Get $50K - $750K
Private Hard Money Loan Lenders in Merced
Residential & Commercial Properties
Multifamily, Mixed Use, Office & Retail Property
Get Private Hard Money Loan Lenders in Merced for Purchase, Refinance, Cash Out, Rehab, or Debt Consolidation.
1st, 2nd or 3rd Position Loans
Up to 75% Loan to Value
Any Credit Accepted
No Income Stated or Verified
No Prepayment Penalty
Equity Based Loans in Merced
No Min Credit Score Required
Stated Income & Full Doc
No Prepayment Penalty
No Source or Seasoning of Down
BK, Short Sale & Foreclosures OK
LTV (loan to value) up to 80%*
Up to 50% for Vacant Land Loan
Low Interest Rates %
Terms from 6 months to 30 Years*
Loan Fees 1 - 6 points*
Call for details
*Rate, Terms, Fees, LTV are dependent on the property type, loan purpose, loan amount, loan to value, lien position, location, occupancy, borrower ability to pay, credit etc. Call for Details
Merced Property Type:
Residential properties 1-4 unit
Senior Care Facility
Mini Storage, Warehouse
Mortgage Loan Programs
Hard Money Loan Program
Full Doc, W2 or 1040’s Program
Alt Doc, Low Doc Program
VOE only Loan program
Foreign Investor Program
ITIN Loan Program
FHA Loan Program
Conventional Loan Program
Stated Income Private Hard Money Loan Lenders in Merced
We offer stated income, stated asset equity-based 1st & 2nd / Second Position loans in Merced to borrowers who can’t qualify for a bank loan or who simply need capital quickly. Lenders care more about Equity in the property, borrowers Ability to make payments & theirs Exit plan to repay the loan. We won't waste your time. If we can't help you, we'll refer you to a private lender who may.
Private Hard Money Loans & Financing are available for all Residential properties 1-
Merced Private Money Lenders & Investors Fund Loans based on Equity in the Property and have Simple Loan Guidelines & Requirements.
We Provide Stated Income Residential & Commercial Private Hard Money Loans for 1st & 2nd/Second Lien Mortgage in the Riverside, San Bernardino, Inland Empire, Los Angeles, Orange County, San Diego County, Fresno, Bakersfield, San Francisco , San Jose, and all of California.
No Income Verification Stated Income Loans in Merced
Hard money lenders & Investors also provide Stated Income Loans. Stated income loans allow borrowers to simply state their monthly income on a mortgage application instead of verifying the actual amount by furnishing pay stubs or tax returns. Stated income mortgage loan are mostly used by self employed borrowers. In some cases lender would ask for bank statements to support the stated income.
A SIVA loan, or stated income/verified asset loan, allows you to state your monthly gross income on the loan application and requires you to verify your assets by furnishing bank statements or a similar asset document.
A SISA loan, or state income/stated asset loan, allows you to state both your monthly gross income and your assets on your mortgage application. So in this case, both items are simply stated, and the bank or lender will not ask you to verify the information. Stated Income loan lenders are mostly used by self employed borrower or for business purpose loans. We have access to Network of Stated Income Lenders in Merced. Contact us for private hard money loan lenders in Merced.
Hard Money 2nd/Second Position Loans in Merced
A Second Mortgage Position is a 2nd Lien or a Junior Lien on the property. Second / 2nd Mortgage are also known as Home equity loans and home equity lines of credit (HELOCs). Second 2nd mortgage falls behind the 1st mortgage. Hard Money Second / 2nd mortgages are riskier for lenders and thus generally come with a higher interest rate than first mortgages. This is because if the 1st mortgage loan goes into default, the first mortgage gets paid off first before the second mortgage. When refinancing, if the borrower wants to refinance the 1st mortgage and keep the 2nd mortgage, the homeowner has to request a subordination from the 2nd lender to let the new 1st lender step into the first lien holder position.
