Far too often, we see brokers over shopping their loans and they kill any opportunity of the loan being funded. When a loan is not packaged correctly for that particular lender, not only does it discourage the investor from reading through it, but it can hurt the borrower's chance at getting a loan at all. If an investor notices that a loan is being shopped and the loan has yet to be funded, it will make him/her curious as to why no one else has funded it and they will pass.
Each lender has a certain sweet spot and looks at certain information within a file so taking the time to know them will prove to be very beneficial. As a california hard money lender, we take the time to know our competition in order to provide our borrowers with the most attractive rate available. We are different than many lenders in that we will not fund the loan in house if we know of a competitor that will make the loan for less. As a california bridge lender we believe that it is our fiduciary obligation to do everything we can to ensure each loan is funded at the best available rate for the client.
As a commercial bridge lender we go above and beyond for every client. If you are new to the hard money lending arena or just do not have the investors readily available to truly know you are getting the best market rate, give us a call and we will assist you. Instead of spending a good amount of time shopping a loan blindly, use us as your hard money one stop resource. We know almost every lender or private beneficiary across the United States that funds loans regularly, so there is no need to look anywhere else.
We also personally make residential bridge loans in first and second position throughout California and Florida.
Commercial private money loans we lend throughout most of the United States in attractive, suburban areas.
Hard money does not have to be hard in this market.
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