Second Mortgage with Bad Credit
No Doc Hard Money 2nd Position Loans with Bad Credit
$50K - $750K Loan
Residential & Commercial Property
Up to 70% CLTV *
No Doc, Stated Income
No Income Verification
Any Credit Ok
6 months - 5 Years
Rate starting 8.99% *
Non Owner & Owner Occupied *
No upfront cost
Easy to Apply, Quick Approval
Funding in Days
Call, Text or Apply Now
If you are looking to get a 2nd Second Mortgage with Bad Credit then you are at the right place. Get 2nd Position loan for Refinance, Cash Out, Rehab, or Debt Consolidation.
2nd Position Loans
Up to 70% Loan to Value
Any Credit - Stated Income
Fast, Easy & Quick Approval
Get Funding in 7-
CALL or TEXT NOW
Second Mortgage with Bad Credit
No Min Credit Score Required
No Income Stated or Verified
No Prepayment Penalty
No Source or Seasoning of Down
BK, Short Sale & Foreclosures OK
2nd / Second Mortgages Liens
LTV (Loan to Value) up to 75%
Up to 50% for Vacant Land Loan
Up to 70% for 2nd Position
Interest Rates Starting at 8.99%
Terms from 6 months to 30 Years
Loan Fees 2 - 6 points
Call for details
Mixed Use buildings
Church & Ministry
Senior Care Facilities
Hotels / Motels
C Store, Liquor Stores
Commercial Vacant Land
and Many other Commercial Properties
Find Hard Money Lenders offering 2nd Second Mortgage with Bad Credit
We offer stated income, stated asset, equity-based 1st & 2nd / Second Position loans with bad credit in California 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.
Bad credit is normally considered when credit score is below a certain point. Credit score can range from 300 to 850. Each lender has their own guidelines to determines what is considered a bad credit or good credit.
For hard money loans the investors are more concerned about the equity in the property, borrowers exit plan and ability to repay the loan.
Getting Second mortgage with bad credit is possible as long as there is enough equity in the property, there are no open foreclosure, bankruptcy and borrower uses the funds for business purpose.
Private Hard Money Second 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 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.
Second Mortgage with Bad Credit Score
We offer stated income, stated asset equity-based 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.
Private Money Loans & Financing are available for all Commercial Mixed Use building & Residential properties 1-
Private Money Lenders & Investors Fund Loans based on Equity in the Commercial Property and have Simple Loan Guidelines & Requirements.
We Provide Commercial Private Hard Money Loans for Commercial Properties in the Riverside, San Bernardino, Inland Empire, Los Angeles, Orange County & San Diego County and all of California.
What is Hard Money or Private Money Loans? How to Get Hard Money Loans?
A Hard Money Loans is a specific type of equity based or 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 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.
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 offer Equity Based Hard Money 1st Mortgage, 2nd Second Mortgage Loans & 3rd Mortgage Liens. 2nd Second mortgages and 3rd position Loans 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.
We Also provide hard money loans for Rehab, Fix & Flip loans, Bridge Loans, Construction Loans, Transaction Funding, Blanket loans. If you are self employed we offer stated income loans, No doc loans, and bank statement loans.
We have access to hundreds of equity based commercial property lenders & private hard money lenders & investors in Los Angeles, San Diego, Riverside, San Bernardino, Fresno, Bakersfield & Orange County and almost all California.
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