Google 5-Star Rated Direct Hard Money Lender
515 South Flower Street, 18th Floor
Los Angeles, CA 90071
Los Angeles, CA 90071
18205 N 51st Ave, Suite 115
Glendale, AZ 85308
Glendale, AZ 85308
600 West Broadway, Suite 700
San Diego, CA 92101
San Diego, CA 92101
121 Washington Ave N 4th Floor
Minneapolis, MN 55401
Minneapolis, MN 55401
325 North St. Paul Street, Suite 3100
Dallas, TX 75201
Dallas, TX 75201
110 16th Street, Suite 1400
Denver, CO 80202
Denver, CO 80202
MB#0938454 | CA BRE# 01796521 | NMLS# 237332
★★★★★
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How Do Private Money Loans Work?
/in Blog/by Sacha FerrandiPrivate money loans are flexible, quick financing options individuals or companies provide. They are often based on the value of the property or asset rather than the borrower’s credit score. These loans are best suited for real estate investors, house flippers, and those with unique financial situations needing fast access to funds. Source Capital offers streamlined private hard money loans with same-day approvals and flexible terms.
What is Loan to Value (LTV) and How to Calculate It
/in Blog/by Sacha FerrandiLoan to value (LTV) is a number lenders use to decide if they want to give you a loan for a house or other property. It’s a percentage that shows how much of the house’s value you’re borrowing. If this number is relatively low, it means you’re borrowing less compared to what the house is worth, which lenders prefer because it reduces their risk.
What Are Non-QM Loans?
/in Blog/by Sacha FerrandiNon-QM loans are an alternative to traditional mortgages for people who don’t qualify. There are several types of non-QM loans, including hard money loans and interest-only loans. Non-QM loans offer several benefits, including faster approval times and more flexibility.
What is Cash-Out Refinancing and How Does It Work?
/in Blog/by Sacha FerrandiCash-out refinancing allows you to leverage your property’s equity to take out a loan and can help borrowers quickly access cash and negotiate lower interest rates. Before applying for cash-out refinancing, consider your equity and new loan terms and rates.
What Is a Home Appraisal?
/in Blog/by Sacha FerrandiA home appraisal is a valuation of a home that’s used when buying or selling real estate. Home appraisals are based on the size and condition of your home as well as recent sales of comparable homes in your area. At Source Capital, we offer a wide range of loan options to help you get the money you need to invest in property.