Inglewood Hard Money Lenders

LBC Capital is excited to announce that we are now offering hard money loans in Inglewood! As a leading provider of private money loans, we are committed to helping our clients secure the financing they need to achieve their real estate goals. Whether you're looking to purchase a fix-and-flip property or finance a new construction project, our team of experienced loan officers can help you get the funding you need. We offer competitive rates and terms, and our loans can be used for a variety of purposes. If you're interested in learning more about our hard money loans in Inglewood, contact us today! We look forward to helping you reach your real estate goals.

LBC Capital Now Offers Hard Money Loans In Inglewood

As a local Inglewood hard money lender, we offer loans that are backed by the value of your property, not your credit score. This means that even if you have bad credit, you can still qualify for a loan from us.

We understand that Inglewood residents may have difficulty qualifying for traditional loans from banks or credit unions. That's why we're here to help! We offer competitive rates and terms on our loans, and we work with each borrower on an individual basis to ensure that they get the loan that best meets their needs.

If you're interested in learning more about our hard money loans, please contact us today! We look forward to helping you get the financing you need.

Ho Do Hard Money Loans Work In Inglewood?

Hard money loans are a type of financing that is based on the value of the property, not the creditworthiness of the borrower. This makes them a good option for borrowers who may not qualify for traditional loans.

Hard money loans are typically shorter-term loans, with terms of 6 months to 2 years. They also have higher interest rates than traditional loans, and are often used for investment properties or other high-risk ventures.

To apply for a hard money loan from LBC Capital, you will need to fill out an application and provide documentation about the property you are looking to purchase. LBC Capital will then appraise the property and determine whether or not to approve the loan.

If you are approved for a hard money loan, you will be required to put down a percentage of the total loan amount as collateral. This is known as a "hard money down payment." The amount of the down payment will vary depending on the lender, but it is typically around 20% of the total loan amount.

Once you have been approved for a loan and have made your down payment, you will be able to start using the funds from your loan. 

Who Is Eligible For A Hard Money Loan?

If you're considering a hard money loan from LBC Capital, here's what you need to know about eligibility. First and foremost, hard money loans are typically only available to borrowers with significant equity in their property. If you don't have enough equity, you may not be able to get a hard money loan.

Keep in mind that hard money loans are usually only available for investment properties. So if you're looking for a loan to finance your primary residence, we might help you too depending on loan scenario.

If you meet all of the above criteria, then you should be eligible for a hard money loan from LBC Capital. Contact us today to learn more about our rates and terms.

Applying Process For A Hard Money Loan In Inglewood

If you're interested in applying for a loan from LBC Capital, there are a few things you'll need to do. First, you'll need to fill out an application. You can find the application on our website or you can request one from one of our loan officers. Once you've completed the application, you'll need to submit it along with any supporting documentation to our office. We'll review your application and get back to you as soon as possible.

In order to qualify for an Inglewood hard money loan from LBC Capital, you must have some equity in your property. The amount of equity required will vary depending on the type of loan you're applying for. 

Once we've approved your loan, we'll work with you to determine the best way to get the funds to you. If you have any questions about the loan process or how to apply for a loan from LBC Capital, please don't hesitate to fill out contact form below to request free consultation. We're here to help!