Scroll Top
Call Us 24/7 to Get Started:

Bridge Loans

When it comes to securing a bridge loan for a real estate transaction in California, it can be challenging to find a lender who offers flexible terms, quick turnaround times, and reasonable interest rates. This is where Hard Money Lenders California stands out as the premier lender for anyone seeking a bridge loan in the state.

Get Funded Today

If you prefer to email us, fill out the form below and an associate will contact you to review the loan scenario and provide a quote.

Hard Money Lenders California is a leading private lending firm that specializes in providing bridge loans to real estate investors, businesses, and individuals in California. With a team of experienced professionals, we have built a reputation for providing fast, flexible, and reliable financing solutions to our clients.

What sets Hard Money Lenders California apart from other lenders is our ability to offer customized loan programs that are tailored to the unique needs of each borrower. Whether a borrower needs a short-term loan to purchase a new property, renovate an existing property, or cover business expenses, Hard Money Lenders California can provide a loan program that meets their specific requirements.

A bridge loan, also known as interim financing, is a short-term loan used to bridge the gap between the purchase of a new property and the sale of an existing property. It is typically used by individuals or businesses to cover immediate cash flow needs while waiting for a longer-term financing solution to become available.

Contact Hard Money Lenders California anytime, to speak with one of our very helpful and highly knowledgeable loan specialists about your property investment funding in California
Hard Money Lenders California
Based on 7 reviews
powered by Google
Rachelle ReedRachelle Reed
05:05 21 Jun 23
I wasn’t expecting the response time and level of professionalism / service provided. Will being using again them on my next deal.
Grace PerezGrace Perez
03:02 20 Jun 23
Nothing but positive things to say about this team. They are efficient, fast, and provide great service. Look forward to working with them again!
Mark DodgeMark Dodge
18:08 10 Mar 23
They took the time to explain to me the different options that I had. I appreciate all the help and tips they offered me!
Jerry WilsonJerry Wilson
21:15 01 Feb 23
Very impressed with the service speed, professionalism, and attention to detail when working with Hard Money Lenders Ca!
Christina NguyenChristina Nguyen
01:48 31 Jan 23
Great team, very responsive, professional, and will get everything you need done in a timely fashion. Highly recommend
Stefanie DufresneStefanie Dufresne
17:57 29 Jan 23
Seriously fast response service and amazing follow through. I never had to chase. They were so helpful with my fix and flip and i have done dozens. Really are quality people and business they operate.
Jody VelasquezJody Velasquez
16:29 27 Jan 23
Exceeded my expectations with terms and timing and that’s super critical of a lender, seems to be a great company.

Real Estate Types Funded by LA Hard Money Loans

Real Estate Types Funded by LA Hard Money Loans Here are some of the most common types of real estate investment using hard money loans in California:

What Is A Bridge Loan?

A bridge loan is a short-term loan that is typically secured by the borrower’s existing property. The loan is designed to provide funds that can be used to cover expenses associated with the purchase of a new property or the renovation of an existing property. The loan is typically repaid when the borrower’s existing property is sold, or when a longer-term financing solution becomes available.

How Bridge Loans Work

The loan is typically structured as an interest-only loan, which means that the borrower only pays interest on the loan for the duration of the loan. The loan is typically due within a few months to a year, and the borrower is expected to pay back the loan in full at that time.
One of the most common reasons why someone might need a bridge loan is to purchase a new home before selling an existing one. In this scenario, the borrower might not have enough cash on hand to purchase the new home outright, but they do have equity in their existing home that they can use as collateral for a bridge loan. Bridge loans can also be used by individuals who are going through estate planning. In this scenario, the borrower might need cash on hand to cover the costs associated with settling an estate, but they do not want to sell any assets until the estate is settled.

Why Choose Hard Money Lenders CA?

For California hard money lenders, the focus of loan application evaluation is the property value and down payment in the deal that the borrower is looking to close. With these two priorities, vs. stringent scrutiny of the credit history, lenders have much more flexibility in funding than traditional lenders using more rigid criteria.

A down payment of about 25% to 30% is common in California hard money loans. This rate might seem substantial to new real estate investors who are pricing hard money loan funding for the first time. However, this structuring is fundamental to the investor’s opportunity to acquire a property through a strategy of reducing the traditional requirements.

Cumbersome requisites are what otherwise bog down and so frequently thwart the process of obtaining loan approvals for real estate investment loans through institutional lenders.