These legitimate lenders are much more desirable for borrowers than what is known as predatory lenders, who make loans in the hopes that the borrower cannot make the payments and they can foreclose on the property. It is this scenario that makes finding qualified and professional bad credit loans so important.
1. SDC Capital Funding | Bad Credit Home Loan California
Silverberg Homes, a predecessor to Silverberg Development Corp. was formed in 1981, initially to develop single family detached homes. The company is licensed as a California General Contractor with the California State License Board, License No. 420469 (Classification B-1). The company is also active as a California licensed Real Estate Broker.
In its earliest years, when the housing market was sluggish because of double-digit interest rates, the company acted as a consultant to several savings and loan associations as well as some private lenders to assist them in the disposition of their project-oriented real estate which they acquired by foreclosure or deed-in-lieu of foreclosure. However, beginning in 1983, the company was able to begin concentrating on its core activity, development of affordable single-family homes throughout the San Fernando Valley. The firm accurately predicted the 1990's housing recession, slowed down its development of new projects and fell back on its consulting roots. It assisted numerous homeowners with Earthquake-related insurance settlements and acted as a Construction Manager instrumental in the reconstruction of homes damaged by the Northridge Earthquake.
Silverberg Development Corp. was formed in 1989 as an adjunct to Silverberg Homes in order to focus on multi-family and commercial projects as well as various additional single-family home projects. The firms have successfully developed over 500 housing units and have also developed or repositioned various commercial, office and retail projects in Southern California. The firms are actively developing projects throughout Southern California and are now seeking development, investment and re-positioning opportunities in all real estate sectors nationwide.
Contact: Shawna Phelan
Phone: (818) 342-9555 x202
2. The Norris Group | California Bad Credit Mortgage
California Hard Money Loan Program - The Norris Group's private money/hard money loan program is designed for California real estate investor professionals. Our reliable hard money loan program makes the process of investment funding fast and easy. In fact, our simple loan process enables our clients to close their purchase in as little as 10 days!** We work with investors buying REOs, short sales, real estate auctions, trustee sales, trustee sale refinances, and even private party properties.
Our CA hard money program funds single family residential propety (1-4 unit) in Southern California including Los Angeles County, San Diego County, Orange County, Riverside County, and San Bernardino County. And, you can now offer leverage inside your self directed IRA and solo 401(k) accounts thanks to our non recourse loans.
Trusted Hard Money Lender
Since 1997, The Norris Group has funded well over $250 million dollars to investors which have resulted in million of dollars in profit for our clients. From start-up investors that are looking to get into the real estate marketplace to the seasoned investors who invest multiple times per year, we have both the funding capacity available and the professional resources to meet your needs.
Contact: Craig Hill
Phone: (951) 780-5856
3. Windvest Corporation | Bad Credit California Home Loans
Windvest Corporation is one of California´s premiere hard money lenders. Our unique line of products are designed for those who need a loan fast or simply cannot qualify with conventional lenders due to strict lending limitations, funding timelines, or unique nature of transaction. Our application process is simple with 24 hour approvals and 7 day closings. We are a relationship based lender using our own capital to fund your deals which means fast and professional service with a personal touch. We can also provide proof of funds letters for qualified applicants. Call us today for a free quote or to discuss your next project.
Contact: Andre Jimenez
Phone: (877) 285-0777
4. Zinc Financial, LLC | California Bad Credit Loan
Welcome to ZINC Financial, LLC, your direct rehab loan lender - ZINC Financial, LLC is a leading Investment Rehab Lender. If you're looking for a rehab loan, you have come to the right place. We specialize in hard money rehab loans, and we help investors leverage their capital to acquire and rehab properties for investment purposes. We are a direct lender, so fast decisions are made right here. We understand that our investors can't wait for conventional financing and must close their rehab loan quickly. This provides for expedited property turn a rounds allowing our investors to realize faster profits.
ZINC requires that all investors contribute cash to the deal to align their interest with ZINC's. This provides for a mutually beneficial and profitable relationship. A rehab Home loan from ZINC is designed for properties that can not qualify for a traditional mortgage loan based on the current distressed condition of the property. ZINC's Investor rehab loans are designed to be closed in a matter of days, affording investors the opportunity to close their deal fast. ZINC Financial, LLC provides Investor rehab loans for investors in California, Arizona* and Nevada* that need to close that deal quickly.
