With a population of near ten million, Los Angeles County offers some great opportunities when it comes to real estate and investing. Home to some well known high end neighborhoods such as Brentwood, Bel Air and the Hollywood Hills, our investors love to make hard money loans in the Los Angeles area.
Our loan to value for Los Angeles and the surrounding areas typically cap out at 65%, although we can put together financing that will go as high as 75% loan to value in some situations. We are able to lend on not only residential and commercial properties, but also on land, mixed use, industrial, fix and flip and construction projects. On our Los Angeles rehab, fix and flip and construction loans we are able to lend on the as complete or after repair value rather than the purchase price or current value. Typically speaking on these transactions we can go as high as 65% of the as complete value or ARV.
Many of our investors are in the immediate Los Angeles area, meaning we can typically approve and fund loans quickly. Additionally, we are able to offer a wide range of terms with loans ranging from six months to ten years or longer. Most of our loans are interest only, although we do also have the ability to fund fully or partially amortized loans depending on the situation and loan request.
If you have a property in Los Angeles or the surrounding areas and are in need of alternative financing, contact us today. We are always happy to take the time and discuss your loan scenario as well as answer any questions about our programs, qualifications or guidelines. Feel free to call us directly, or complete our quick loan inquiry form and we will be back in touch within 24 business hours.