California wild fire and an ocean beach scene metaphors our hard money solutions
We offer a directory of direct hard money lenders in California.
We serve all of the main metropolitan cities in California, including: Bakersfield, Chico, Paradise, Oroville, El Centro, Fresno, Los Angeles, Long Beach, Glendale, Madera, Modesto, Merced, Napa, Oakland, Fremont, Hayward, Oxnard, Thousand Oaks, Ventura, Redding, Red Bluff, Riverside, San Bernardino, Ontario, Sacramento, Roseville, Salinas, San Diego, Carlsbad, San Marcos, San Francisco, San Mateo, Redwood City, San Jose, Sunnyvale, Santa Clara, Santa Ana, Anaheim, Irvine, Santa Barbara, Santa Maria, Santa Cruz, Watsonville, Santa Rosa, Petaluma, Redondo Beach, Stockton, Vallejo, Fairfield, Visalia, Porterville, Yuba City, Marysville and many others in CA!
Residential California hard money loans are typically given at a maximum loan-to-value ratio of 70% of the purchase price of a home or for a refinance - cash out up to 70% of the appraised value. This 30% of equity may seem like a lot of cushion for the lender but consider what position many convention lenders are in now! Most conventional lenders are out of business and we're seeing the big banks closing their doors. Hard money lenders always play it safe, that's why
savvy lenders require at least 30% equity in your home. Many can cross-collateralize your CA properties if necessary to make your deal work. In other words
you could max out one property up to 100% hard money financing if you have another property
that can be secured for collateral!
There are few other qualifications for a hard money loan besides having that 30% "skin in the game" (skin in the game means having the 30 or more percent to put down on a purchase or at least 30% remaining equity in a home when refinancing.) Depending on the size and scope of your California deal you may be required to have a FICO score of 620+ but for most transactions most lenders still loan to anyone - even with bad or no credit!
If you are looking for a hard money loan on an investment property, a California hardmoney residential refinance or a commercial transaction your first stop should be check out the lenders below. They can provide hard money loans strictly based on LTV (Loan-to-Value Ratio) and can fund quickly to make your deal work. We have the ONLY hard money lenders that instantly gives you a lending decision. They provide a fully-automated immediate CA hard money decision.