Who We Are :- California Hard NOW

Ca Hard Money Now has been around for almost 9 years now. We have been featured on Jack Warren’s radio show called “San Diego’s Finest.” Our two loan originators both have state DRE licenses and National License called NMLS. ‘

We started out originally originating residential hard money loans or also known as private money. We now do commercial loans and, 2nd mortgages to go along with our normal first mortgage loans. We really try to give the borrower a fair rate and give the investor a good return on his or her money.

We have a history of being diligent on our analysis of each property but slightly aggressive on who we give loans to. We have given loans to foreign national and people with low credit. We have also given loans to people with high income and good credit who use us for speed and efficiency.

Our loans have been given to help people out of foreclosure situations, short-sale deadlines, probate situations, construction rehabs which have run out of money, and just regular everyday people trying to buy a house. No matter what the reason someone uses a hard money lender, we can most often times accommodate the borrower.

We are also members of the San Diego Creative Investors Association and loan all over Southern California and it some cases, northern California.

Services

Ca Hard Money Now has provided California investors and borrowers with hard money loans for a combined 15 years. We do this all with minimal documentation and high speed closings. We are one of the few hard money lenders who lend on first and second mortgages. With even more flexibility, we do more than residential hard money loans. We also do commercial hard money loans.

Since we do not service our loans, all of the interest goes to our investors. We don’t charge one interest rate to the borrower and then give you, the hard money loan investor, a lower amount. A private money loan should be about 2 people, the borrower and the investor. We initiate all of the loan docs in house so the quality control is there. We match the proper investor with the right loan to create a win-win partnership.

Our specialty service area is San Diego, Orange County, greater Los Angeles, Riverside and San Bernardino County. We have also loaned up in the San Francisco Bay area and in central California as well. Whatever your hard money loan need is, we can help.

We have hard money loan programs for many different borrowers. All of our loans are stated income. Many people thought the stated income loan died a slow death in 2006 but we still have it.

Another one of our hard money loan programs is the programs we developed for cooperating with real estate brokers and mortgage brokers. Since we are a direct lender and do our own loan docs, we love to pay commissions to brokers who bring us private money loan deals.

On a refinance, the borrower has to have sufficient equity in the property. On a purchase, the borrower only has to come in with enough down payment so all credit is welcome with our hard money loan program.

Hard money Loan program

We have hard money loan programs for many different borrowers. All of our loans are stated income. Many people thought the stated income loan died a slow death in 2006 but we still have it.

Another one of our hard money loan programs is the programs we developed for cooperating with real estate brokers and mortgage brokers. Since we are a direct lender and do our own loan docs, we love to pay commissions to brokers who bring us private money loan deals.

On a refinance, the borrower has to have sufficient equity in the property. On a purchase, the borrower only has to come in with enough down payment so all credit is welcome with our hard money loan program.

Trusted Hard Money Lender

When you need a trusted hard money lender to provide you a quick real estate loan with private money, call us.  We can in many cases give you a quick same day approval. Since we do first and 2nd residential mortgages as well as commercial, you don’t need to go to numerous hard money lenders. We can be the one-stop shopping of the hard money lenders.

You can count on us to be upfront and honest with you if we cannot do a loan. We do not like to string people out and leave them wondering if they are going to get the loan or not. We can give you a quick yes or no in most of the real estate scenarios.

Get your hard money loan or Letter of Intent Today

In one day we can get you approved on a hard money loan for San Diego, Orange County or Los Angeles. You can get a hard money loan with us for either a first or a second mortgage.

We can also give you a letter of intent so you can make an offer on that property you had your eye on for several months. Many listing agents will not take your offer seriously if you do not have at least a letter of intent. The letter of intent will say that you are approved for a loan for a certain amount. You would have to work out the details with us in advance so once we can get you approved; you can use that same letter of intent for multiple offers on properties.

P.S (we don’t do letters of credit)

Get approved for private money loan process

Our approval process is fairly quick and easy. If you are doing a refinance on your current investment property, you have to have at least 30% equity in the property for us to consider giving you a private money loan.

For a purchase private money loan, you usually need at least 25 to 30% down payment. Once you provide that, we will then ask you to fill out a simple residential loan form. That takes about 20 minutes. On the loan form, it asks you things about your income and basically gives us a snapshot of where you are at financially. The loan form is also a stated income form so we do not call your employer and verify to see how much money you make.

We will also do a credit check but really and truthfully, we gives hard money loans to people who have 750 credit and also people who have credit in the 400’s.  The loan is based on the equity in the property and the collateral is the property itself. Many people are surprised when they hear that they qualify for a private money loan. Call today and find out how easy it is.

Hard Money Lending and Trust deed investing

All over the country, people are taking advantage of hard money lending for real estate. There are numerous reasons for doing this. Getting the deal done quickly is one big reason. Another of the many reasons is we don’t care what your credit is. It’s an equity based loan and the credit and the income is not as important.

Trust deed investing follows these same guidelines. People invest in trust deeds for the higher interest rate and the shorter term duration of the loan regardless of credit. Why get 1% in the bank when you can earn 9% or more on a safe first trust deed and 12% or more on a safe second trust deed?

Trust deed investing is not very sexy as an investment. You are not going to make a killing when the real estate market sky rockets. It’s a simple case of seeing which deals make sense and then relying on the miracle of compound interest to make your small nest egg grow into a large one.

Los Angeles Hard Money loans

Getting a private money loan in Los Angeles is fairly easy process. If you have enough down payment , we can give you the loan for your residential or commercial building. We look at all properties personally in Los Angeles and can usually give you a same day answer. People like our speed and our competitive rates.

California Hard Money loans

We are California’s leading originator of hard money loans for real estate. We go as far north as San Francisco and down to South San Diego so we have just about all of it covered. Since we loan on residential and commercial buildings, you don’t have to go from one private money lender to another. We can do it all.

Hard Money Lenders San Diego

We are one of the most active and aggressive hard money lenders in San Diego. We can be at your San Diego property the same day for our personal inspection that doesn’t cost a dime. Many of our investors live in San Diego so it is easy to fund deals here.

Hard money loans for Riverside

Since we have an office right down the street in Murrieta, it is rather easy for us to do private money loans in all of Riverside and San Bernardino Counties. Just give us a call to run whatever you need for a private money loan and we will see if we can get the job done quickly.

For your loan needs 

For all of your private money and hard money loan needs, you can make one phone call and talk to a real live person, George Kengott.. Sometimes it’s nice when someone picks up the phone right away instead of leaving 5 different voice mails for 5 different private money lenders in hopes that 1 of them will finally get back to you.

George has been the business for almost 7 years and can in many cases, give you a quick yes over the phone with good rates. He will then look at your property personally without an upfront charge .

Call today at 619-987-8639