Contact: Todd Pigott
Phone: (559) 326-2509
5. 1st California Hard Money | Bad Credit Home Loans California
California's Premier Hard Money Lender
1st California Hard Money is one of California's premier hard money lenders. We have been providing fast efficient service for over 25 years and have successfully closed in excess of $300 Million in privately funded loans since inception.
Because of our speed and attention to detail we have been fortunate to create opportunity for all parties involved with each transaction including Borrowers, Investors and Brokers.
If you have a challenging timeline where you are up against the wire and you need an answer or commitment from a lender, this is where we seperate ourselves from the competition, as our experience allows us to "approve on the fly" which is a huge benefit to our borrowers.
Providing we are satisfied with all representations as to the pertinent details of the loan and ultimately the VALUE, we can close the loan as quick as title and escrow can be completed.
Contact: Mike Sanders
Phone: (619) 318-0710
6. 1st California Loans Inc. | Bad Credit California
Large print for ALL HARD MONEY LENDERS ARE NOT CREATED EQUAL!
If you are looking for:
Experience you can depend on…
Trust you can feel…
Expertise & knowledge you need…
Speed you can't be without…
Personalized, flexible service you have to have
And a Lender that will quickly say yes, when the bank says no
Then discover why 1st California Loans Inc. is the preferred and best choice to handle your hard money real estate financing needs!
Call us today for loans on residential, commercial, mixed-use, multi-family or improved lots:
Credit problems are ok
Purchase money loans (fix and flips or long term holds)
Refinance with no cash out restrictions
Recently inherited properties
Debt consolidation loans
Loans for the self-employed where traditional income verification is an issue
Contact: Pamela Grimes
7. 1st Equity Lending Corp. | Bad Credit California Refinance
We are a family owned and operated company specializing in Hard Money Loans secured by all property types in California. For commercially zoned properties we provide financing throughout the entire U.S.
Backed by over 3 billion in investor capital we have the ability to provide financing for any size transaction without the qualifying factors typical of institutiona lenders.
We provide Hard Money and Bridge Loans for Individuals, Trusts and Corporate entities. We also welcome calls from lenders, brokers, Realtors, accountants, attorneys, and other consultants seeking financing for their clients.
At Better Loans & Realty, we are dedicated to providing our clients with exceptional information, ethical service and quality loan products at competitive prices.
Broker commissions protected.
Contact: Joseph Perez
Phone: (818) 952-2750
8. All California Home Loans | Bad Credit Mortgage California
California Home Loans - Chris Goulart is a seasoned professional who will shop a great home mortgage loan on your behalf and discuss California mortgage rates and loan product options. We work with good credit, bad credit, bankruptcies, self employed borrowers and any other situation. We also work with hard money lenders and can arrange for a private money loan, bridge loan or land loan. We specialize in private money financing for business purposes, regardless of your business credit.
We provide Northern and Southern California home loans for Los Angeles, San Diego, San Francisco, Sacramento, San Jose, Fremont,
Danville, Dublin, Pleasanton, San Ramon, Berkeley, Walnut Creek, Hayward, Antioch, Brentwood, Martinez, Contra Costa & Alameda County. We are California hard money lenders and private money lenders for California. We can provide a CA hard money, private money, bridge or land loan. Looking for California private money or hard money loans? We can help.
Contact: Chris Goulart
Phone: (877) 462-3422
9. American Pacific Mortgage | Bad Credit Mortgage Loan California
We specialize in the following types of business: Purchase Loans, Refinance, Debt Consolidation, Private AKA Hard Money Loans, Bridge Loans, Commercial, Reverse Mortgages, & FHA/VA Loans. Turned Down? Call or email now- I'll do my best to help! Located in the SF Bay Area.
Turn the home of your dreams into reality. Whether you are buying your first home, second home, or vacation property, use this FREE self-help tool to determine exactly what type of purchase loan is best for you.
Contact: Steve Mason
Phone: (707) 769-4731
10. California Hard Money Direct | California Mortgage Loan For Bad Credit
California Hard Money Direct (CHMD) is comprised of experienced, knowledgeable and dedicated professionals with expertise in every area of private and institutional real estate financing. The principals of CHMD understand and appreciate the profitability and complexities that certain transactions bring with them. Often, these complexities provide a hurdle that conventional lenders may never be able to overcome, regardless of your relationship with them or profitability of the project. It is here that CHMD excels.
We have an abundance of investor capital with the ability to provide hard money and bridge loan financing for transactions up to 5 million without the qualifying factors required by conventional lenders.
