Get $50K - $5 Mil
Owner Occupied Hard Money Loans
Residential & Commercial Properties
Owner Occupied Hard Money Loans
We offer owner occupied hard money loans to borrower for purchase, refinance, cash out or debt consolidation for their primary residence property in California. Private hard money loans for owner occupied are available for 1st or 2nd position mortgage for client 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. Contact us today for free consultation.
Owner Occupied Hard Money Loans
Purchase, Refinance, Cash Out,
Rehab, or Debt Consolidation
1st or 2nd Position Loans
Up to 90% Loan to Value
Any Credit Accepted
No Prepayment Penalty
Equity Based Owner Occupied Hard Money Loans
No Min Credit Score Required
Full Doc & Stated Income Available
No Prepayment Penalty
BK, Short Sale & Foreclosures OK
LTV up to 90% for Purchase*
Up to 80% LTV for Rate & Term*
LTV up to 75% for Refi Cash out*
Up to 65% LTV for Foreclosure Bailout*
Interest Rates Starting at 5.99%*
Terms from 6 months to 30 Years*
Loan Fees 2 - 6 points*
Call for details
*Rate, Terms, LTV, Fees are depended on the loan purpose, loan amount, loan to value, lien position, property type, location, borrower ability to pay, credit etc. Owner Occupied Loans Available for Properties in California Only. Second Mortgage & Stated Income available for business purpose only. Call for Details and other options.
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
ITIN Loan Program
FHA Loan Program
Conventional Loan Program
Owner Occupied Hard Money Loans Lenders
We offer Owner & Non Owner Occupied stated income, stated asset equity-based 1st & 2nd / Second Position loans 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.
Owner Occupied Private Hard Money Loans & Financing are available for all Residential properties 1-
Private Money Lenders & Investors Fund Loans based on Equity in the Property and have Simple Loan Guidelines & Requirements.
We Provide 1st & 2nd Second Lien Mortgage & Private Hard Money 3rd Position loans in the Riverside, San Bernardino, Inland Empire, Los Angeles, Orange County, San Diego County, Fresno and all of California.
Owner Occupied Hard Money Loans using Alt Doc Program - Alternative Income Mortgage Programs
We offer alternative income mortgage programs for borrower who cannot qualify using traditional income verification also we have Alt doc mortgage program for self employed. Borrower’s can prove income using 12 or 24 months of personal bank statements or business bank statement mortgage, P&L profit & loss statement mortgage, VOE only mortgage (verification of employment), 1099 Income only mortgage.
Owner Occupied Hard Money Loans using Bank Statement Mortgage Loan Programs
We offer 12 or 24 months bank statement loan program for self employed borrowers. Bank statement loan program can be used for Purchase, Refinance, Cash Out, Debt consolidation. Borrower can either use their personal bank statement or business bank statement to qualify for the loan. Bank Statement Mortgage Loans in Los Angeles California.
Owner Occupied Hard Money Loans using 1099 Income Only Program
We offer 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. 1099 Income mortgage programs for self employed works for borrower working as a independent contractors. No tax return or bank statement are required. Find loans based on 1099 Income in Los Angeles California
Owner Occupied Hard Money Loans using P&L Mortgage Loan Program (Profit & Loss Statement Only Program)
Owner Occupied Hard Money Loans using VOE only Verification of Employment Mortgage Loan Program
VOE loan program is where a borrowers can get qualified for a mortgage for a Purchase, Rate/Term Refinance, Cash-out Refinance or Debt consolidation mortgage loan by just a Verification of Employment. Get qualified without showing Tax Returns or Pay Stubs or W2s. Call us today to find out more about our VOE only mortgage program in Los Angeles California.
Subprime Mortgage for Owner Occupied Property
A subprime mortgage is a type of loan granted to borrowers with poor credit histories, due to which they would not be able to qualify for conventional mortgages. Because subprime borrowers present a higher risk for lenders, subprime mortgages charge interest rates above the prime lending rate. A subprime mortgage carries an interest rate higher than the rates of prime mortgages. Prime mortgage interest rates are the rates at which banks and other mortgage lenders may lend money to customers with the best credit histories.
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.
We offer subprime mortgage loans for owner occupied and non owner occupied properties.
Hard money loans and Subprime mortgage for owner occupied homes are still subject to federal regulations such as Dodd-Frank which require the borrower to verify their income. Income verification is usually accomplished by providing the lender with paystubs, W2s or tax returns. The borrower is also required to keep their debt to income (DTI) under a certain ratio. The borrower’s existing debts including other mortgages, car payments, credit card payments and other debts will be considered in the ratio as well as the new proposed mortgage obligations (mortgage payment, taxes and insurance).
Hard Money Second 2nd Mortgage for Owner Occupied
A Second Mortgage Position is a 2nd Lien on the property. Called lien holders positioning the 2nd mortgage falls behind the 1st 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.
2nd mortgages are riskier for lenders and thus generally come with a higher interest rate than first mortgages. This is due if the loan goes into default, the first mortgage gets paid off first before the second mortgage. 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. We have network of owner occupied 2nd mortgage lenders.
