San Fernando Valley Hard Money Lenders

Bridge Loan Lenders in San Fernando Valley

Hard Money Financing has never been easier in the San Fernando Valley neighborhoods and surrounding areas with RTI Bridge Loans. With over 30 years of experience, RTI Bridge Loans has been providing real estate investors and property owners with every financing need and loan type possible. RTI serves the greater Los Angeles city along with surrounding cities like San Fernando Valley – everywhere that has promising real estate options. As a professional hard money lending service, RTI is a very quick and reliable way to finance your next property or Fix and Flip project. Contact them today for more information on the San Fernando Valley real estate market and what it can potentially have in store for you.

30 Years Of Experience
30 Years Of Experience

Partner with one of the most reliable and professional direct hard money lenders in California with over 30 years of hard money lending experience.

Fast Approvals And Funding
Fast Approvals And Funding

Quick approvals and direct funding when time is off the essence and need capital on critical opportunities in this fast-moving real estate market.

Leverage Your Money
Leverage Your Money

Maximize Leverage with our financing up to 70-80% LTV of the residential, commercial or mixed project at competitive hard money loan rates.

Background

Recent Deals

We Fund California Real Estate Projects

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 Real Estate California

Get a Free Loan Quote

San Fernando Valley Hard Money Loans

In San Fernando Valley, RTI Bridge Loans offers many Hard Money Loan options such as fix and flip loans, bridge loans, private money loans, and commercial real estate loans. Hard Money Loans are short-term and fast-funded money secured by real estate property, and it’s a quick way to borrow money and avoid the troubles that traditional bank loans put you through. RTI Bridge Loans specializes in helping you make your real estate financing dreams come true, whether you are simply looking for cold hard cash or you don’t meet qualifications for traditional bank or financial institution loans.

Contact RTI Bridge Loans today at (310) 532-5008 to discuss the best bridge loan solution and plan of action for your lending needs.

San Fernando Valley Private Money Loans

Serving San Fernando Valley and surrounding neighborhoods in the Los Angeles, CA, area, RTI Bridge Loans is a Private Money Lender that specializes in providing these types of hard money loans. Private money loans are short-term and are usually used to purchase a new real estate property. RTI finances these private money loans in San Fernando Valley neighborhoods for property owners and real estate investors. They can help you finance commercial property and rental properties in the San Fernando Valley. Home to 1.77 million people, you can expect to continue seeing this area grow over the next few years – this is a great time for investors to make their move. Contact RTI Bridge Loans today and get your project started!

San Fernando Valley Fix & Flip Loans

Highly popular in this area, Fix and Flip Loans are a loan type that enables investors to purchase a property, renovate it, and sell it for a high profit. When the property is sold, the loan is paid off. Given the short loan term (roughly one year), enough time is given to the investor to fully renovate the property and put it up on the San Fernando Valley real estate market – and the profit will be nothing short of incredible with how expensive it is to rent and buy in the area! RTI Bridge Loans has over 30 years of experience in financing Fix and Flip Loan projects, call today, and get started on renovating a property today!

So, What Exactly Are Hard Money Loans?

You may be wondering by now if hard money lenders are legit and what they even are to begin with. If you are having trouble with traditional bank loans or don’t want to wait the months it takes to acquire one (or maybe you have a blemished credit score), then a hard money loan may be a great option for you. Hard Money Loans are a quick way to borrow money without using traditional mortgage lenders. Hard money lenders or companies lend you money based on the property you want to purchase, normally referred to as the collateral.

There are many types of hard money loans including bridge loans, fix and flip loans, private money loans, commercial property loans, and more. They are short-term, usually lasting about a year, with higher interest rates than traditional bank loans. The same rules generally apply to each type of loan, but the reasons for using each one are different. Plus, unlike traditional bank loans, you don’t have to jump through a million hoops to get one. Contact RTI Bridge Loans today for more information on loan types and which one will fit your needs the best.

The Top Advantages Of Hard Money Loans

As we mentioned earlier, there are plenty of benefits to Hard Money Loans, including fast funding, fewer hoops to jump through, short-term financing, and much more. But, let’s take a look at the top 3 reasons why people opt for hard money loans compared to traditional bank loans.

They Are Fast:

If you decide to use a traditional bank loan, you not only have to have excellent credit and a good reason, but you also have to be extremely patient (we’re talking at least 2 months of waiting for your funds). Hard money loans are different. Here at RTI, funding takes as little as 3-5 days (2 weeks max), and you’ll have your money ready to finance a new property.

