Low Income Home Loan Options Give You Hope Thanks to the many low income home loans available in the market today, you can be a
Hard Money Loan California
Hard Money Loan California Benefits:
* Fix and Flip Loan
* Fix To Rent
* Short Term Rental Loans
* Long Term Rental Loans California (DSCR)
* Multifamily and Value Add Loans
* Ground Up Construction Loan
* Commercial Real Estte Loans
* Business Lines of Credit
#1 Hard Money Lender California
CambridgeHomeLoan.com is #1 hard money loan lender in California. We have gained our reputation as the fastest hard money loan lender in multifamily loans and bridge lending because we know how critical each day is in the competitive California real estate market.
Hard Money Loan California
Loans Custom Built for Real Estate Investors
The nations #1 Lender for Fix and Flip and Fix To Rent Investment Loans
Fix & Flip Loans 90% LTC and up to 100% of fix up costs.
Ground Up Construction Loans
CambridgeHomeLoan.com takes an active part in helping our customers achieve their long term goals. Fast closings as fast as 5 days and refinancing into better rates (30 year terms) when it matters. Feel free to contact us with your loan scenario at 800-826-5077.
We lend in all 50 states!
A “Hard Money Loan” are used to purchase property and close quickly with the goal of selling it for a profit or refinancing it to rent once the repairs are completed. A Hard Money loan is works really well in these situations.
- When you need a fast closing (Our quick close time is 5 days!)
This can help you secure a better purchase price.
- If High leverage or a low down payment is required.
If repairs are needed hard money lenders look at after stabilized value
- The property needs additional funds for renovations.
Many hard money loans come with 100% rehab or construction funds
- If you cannot provide verifiable income (no tax returns required).
No income, tax returns or W2s required.
- When the asset is not yet stabilized, leased up, or producing any income.
You can typically cash out once repairs are made with hard money
- If you want a short term loan with no prepayment penalty
You can refinance at any time so your annualized interest is minimized.
At CambridgeHomeLoan.com, our hard money loans close very quickly… as little as 5 days! Our fix and flip loans and fix to rent investment real estate loans do not require personal income verification and very little documentation!
We offer a 100% programs and a limited documentation 90% down loan program as well. .
|Loan Amount:||$100,000 – $250 Million|
|Term Length:||12 – 36 Months|
|Max LTV:||100% (90% Limited Doc)|
|Rehab:||Funded 100% |
|Interest Rate:||Starting at 5.50%|
|Closing Time:||5 – 14 Days|
|Loan Use:||Purchase, Rehab, Refinance|
Cash Out Re-finance
Buy, Rehab, Rent, Refinance, Repeat and grow your passive income with Hard Money Loans
Hard money loans are a great way to leverage your existing capital to generate more income with the ability to close & flip more projects at once! CambridgeHomeLoan.com finances the acquisition and the rehab costs of the project.
How Does A Hard Money Loan Work in California?
A hard money loan is a way for you to borrow money for real estate without using traditional mortgage lenders. Instead, the funds come from individuals or investors who lend money based primarily on the property you’re using as collateral.
Traditional mortgage loans require proof that you can comfortably repay the debt. Lenders often review your credit scores and any income available to evaluate your creditworthiness. If you have plenty of income, savings, or can get another collateralized loan you might not need to worry.
However, the process becomes more challenging if you have a low credit score, an income source that is difficult to verify to your lender’s satisfaction, or a high debt-to-income ratio.
Hard money loans are generally short-term loans, lasting from 1,2 or three years. You use them as a quick way to get money for a purchase. However, you wouldn’t want to keep one of these loans for an extended period because interest rates for hard money are typically relatively high.
Benefits of Hard Money Loan in California
Hard Money Loans Are Approved And Funded Quickly
Real estate investors who haven’t previously used hard money will be amazed at how quickly hard money loans are funded compared to banks. Hard money loans can be funded with 3-5 days if needed. Compare that with 30+ days it takes for a bank to fund. This speedy funding has saved numerous real estate investors who have been in escrow only to have their original lender pull out or simply not deliver. This is a perfect situation for a hard money lender to step in, provide financing quickly and save the deal.
Hard Money Loans Have Few Requirements
Banks also have a list of issues that will raise a red flag and prevent them from even considering lending to a borrower such as recent foreclosures, short sales, loan modifications, and bankruptcies. Bad credit is another factor that will prevent a bank from lending to a borrower. Most banks will not lend to a borrower who already has 4 mortgages even if the borrower’s credit is perfect with no other issues.
Hard Money Loans Provide Funding For Projects That Cannot Be Financed Elsewhere
Hard money lenders provide many loans that conventional lenders such as banks have no interest in financing. A good example of this is a fix and flip loan. These projects involve a real estate investor purchasing a property with a short term loan so that the investor can quickly make the needed repairs and updates and then sell the property. In most cases, the real estate investor only needs a 12 month loan. A 12 month term doesn’t work with a bank’s business model. Banks want to lend money for the long term and are happy to make a small amount of interest over a long period of time.
