Why should you work with a professional hard money lender
                     Why should you work with a 
professional hard money 
lender
www.acalending.com
Most real estate investors need some 
capital before starting a project. For 
this people usually go to local banks 
or private financers to seek loans to 
fund their projects. But banks have 
been heavily regulated regarding 
mortgage lending practices, 
especially on investment properties. 
Hard money lenders can help in this 
situation. They offer short-term 
financing in less time than more 
traditional loans. Working with hard 
money lenders has several 
advantages, even though the word 
“hard money” sometimes carries a 
bad reputation. Hard money lenders 
can provide some appealing 
advantages that conventional banks 
cannot. It is a good tool to have 
access to no matter whether you are 
a dedicated home flipper or a 
landlord building a portfolio of rental 
properties.
Faster Home Loan Closing Times
The process of getting approval & payment from traditional bankers for conventional financing takes more time and 
huge paperwork review processes typically speaking. They need multiple rounds of internal approval, and the 
process may extend to 90 days or even more. The approval process in the case of a hard money loan takes a few 
days if you go with a reputed hard money lender in San Diego. Many hard money loans can close in as little as 7-
10 business days. It is useful to take a hard money loan to finalize a good deal when you see it. If you don’t have 
the cash on hand to fund a deal out of pocket, working with a hard money lender in San Diego is often the quickest 
way to get it.
Less requirements to approve loans
A key advantage of taking a hard money loan in San Diego over a traditional bank loan is that it requires less paper 
work. They are more interested in the value of the property itself than the borrower’s income or credit history. They 
can calculate risk and may turn down deals for several reasons. But when all the steps are considered, obtaining 
funding from a hard money lender is typically simpler.
Measurement by Hard Money Lenders is based on Future Value
The standing value of a property is considered by the majority of large banks when deciding on loan terms. 
Borrowers might need to obtain two loans—one for the purchase price and the other for the construction—which 
can be a major problem. Hard money lenders, on the other hand, assess a property based on future value and 
decide what they can lend for the purchase and construction. It makes things more convenient for borrowers.
Increased Project Volume for Investors
Working with a hard money lender allows investors to take on a greater number of projects by leveraging investments 
while maintaining their own Many hard money lenders, including All California Lending, will lend on multiple projects at 
one time. Working with a large bank probably won’t give you this flexibility. Developing a relationship with a hard money 
lender makes things even more comfortable. You can get better offers over time.
Hard money loans Lenders Can Be Flexible
Working directly with the hard-money lenders who will be funding your project bring you flexibility. They offer the 
opportunity to negotiate the interest rates or loan terms that you may not find in traditional loans Of course, most 
lenders still adhere to certain general best practices to reduce risk. Negotiating with the individual you are borrowing 
from is far simpler than trying to convince a bank to change its normal conditions.Real estate investors have more 
flexibility, convenience, and speed thanks to hard money loans. All such things are very important in the real estate 
business. All California Lending offers hard money loans with 12-36-month terms and interest only rates. If you’re an 
investor seeking a capital partner, call All California Lending to see what financing options you qualify for!