0.675% Monthly Interest Rate
Examples:
| Loan Amount | Loan Amount | Monthly Payment | LTV |
|---|---|---|---|
| $100,000 | 0.675% | $675 | 70% |
| $250,000 | 0.675% | $1687 | 70% |
| $500,000 | 0.675% | $3375 | 70% |
| $750,000 | 0.675% | $5062 | 70% |
| $1,000,000 | 0.675% | $6750 | 70% |
Rate and terms are subject to change without notice. Some restrictions may apply. Subject to credit approval
A plus hard money loan
These investment properties include single family homes, condominium, town homes and 2-4 unit apartment buildings. As long as the property is non-owner occupied, and is used for investment purposes, City Capital Realty can provide a loan for your project. Maximum loan amount is $750,000 on Single family resident and $2,000,000 on 2-4 unit buildings with up to 70.00% LTV.
City Capital Realty Traditional I program extends to multi-family (5+ units) and mixed-use buildings. Maximum loan amount is $5,000,000 with LTV up to 70%.
Why Choose Us
We specialize in providing bridge loans to property owners and real estate investors in need of financing outside the scope of traditional banks and lenders. Our streamlined process and extensive experience, guarantees fast and smooth closings. While traditional lenders could take months to close, we can complete the process in a few days.
- First Trust Deed Only
- Non-Owner Residential
- Commercial | Apartment | Mixed-Use
- Local Decision Making
- Common sense underwriting
Hard money California Loans lending comes with significant fees and high interest rates compared to regular lending but there are still many benefits. Hard money loans are usually more available to borrowers when money is difficult to secure from lending institutions, compared to regular conventional loans. Hard money loans also require less documentation and will close faster so real estate investors can get benefited. Another advantage of Hard money loans is it can be used to make money.
With over 20 years experience in arranging Real estate loans, once you see how easy we make these loans work for you, there is no doubt that on your next deal you will think is City Capital Realty.Weather your seeking for a commercial real estate loans , hard money loans or SBA business loan we are actively funding different type of loans for your investment properties. We will give you a decision on your loan within a few days.
Do You Need Fast Finance For Your Purchase?
California Hard Money Loans For Your Purchase
Hard money loans is a type of loan financing in which a borrower receives funds secured by the value of a real estate property. Hard money loans are most often arranged by private investors or financial institutions. hard money loans interest rates are higher than residential property loans or conventional commercial real estate loans because of the additional risk undertaken by the lender.
Most hard money loans are used for existing income-producing properties and are short-term in nature due to the fact that most lenders are reluctant to incur higher than normal interest rates over an extended period of time. In this sense, hard money loans are similar to bridge loans, the main difference being that a bridge loan usually involves a real estate property that may be in escrow and for which the borrower does not have enough time to approach and secure financing from conventional banks.
Every hard money loans lender has different criteria for approving real estate loans, based on credit rating history, net income of the property, location, and loan to value ratio.
Methods of Holding Real Estate Title
How should I take ownership of the property I am buying?
This important question is one that California real property purchasers ask their real estate, escrow and title professionals every day. Unfortunately, although these professionals may identify the many methods of owning property, they may not recommend a specific form of ownership, as doing so would constitute practicing law.
Because real property has become increasingly more valuable, the question of how parties take ownership of their property has gained greater importance. The form of ownership taken - the vesting of title - will determine who may sign various documents involving the property, and future rights of the parties to the transaction. These rights involve such matters as: real property taxes, income taxes, inheritance and gift taxes, transfer ability of title and exposure to creditor's claims. Also, how title is vested can have significant probate implications in the event of death.
What are Hard Money California Loans:
- The loans that traditional banks won't do it
- Typically decision not based on your credit score
- Decision based on value of property
- Quick - funded in 5 days
- Los Angeles hard money Loans
Reasons Borrowers Using Hard Money Loans:
- Top reason - use hard money loans to make more money
- Real estate investors who do not want to lose deals
- A need for commercial hard money loans
- Quick funding for time sensitive deals
- Bank loan credit denial
- Approved by bank but too slow funding & can't wait
- Seeking short term bridge loans
- Buyers of foreclosures, REO’S and Short Sales
We can provide you with fastest service:
- We are hard money loan brokers, short-term mortgage specialists
- We provide short-term mortgages from $250,000 to $5 million
- We provide commercial hard money for small property owner
- We provide private money and commercial bridge loans
- We provide short-term mortgages for purchase transaction
- We provide money for foreclosure and short sale.
City Capital Realty offers:
- Hard Money Loans.
- Hard money California Loans.
- Commercial Hard Money Loan.
- Private Money Loan.
- Great Terms.
- Owner Occupied and Non-Owner Occupied Hard Money Loans.
- Commercial, Apartment, Mix-used, Warehouse, Industrial, Office, Medical.
- Loan Amounts From $250,000 up to $5,000,000.
- Lending to Individuals, LLCs, Corporations, Trusts and IRAs.
- An excellent reputation within the industry.
- You can borrow up to 70% of the purchase price
Why Choose Us?
Minimal Documentation
We offer hard money loans with minimal documentation. If you have at least 30% down for a purchase, we can get your loan approved. City Capital Realty does loans the others can't!
Experts in Stated Income Home Loan
City Capital Realty administers no income documentation for rate and term, purchase, and cash out refinances—although usually not including rural areas and large acreage lands. City Capital Realty offers Stated Income Loan options specifically for people who own and occupy their homes and for those looking to acquire investment loans.