Stated Income Loan Program for Owner Occupied
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 offer stated income second mortgage with bad credit.
We also have access to private hard money Jumbo loans & lenders offering mortgage from $1 mil to $10mil.
Hard Money Loans for Owner Occupied in California
What is Hard Money or Private Money Loans? How to Get Hard Money Loans?
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.
Owner Occupied Hard Money Loans & Lenders in California
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.
Owner Occupied Hard Money Loans using Alt Doc Mortgage Program
What is a Non Prime Mortgage?
Non prime mortgages are for those borrower who either have no credit, poor credit or bad credit. Generally Non prime mortgage loans have higher interest rate as compared to conventional or FHA loans.
What is a Non QM Mortgage Loan?
A non QM mortgage loan (non qualified mortgage) is a loan that allows a borrower to use alternative income methods to qualify for a mortgage as compared to traditional income verification.
Alternative Income Mortgage Programs?
We offer alternative income mortgage programs for borrower who cannot qualify using traditional income verification. Borrower’s can prove income using bank statement mortgage, P&L profit & loss statement mortgage, VOE only mortgage (verification of employment), 1099 Income only mortgage.
Foreclosure Bailout Loan Program
Foreclosure bailout mortgage is a refinance loan that is for struggling homeowners who are behind on mortgage payments, or in foreclosure who wants to bring a home out of foreclosure. If you are in or about to go in foreclosure we can help. We have access to private hard money lenders offering foreclosure bailout loan.
Equity Based Hard Money Loans for Owner Occupied Property
We also provide Equity Based Commercial loans & financing for Owner & Non Owner Occupied properties. We also have stated income, 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.
Owner Occupied Hard Money Loans in California
We provide owner occupied hard money loans for Residential & Commercial properties in California and the city of Banning, Beaumont, Blythe, Calimesa, Canyon Lake, Coachella, Corona, Desert Hot Springs, Eastvale, Hemet, Indian Wells, Indio, Jurupa Valley, Lake Elsinore, La Quinta, Menifee, Moreno Valley, Murrieta, Norco, Palm Desert, Palm Springs, Perris, Rancho Mirage, San Jacinto, Temecula, Wildomar,Adelanto, Apple Valley, Barstow, Big Bear Lake, Chino, Chino Hills, Colton, Crestline, Fontana, Grand Terrace, Hesperia, Highland, Joshua Tree, Lake Arrowhead, Loma Linda, Lucerne Valley, Montclair, Needles, Ontario, Rancho Cucamonga, Redlands, Rialto, Running Springs, Twentynine Palms, Upland, Victorville, Wrightwood, Yermo, Yucaipa, Yucca Valley, Aliso Viejo, Anaheim, Brea, Buena Park, Costa Mesa, Cypress, Dana Point, Fountain Valley, Fullerton, Garden Grove, Huntington Beach, Irvine, La Habra, La Palma, Laguna Beach, Laguna Hills, Laguna Niguel, Laguna Woods, Lake Forest, Los Alamitos, Mission Viejo, Newport Beach, Orange, Placentia, Rancho Santa Margarita, San Clemente, San Juan Capistrano, Santa Ana, Seal Beach, Stanton, Tustin, Villa Park, Westminster, Yorba Linda, Agoura Hills, Alhambra, Arcadia, Artesia, Azusa, Baldwin Park, Bell, Bell Gardens, Bellflower, Beverly Hills, Bradbury, Burbank, CalabasCarson, Cerritos, Claremont, Commerce, Compton, Covina, Cudahy, Culver City, Diamond Bar, Downey, Duarte, El Monte, El Segundo, Gardena, Glendale, Glendora, Hawaiian Gardens, Hawthorne, Hermosa Beach, Hidden Hills, Huntington Park, Industry, Inglewood, Irwindale, La Canada-
Flintridge, La Habra Heights, La Mirada, La Puente, La Verne, Lakewood, Lancaster, Lawndale, Lomita, Long Beach, Los Angeles, Lynwood, Malibu, Manhattan Beach, Maywood, Monrovia, Montebello, Monterey Park, Norwalk, Palmdale, Palos Verdes Estates, Paramount, Pasadena, Pico Rivera, Pomona, Rancho Palos Verdes, Redondo Beach, Rolling Hills, Rolling Hills Estates, Rosemead, San Dimas, San Fernando, San Gabriel, San Marino, Santa Clarita, Santa Fe Springs, Santa Monica, Sierra Madre, Signal Hill, South El Monte, South Gate, South Pasadena, Temple City, Torrance, Vernon, Walnut, West Covina, West Hollywood, Westlake Village, Whittier, San Diego, Chula Vista, Oceanside, Escondido, Carlsbad, El Cajon, Vista, San Marcos, Encinitas, National City, La Mesa, La Jolla, Fresno.
We also provide loans & Financing 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
Business Hours: Monday thru Friday 9:00 am - 5:00 pm