Hard Money Lender Modesto, CA

Why Choose a Hard Money Loan In California?

In California’s hyper-competitive real estate market, prime real estate disappears fast. One of the advantages of choosing a hard money loan over a traditional bank loan is the ability to secure your funds fast and close escrow. Professional real estate investors know that hesitation, or failing to secure their funds faster than the competition, results in losing their target property.

Other traditional lenders require significant amounts of time and paperwork that doesn’t always result in an approved loan. Hard money loans are quick and easy because your loan will be assessed by the value of the property that you’re interested in purchasing rather than your financial history. With no minimum FICO score requirement, Source Capital can approve you for a hard money loan in as little as 24-hours regardless of your credit or financial history.

Other lenders will look at your job history, credit score, banking history, outstanding loans and possibly, even your marital status. Because of the subjective nature of these qualifications, many qualified applicants are denied or overlooked. Fortunately, Modesto hard money loans can be acquired far easier than traditional mortgages and bank loans.

Source Capital is eager to become your partner in your next real estate endeavor, and provide you with the California hard money loan to make it happen.

What Can Hard Money Loans be used for?

Whether you’re interested in a commercial or residential property, Source Capital can help. There are a variety of different real estate investments that our loans may be used for. If you wish to invest in a home, townhome, apartment building, duplex, or commercial property, we can provide you with the necessary funding.

With the help of a Source Capital Modesto hard money lender, you will have the immediate funds you need to secure a loan for a property. We tailor our loans specifically to meet the goals of our clients—giving them the opportunity to invest in a home or project of almost any size or value.

• Commercial properties: Modesto hard money lenders from Source Capital can secure you with a loan for an office, retail, multi-family, storage, industrial building, or warehouse.
• Residential properties: Source Capital understands that sometimes you need to sell your property quickly and purchase a new one somewhere else because of a job change or a sick family member. Our Modesto Hard money lenders are eager to provide you with a loan for your next condo, apartment, duplex, triplex, quadruplex, or single family home.
• Fix and flip businesses: Whether you’re a seasoned veteran in the fix and flip business or just getting started, we have you covered. Hard money loans are often used in the fix and flip real estate game because of the speed at which approval happens and funds are available.

Types of Loan Programs

Whether you’re investing in rental property or refinancing your existing loan, Source Capital can help you find a hard money loan in Modesto that’s perfect for your next investment.

Refinance

Unlock the equity in your home by refinancing your existing loan to secure capital for your next investment. Our Modesto hard money lenders offer competitive interest rates and fast approval and funding times, making us a top choice for investors in the area.

Investment purchase

Finance your next rental property investment with a hard money loan from Source Capital. As long as your rental property generates enough income, we can help you get the money you need to make a competitive offer before it’s too late.

Commercial property

From warehouses and industrial buildings to retail stores and office buildings, Source Capital can help you invest in a range of commercial property. We make it easy to apply for a loan, plus our hard money lenders can customize your loan based on your investment.

Probate and estate

You don’t have to wait for the lengthy probate process to play out before you start investing. With a probate and estate loan from Source Capital, you can access your cash and start investing sooner, so you can make an offer on the property you’re watching before someone else does.

How Our Loans Work

When you choose Source Capital as your Modesto hard money lender, getting approved for a loan is easy. We offer fast approval and funding times, competitive interest rates, and flexible loans for real estate investors.

We focus on your loan to value (LTV) to decide if we can approve each private loan in Modesto. As long as the amount you’re borrowing isn’t more than 65% of the value of the property you’re purchasing, you may be able to get approved for a loan.

Before you agree to your loan, you’ll get a chance to see your interest rate and other loan details.

Modesto Hard Money Lenders and Terms

Source Capitol is the premier hard money lender in Modesto California. Providing fixed, low rates, and fast funding, Source Capitol will give you the funds you need to start your real estate venture in Modesto. You can expect our rates and terms on our loans to be as competitive as the California real estate market.

• No prepayment penalties, no junk fees
• Fixed rates from 8.99%
• Lender fees from 1.75 points
• Loans up to 65% LTV and 3-year terms

Real estate investors in central California know that they can turn to Source Capitol for all of their real estate needs—hassle-free. With some of the most sought-after rates in the country, Source Capitol outshines the competition every time.

If a traditional lender has turned you down for a loan, Source Capital Modesto hard money lenders are the solution. There is no minimum FICO score requirement so if you have poor credit or no credit, we can still provide you with funding for your property. Even if you have a foreclosure or bankruptcy in your financial history, Source Capitol is happy to approve you for the funding you need to secure your property. Are you a foreign national interested in purchasing California real estate? We can help. Unlike traditional lenders, Source Capital is happy to provide funding for foreign nationals.

Why Choose Source Capital?

The California real estate market moves fast and can often be highly competitive. That’s why you need a loan provider who can remain as competitive as the market. Source Capital has an “A+” Better Business Bureau rating to back up our exceptional client testimonials. We are a 5-star rated lender on both Google and Yelp. Our clients know that they can count on Source Capital, for a quick and easy loan process and exceptional service.

Based in San Diego California, Source Capital understands the Golden State’s real estate and investment market better than any other lender. Whether you need the help of a hard money lender in Modesto, Los Angeles, San Diego, San Francisco, Fresno, or anywhere else in California, Source Capital has the dedicated staff to bring your real estate goals to fruition.

How to Apply

You can apply online, or give us a call to get a direct quote over the phone. Our streamlined loan process can provide you with approval in 24-hours and funding in a matter of days. Traditional real estate and bank loans can take months to process because of the number of parties involved. When your fix and flip business needs to close escrow quickly, there’s nothing better than a hard money loan to secure your property. If you have any questions, our staff is standing by to answer any and all of your questions regarding the loan process.

Don’t hesitate to secure your dream house or start your fix and flip business. Skip the intrusive and unnecessary bank loan process and choose Source Capital today. Lock in your bid on the house that’s closing for auction with confidence when you have your hard money loan wired directly to your account.

Apply online today or call us directly 888.235.7191. The funding you need to secure your central California property is just a phone call or a click away.