Santa Clara and the surrounding areas have some of the highest real estate values in the country. While that makes it an exceptional place to invest in real estate, it also means many investors need to use leverage to do so. We have access to some high LTV Santa Clara hard money loans for investors to assist.
Our high LTV hard money loans typically will go as high as 80%. For this aggressive leverage, these programs typically will require either decent credit or some real estate experience - although there are exceptions. In addition to these stand alone products, we also have access to joint venture programs that can expand on that leverage.
For the stand alone hard money products to 80% LTV, we are typically looking at interest only payments and short term loans - typically 12 months. We do have some programs that can be put on 3-4 year terms, but most of the investors we work with fit best in the 12 month option. These loans can be secured by most residential real estate - single family or multi-unit. For commercial properties, our higher leverage programs are typically capping out in the 75% range, although there are some exceptions.
For the joint venture programs, the terms are going to include equity participation. These programs are typically going to cap out at 70% of the after repair value. Usually they are structured to include no payments due for the term of the loan, and require 30-50% equity in the deal. For investors in the Santa Clara area, being able to leverage up to 100% of the costs can be worth the cost of giving up to 50% of the equity to a partner in order to successfully finance a transaction.
We have access to many different hard money loan programs for the Santa Clara and surrounding Bay Area. We can help with land and unique properties as well. Visit our Santa Clara hard money loans page for additional details with regards to our high LTV Santa Clara hard money loans for investors, or call for more information at 877 462 3422. Typically a short conversation will help us start to put together options to explore with regards to alternative financing options.