How Money Loans Work

Harper Pearce

California Hard Money Direct is one of the most distinguished and best hard money lenders of the state of California.

Here we present a quick guide about borrowing hard money from us. 

What is hard money lending?

Hard money lenders use real estate as collateral. If the borrower can explain why the investment makes sense, we can arrange the loan! No need for a long and horrendous credit check process. Traditional lenders, like banks, do a credit check to determine your creditworthiness. You will receive a loan when you fit into their box. If not, they will reject your request. To stringent, according to us. We help everyone in need of money when the investment makes sense. 

How does it work?

You can call us at 310-736-1576 or fill out our form on our website californiahardmoneydirect.net for a callback. The pre-approval of the loan may be arranged within 10 minutes. Our staff is remarkably proficient and quick at making hard money deals in California. We understand this may sound almost impossible. Fortunately, our team has so much experience and knowledge about the real estate market in California to make this a reality. Our staff will inform you about all the details necessary for the next step in the process. Unfortunately, sometimes we cannot provide a loan, but at least you will know that fast as well. We do not want to waste your time unnecessary in your quest to get a loan. 

What are the benefits of a hard money loan from us?

  • Approval for the loan will be fast. As a result, the money will be on your account quickly as well.
  • Loans for commercial and residential projects are provided. 
  • Loan size: $50,000 to $20,000,000. For residential projects up to $10,000,000.
  • Term: 3 months to 30 years. It is possible to receive long term hard money loans from us. Most competitors cannot provide decent long term loans. 
  • Interest rate: Rates start at a very competitive 7.99%/9.50% annual percentage rate (APR). Depending on your specific situation, we will offer a detailed agreement about the APR, terms, and conditions. 
  • We are way more flexible compared to conventional lenders. 
  • Our organization has one of the most reliable track-records of all hard money lenders in California. 
  • We are not interested in your current credit situation. We are interested in the solidity of your plan and assets.