California Hard Money Direct

Direct Hard Money Lender for California Real Estate

California Hard Money Direct does exactly what our name implies and more. We offer direct (no middleman) Hard Money loans throughout the entire State of California.

Hard Money Non-Owner occupied residential
Hard Money Owner occupied residential
Hard Money Commercial & Industrial
Hard Money 2nd Mortgages for both non owner and owner occupied
Hard Money construction completion (refinance)
Hard Money Foreign National Loans
DSCR Loans for rental properties 1-4 units
Non-QM loans for owner occupied properties
No limit to the number of properties on one loan

We also have some blended programs that offer some of the lowest rates you’ll find anywhere. We’ve built a strong reputation by delivering exactly what we promise. Once we quote you a rate, you can depend on your rate & terms staying exactly the same until the end of the loan process. We will pre-approve you during our initial phone conversation & close your loan typically in about 7-10 days.

Please Note: We do not offer loans for vacant land, land development, or ground-up construction. We lend on rehab projects but do not provide rehab funds.

Property Geographic Area Details

Major metro areas throughout California

Loan Amounts

$50,000 to $20,000,000

Interest Rates

6.5% to 11.5%

Loan Terms

6 months to 360 months

Origination Fees

1.5% to 3%

Lien Position

1st, 2nd

Collateral Types

Residential Property
Commercial Property

Loan Purpose

Investment Acquisition
Investment Refinance
Improve Subject Property
Use Equity to Invest in Another Property

Property Occupancy

Vacant
Tenant Occupied 100%
Owner Occupied Commercial

Maximum Leverage

Purchase Short-Term (no Value-Add)

Max LTP Residential: 70%

Max LTP Multifamily: 70%

Max LTP Commercial: 70%

Purchase Long-Term

Max LTP Residential: 80%

Max LTP Multifamily: 80%

Refinance Short-Term (no Cash Out)

Max LTV 1st Lien Residential: 70%

Max CLTV 2nd Lien Residential: 65%

Max LTV 1st Lien Multifamily: 70%

Max CLTV 2nd Lien Multifamily: 65%

Max LTV 1st Lien Commercial: 70%

Refinance & Cash Out Short-Term

Max LTV 1st Lien Residential: 70%

Max CLTV 2nd Lien Residential: 65%

Max LTV 1st Lien Multifamily: 70%

Max CLTV 2nd Lien Multifamily: 65%

Max LTV 1st Lien Commercial: 70%

Refinance Long-Term

Max LTV Residential: 80%

Max LTV Multifamily: 80%

Property Types

2-4 Units Residential
Commercial Condominium
Condominium
Industrial
Mixed-Use
Multifamily
Retail
Single Family Residence

Specialty Loan Types

2nd Mortgage Equity Cash Out
Primary Residence Bridge
Primary Residence Business Purpose Cash Out
Residential Long-Term Rental
Residential Short-Term Rental

Junior Lien Loan Amounts

$50,000 to $3,000,000

Junior Lien Interest Rates

9.5% to 11.5%

Junior Lien Loan-to-Value

70%

Junior Lien Loan-to-Cost

70%

Junior Lien Origination Fees

1.5% to 3%

We Fund Junior Position Loans

Often

Junior Lien Types

Refinance
Equity Cash Out

30%+ down payment is required for hard money loans. For long-term rental or owner-occupied home loans, the minimum down payment is 80%.

Max Loan-to-Purchase Price

70%

Borrower Must Have Property Under Contract

Will Provide Proof of Funds Letter

Will Consider Lending on Purchase from Auction

Allowed Source of Borrower’s Equity

Own Cash
Partner
Equity in Another Investment Property
Equity in Primary Residence

Minimum Loan Amount

$200,000

Maximum Loan Amount

$3,000,000

Minimum Interest Rate

6.5%

Maximum Interest Rate

7.9%

Minimum Origination Fee

1.5%

Maximum Origination Fee

Minimum Loan Term

12 months

Maximum Loan Term

360 months

Maximum Loan-To-Value

80%

Maximum Loan-To-Purchase

80%

Minimum Debt Service Coverage Ratio

1.10

Will Lend on a Portfolio of Properties

Minimum Property Value

$250,000

Maximum Property Value

$4,000,000

Fees which are mandatory for all new borrower clients

Underwriting Fee
Processing Fee
Documents Fee

Fees which are paid to a third party company

Appraisal Fee
Escrow Fee
Title Fee

Details and Requirements

Typical Closing Time (Days)

Fastest Closing Time (Days)

Payment Structure

Interest Only
Amortized

Pre Payment Penalty

yes

6 months minimum interest for hard money loans. 12 months minimum for DSCR long-term rental loans.