They Are Flexible:

Traditional bank loans are not flexible whatsoever and have very restrictive guidelines, whereas hard money loans don’t. Though every Hard Money Lending company has their own set of regulations and rules, as we mentioned earlier, there are not many hoops you need to jump through. If you don’t have a perfect credit score, that’s okay – hard money lenders look at your collateral and make their decision based on that.

Hard Money Lenders Provide Financing For Projects That Would Be Turned Down At Banks:

Banks look for certain things when they allow you to borrow, and they will more than likely turn down many financing projects that a hard money lender wouldn’t – including Fix and Flip Loans (a bank probably wouldn’t even consider financing one of these projects). Also, banks don’t like short-term loans, whereas hard money lenders only do short-term loans. Basically, Hard Money Lenders will provide you with financing needs that financial institutions would instantly turn down.

Contact RTI Bridge Loans in San Fernando Valley at (310) 532-5008 for any questions or concerns you may have regarding the limitations of hard money loans.

Hard Money Loan Disadvantages

There can’t be good without having some bad, and many people find hard money loans unattractive for quite a few reasons. Between really high-interest rates and the business deal being risky in general, here are the top reasons why people choose not to go with hard money loans.

High-Interest Rates:

Since hard money loans are very short-term, interest rates will naturally be higher, and they usually sit somewhere between 9-15%. The increased risk for the lender is another reason why interest rates tend to be higher. In populated areas like San Fernando Valley, expect interest rates to be on the lower side due to competition.

High Down Payments And Required Equity

Hard money lenders are able to look past blemished credit or previous foreclosures/bankruptcies because they require a pretty high down payment or solid equity in the property you own. Down payments usually are around 25-30%, and without this, the lender is taking a huge risk if they decide to lend you money.

They Are Last Resort And Short-Term

Written for usually only 6 months to 1 year, hard money loans are considered a short-term last resort for investors. The longer the loan term is, the riskier it gets for the lender because interest rates can potentially change over time. Since they are risky for both the investor and the lender, hard money loans are typically considered a ‘last resort’ option.

Hard Money Loan Types

As previously mentioned, there are many types of hard money loans that are made for different projects and funding situations. Call RTI Bridge Loans at (310) 532-5008 for more information on hard money loans in San Fernando Valley, CA.

Hard Money Loans:

Hard money loans are the main term used for lending money that is secured by real property as collateral – all loan types fall under this category. These loans are short-term, last roughly one year, are high interest, and monthly payments are usually interest-only. If you are unable to repay the loan by the end of the term, the lender will sell the collateral property to make their money back.

Bridge Loans:

Bridge loans are a type of hard money loan that helps people who are trying to buy a new property but have yet to sell their old one. Bridge loans are quite literally a bridge between an old and new property, and when the old property is sold, the loan is paid back in full. This enables people to move into their new place without waiting for their property to sell.

Fix & Flip Loans:

These are a very popular loan option in places like San Fernando Valley that are high in population and continuing to grow. Fix and flip projects include buying a new property, fixing it up, then flipping it for a higher profit. It includes borrowing money from a lender and securing the property, and when the property is fully renovated and sold, the loan is paid back in full.

Working With Hard Money Lenders In San Fernando Valley

RTI Bridge Loans has over 30 years of experience serving hard money loans to the greater Los Angeles area, including surrounding metropolitans like San Fernando Valley. The booming California economy makes the perfect area for real estate investors, and it will only continue to grow in population over the next decade. This makes hard money lenders very popular right now for investors who are looking to fund rental and commercial properties. Why are hard money lenders so popular in San Fernando Valley? It’s simple – they provide very quick funding in an area where people fight tooth and nail over properties (bidding wars), and bank loans simply don’t provide the money fast enough for serious investors to secure a property. Contact RTI Bridge Loans today for any questions you might have about the San Fernando Valley real estate market.

What You Need To Know About San Fernando Valley

San Fernando Valley has a pretty massive population of 1.77 million, and it continues to grow every day as people make the leap to move to outskirt cities of Los Angeles. San Fernando Valley is an urbanized valley within the Los Angeles metropolitan area and is located north of the main Los Angeles city. This city, along with its growing population, is a prime target for both hard money lenders as well as borrowers. This is the absolute best time to invest in real estate within the San Fernando Valley neighborhoods – contact RTI Bridge Loans today for more information about this popular real estate market.

Hard Money Lenders Near Me: San Fernando Valley, CA

Business hours
Monday – Friday : 8am to 5pm
Saturay : Closed
Sunday : Closed
Get a Free Quote