Looking for direct hard money lenders can be a difficult task if you have not already built the relationships this type of lending requires. It can be even more challenging to find the right fit if you are a borrower looking for a hard money loan.
If you need a conventional loan, your choice of broker or representative probably will not impact your ability to obtain a loan. Conventional lenders advertise their rates and programs, underwriting is usually black and white, and any number of professionals can get the job done for you. The hard money lending environment, however, is a different story.
Hard money lenders come in all shapes and sizes. Most do not advertise, and many do not have black and white guidelines. It is extremely important to have someone who is knowledgeable and has relationships built represent you. Working with a loan officer who has done conventional loans and is just getting their feet wet in the hard money world can be detrimental, and can even keep you from obtaining the loan you need. You wouldn't ask your dentist to perform heart surgery simply because he or she is a doctor, make sure you use the correct specialist when dealing with your financial needs as well.
In today's lending world, money is extremely tight. It is more important than ever to have your loan packaged well if you are in need of a hard money loan. I have been in the business for a number of years, doing hard money loans almost exclusively. I have access to in house money; we are hard money lenders specializing in San Francisco properties and properties in the surrounding areas. Additionally, I have built the relationships necessary to match your loan with a direct hard money lender should your loan fall outside of our guidelines. In fact, many brokers contact me to place hard money loans for them.
If you are looking for San Francisco hard money, or hard money in the San Francisco Bay Area, please don't hesitate to contact me directly. Additionally, I can help with California hard money throughout the state. Give me a call today to discuss your scenario. I'm happy to talk with you about the options available, and you can rest assured that you are dealing with a specialist.