Private Hard Money Loans Santa Cruz
No Income Doc Residential & Commercial Property Financing
$50K - $10 Mil
Purchase Refinance 2nd
SFR 1-4 Units, Condo, Townhome
Mixed Use, Multifamily, Office Retail
Stated Income, No Doc
Any Credit Ok
Up to 90% LTV *
Low Interest rates
6 months to 30 Year Fixed
Non Owner & Owner Occupied *
No upfront cost
Easy to Apply, Quick Approval
Funding in Days
Get Private Hard Money Loans in Santa Cruz 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 Santa Cruz
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
Anaheim Property Type:
Residential properties 1-4 unit
Senior Care Facility
Mini Storage, Warehouse
Mortgage Loan Programs
Stated Income Mortgage Loans & Lenders in Santa Cruz
We offer stated income, stated asset equity-based 1st & 2nd / Second Position loans in Santa Cruz County to borrowers who can’t qualify for a bank loan or who simply need capital quickly. We 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-
Santa Cruz County 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 Santa Cruz
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. Stated income home equity loans are also available for business purpose. 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 also provided stated income home equity loans for business purpose.
No income verification mortgage loan program is when the lender doesn’t require you to prove your income to meets certain requirements. No income verification 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 also offer Stated Income Mortgage for Owner Occupied Self Employed Business Owners. No Tax returns, W2 or Pay Stubs required
Hard Money 2nd/Second Position Mortgage Loans
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 Santa Cruz County specialized only in 2nd Second mortgage position loans.
Commercial Mixed Use Property Loans in Santa Cruz
We also provide Stated Income Commercial Loans & Financing for Mixed-Use Property in Santa Cruz County. 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 Santa Cruz County.
Commercial Retail & Office Building Loans in Santa Cruz
We also provide stated income commercial loans & financing for Office building in Santa Cruz County. An office is generally a room or other area where administrative work is done and a Office building ia 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 Santa Cruz County.
We also provide commercial loans & financing for strip mall & shopping center in Santa Cruz County. 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 Santa Cruz County.
Private Hard Money Loans in Santa Cruz County
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. 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.
Owner Occupied Subprime Mortage 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.
Private Hard Money Mortgage Broker in Santa Cruz County
We are Mortgage Brokers in Santa Cruz, California representing a wide range of Lenders & Investor offering loans such as Conventional Loans, FHA Loans, Private Hard Money Loans, Commercial Loans, SBA Loans, Equity Based Private Loans, 1st & 2nd Second Mortgage and lot more. We provide mortgage service to 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 professional Mortgage Brokers in Santa Cruz California, Our goal is to get your loan closed as fast as possible with most competitive lending options and to provide the best customer service. We represent almost all clients in Santa Cruz, Los Angeles, San Diego, Orange County, Riverside, San Bernardino, Inland Empire, Fresno, Bakersfield, San Jose, San Francisco, Southern California, Northern California and entire California for their financing needs. As a Desi mortgage broker we can also help Desi Indian borrowers who speaks Hindi & Punjabi.
We also provide Equity Based Commercial loans & financing, stated income commercial loans, No Doc, No Income Verification commercial loan programs. A Commercial loan is a mortgage loan secured by commercial property, such as Investment Rental Property, Multifamily, Mixed Use property, Retail office building, commercial buildings, shopping center, industrial warehouse, or apartment complex.
Find Hard Money Loans Mortgage Brokers in Santa Cruz
We provide private hard money loans against Residential & Commercial Properties in the cities of Santa Cruz, 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 Alameda and All Santa Cruz county 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