San Francisco, CA Hard Money Lenders

Bridge Loan Lenders in San Francisco, CA

Financing a hard money loan in San Francisco, CA, is so easy when you use a hard money lender such as RTI Bridge Loans. With tons of financing options to fit your every need, and with over 15 years of experience, RTI Bridge Loans has been helping property owners, and real estate investors make project dreams come true. Our team serves the greater San Francisco city limits as well as surrounding areas. Besides, this professional hard money lending company is a very reliable and quick way to finance your next property or project. Contact RTI Bridge Loans today to learn more about the San Francisco real estate market and why you should invest in the area.

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.

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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

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What Are Hard Money Loans?

So, what exactly are these ‘hard money loans,’ and how do they benefit you as an investor? You might be questioning the legitimacy of how easy the process is and how to begin the process in general. The problem with traditional bank loans is that there are so many hoops to jump through, and the process can take upwards of three months. On top of that, you will have to meet the credit score and financial history requirements. This is where hard money loans come into the picture.

Hard money loans are a fast way to borrow money without using traditional bank lenders. Hard money loans come from private lenders or companies, and they lend you money based on your collateral (usually a property). There are many different types of hard money loans used for various kinds of financial endeavors. Some of these include bridge loans, fix and flip loans, commercial property loans, private money loans, and more.

These loan types are very short-term and last roughly one year on average. They have higher interest rates than bank loans. Contact RTI Bridge Loans to learn more about hard money loans and how they can benefit you.

The Top Perks Of Using Hard Money Loans

We previously mentioned that there are far fewer hoops to jump through when you opt for a hard money loan. Let’s take a further look at how hard money loans differ from traditional bank loans, and why they make an excellent option for funding.

They Are Flexible

Compared to traditional bank loans or mortgages, hard money loans don’t have restrictive guidelines. Hard money lenders look at the property you’re using as collateral rather than your credit score or past financial issues such as bankruptcy.

They are very speedy

Do you need fast hard cash to score a property in San Francisco right now? You don’t have to wait for months to be approved or receive your funds. Here at RTI Bridge Loans, you can snag a San Francisco property with funding as low as 3-5 days.

They provide funding for projects that would be immediately refused at traditional banks

Banks look at what you want to finance, and if it doesn’t meet qualifications, you simply won’t get approved. For example, fix and flip loans will more than likely get denied. Hard money loans also only do short-term loans – something that banks don’t like to do.

The Top Disadvantages Of Hard Money Loans

There are only a few reasons why people don’t like hard money loans. Nevertheless, it is still important to touch base on them. Here are the top reasons why people opt out of financing a hard money loan:

Equity is required, and down payments are high

Since hard money lenders look past financial blemishes or a poor credit score, they need a pretty high down payment (25-30%) or substantial equity in the property you own. Without doing this, your lender would be taking a considerable risk giving you the money.

The interest rates are pretty steep

They usually sit around 9-15%; this is because hard money loans are very short-term, so interest rates will naturally be higher. Since San Francisco is so densely populated, you can expect interest rates to be on the lower side due to competition.

They are short-term and considered a ‘last resort’ option

Hard money loans are only written for roughly six months to one year, and the longer the loan term is, the riskier things get for both the lender and the investor.

The Different Types Of Hard Money Loans In San Francisco, CA

There are many different types of hard money loans, and many serve different purposes from one another. Contact RTI Bridge Loans today at (310) 532-5008 for more information about hard money loans in San Francisco, CA.

Bridge Loans:

This type of hard money loan helps people who are in the process of buying a new property but haven’t sold their old one yet. They are quite literally considered a ‘bridge’ between an old and unique feature. Bridge loans enable people to move into their new home without waiting for their old property to sell.

Hard Money Loans:

Hard money loans are the general term used to describe money that is lent by securing the real property as collateral. If you are unable to repay the debt by the end of the loan term, your collateral property will be used to repay the debt.

Fix And Flip Loans:

In San Francisco, fix and flip loans are prevalent. They are used when an investor wants to buy a property, fix it up, and then flip it for a better profit. When the property is sold, the loan is paid back in full.

San Francisco 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 Francisco 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 15 years of experience in financing fix and flip loan projects, call today, and get started on renovating a property today!

San Francisco Private Money Loans

Throughout the dense San Francisco housing market, RTI Bridge Loans offers private money loans (a type of hard money loan). Private money loans are also short-term loan options that RTI provides in San Francisco and surrounding areas to real estate investors and property owners. Home to over 884,000 people, you can expect to see this area continue to grow and flourish, so there’s never been a better time to invest!

San Francisco Hard Money Loans

In San Francisco, RTI Bridge Loans offers many hard money loan options such as fix and flip loans, private money loans, bridge loans, commercial real estate loans, and many more. Hard money loans are funded quickly, and they are short-term, secured by real property, and they are a speedy way to borrow money – all while avoiding the troubles that traditional financial institutions put you through. RTI Bridge Loans specializes in funding you with cold hard cash if you are looking to buy a property quickly, or you have been turned down by a bank.

Working With Hard Money Lenders In San Francisco, CA

Real estate in San Francisco, CA, is booming and continuing to grow at a rapid rate. RTI Bridge Loans has over 15 years of experience serving hard money loans to investors in the greater San Francisco city and surrounding areas. Hard money lenders are top-rated in the area right now for investors who are looking to fund commercial and rental properties. So, why are hard money lenders so popular in San Francisco? The answer is straightforward to understand – they provide swift funding in an area where bidding wars are hotter than ever, and bank loans simply don’t offer fast enough funding of severe investors to secure a property. Call RTI Bridge Loans today for any questions you have about the San Francisco real estate market.

Everything You Need To Know About San Francisco

San Francisco is the 15th most populated city in the United States and the 4th most populated city in California. By early 2020, the population reached a hair over 844,000 inhabitants. San Francisco is packed with busy metropolitans and urbanized housing, as well as quiet neighborhoods and loud apartment complexes and neighborhood townhouses. You can find anywhere to invest or live in the area as well as the small outskirts towns of San Francisco. With a booming economy and thousands of new houses on the market every year, expect to see the population continue to rise over the next few years. The influx of people will result in more homes being built and the need for hard money loans to help investors purchase new real estate properties. San Francisco is located at the North end of the San Francisco Peninsula and has gorgeous views of the pacific ocean on long stretches of either side. The median home price is $1,299,000, and the average monthly rent price is roughly $3,500.

Hard Money Lenders Near Me: San Francisco, CA

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