CALL US AT (310) 734 4044
California VA Loan

Some fundamental facts about private hard money loans

In case you are looking forward to take private hard money loans then there are some of the basic information that you need to know.

People that are interested in real estate are required to make sure secure financing of their intended investment properties. Due to previous recession seeking loans and searching places borrowing money has become really a difficult task to do. There are actually very few and restricted alternatives for securing money. One of the best alternatives among them is private hard money loans.

Professionals suggest that a private hard money loan is one of the best methods of getting a property loan in the market. These are the kind of loans that are designed for the borrowers that have poor credit score and cannot go with the option of regular bank loans or financial institutions.

These hard money loan lenders are actually very different from the banks. The major difference is that they are least bothered regarding the credit score of their clients. All loans of these types are based on collateral assets which are required for securing a fixed amount. Lenders will check the after repair value of these assets and lend money as per the requirements of the borrower.

These kind of hard money loans are very fast in comparison of the normal bank loans. Customers will not be required to file applications and will not be required to complete many documents. Rather they will require tax returns and documents pertaining to the property.

The conditions of financing are different with different hard money loan lenders. The application for loan will be accepted and rejected on the basis of the evaluation techniques which are individualistic in nature.

To learn more about our financing solutions for residential and commercial properties, please call us at (310) 734-4044 or visit us at

(No Ratings Yet)

Join our Team
Magna Capital Group, Inc is actively seeking for self-motivated, driven loan officers to become a part of our successful and growing... Read More
About Us
The principal of the company has over 30 years of experience in the industry. Our mission is to treat our valued clients with honesty... Read More
Magna Capital Group, Inc., Real Estate, Los Angeles, CA
Accredited Real Estate Services, Magna has 30+ years of combined experience in the Real Estate & Financial Services business. Read More
Magna Capital Group, Inc is a full service real estate and financial services company. We provide specialized services to our clients... Read More
Mortgage Rates
Current Mortgage Rates Current Mortgage Rates Get Widgets

Real Estate Most Recent News

Zell Is Cautious on Real Estate

Sam Zell gained the nickname "the grave dancer" in the early 1990s for buying beaten-down real-estate properties and riding them to huge recoveries. During the recent downturn, he rarely has made it to the funeral.

Standard Deviation in Manhattan

The owners of the Standard Hotel have resisted unsolicited offers for the trendy hotel. But now they have decided to put it up for sale.

Blackstone Revisits Hilton Debt Deal

As Blackstone Group prepares to return Hilton Hotels to the public market, it once again is planning a huge mortgage-backed securities deal that will test the debt market.

Developers Bet Big on Seattle

Office space is going up on faith that companies such as and Microsoft will fill it as the city's technology sector booms.

Hong Kong Infrastructure Costs Escalate

The scope of infrastructure development Hong Kong has in the works is extreme even by its standards, with the pace of construction taking a toll on labor availability and straining budgets

Behind Venezuela's Odd Property Boom

Venezuela seems an unlikely place for U.S. companies to buy commercial real estate. So why are DirecTV, Avon, GM and other firms snapping up office buildings in Caracas?