Source Capital is the premier hard money lender in California. Based in San Diego, we specialize in providing investment property loans to California real estate investors, and we also provide financing for Minnesota and Arizona private money loans. We’ve helped thousands of clients secure hard money loans for their real estate endeavors.

We’re a direct hard money lender, and we have the experience and capital to help borrowers purchase or refinance hard money loans. We also help real estate agents and mortgage brokers secure private loans for their clients. At Source Capital, we’re dedicated to helping our clients get the capital they need to accomplish their real estate ventures.

We make it easy to secure financing. Our seasoned team of professionals will help you navigate the loan application process, and we’ll make sure you get great terms on your loan. We’ve had thousands of satisfied clients finance their real estate investments through Source Capital, so you know you’ll be able to count on our years of experience, expertise, and success. Call us today and quickly get the financing you need.

What is a Private Hard Money Loan?

By investing in real estate, you can:

• Increase your wealth
• Gain an appreciating asset
• Diversify your portfolio
• Gain supplemental income for other investments

It’s no wonder that entrepreneurs love investment properties. But it requires a large amount of capital to buy property, so most investors take out a loan. Real estate investors buy properties with a special kind of loan: a hard money loan.

A hard money loan is a short-term loan, that is secured by real property. Most banks don’t give out short-term mortgage loans, but you can get a hard money loan from a private lender, like Source Capital.

You can use a hard money loan to purchase a new investment property, or to refinance an existing investment.

Why Choose Private Hard Money Loans?

A typical mortgage loan requires:

• A significant down payment
• A medium-to-high credit score
• Hefty application process

The traditional mortgage loan can’t keep up with the pace of real estate investment. The best properties often go to the fastest bidders. You could miss out on a lucrative property if you aren’t able to get mortgage financing fast enough. That’s what makes hard money loans incredibly valuable. You can obtain a hard money loan much faster than a traditional mortgage loan because hard money loans don’t require intensive credit inquiries. They’re a great way to get immediate funds to help close escrow.

Hard money loans are also more advantageous to real estate investors because of their shorter terms. You don’t want a loan that’s going to take 30 years to pay off—you want to obtain full equity in the property as fast as possible. Hard money loans enable you to pay off your loan quickly so you can expedite your profits.

At Source Capital, we understand that investors may have difficulty getting a loan with poor credit, recent bankruptcies, or recent foreclosures on their record. We’ll help you get the financing you need when traditional financing institutions reject your loan applications.

How to Qualify for Investment Property Loans

Our hard money loans are different from a traditional mortgage loan. We don’t weigh your credit score, rather, we’re mostly concerned with the equity of the property—not the credit and financial strength of the borrower. That means that our hard money loans are much easier to qualify for than a mortgage.

What do property investment loans offer that conventional mortgages don’t? Plenty:

• Flexible terms: We offer more room for negotiation when it comes to loan terms. We’ll give you a great variety of repayment schedules and interest rates that other financial institutions don’t.
• Credit doesn’t matter: Don’t worry about having bad credit. The property itself is used as collateral for the loan. Your financial history won’t affect your real estate goals.
• Convenience: Applying for a mortgage can be time-consuming. You don’t have to risk losing a property that you’ve had your eye on. With Source Capital, you can get funding in a matter of days or weeks.

Contact Source Capital today and easily apply for real estate financing.

What Types of Loans Does Source Capital Lend?

Hard money loans go by a number of different names, depending on what you’re using the loan for. Source Capital lends:

• Residential property loans
• Bridge loans
• Fix and flip loans

A residential hard money loan is a loan that you use to purchase a residential property on which you plan to profit. You can use an investment property loan to acquire hot properties that may only be on the market for a short span of time.

Two popular types of investment property loans are bridge loans and fix and flip loans. Some investors get the funds to purchase a new property by selling an existing property. These investors use bridge loans to finance the new property until the old one has closed escrow. We also offer commercial bridge hard money loans.

Fix and flip hard money loans are the most popular kind of hard money loan. Fix and flip investors buy below-the-market properties and improve their value by fixing them up. Then they sell the property for a greater profit. A fix and flip loan is used to finance these quick-turnaround real estate ventures.

All of these loans are hard money loans, and all of them have great terms and rates courtesy of Source Capital. No matter what situation you’re borrowing for, you can count on us to customize the terms of your hard money loan so that they best suit your real estate goals.

What Types of Investment Properties Does Source Capital Lend On?

We lend on a wide array of property types, including:

• Single-family homes
• Condominiums
• Duplexes
• Manufactured homes
• Fix and flip properties

We’ll also lend on commercial properties, including:

• Office units
• Retail spaces
• Hospitality

Whether you’re trying to expand your residential real estate portfolio or commercial portfolio, you can count on Source Capital to get you the funds you need to build your business and your profits.

Investment Home Loans on Your Time and Budget

Nobody understands the fast pace of the real estate market better than us. That’s why we’ve crafted a fast and simple loan application process. You can get pre-approved for investment property loans within just 24 hours! Once approved, we can typically provide our clients with their loan within a span of 7 days.

We don’t abide by a “one size fits all” philosophy. We’ll tailor your loan terms specific to your real estate venture so you can get financing that works within your budget and that will help you accomplish your goal. We don’t believe that financing should put a dent on your profits. Financing should boost your profits. Source Capital is committed to helping you secure your dream financing for your real estate project.

Best in the Business

You don’t have to use investment partners to finance a property, and you especially don’t have to take money from family and friends. Source Capital is a wise choice for real estate investors. We’ve funded over $250 million in loans, a testament to our proven track record of success. Our company has an “A+” rating with the Better Business Bureau and we’re a five-star lender on Google, Yelp, Yahoo!, and Bing. When you work with Source Capital, you’ll always get the most exemplary customer service in the industry.