Private Hard Money Loans
2nd Second Position Mortgage Loan
$50K - $750K Loan
Residential & Commercial Property
Up to 70% CLTV *
No Doc, Stated Income
No Income Verification
Any Credit Ok
6 months - 5 Years
Low Interest Rates %
Non Owner & Owner Occupied *
No upfront cost
Easy to Apply, Quick Approval
Funding in Days
Get Private Hard Money 2nd Second Position Loans in California for Refinance, Cash Out, Rehab, or Debt Consolidation. 2nd Position Mortgage are available for Residential & Commercial Properties.
1st, 2nd or 3rd Position Loans
Up to 70% Loan to Value
Equity Based 2nd Second Position Loans
No Min Credit Score Required
No Doc Stated Income Program
BK, Short Sale & Foreclosures OK
2nd / Second Mortgages Liens
LTV (Loan to Value) up to 70%
Up to 70% LTV for Business Use
LTV Up to 65% for Consumer Use
Up to 60% LTV for Commercial Property
Lowe Interest Rates
Terms from 6 - 60 months
*Rate, Terms, Fees are depended on the loan amount, loan to value, lien position, property type & location, purpose of loan, borrower ability to pay, credit etc. - 2nd Available only in California
Documents Required for 2nd Mortgage:
Mortgage Statement for 1st Mortgage
Mortgage Note for 1st Mortgage
Explanation for Use of Funds & Exit Plan
Property Type for Second Mortgage:
Multi-Family, Rental Property
Gas Stations, Car Wash
Senior Care Facility
Mini Storage, Warehouse
Vacant Land, Raw Land
Mortgage Loan Programs
Full Doc, W2 or 1040’s Program
ITIN Loan Program
FHA Loan Program
Conventional Loan Program
Private Hard Money 2nd second Mortgage Loan Lenders
We offer stated income, stated asset equity-based 2nd / Second Position loans to borrowers who can’t qualify for a bank loan or who simply need capital quickly. Investors care more about Equity in the property, borrowers Ability to make payments & theirs Exit plan to repay the loan. Our goal is to get your loan closed as fast as possible so 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 2nd Mortgage Loans & Financing are available for all Residential properties 1-
Second / 2nd Mortgage Private Money Lenders & Investors Fund Loans based on Equity in the Property and have Simple Loan Guidelines & Requirements. We also provide 3rd position hard money loans with low LTV in CA.
We Provide Stated Income 2nd Second Lien Mortgage, NO Doc Private Hard Money 2nd Position loans in Los Angeles, Riverside, San Bernardino, Inland Empire, Fresno, Bakersfield, Los Angeles, Orange County, San Francisco, San Diego County and all of California.
Documents Required for 2nd Lien / Second Mortgage:
Mortgage Statement for 1st Mortgage
Mortgage Note for 1st Mortgage
Letter of Explanation for Use of Funds & Exit Plan
Private hard money 2nd second mortgage loan lenders
A 2nd Position Hard Money Loans Is a Specific Type of Equity-Based Private Second Mortgage Through Which a Borrower Receives Funds Secured by their Real Estate. 2nd position hard money loans are typically issued by private investors or companies. Interest rates are typically higher than conventional commercial or residential property loans because of the higher risk taken by the lender. Most Hard Money 2nd Second Mortgage loans are used for projects lasting from a few months to a few years.
Second Position 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.
No income verification second mortgage loan program is when the lender doesn’t require you to prove your income to meets certain requirements. No income verification 2nd Mortgage normally works best for self employed borrowers, 1099 consultants, contractors, commission-based salary and in many other cases. We offer No Income Verification Loans for purchase, refinance, home equity & second mortgage for business purpose.
We also have access to private hard money Jumbo loans & lenders offering mortgage from $1 mil to $10mil.
Hard Money 2nd / Second Position Mortgage Loans
A Second Mortgage Position is a 2nd Lien or a Junior Lien on the property. Most of the time second / 2nd Mortgage are also known as Home equity loans and home equity lines of credit (HELOCs). 2nd mortgage falls behind the 1st mortgage. Second 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 Mtg lender to let the new 1st lender step into the first lien holder position.
Normally a Second 2nd hard money 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 ranging from 6 month to 5 years.
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. We have access to network of private hard money 2nd second mortgage loan lenders.
Private hard money second mortgage 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 specialized only in 2nd Second mortgage position loans.
Private Hard Money 2nd Second Home Equity Loans Lenders
A home equity loan is a lump-sum fixed loan against your property you get all of the money at once, and you repay with a flat monthly payment over the coming years. To calculate home equity, subtract any outstanding loan balances from the property’s market value. Home equity can increase over time if the property value increases or the loan balance is paid down. We offer Hard Money Home Equity loans for Business Purpose.
Home equity is the difference between the home's fair market value and the outstanding balance of all liens on the property. We have access to network of private hard money lender for stated income home equity loans.
Private Hard Money 2nd Second Mortgage Loans Lenders
Stated Income 2nd Second Position Mortgage Loans
A stated income 2nd loan is a mortgage where the commercial lender does not verify the borrower's personal income by looking at their tax returns, pay stubs, W2 forms or other records. Instead, borrowers are simply asked to state their income, and taken at their word. We have access to network of stated income commercial lenders offering these type of commercial financing.
