Hard Money Equity Loans for Los Angeles, CA
Securing financing for your needs whether it’s to buy a piece of property, house, or something else can oftentimes be a difficult process. But that’s not the case with CB Home Loans. We can help you get money if you have bad credit, an impending foreclosure, or just need financing for your new home purchase. If you live in the Los Angeles, CA, area, be sure to ask us about our hard money equity loans.
What Are Hard Money Loans?
Hard money loans are a specific loan type where the loan borrower can secure funds and financing through real property. This falls under the umbrella of an asset-based loan financing option and can provide financial and real estate opportunities and solutions for those looking to purchase real estate.
Hard money equity loans are often used for real estate transactions and the lender is not typically a bank.
What Are the Benefits of Hard Money Loans?
There are a few key benefits of choosing to acquire a hard money loan when you are considering purchasing real estate:
- You can get the financing you need to buy your home
- You can raise funds quickly
- Your loan is usually taken out for just a short time
- You can negotiate directly with CB Home Loans on the terms
With a hard money loan, CB Home Loans will take into account the value of the home or property you are looking to purchase. Using this as collateral instead of your past credit score, borrowers are able to better their living and financial situation in a way not available to them through traditional loan institutions such as banks.
How Can I Get Started?