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If you are looking for a hard money
loan on your commercial property in California, we can help. We will
make both commercial and residential hard money loans.
Visit our hard money loans page for more information on
our residential lending guidelines and other products not related to
commercial properties.
For a hard money loan on commercial
property, we look at a couple of factors. Typically our maximum
loan to value is 65%, although we prefer to stay at or below 60% as
determined by an appraisal.
We will consider making a commercial loan on all commercial property
types, multi-family, mixed use, hotels, both flag and non flag,
industrial, even churches and other specialized property types.
To qualify for a hard money commercial
loan with us, the loan to value is the largest factor, but we do like to
see financials for the property. Typically we like to see 2 years
of financials, but that is a guideline, not a hard and fast rule.
Give us a call and we can discuss your scenario today. We do not
require a minimum debt coverage, and many of our clients come to us for
a hard money loan on their commercial property because the debt coverage
is less than what their bank would prefer.
Because we utilize private lenders for
our commercial real estate transactions, we have a lot of flexibility in
what we can offer. We do not have to meet the black and white,
stringent bank guidelines. Instead, we only have to structure a
transaction that our private investor approves of that also meets the
needs of our borrower.
If you would like to discuss a
commercial loan scenario, please contact us
today.
You can also visit our complete
Commercial Loans site for more
information on commercial lending.
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