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California Private Money Is Now Very Competitive, But Knowing What Each Lender Will Fund Is A Different Story.
Far too often, we see brokers over shopping their loans and they ruin any chance of the loan being funded. When a loan is not presented properly for that particular lender, not only does it discourage the investor from reading through it, but it can hurt the borrower's chance at getting a loan at all. If an investor realizes that a loan is being over submitted and the loan has yet to be funded, it will make him/her curious as to why no one else has funded it and they will pass.
Each investor has a certain sweet spot and looks at particular information within a loan package so taking the time to know them will prove to be very beneficial. As a california hard money lender, we take the time to know our competition in order to provide our borrowers with the best rate available. We are different than many investors in that we will not fund the loan internally if we know of a competitor that will make the loan for less. As a california bridge lender we believe that it is our fiduciary responsibility to do everything we can to ensure each loan is made at the most attractive rate for the client.
As a commercial bridge lender we go above and beyond for every client. If you are new to the hard money lending market or just do not have the investors readily available to truly know you are getting the best hard money rate, give us a call and we will help you. Instead of spending a good amount of time shopping a loan blindly, use us as your private debt one stop resource. We know virtually every lender or private beneficiary across the United States that funds loans on a regular basis, so there is no need to search anywhere else.
We also personally make residential bridge loans in first and second position throughout California and Florida.
Commercial private debt loans we lend throughout most of the United States in attractive, suburban areas.
Hard money does not have to be hard in this market.
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