California is a state in the Western United States. California borders Oregon to the north, Nevada and Arizona to the east, the Mexican state of Baja California to the south; and has a coastline along the Pacific Ocean to the west. With over 39.5 million residents across a total area of approximately 163,696 square miles (423,970 km2),
California is the most populous and the third-largest U.S. state by area. It is also the most populated subnational entity in North America and the 34th most populous in the world. The Greater Los Angeles area and the San Francisco Bay Area are the nation’s second and fifth most populous urban regions respectively, with the former having more than 18.7 million residents and the latter having over 9.6 million.
One of the best places to invest in Flip houses and commercial real estate
Hard Money Loan California for Fix and Flip Projects
Hard Money Loans California
Commercial Real Estate Hard Money Loan. Great Rates! Fast Close!!
Hard Money Loan Application
Hard Money Loan California
We provide a Fast Close for Investment Properties and Commercial Real Estate. Fix and Flip, Fix to Rent, Multifamily, Commercial real estate. We have Purchase, Refinance and Cash out Refinance programs available. Hard money Loan programs can finance up to 90% of the acquisition on fix To flip/Fix to rent and 85 – 100% LTC of commercial real estate and multifamily acquisition. We provide 100% of the construction costs. For all of your hard money needs, contact us today!
CambridgeHomeLoan.com takes an active part in helping our customers achieve their long term goals. Fast closings and refinancing into better rates when it matters. Feel free to contact us with your loan scenario at 800-826-5077.
Fix and Flip or Fix To Rent Loans can be closed in just 5-7 days. If you would like to prepare for your first deal contact us for a soft quote and our due diligence check list. From your first investment real estate loan to putting together a portfolio loan for all of your investment properties, CambridgeHomeLoan.com is the resource that can help you from the very beginning of your investment career.
CambridgeHomeLoan.com can manage all of your real estate loans from ground up construction, spec houses to fix and flip and fix to rent home loans. When you want to get your price and close in just a few days to easy rehab draws that can help you get your project done on time and in budget. Give us a call today with your project outline and we can give you the possibilities.
Why to Live in California? Probably the single biggest reason. California gets 280–300 days of sun per year. The winters in the valleys, and coast are temperate, and very much a Mediterranean climate. 2. Jobs, and other opportunities – Los Angeles Basin and Metro Area, and SF Great Bay Area together have about 30M people living in them.
Hard Money Loan California
We are serving all of California cities including Los Angeles, San Diego, San Jose, San Francisco, Fresno, Sacramento, Long Beach, Oakland, Bakersfield, Anaheim, Stockton, Riverside, Santa Ana, Irvine, Chula Vista, Fremont, Santa Clarita, San Bernardino, Modesto, Moreno Valley, Fontana, Oxnard, Huntington Beach, Glendale, Santa Rosa, Elk Grove, Ontario, Rancho Cucamonga, Oceanside, Lancaster, Garden Grove, Palmdale, Salinas, Hayward, Corona,
Sunnyvale, Pomona, Escondido, Roseville, Torrance, Fullerton, Visalia, Orange, Pasadena, Victorville, Santa Clara, Thousand Oaks, Simi Valley, Vallejo, Concord, Berkeley, Clovis, Fairfield, East Los Angeles, Richmond, Antioch, Carlsbad, Downey, Costa Mesa, Murrieta, San Buenaventura (Ventura), Temecula, Santa Maria, West Covina, El Monte, Inglewood, Burbank, El Cajon, San Mateo, Jurupa Valley, Daly City, Rialto, Norwalk, Menifee, Vacaville, Chico and all of California.
Not just California, we are serving Nationwide:
Hard Money Loan Alabama, Hard Money Loan Alaska, Hard Money Loan Arizona, Hard Money Loan Arkansas, Hard Money Loan California, Hard Money Loan Colorado, Hard Money Loan Connecticut, Hard Money Loan Delaware, Hard Money Loan Florida, Hard Money Loan Georgia, Hard Money Loan Hawaii, Hard Money Loan Idaho, Hard Money Loan Illinois, Hard Money Loan Indiana, Hard Money Loan Iowa, Hard Money Loan Kansas, Hard Money Loan Kentucky, Hard Money Loan Louisiana, Hard Money Loan Maine, Hard Money Loan Maryland, Hard Money Loan Massachusetts, Hard Money Loan Michigan, Hard Money Loan Minnesota, Hard Money Loan Mississippi, Hard Money Loan Missouri, Hard Money Loan Montana, Hard Money Loan
Nebraska, Hard Money Loan Nevada, Hard Money Loan New Hampshire, Hard Money Loan New Jersey, Hard Money Loan New Mexico, Hard Money Loan New York, Hard Money Loan North Carolina, Hard Money Loan North Dakota, Hard Money Loan Ohio, Hard Money Loan Oklahoma, Hard Money Loan Oregon, Hard Money Loan Pennsylvania, Hard Money Loan Rhode Island, Hard Money Loan South Carolina, Hard Money Loan South Dakota, Hard Money Loan Tennessee, Hard Money Loan Texas, Hard Money Loan Utah, Hard Money Loan Vermont, Hard Money Loan Virginia, Hard Money Loan Washington, Hard Money Loan West Virginia, Hard Money Loan Wisconsin, Hard Money Loan Wyoming
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