real estate dreams with ease.
With loans available for condos, apartments, single-family homes, duplex,
triplex and fix flip projects, commencing your new business venture with us
is a streamlined process. Our long term relationships with reputable
residential hard money lenders in California will help you move your
real estate investing career forward by allowing you access to multiple ways
to leverage.
We offer some of the best customer service in the industry & work with each
client on an individual basis to determine their equity and help get a loan to
meet their needs. Contact us at 877 462 3422 if you are all set to start your
new real estate journey.
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