A Second Mortgage can be structured as a fixed amount to be paid off in a specific time, called home equity term. They can also be structured like a credit card giving the borrower the option to make a payment less than the interest charged each month. Private lenders for second mortgage would normally offer short term fixed loan.
Commercial loans can have multiple loans as long as the equity supports it. Due to lender guidelines, it is rare for conventional loans for a property having a 3rd or 4th mortgage. Most private money second loans have a balloon after the fixed term.
Private hard money lenders and investors offering 2nd / Second mortgage would normally lend maximum of 70% of the property value. Depending on the existing 1st mortgage terms, they will structure the 2nd mortgage accordingly. We have access to network of lenders and investor in Merced specialized only in 2nd Second mortgage position loans.
Stated Income Commercial Mixed Use Property Loans in Merced
We also provide Commercial Loans & Financing for Mixed-Use Property in Merced. Mixed Use Property combines multiple property uses within a single building or development, such as residential, office, retail, industrial, hotel and community purposes. Mixed-use property is in a broad sense any urban, suburban or village development, or even a single building, that blends a combination of residential, commercial, cultural, institutional, or industrial uses, where those functions are physically and functionally integrated, and that provides pedestrian connections.
The term ("a mixed-use development") may also be used more specifically to refer to a mixed-use real estate development project—a building, complex of buildings, or district of a town or city that is developed for mixed-use by a private developer, governmental agency, or a combination thereof. We have access to many commercial private hard money lenders & investors for Commercial mixed use properties in Merced.
Commercial Retail & Office Building Loans in Merced
We also provide commercial loans & financing for Office building in Merced. An office is generally a room or other area where administrative work is done and a Office building is a structure used primarily for the conduct of business relating to administration, clerical services, consulting, and other client services not related to retail sales. Office buildings can hold single office or multiple offices. We have access to many commercial private hard money lenders & investors for Office building in Merced.
We also provide commercial loans & financing for strip mall & shopping center in Merced. A strip mall also called a shopping plaza, shopping center, or mini-mall is an open-air shopping mall where the stores are arranged in a row, with a sidewalk in front. Strip malls are typically developed as a unit and have large parking lots in front. Strip mall or shopping center face major traffic and tend to be self-contained with few pedestrian connections to surrounding neighborhoods. We have access to many commercial private hard money lenders & investors for strip mall & shopping center in Merced County.
No Doc Private Hard Money Loan Lenders in Merced
A Hard Money Loans is a specific type of asset-
Private Money Loans is commonly used term in banking and finance. It refers to lending money to a company or individual by a private individual or organization. While banks are traditional sources of financing for real estate, and other purposes, private money is offered by individuals or organizations and may have non traditional qualifying guidelines. There are higher risks associated with private lending for both the lender and borrowers.
Hard money lenders & Investors are lending companies, or individuals, offering a specialized type of collateral backed loan. Private Hard Money Lenders tend to lend short-term loans (also called bridge loans) that provide funding and or cash, based on the value of the collateral. Hard money lenders and Investors can and will utilize all types of collateral- residential properties, commercial properties, vacant land, vehicles, etc. to complete the loan. Hard money lenders tend to focus on the value of the collateral and sometimes borrower's ability to repay the loan, FICO score, debt to income balance; instead of based on their own personal income or other assets, as is common with traditional conventional lenders. Hard money lenders typically charge much higher interest rates and fees than banks because they fund deals that do not conform to bank standards such as verification of borrower's income, assets, or credit score.
We also provide Equity Based Commercial loans & financing in Merced. We also have stated income commercial loans, No income commercial loan programs. A Commercial loan is a mortgage loan secured by commercial property, such as an office building, mixed use property, commercial buildings, shopping center, industrial warehouse, or apartment complex. The proceeds from a commercial mortgage are typically used to acquire, refinance, rehab or redevelop commercial property.
