2nd Second Mortgage with Bad Credit

Private 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

(951)-254-3712

hard money 2nd second position











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 7-10 Days

CALL or TEXT NOW

(951)-254-3712

or

second mortgage with bad credit

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

check  Call for details

second mortgage with bad credit











Property Type:

Multi-Family

Mixed Use buildings

Apartments

Retail Centers

Strip Mall

Office Buildings

Church & Ministry

Warehouse

Industrial Buildings

Self Storage

Mini Storage

Senior Care Facilities

Hotels / Motels

Gas Station

Truck Stops

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 1-4 unit (Owner Occupied and Non-Owner Occupied - Business Purpose Loans Only) and Commercial properties.

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.

Apply Now

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 1-4 unit (Owner Occupied and Non-Owner Occupied - Business Purpose Loans Only) and Commercial properties.

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-based loan financing through which a borrower receives funds secured by the value of a parcel of real estate. 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 loans are used for projects lasting from a few months to a few years.

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