California Private Lending May Be Extremely Competitive, But What Each Lender Will Fund Is A Different Story.
Far too often, we see brokers over submitting their loans and they ruin any opportunity of the loan being closed. When a loan is not packaged properly for that particular lender, not only does it discourage the lender from combing through it, but it can minimize the borrower's chance at receiving a loan at all. If an investor notices 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 decline the loan.
Every lender has a certain niche and looks at certain 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 learn our competition in order to provide our clients with the most attractive rate available. We are not like many lenders 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 it is our belief that it is our financial obligation to do everything we can to make sure each loan is funded 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 private money lending market or just do not have the lenders readily available to truly know you are receiving the best market rate, give us a call and we will aid you. Instead of spending a good amount of time shopping a loan in the dark, use us as your private debt one stop resource. We know almost every lender or private beneficiary throughout the United States that funds loans regularly, so there is no need to search anywhere else.
We also personally make residential bridge loans in senior and junior position throughout California and Florida.
Commercial hard money loans we lend throughout most of the United States in desirable, suburban areas.
Hard money does not have to be hard in this market.
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