Los Angeles Hard Money Lenders
We at Hard Money Bridge Lender (HMBL), are experienced hard money lenders, serving in Los Angeles for over three decades. HMBL is specialized in bridge lending services and has been providing hard money lending services to real estate investors, developers, buyers and refinance existing borrowers. We aim to empower our clients with our fast and reliable programs to finance their real estate projects.
In competitive real estate markets, it is crucial to have quick access to capital. With us, you have found your reliable financing partner. Hard money lending services are commonly used by borrowers who want to close a real estate transaction more quickly or for those who could not qualify for traditional bank mortgages. As this kind of short term mortgage helps you to get quick access to financing, the interest rate and fees associated with this kind of lending services are generally higher than the conventional banks. As a direct hard money lender, we can finance your real estate project quickly at lower interest rates and with better terms. Not only this, but we also approve your application in less than 24 hours and can transfer funds in as little as three days. No other hard money lending institution can break our record of fast approvals and funding, competitive rates and reliable service.
When you come across a great property with income potential, you’re likely not the only one with eyes on it. Only the buyer with readily available access to capital or has cash will win the property. It is imperative to move fast to win out on profitable investments. If you apply for a conventional loan, it will take months to approve and if your credit is not excellent, you will likely not be able to retain financing.
At HMBL, we do not require a limitless amount of documents – only a loan application and bank statements. No need to worry if you do not have tax returns that reflect substantial income or if you do not have a low loan to value. Reach out to us about your loan scenario and see what our hard money lending services can do for you.
returns, and other paperwork that do not matter to us as we approve our lending services based on the equity. Our mortgage application process is simple and lending terms are flexible.
Advantages that you would get by choosing us as your hard money lender:
- Simplified application process
- Fast approval and fund transfer
- Lower document requirements
- Significant capital amounts
Not only this, but we also ensure smooth closing by handling all the paperwork properly and also managing escrow and title.
If banks or any conventional financial institutions have denied lending you due to your bad credit history, income or any other reason, you can reach out to our firm. Unlike traditional banks, we do not require your income documents, tax returns, and other paperwork that do not matter to us as we approve our lending services based on the equity. Our mortgage application process is simple and lending terms are flexible.
If you are also looking for a hard money lender who can finance your next real estate project, we are your perfect financial solution. Use our services and don’t let the opportunity go out of your hand.
Frequently Asked Questions
Are you a direct lender?
Yes, we are a direct lender and lend from our own in-house fund. This means lower interest rates and faster approvals.
Will my mortgage application be approved if I have a low credit score?
We do not have difficult credit requirements that prevent you from qualifying. You must have a minimum 620 credit score to qualify.
What will you look for while considering my application?
Our team will primarily review the collateral. Equity in real estate is the main determining factor in the application approval process. However, we also review your ability to repay, credit-to-debt ratio, cash reserves, and experience level.
How much time does it take to process the mortgage application?
We process your application within 24 hours and can fund financing in as little as three days.
Will my mortgage application be approved if I have a foreclosure on my record?
Much like credit score issues, your foreclosure record will not influence your mortgage application approval process. The main reason borrowers are denied a mortgage is because of a lack of equity in real estate.
On What type of property do you lend on?
We are a direct hard money lender and specialize in Bridge lending. We use our own in-house funds and lend on a residential, commercial, industrial and multi-family properties.