At RTI Bridge Loans, we specialize in providing flexible and reliable financing options for both residential and commercial real estate investments in Newport Beach, CA. Whether you’re a real estate investor, property developer, or a homeowner looking for short-term funding, our hard money loans and bridge loans can help you bridge the gap and seize profitable opportunities.
Partner with one of the most reliable and professional direct hard money lenders in California with over 40 years of hard money lending experience.
Quick approvals and direct funding when time is off the essence and need capital on critical opportunities in this fast-moving real estate market.
Maximize Leverage with our financing up to 70-80% LTV of the residential, commercial or mixed project at competitive hard money loan rates.
RTI Bridge Loans, one of the most experienced direct hard money lenders in California serving Los Angeles and Orange County. We fund hard money loans to Real Estate Developers and Investors, regardless of the size or a challenge of the project, ranging from Bridge Loans, fix and flips to Private money Loans and commercial acquisitions. We provide quick approval and funding with competitive rates and reliable service through asset-based lending for various real estate projects and transactions.
Hard money loans are a type of real estate financing that utilizes the value of the property itself as collateral, rather than focusing primarily on the borrower’s creditworthiness. Unlike traditional loans that are provided by banks or other financial institutions, hard money loans are typically funded by private investors or specialized lending companies like RTI Bridge Loans.
Fast Approval and Funding: Hard money loans offer a streamlined application and approval process, allowing you to secure funding quickly. Traditional loans often involve lengthy paperwork and strict qualification criteria, whereas hard money loans prioritize the value of the property and its potential for profitability.
Flexible Terms and Conditions: Hard money loans are designed to be flexible, accommodating various Newport Beach real estate projects. At RTI Bridge Loans, we work closely with our clients to tailor loan terms that meet their specific needs, including loan amount, interest rates, and repayment schedules.
Credit History Flexibility: Unlike traditional lenders who heavily rely on credit scores and credit history, hard money lenders focus primarily on the collateral value. This means that even if you have less-than-perfect credit, you still have the opportunity to secure funding for your real estate venture.
Opportunity for Higher Loan Amounts: Hard money loans typically have a higher loan-to-value (LTV) ratio compared to traditional loans, allowing borrowers to access a larger percentage of the property’s value. This can be particularly advantageous when you need substantial financing for your real estate investment in Newport Beach.
Higher Interest Rates: Hard money loans often come with higher interest rates compared to traditional loans. This is because they are considered higher-risk loans due to the relaxed credit requirements and the shorter repayment period typically associated with these loans.
Shorter Loan Terms: Hard money loans are generally short-term loans, with repayment periods ranging from a few months to a few years. While this can be advantageous for investors looking to quickly purchase, renovate, and sell a property, it may not be suitable for long-term real estate investments.
Potential for Higher Fees: In addition to higher interest rates, hard money loans may also involve additional fees, such as origination fees, underwriting fees, and prepayment penalties. It’s important to carefully review and understand the fees associated with the loan before proceeding.
At RTI Bridge Loans, we are committed to providing transparent and reliable hard money loans and bridge loans to support your residential and commercial real estate ventures in Newport Beach, CA. Our team of experienced professionals is here to guide you through the loan process, answer your questions, and help you make informed decisions.
Contact us today at (562) 857-2285 to discuss your financing needs and discover how RTI Bridge Loans can assist you in achieving your Newport Beach real estate goals.