Hard Money Lenders El Cajon, CA
We are California licensed private hard money lenders with over 30 years of combined experience providing hard money loans in El Cajon. Lantzman Lending can help you secure the funding you need as quickly as possible from our own cash reserves with no need to deal with a middle man.
How are El Cajon hard money loans structured?
Closing on a real estate deal means having the ability to move as quickly as possible and Lantzman Lending understands that need. We’ve made it our business to provide some of the most fair, cost effective hard money loans available today. With the ability to draw from our own funds and no need for time consuming credit checks, we can streamline the process so you have the freedom to move quickly and get ahead of the competition.
Of course, no two customers are identical and neither are our loans. Refinancing, construction or commercial hard money loans are all tailored to meet your specific needs, but here are some general conditions you can expect with every loan from Lantzman Lending:
- Financing that ranges from $50,000 up to $3,000,000+
- Up to 65-70% ARV; Up to 85% Acquisition + 100% Rehab
- First position loans for non owner occupied (NOO) properties only
- 6-24 month terms (longer terms considered on a case by case basis)
- Interest rate from 7.99%
- Loan origination fees vary depending on length of term
- No prepayment penalties
Spanish for “the box”, El Cajon takes its name from the original homestead Rancho El Cajon, which was situated in a box-shaped valley just east of downtown San Diego. From the start it was an agricultural community and today it remains a hardworking rural community.
Commercial and construction hard money loans are one of the most effective tools that real estate investors can use in order to find success in the market here. In order to secure the loan you need, you need a company that understands the intricacies of the market and there are no more experienced private money lenders than Lantzman Lending.
Our Easy 4-Step Process
How can I get approved for an El Cajon hard money loan?
Getting approved for a traditional loan can be a real headache, but Lantzman Lending can help to reduce that pain with an application process specifically designed to be as quick and easy as possible. All you have to do is fill out our online preapproval application and we’ll give you a response within 24 hours.
Our average closing time is just 5 to 7 business days but if we have all of your documentation up front we may be able to close in as little as 3 days. We handle each loan on a case by case basis doing everything we can to accommodate special requirements.
While each loan is unique, the one thing they all have in common is the need to get funding to you as quickly as possible and at Lantzman Lending we do that by focusing on the strength of the loan and the collateral you provide rather than your financial history.
For this reason limited income, low credit score, past foreclosures or bankruptcies will never stand in your way when you work with us. As private money lenders, we can make the approval process much smoother and easier no matter what your circumstances.
What kind of loans are available in El Cajon?
Lantzman Lending offers a wide range of loans for properties in El Cajon, from fix and flip to construction hard money loans, including:
Fix and flip properties or rehab: single family, multiplexes, condominiums or apartments
Commercial: multi-family units, office spaces, industrial zones, hotels, motels or restaurants
Probate, Trust & Estate
What is the cost of a hard money loan in Garden Grove?
The average hard money loan amount in Garden Grove is about $334,000, though specific amounts can vary from one case to another and may depend heavily on the lender. At Lantzman Lending we are dedicated to offering affordable rates on all of our hard money loans so that our customers can move quickly in the competitive Garden Grove real estate market. We’ll do everything we can to get you the money you need to close your deal so that you don’t have to lose out.
Will a low credit score prevent me from getting a hard money loan in Garden Grove?
There’s no denying the impact of a low credit score when it comes to securing traditional bank loans but your credit history won’t be an issue with a direct hard money loan from Lantzman Lending. We have no minimum credit requirements or income threshold requirements so nothing will stand in your way. You’ll have all the funding you need as quickly as possible so you can move fast and close that real estate deal.
The difference private money lenders make is a real one. We can cut to the chase by putting the focus on your collateral, including property, retirement accounts, home equity or even cash. Unlike traditional lenders, we don’t focus on your financial history so there’s no need for intrusive credit and background checks and the approval process is much easier. And since we draw from our own cash reserves, we avoid the need for a middle man, which can add unnecessary complications to the process.
With a median home price of about $939,000 Garden Grove is an attractive market for wealthy buyers. In order to get in on that market an investor needs plenty of capital in a short amount of time. There’s no time to wait through a long and complicated approval process or get hung up because of a low credit score. Lantzman Lending stands out among private money lenders in Garden Grove because we’re prepared to provide the financing you need without the added stress.
Lantzman Lending offers the following loans to real estate investors:
Would you like to have more information about our loans?
Need Help With A Hard Money Loan? Let Us Know.
Recently Funded Deals in El Cajon, CA
We think our investors did a fantastic design on this remodel in Los Angeles. What an incredible transformation by our borrowers on this Mid Century gem. They received multiple offers in less than a week. Lantzman Lending provided a $980k loan and it sold for $1.495M after renovations!
Take a look at this unique Fix and Flip in Los Angeles, California. This 4 bedroom, 3 bath home has been fully remodeled and sits near the heart of Culver City. Purchase Price: $950,000 | Loan: $945,000 | Sale Price: $1,4000,000
This Los Angeles, CA Fix and Flip was purchased for $520,000. We funded a loan of $400,000 which included 100% of the repair costs. Our Borrower remodeled and resold the property for $680,000.
This Los Angeles, CA Fix and Flip was purchased for $541,000. We funded a loan of $482,000 which included 100% of the repair costs. Our Borrower remodeled and resold the property for $848,000
We’ve built a reputation for reliable, competitive and consistent service, as reflected by regular four and five star reviews at Google and Yelp. We’re proud of that record and continually work to be a name you can trust when it comes to hard money loans. With quick turnaround times and quality service Lantzman Lending can help you get your real estate investing dreams off the ground and soaring towards the good life in El Cajon, CA