Hard money lending program
For our hard money lending program, it's all in a few day work. Our Company has strong financial resources to make those loans to the customers in need for the fast cash. The hard money loans don't come cheap. But they can help make bad situations better - and sometimes, they are the only option.
We work with a private investors who have money to lend use only common sense in the underwriting process with no credit or income tax check.
Our private money loans fills a niche in California lending industry, helping consumers who have specialized needs or too many credit problems to get traditional financing.
Buyers of expensive or commercial properties
Buyers of expensive or commercial properties in California and those who already own it and want to cash out large amounts of their equity also turn to private money. So does Los Angeles real estate investors. These buyers purchase properties on the cheap, fix them up and sell them for profit. They use hard money loans because the loans come with less paperwork and restrictions than bank loans.
Foreclosures
Many borrowers in California facing foreclosure make up the last major category of hard money loans customers.
You can use the hard money loans to pay off the original lender, gaining more time to sell the property and find a new place to live. Borrowers who miss payments because of temporary problems, such as a job loss, can benefit too.
You can also use a hard money loans to rebuild your credit. By making payments on time for a year or two, you could make the groundwork for a future refinance into a more favorable loan.
These are temporary financial solutions to help people get out of a bad situation.