Private Hard Money Owner Occupied Mortgage Loans
There are several different kinds of subprime mortgage structures available. The most common is the adjustable rate mortgage (ARM), which initially charges a fixed interest rate, and then convert to a floating rate based on an index such as LIBOR, plus a margin. The better known types of ARMs include 3/27 and 2/28 ARMs.
On non owner occupied properties we offer stated income and stated assets hard money loans and subprime loans.
Mortgage Program for Self Employed Borrowers in Merced CA
We also offer mortgage programs for self employed borrowers. These program include;
- business bank statement mortgage program for self employed and
- personal bank statement mortgage programs.
- 1009 Income mortgage program for Self employed.
Mortgage Programs for Self Employed
We offer mortgage programs for self employed borrowers in California. We offer bank statement loan program and 1099 Income based loans for Independent contractor, working on commission basis, freelancer, artist or other professional working as self employed sole proprietor receiving 1099 as proof of income. We have access to many lenders offering bank statement mortgage program for self employed borrowers. Mortgage programs for self employed also works well with using1099, Profit & Loss statement (P&L) or CPA letter.
We offer 1 month, 12 months & 24 months bank statement loan program for self employed business borrowers. We have access to both personal & business bank statement mortgage loan program lenders. Bank statement loan program can be used for Purchase, Refinance, Cash Out, Debt consolidation. Learn More here
Find Mortgage Broker in Merced for Private Hard Money
We are Private Hard Money Mortgage Broker servicing clients in Merced. We are Mortgage Broker representing a wide range of Equity based private hard money lenders and investors that use a common sense approach to provide you with the best loan possible. We provide mortgage service to Merced borrowers who can’t qualify through conventional lenders due to bad credit, poor credit or issue with proving income or need funds fast. As a Commercial Private Hard Money Mortgage Broker we can also help borrower in Merced with their commercial property financing needs. We service in the cities of Merced, Los Banos, Atwater, Livingston and all county of Merced.
Merced is a city in, and the county seat of, Merced County, California, in the San Joaquin Valley. As of 2014, the city had a population of 81,743. Incorporated on April 1, 1889, Merced is a charter city that operates under a council-manager government. It is named after the Merced River, which flows nearby. Merced County has a population of over $260,000. Call us today to for private hard money loans and lenders in Merced.
Find Private Hard Money Loan Lenders in Merced CA
We provide private hard money loans against Residential & Commercial Properties in the cities of Long Beach, Los Angeles, San Jose, Oakland, Bakersfield, Santa Ana, Riverside, Stockton, Seattle, San Francisco, San Bernardino, Modesto, Fremont, Fontana, Palmdale, Oxnard, Ventura, Moreno Valley, Merced, San Diego, Fresno, and all Cities in California.
We also provide Equity Based Private Hard Money Loans & Financing in Merced for the following property type;
Apartment Building Loans, Auto Repair Loans, Auto Dealership, Anchored Strip Center Loans, Assisted Living Facility Loans, Bowling Alley Loans, Car Wash Loans, Church, Commercial, Construction, Convenience Store Loans, Condominium, Congregate Care Facility, Day Care Center Loans, Dental Office, Fitness Center Loans, Funeral Home Loans, Garden Apartment Loans, Gas Station Loans, Golf Course Loans, Health Club, Healthcare Financing, Hotel Loans, Industrial Property Loans, Marina Financing, Medical Office Loans, Mini Storage Loans, Mixed-Use Loans, Motel Loans, Mobile Home Park Loans, Manufactured Homes, Multi-Family Homes, Nursing Home Loans, Office Building Loans, Restaurant, Retail, SBA Loans, School, Self Storage Loans, Senior Housing Loans, Veterinary - Animal Clinic Animal Hospital, Warehouse Loans.
vfindloans.com 1307 West 6th Street # 219, Corona CA 92882 * Tel: 951-254-3712 * Fax: 951-710-6411
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