Hard Money Loans In California
We're the laborious cash lender of alternative for people, companies, and estates who're looking for fairness-based mostly lending for a Rehab loan, a Fix and Flip loan, a construction bridge mortgage, or to pay off a mature mortgage. For more info on our exhausting money and non-public money loans, name us at any of the numbers above, or email us at john@socotrafinancial.com. We provide exhausting cash and personal cash loans based on equity, not borrower credit score, enabling us to offer loans to those unable to safe more traditional financing. We serve Communities across California, together with the metropolitan areas of the Napa, Oakland, Oceanside, Ontario, Orange, Oxnard, Palm Springs, Palmdale, Pasadena, Placer, Pomona, Rancho Cordova, Rancho Cucamonga, Redding, Richmond, Riverside, Roseville, Sacramento, Salinas, San Bernardino, San Diego, San Francisco, San Jose, San Leandro, San Luis Obispo, San Mateo, Santa Ana, Santa Barbara, Santa Clarita, Santa Cruz, Simi Valley, Sonoma, Stockton, Sunnyvale, Thousand Oaks, Torrance, Turlock, Vallejo, Visalia, Walnut Creek. Socotra Capital is the main provider of exhausting cash and private money loans in Southern California and Northern California.
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For Fix & flip loans we fund 65%-70% of the ARV or 85% of the purchase worth plus 100% of the rehab! Our rates start at 9.99% and we are able to offer you a quote with an hour. There are quite a few issues that sets our company aside from the competition. With Lantzman Lending we finance loans for Fix & Flips, building, refinances, and commercial properties. We thrive on pleasing our purchasers. Unlike other lending corporations we do not charge you a prepayment penalty and our terms and packages are flexible. Having the option of working with a lender who pays for the entire rehab is a good profit to our Borrowers. Being a Direct Lender, we will provide funding in as little as three days! We are going to do the whole lot we are able to to finance your success! We additionally lend all through Nevada, Texas and Arizona! ! With our thirty plus years of experience we give attention to providing a fast and seamless mortgage course of to ensure our Borrowers success. If you happen to haven’t had the chance to work with us, we'd love to earn what you are promoting. Certainly one of the most important points is that we lend throughout California!
