Hard Money Loans In California

- Revenue is acknowledged and not verified.
- Purchase, price and term, or money out refinance. Undocumented aliens with ITIN numbers should not allowed beneath this program.
- Documented capacity to repay could also be applicable underneath sure situations.
- US citizens, everlasting resident aliens, and overseas nationals with valid passport and US visa are allowed.
- $5,000,000 most mortgage amount.
- 500 minimal credit score score required.
- Up to 65% mortgage-to-worth for cash-out refinances (see pointers).
- SFR, PUDs, condos, townhouses, and 2-four items allowed.
- Owner-consumer, second home or investment properties.
- Combined-use residential property with industrial affect allowed on case-by-case basis.
- $100,000 minimal mortgage amount.
- As much as 70% mortgage-to-worth for purchases and rate/time period refinances (see guidelines).
- No reserves required.


- All loans require impounding of property taxes and hazard insurance. - Property have to be located in the State of California.
- No prepayment penalty.




To download underwriting tips

for our hard money loans sacramento cash loan program:
- Out there as a 5/1 ARM or 7/1 ARM only, amortized over 30 years.

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