Classified Get $50K-$1Mil Hard Money Loans for Purchase, Refinance, Debt Consolidation, 2nd, Stated Income realestateservices

* Each loan is unique and the rate, terms, fees are depended on the loan amount, loan to value, lien position, property location, property type, purpose of loan, borrower ability to pay, credit etc.

We care more about Equity in the property, borrowers Ability to make payments & theirs Exit plan to repay the loan. We won't waste your time. If we can't help you, we'll refer you to a private lender who may.

A hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by the value of a parcel of real estate. Hard money loans are typically issued by private investors or companies. Interest rates are typically higher than conventional commercial or residential property loans because of the higher risk taken by the lender. Most hard money loans are used for projects lasting from a few months to a few years. Most Hard money loans are stated income, stated assets in some case no doc loans.

Private money is a commonly used term in banking and finance. It refers to lending money to a company or individual by a private individual or organization. While banks are traditional sources of financing for real estate, and other purposes, private money is offered by individuals or organizations and may have non traditional qualifying guidelines. There are higher risks associated with private lending for both the lender and borrowers.

A Commercial loan is a mortgage loan secured by commercial property, such as an office building, mixed use property, commercial buildings, shopping center, industrial warehouse, or apartment complex. The proceeds from a commercial mortgage are typically used to acquire, refinance, rehab or redevelop commercial property.

Commercial loans are structured to meet the needs of the borrower and the commercial lenders. Key terms include the loan amount, interest rate, term, amortization schedule, and prepayment flexibility. Commercial loans are generally subject to extensive underwriting and due diligence prior to closing. The Commercial lender's underwriting process may include a financial review of the property and the property owner, as well as commissioning and review of various third-party reports, such as an appraisal.

Hard money lenders are lending companies, or individuals, offering a specialized type of collateral backed loan. Private Hard Money Lenders tend to lend short-term capital (also called bridge loans) that provide funding and or cash, based on the value of the collateral. Hard money lenders and Investors can and will utilize all types of collateral- cars, boats, land, airplanes, hard assets, paintings, etc. to complete the loan. Hard money lenders tend to focus on the value of the collateral and sometimes borrower's ability to repay, FICO score, debt to income balance; instead of based on their own personal income or other assets, as is common with traditional lenders. Hard money lenders typically charge much higher interest rates than banks because they fund deals that do not conform to bank standards such as verification of borrower's income, assets, or credit score.

Private Hard money lenders & Investors will offer a range of requirements on how much they will lend (loan to value), what types of real estate they will lend on (commercial, residential, multi-family, land) and minimum and maximum loan sizes. Hard money lenders that lend on residential property are licensed through their state regulatory agency.

We provide Hard Money 2nd second and 3rd mortgage loans. A 2nd Mortgage is a second lien on a property. Called lien holders positioning, the 2nd mortgage falls behind the 1st mortgage. When refinancing if the borrower wants to refinance the 1st mortgage and keep the 2nd mortgage, the homeowner has to request a subordination from the 2nd lender to let the new 1st lender step into the first lien holder position.

A 2nd mortgage can be structured as a fixed amount to be paid off in a specific time, called home equity term. They can also be structured like a credit card giving the borrower the option to make a payment less than the interest charged each month.

2nd mortgages are riskier for lenders and thus generally come with a higher interest rate than first mortgages. This is due if the loan goes into default, the first mortgage gets paid off first before the second mortgage. Commercial loans can have multiple loans as long as the equity supports it. Due to lender guidelines, it is rare for conventional loans for a property having a 3rd or 4th mortgage.

Hard money lenders provide Stated Income Loans. Stated income loans allow borrowers to simply state their monthly income on a mortgage application instead of verifying the actual amount by furnishing pay stubs or tax returns. Stated income loan are mostly used by self employed borrowers. In some cases lender would ask for bank statements to support the stated income.

A SIVA loan, or stated income/verified asset loan, allows you to state your monthly gross income on the loan application and requires you to verify your assets by furnishing bank statements or a similar asset document.

