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California Hard Money May Be Highly Competitive, But Getting What Each Investor Will Fund Is A Different Story.
Far too many times, we see loan officers over submitting their loans and they kill any opportunity of the loan being funded. When a loan is not packaged properly for that specific lender, not only will it discourage the lender from reading through it, but it can minimize the borrower's chance at getting a loan at all. If an investor notices that a loan is being over submitted and the loan has not been funded, it will make him/her curious as to why no other lender has funded it and they will decline the loan.
Each lender has a certain sweet spot and looks at certain information within a loan package so setting aside the time to know them will prove to be extremely beneficial. As a california hard money lender, we take the time to learn our competition in order to provide our borrowers with the most attractive rate available. We are different than many lenders in that we will not fund the loan internally if we know of a lender that will make the loan cheaper. As a california bridge lender it is our belief that it is our fiduciary obligation to do everything we can to ensure each loan is funded at the most attractive rate for the borrower.
As a commercial bridge lender we go above and beyond for every borrower. If you are new to the private money lending arena or just do not have the lenders readily available to truly know you are getting the best market rate, give us a call and we will aid you. Instead of wasting a good amount of time submitting a loan in the dark, use us as your hard money one stop resource. We know almost every lender or private beneficiary across the United States that funds loans regularly, so there is no need to search elsewhere.
We also personally make residential private money loans in senior and second position throughout California and Florida.
Commercial private money loans we lend throughout most of the United States in attractive, suburban areas.
Hard money does not have to be hard in this market.
A Private Capital Lender Like Mager Capital Will Be The Answer For Quick Capital.
When lightening fast time and below bank red tape is a requirement, hard money funders such as Mager Capital are the answer. Institutional lenders tend to take such a long time to make a decision in this sad capital market that hard money lenders are taking their place.
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