First, call and speak with one of our licensed senior loan officers to begin the application process. We will conduct a quick phone interview to get a better understanding of your needs and quickly move to the application process.
Immediately following your application we begin the approval process. Our staff will work diligently to find the loan programs that best suit your needs and goals. We usually have an answer within 24 hours!
Once we’ve completed the approval process, you’re ready to fund your new loan. After you’ve completed signing the loan documents they will be returned to our funding department.
We specialize in providing bridge loans to property owners and real estate investors in need of financing outside the scope of traditional banks and lenders. Our streamlined process and extensive experience, guarantees fast and smooth closings. While traditional lenders could take months to close, we can complete the process in a few days.
Hard money California Loans lending comes with significant fees and high interest rates compared to regular lending but there are still many benefits. Hard money loans are usually more available to borrowers when money is difficult to secure from lending institutions, compared to regular conventional loans. Hard money loans also require less documentation and will close faster so real estate investors can get benefited. Another advantage of Hard money loans is it can be used to make money.
With over 20 years experience in arranging Real estate loans, once you see how easy we make these loans work for you, there is no doubt that on your next deal you will think is City Capital Realty.Weather your seeking for a commercial real estate loans , hard money loans or SBA business loan we are actively funding different type of loans for your investment properties. We will give you a decision on your loan within a few days.
|• Rate as low as 8.00%||• 30 Years fully amortized loan|
|• Up to 70 % LTV||• $250,000 to $5,000,000|
|• Option 3 year fixed rate loan||• No tax return|
|• Impounds account||• Fico score 700|
|• First lien position||• 3 year pre-payment|
|• Appraisal required||• Foreign Investor 50% LTV|
These investment properties include single family homes, condominium, town homes and 2-4 unit apartment buildings. As long as the property is non-owner occupied, and is used for investment purposes, City Capital Realty can provide a loan for your project. Maximum loan amount is $750,000 on Single family resident and $2,000,000 on 2-4 unit buildings with up to 70.00% LTV.
City Capital Realty Traditional I program extends to multi-family (5+ units) and mixed-use buildings. Maximum loan amount is $5,000,000 with LTV up to 70%.
Hard money loans is a type of loan financing in which a borrower receives funds secured by the value of a real estate property. Hard money loans are most often arranged by private investors or financial institutions. hard money loans interest rates are higher than residential property loans or conventional commercial real estate loans because of the additional risk undertaken by the lender.
Most hard money loans are used for existing income-producing properties and are short-term in nature due to the fact that most lenders are reluctant to incur higher than normal interest rates over an extended period of time. In this sense, hard money loans are similar to bridge loans, the main difference being that a bridge loan usually involves a real estate property that may be in escrow and for which the borrower does not have enough time to approach and secure financing from conventional banks.
This important question is one that California real property purchasers ask their real estate, escrow and title professionals every day. Unfortunately, although these professionals may identify the many methods of owning property, they may not recommend a specific form of ownership, as doing so would constitute practicing law.
Because real property has become increasingly more valuable, the question of how parties take ownership of their property has gained greater importance. The form of ownership taken - the vesting of title - will determine who may sign various documents involving the property, and future rights of the parties to the transaction. These rights involve such matters as: real property taxes, income taxes, inheritance and gift taxes, transfer ability of title and exposure to creditor's claims. Also, how title is vested can have significant probate implications in the event of death.
We offer hard money loans with minimal documentation. If you have at least 30% down for a purchase, we can get your loan approved. City Capital Realty does loans the others can't!
City Capital Realty administers no income documentation for rate and term, purchase, and cash out refinances—although usually not including rural areas and large acreage lands. City Capital Realty offers Stated Income Loan options specifically for people who own and occupy their homes and for those looking to acquire investment loans.