A SISA loan, or state income/stated asset loan, allows you to state both your monthly gross income and your assets. So in this case, both items are simply stated, and the bank or lender will not ask you to verify the information. Find Stated Income Loans & Lenders.

We have access to hundreds of Private Hard Money Lenders for Vacant Land, Hard Money Lenders for Rehab, Fix & Flip, Construction Loan, Manufactured Home Loans.

We also provide Private Hard Money Construction Loan. A construction loan is any value added loan where the proceeds are used to finance construction of some kind. A construction loan is a more specific type of loan, designed for construction and containing features such as interest reserves, where repayment ability may be based on something that can only occur when the project is built. Thus, the defining features of these loans are special monitoring and guidelines above normal loan guidelines to ensure that the project is completed so that repayment can begin to take place.

Construction loans utilize fund control or construction reserve accounts, which are responsible for disbursing the predetermined funds from the lender to the borrower once the corresponding construction tasks are completed.

Construction loan rates can be anywhere from 10-15% depending on various factors affecting the risk of the project. The preferred loan to value (LTV) on new construction loans is in generally 50-70%. The terms available for a construction loan ranges from 6 to 18 months. In some cases, extensions on the term of the loan may be granted as long as regular payments are being made and the loan is current.

We also provide loans against Manufactured Homes Loans. Manufactured housing (commonly known as mobile homes in the United States) is a type of prefabricated housing that is largely assembled in factories and then transported to sites of use. The definition of the term in the United States is regulated by federal law (Code of Federal Regulations, 24 CFR 3280): "Manufactured homes are built as dwelling units of at least 320 square feet (30 m2) in size with a permanent chassis to assure the initial and continued transportability of the home. We have access many private hard money lenders & investors for mobile homes on permanent foundation.

We also provide commercial loans & financing for Industrial building. Industrial building is a commercial building which is used for industrial purposes. Industrial building are used for manufacturing, altering, repairing, cleaning, washing, breaking-up, adapting or processing any article; generating power or slaughtering livestock. We have access to many commercial private hard money lenders & investors for industrial building.

We also provide commercial loans & financing for Office building. An office is generally a room or other area where administrative work is done and a Office building ia a structure used primarily for the conduct of business relating to administration, clerical services, consulting, and other client services not related to retail sales. Office buildings can hold single office or multiple offices. We have access to many commercial private hard money lenders & investors for Office building.

We also provide commercial loans & financing for strip mall & shopping center. A strip mall also called a shopping plaza, shopping center, or mini-mall is an open-air shopping mall where the stores are arranged in a row, with a sidewalk in front. Strip malls are typically developed as a unit and have large parking lots in front. Strip mall or shopping center face major traffic arterials and tend to be self-contained with few pedestrian connections to surrounding neighborhoods. We have access to many commercial private hard money lenders & investors for strip mall & shopping center.

We also provide commercial loans & financing for Auto repair garage shops. An automobile repair shop (also known as a auto repair garage) is a repair shop where automobiles are repaired by auto mechanics and electricians. Automobile repair workshops that are independently owned and operated businesses. These may also include regional or national chains and franchises including OEM car dealership sites. Specialty automobile repair shops are shops specializing in certain parts such as brakes, mufflers and exhaust systems, transmissions, body parts, automobile electrification, automotive air conditioner repairs, automotive glass repairs and installation, and wheel alignment or those who only work on certain brands of vehicle or vehicles from certain continents of the world. We have access to many commercial private hard money lenders & investors for Auto repair garage shops.

We also provide commercial loans & financing for Retail shops. A retail store where merchandise is sold, usually a product, usually on a retail basis, and where wares are often kept. Retail Shops may be on residential streets, streets with few or no houses, or in a shopping mall. We have access to many commercial private hard money lenders & investors for retail shops.

We also provide commercial loans & financing for Apartment buildings. An apartment building is a large building that has several or many apartments. A Apartment or a flat is a self-contained housing unit (a type of residential real estate) that occupies only part of a building, correctly, on a single level without a stair. Such a building may be called an apartment building, apartment complex, apartment house. We have access to many commercial private hard money lenders & investors for Apartment Building.