With our speed and efficiency we keep your real estate project moving forward by offering short term financing for acquisitions, "rehab" projects, renovations of residential foreclosed properties, as well as a variety of commercial properties. When you have a time sensitive project our unique approach to financing allows speed and flexibility that traditional robotic and inflexible banking e
nvironments do not provide.
Contact: Judy Rae
Phone: (818) 766-6503
11. Brookview Financial, Inc. | Bad Credit Home Mortgage California
As the nation's premier national rehab lender, and more recently through the Brookview Finance Club, we provide reliable funds and real estate education to real estate investors in most states throughout the country. Established in 1992 to focus on alternative investments, Brookview has provided thousands of rehab loans to real estate investors for the purchase and renovation of distressed properties in need of acquisition and rehab funding.
We are a private lender providing short-term real estate secured loans to rehabbers who depend on Brookview's "quick-close" private money and our exceptional customer service. Brookview is not a strict hard money lender or hard equity lender. Brookview is in a category of specialty rehab lenders and is a direct private mortgage lender with a rehab loan program specifically designed for qualified rehab investors.
The determination and integrity of our rehab investors, coupled with the strength of the private capital we provide as a direct lender, achieve a shared and ultimate goal of revitalizing communities, encouraging home ownership and increasing the supply of affordable housing nationwide. We invite those who qualify for our rehab loans to join us in this endeavor.
Phone: (203) 230-8500
12. DUJ Real Estate Funding
San Diego Private Money and Real Estate Funding is a mortgage brokerage firm specializing in originating Hard Money loans on investment real estate in California. We provide private money lending to all types of borrowers; loans are funded from private capital resources that offer speed and flexibility not found in traditional financing. Hard money loans do not compete on price, but conventional lenders cannot compete with the speed and flexibility offered by our private lenders.
Phone: (858) 560-6555
13. Equitable Mortgage
Equitable Mortgage is an independent, full service mortgage broker specializing in Real Estate Loans including Private Money Loans, also known as Hard Honey Loans or Real Estate Equity Loans. Equitable Mortgage works directly with investors to offer real estate collateralized loans that do not meet conventional bank criteria. We have strong relationships with our lenders, so we can offer you competitive rates and service. We go above and beyond to get you the right loan. Equitable Mortgage has programs available to fit many situations. We have helped first time home buyers as well as investors acquire the perfect funding solution. Call Equitable Mortgage today and find out what we can do for you!
Can't get approved by the bank? Call Equitable TODAY, we have private investors that will fund loans of up to 60% LTV! Bad credit OK. View our Loan Programs to see what we can do for you. We offer a full range of loan types and consider every investment unique, structuring each loan to suit the situation. We think outside of the box to get you the money you need
Contact: Dylan Love/Susan Pastor
Phone: (530) 886-1414
More On California Bad Credit Loans
Bad credit or hard money loans are any made to individuals with past, recent, or current FICO and credit issues. A borrower may get one of these subprime loans in order to keep their home and, during the course of the loan, rebuild their credit and eventually refinance to a more traditional mortgage loan.
Bad credit loans for borrowers should be structured, ideally, for 12 or 18 months -- during which time the homeowner can repair their bad credit. Once the bad credit and FICO score has been raised, the borrower can refinance into a California mortgage loan.
Are You Eligible for a California Bad Credit Loan?
To find out whether you quailify, find and apply to 2 to 3 qulaity bad credit lenders. Many California bad credit lenders offer online applications to make the process easier (mostly for themselves, but also for the borrower). Once you submit your loan application, the lenders will contact you to review whether you qualify for a California bad credit refinancing loan. This process can be difficult so as a borrower you need to be patient and make sure that the loan payments are within your reach.
California bad credit loans can be made in the following counties: Alameda, Alpine, Amador, Butte, Calaveras, Colusa, Contra Costa, Del Norte, El Dorado, Fresno, Glenn, Humboldt, Imperial, Inyo, Kern, Kings, Lake, Lassen, Los Angeles, Madera, Marin, Mariposa, Mendocino, Merced, Modoc, Mono, Monterey, Napa, California, Orange, Placer, Plumas, Riverside, Sacramento, San Benito, San Bernardino, San Diego, San Francisco, San Joaquin, San Luis Obispo, San Mateo, Santa Barbara, Santa Clara, Santa Cruz, Shasta, Sierra, Siskiyou, Solano, Sonoma, Stanislaus, Sutter, Tehama, Trinity, Tulare, Tuolumne, Ventura, Yolo, Yuba. We also service San Francisco, San Jose, Los Angeles, San Diego, Anaheim, Irvine, and Oakland, CA.