No Doc Hard Money 2nd Second Position Mortgage Loans
A Hard money No-Doc 2nd Mortgage refers to a loan that do not require borrowers to provide documentation of their income to lenders or do not require much documentation. Borrower can qualify by using their bank statement deposits or property income. We have access to network of No Doc or Low doc 2nd Position Mortgage lenders offering these type of commercial financing.
No Doc Second Trust Deed. What Is a 2nd Second Deed of Trust?
A second position trust deed loan or 2nd TD is often called junior loans which allows property owners to use their residential or commercial property as collateral for the loan. Second trust deed loans mean that there is already a existing mortgage loan or lien on the property, called the first deed of trust. A Private Hard Money Second Trust Deed is offered through private investors for a short term. No Doc Second Mortgage Trust Deed does not require income verification as long as the loan is used for Investment or Business purposes.
What is a Private Hard Money 2nd / Second Position Mortgage Lien?
A hard money second mortgage or a 2nd lien is a loan obtained using your home as collateral, even though a borrower already have a mortgage that is secured by the property. It comes second to the first lien position, which is the initial mortgage borrower took out against the home.
A 2nd mortgage or a 2nd position Lien loans can go by many names— a second mortgage, second (2nd) lien loan, and junior lien, to name a few— but they all refer to a second loan borrowed against the value of your home. We have access to 2nd position hard money lenders offering No Doc second mortgage loans in CA for business purposes.
Hard Money 2nd Second Position Loans for Owner Occupied
If you are looking to get cash out from your primary residence then we can help you get a 2nd second mortgage. We offer 2nd second position loans for owner occupied borrower for business purpose in CA. This is a stated income 2nd second mortgage where the lender does not verify the borrower's income by looking at their tax returns, pay stubs, W2 forms or other records. Instead, borrowers are simply asked to state their income, and taken at their word. We have access to network of private hard money lenders offering stated income 2nd second position loans for owner occupied in CA.
Hard Money 2nd Mortgage for Investment Rental Property Loans
We offer 2nd Position Mortgage for 1-4 unit residential rental property. Most of our rental property loan programs are stated income, no income verification, no DSCR no ratio required. Rental property lenders offer term from 6 months to 30 years fixed. If you are looking to purchase a rental property, refinance your existing investment rental property or need to cash out from your rental property we can help you find the best loan option available based on your loan requirement.
Private Money 2nd Mortgage for Multifamily 5+ Unit Apartment Loans
We offer 2nd Position Mortgage for 5+ commercial multifamily properties. Most of our multifamily loan programs are stated income, no income verification, no tax returns required. Multifamily property lenders offer term from 6 months to 30 years fixed. If you are looking to purchase a Multifamily property , refinance your existing commercial multifamily property or need to cash out from your multifamily property we can help you find the best loan option available based on your loan requirement.
Hard Money 2nd Mortgage for Commercial Mixed Use Property Loans
We offer 2nd Position Mortgage for residential commercial mixed use property. Most of our mixed use property loan programs are stated income, no income verification, no tax returns required. Commercial Mixed use property lenders offer term from 6 months to 30 years fixed. If you are looking to purchase a mixed use property , refinance your existing mixed use property or need to cash out from your mixed use property we can help you find the best loan option available based on your loan requirement.
Hard Money 2nd Mortgage for Retail Office Building Loans
We offer 2nd Position Mortgage for commercial retail office building. Most of our retail office property loan programs are stated income, no income verification, no tax returns required. Commercial Retail office property lenders offer term from 6 months to 30 years fixed. If you are looking to purchase a Retail office building , refinance your existing Retail office building property or need to cash out from your Retail office building we can help you find the best loan option available based on your loan requirement.
Alternative Income Mortgage Programs for 2nd Second Position Loans
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. We offer hard money 2nd second position mortgage using non prime alt income mortgage in California.
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. Call us to find more about Non QM second position hard money loans in CA.
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.
We have access to network of private hard money 2nd second mortgage loan lenders in California. Find local private hard money lenders for 2nd mortgage in California for residential and commercial properties.
Private Hard Money 2nd Second Position Loans for Commercial Property
If you are looking to get a hard money 2nd second mortgage against your commercial property we can help you get financing you need. 2nd position commercial loans are funded through private investor so the interest rate are higher than conventional loan. As long as the existing 1st lien holder permits a 2nd position lien behind their lien, borrower should not have a problem getting a hard money commercial 2nd position loan. Call us to get more details regarding 2nd second position commercial loan. Find local hard money lenders for 2nd second mortgage for rental property, mixed use, multifamily apartment or any commercial property.
Equity Based Commercial Bridge Loans Lenders
A bridge loan is a short term loan taken out by a borrower against their residential or commercial property until they secures permanent financing or removes an existing obligation. It allows the borrower to meet current obligations by providing immediate cash flow.
We provide private hard money 2nd Mortgage and Second position bridge loans against residential or commercial property. 2nd mortgage Bridge loans are short term, from 6 month to 3 year, bridge loans are relatively high interest rates, and payment are interest only.
Asset based or Equity based bridge loans 2nd second mortgage are approved based on equity in the property. Most bridge loans a stated income, No Doc, No income verification is required. Contact us for more information on second mortgage commercial bridge loans lenders.
Find Local Private hard money 2nd second Position mortgage loan lenders
We provide private hard money 2nd Second mortgage loans for Residential & Commercial properties in 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, Bakersfield, Oakland, San Jose, La Jolla, Fresno.
vfindloans.com 1307 West 6th Street # 219, Corona CA 92882 * Tel: 951-254-3712 * Fax: 951-710-6411
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