We also provide commercial loans & financing for Commercial Warehouse. A warehouse is a commercial building for storage of goods. Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. A commercial warehouse is are usually large plain buildings in industrial areas of cities, towns and villages. Commercial warehouse usually have loading docks to load and unload goods from trucks. Sometimes warehouses are designed for the loading and unloading of goods directly from railways, airports, or seaports. Commercial Warehouse often have cranes and forklifts for moving goods, which are usually placed on ISO standard pallets loaded into pallet racks. Stored goods can include any raw materials, packing materials, spare parts, components, or finished goods associated with agriculture, manufacturing and production. We have access to many commercial private hard money lenders & investors for Commercial Warehouse.

We also provide commercial loans & financing for Mixed-Use Property. Mixed Use Property combines multiple property uses within a single building or development, such as residential, office, retail, industrial, hotel and community purposes. Mixed-use property is in a broad sense any urban, suburban or village development, or even a single building, that blends a combination of residential, commercial, cultural, institutional, or industrial uses, where those functions are physically and functionally integrated, and that provides pedestrian connections. The term ("a mixed-use development") may also be used more specifically to refer to a mixed-use real estate development project—a building, complex of buildings, or district of a town or city that is developed for mixed-use by a private developer, governmental agency, or a combination thereof. We have access to many commercial private hard money lenders & investors for Commercial mixed use properties.

We also provide commercial loans & financing for Self Storage or Mini Storage building. Self storage (a shorthand for "self-service storage", and also known as "mini storage") is an industry in which storage space (such as rooms, lockers, containers, and/or outdoor space), also known as "storage units" is rented to tenants, usually on a short-term basis (often month-to-month). Self-storage tenants include businesses and individuals. The self-storage industry is primarily a United States-based industry: of the 58,000 storage facilities worldwide in 2009, 46,000 were located in the United States. We have access to many commercial private hard money lenders & investors for Commercial Self Mini Storage properties.

We also provide commercial loans & financing for Senior Care Facility. Senior Care Facility Living, or simply eldercare (also known in parts of the English speaking world as aged care), is the fulfillment of the special needs and requirements that are unique to senior citizens. This broad term encompasses such services as assisted living, adult day care, long term care, nursing homes (often referred to as residential care), hospice care, and home care. Because of the wide variety of elderly care found nationally, as well as differentiating cultural perspectives on elderly citizens, cannot to be limited to any one practice. For example, many countries in Asia use government-established elderly care quite infrequently, preferring the traditional methods of being cared for by younger generations of family members. We have access to many commercial private hard money lenders & investors for Senior Care Facility.

We also provide loans & Financing for the following property type;

Apartment Building Loans, Auto Repair Loans, Auto Dealership, Anchored Strip Center Loans, Assisted Living Facility Loans, Bowling Alley Loans, Car Wash Loans, Church, Commercial, Construction, Convenience Store Loans, Condominium, Congregate Care Facility, Day Care Center Loans, Dental Office, Fitness Center Loans, Funeral Home Loans, Garden Apartment Loans, Gas Station Loans, Golf Course Loans, Health Club, Healthcare Financing, Hotel Loans, Industrial Property Loans, Marina Financing, Medical Office Loans, Mini Storage Loans, Mixed-Use Loans, Motel Loans, Mobile Home Park Loans, Manufactured Homes, Multi-Family Homes, Nursing Home Loans, Office Building Loans, Restaurant, Retail, SBA Loans, School, Self Storage Loans, Senior Housing Loans, Veterinary - Animal Clinic Animal Hospital, Warehouse Loans.

We are Private Hard Money Mortgage Broker servicing clients in . We are Mortgage Broker representing a wide range of Equity based private hard money lenders and investors that use a “common sense” approach to provide you with the best loan possible. As a Commercial Private Hard Money Mortgage Broker in we can also help borrower with their commercial financing needs.

For Free Consultation Please Call (951) 254-3712 or Visit us at vfindloans.com Hard Money Loans

• Location: San Diego