Will lend to a foreign national

yes

Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage

yes

Will Consider Collateralizing Multiple Properties in One Loan

yes

Will Consider Equity Joint Venture

Borrower Entity Types Considered

Individual(s)
LLC
Limited Partnership
Trust
Corporation

Documentation Required

Bank Statements
Loan Application

Personal Guaranty (Recourse) Required

Always

Credit Check Required

yes

Credit Check Description

We don't have a minimum credit score requirement for hard money loans. For long-term rental loans, there is a minimum credit score requirement - 650+.

Appraisal Required for Residential Property

Sometimes

Appraisal Required for Commercial Property

Sometimes

Broker Price Opinion (BPO) Accepted for Residential Property

Sometimes

Broker Price Opinion (BPO) Accepted for Commercial Property

Sometimes

California Hard Money Direct Testimonials

Laurence Stewart

"There are times when a “hard money loan” makes sense. When it does, the last thing you want to do is chase your tail with an unscrupulous vendor that will charge too much and may not be able to close the loan. I needed to pull equity out of a condo for a couple of rehab projects I have going and I’m very happy with my results from California Hard Money Direct. I would absolutely use them again."

Thomas Zacharia

"Thank you Judy for acquiring funding for our Purchase of a luxury condo. Judy was able to get me a $1.785 million loan, 65% LTV, with very little docs as it was an SFR investment property. This was a celebrity client with many demands. I would highly recommend Judy to anyone needing a loan fast and with the utmost professionalism."

Robert Rustigian

"I found Judy to be a pleasure to work with and a professional. Judy is accessible and she promptly returned my calls, texts, and email. She understands this niche business of hard money lending. I closed a loan with her at competitive terms and fees. I would do business with her again and recommend Judy to my friends. Thank you Judy."

Ed Batte

"I reached out to several private lenders online. Judy was among several that answered my inquiry regarding a loan of this kind. She stood out! She was direct, nonevasive, honest and kept communication open. To her there were no weekends; she could be reached after 6pm! She cared for her clients, the investors, tremendously; nonetheless, she also made me, the borrower, feel that she had my best interest at heart — a tough balance to strike. The communication/update link was very helpful and made exchange of documents smooth. With a lot patience and education from her (and her team), today we were able to close on a complex loan on very fair terms. I highly recommend California Hard Money Direct."

Yo Yo

"If you are looking for a great experience getting a hard money loan, look no further…I could not have imagined a better experience, and I owe it all to Judy! She is fully engaged, her communication skills are exemplary and she is the consummate professional in every regard. I kid you not, I can get that money so fast you won’t even believe it. In fact, I was the one always holding up Judy, she was always one step ahead and it was ALWAYS clear where we were in the process. So what are you waiting for??? Call Judy and see why she gets so many great reviews from grateful people like me. "

Contact California Hard Money Direct

California Hard Money Direct pays us to be listed, so there is no fee to connect with them directly.

310-853-XXXX

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California Hard Money Direct has been helping both borrowers and brokers for the past 10 years. We are a private lender specializing in both purchase money loans and refinance loans. We provide Mortgage Brokers, Borrowers, Investors & Real Estate agents funding for investment property acquisition and refinancing. We have a very simple philosophy. Tell people what you’re going to do & then actually do it.

Most borrowers have heard a hard money. But have you ever heard of soft money? Five out of 10 borrowers calling us don’t even know this exists yet it is almost half the cost of our hard money. When you run your scenario by us we will tell you instantly whether you are a candidate for any of our soft money products.

Keep in mind, we are direct lenders, not brokers. As such, our money will always be the lowest you will find around. When you need your loan closed fast with NO time for mistakes or slow downs we are the company to call. If you’re a mortgage broker or real estate agent, we understand your reputation is on the line. We won’t disappoint you. If you’re a borrower we understand you’re depending on us. We won’t let you down. We highly recommend you Google us by simply typing in California Hard Money Direct Sherman Oaks. We are one of the only companies in California with over 100 Google reviews.

With the speed & reliable nature of our loan processing, we make it possible for you to compete with cash buyers in a very competitive market. You can feel confident in making offers with ultra fast closing time stated in your offer. Once your loan is in process you can track it online 24/7 with our proprietary software.

License

CA DRE Lic. 01384244, NMLS ID 348736

Year Established

2012

Associations

Equal Housing Lender
Real Estate Bees
Business Hall Of Fame L.A.

Office Locations

13547 Ventura Boulevard, Sherman Oaks, California 91423

Primary Capital Source

Own Funds
Individual Investors
Private Equity Funds

Loan Structure for Majority of Loans

One Investor One Loan
Multiple Investor Fractionalized Note

Percentage of Loans Secured by Commercial Property

20%

Percentage of Loans Secured by Residential Property

80%

Contact California Hard Money Direct

California Hard Money Direct pays us to be listed, so there is no fee to connect with them directly.

310-853-XXXX

Click to show phone number

Send email Create a Loan Request

Stay Informed About Private Lending

Receive our monthly newsletters with valuable insights and industry updates

Contact This Lender

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310-853-XXXX

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