Is It Wise To Work With A Professional Hard Money Lander
                     Is It Wise To Work With A 
Professional Hard Money 
Lander
www.acalending.com
Working with a traditional bank or 
another large financial institution to 
secure a loan can be a headache. The 
process of securing these loans can be 
met with bureaucratic complexity and 
intense scrutiny. Working with hard 
money lenders is a common substitute 
preferred by many people.
 
Traditional loans are granted based on 
your credit score and financial history. 
But the 
hard money lenders in California will 
grant you a loan against collateral. 
You’ll have to have a property that is 
valued at more than the cash you need. 
However, a hard money loan can be 
more advantageous to both parties in 
many situations. The borrower gets the 
money they need fast and with less 
hassle. And hard money lenders can 
make money on interest without 
assuming much risk. Here are a few 
benefits of working with a hard money 
lender.
Flexibility
Banks are renowned for having rigorous lending guidelines and being restrictive. Working with a bank to secure a 
loan that meets your specific needs can be difficult. They typically offer specific lending products that adhere to 
strict criteria. On the other hand, hard money lenders in California can customize a loan that works with your 
budget and timeframe. Traditional banks or financial institutions might prefer longer-term loans to assume less risk, 
however, hard money lenders are okay with shorter-term loans based on your needs. Whatever investment you 
require, the flexibility of working with a hard money lender will ensure you’re not getting a one-size-fits-all deal.
 
Speed
There is no surprise that the loan approval process for banks takes a lot of time. You could have to wait 60 days or 
longer to see your money. If you’re working quickly to secure an investment or make a deal, this might not be quick 
enough. Hard money lenders in California work quickly and can lend you the loan within 3-5 days in some 
situations. If you have previous investing experience and can highlight the successful deals you’ve purchased in 
the past, that will also add credibility in the eyes of a hard money lender. They have an advantage over banks 
because they don’t have to go through the time-consuming procedures banks must do when lending money.
Fewer Requirements
Hard money lenders frequently approach financing with a more human perspective. Hard money lenders can carefully 
review your condition to determine whether you are a good candidate for a loan, whereas banks are required to tick 
off a set of boxes to satisfy company standards. As long as the deal makes sense, and you have experience in 
whatever type of investing you’re doing, hard money lenders will be open to granting you a loan. This is in sharp 
contrast to banks, who will carefully review your entire financial history before approving a loan.
 
Likely To Be Approved
If you’ve ever taken out a loan with a bank, you know that their approval can come at a roll of the dice. Even with 
excellent credit and a spotless financial history, you can be waiting for an answer that won’t ultimately be favorable 
because of a little, unforeseen element. Again, if you have a solid bargain to offer, you can bypass the hassle of 
dealing with a major financial institution and consider using hard money instead, which can often be quicker and 
easier.
 
All California Lending focuses on helping people through one of the most important investment decisions of their 
lifetime. They provide fast, honest, and professional real estate services for deserving clients. Call them today at 877 
462 3422 to know more about their service.