Private Money Loans
We are Lantzman Lending, Palm Springs/Palm Desert hard money lenders with over 30 years of direct private money lending experience. We offer fast, reliable financing to a wide variety of real estate investors by tailoring loan programs to your specific needs. Our private loan rates start as low as 8% and can close within just 3 days.
No matter what type of real estate you are investing in, we have a loan product to match. Whether you hold title in a company entity (LLC, Corp, Trust, etc.) or personally, our experienced team is ready to handle all transaction types. And since we are true asset based lenders, we only require a one-page application to get started and send you a quote within 24 hours.
Direct Private Loans in Palm Springs/Palm Desert
With a unique desert landscape and cultural history, the Palms Springs/Palm Desert area has long been a draw for everyone from the rich and famous to the tourist industry. The warm year round climate draws snowbirds eager to beat the chill and the area’s many annual cultural events bring enthusiastic visitors. From the Agua Caliente Cultural Museum to Living Desert Zoo and Gardens to sports venues and incredible shopping centers, there’s so much to enjoy in Southern California’s desert oasis.
While there’s a lot that makes this an ideal attraction for tourists, there are also plenty of people who choose to make the Palm Springs/Palm Desert area their home. The real estate market is on the rise in both cities according to Zillow, with home values increasing by more than 3.0% over the last year in both locations. Currently the median home value is $431,118 in Palm Springs and $364,154 in Palm Desert. While Palm Springs continues to be an enclave for the wealthy, there is also a healthy rental niche and rentals are an even bigger part of the market in Palm Desert, where the median rent price is $3,600.
All of this means that the Palm Springs/Palm Desert area has a potentially lucrative real estate market, but tapping into that market can create a need to acquire financing in a hurry. That’s where Lantzman Lending can make a difference. We’ve been working in the Palm Springs/Palm Desert area for over 30 years so we know what it takes to make your investment pay off and we’re ready to help you secure the loan you need as quickly as possible. As direct hard money lenders with our own cash resources we’re uniquely prepared to get your application turned around with a minimal waiting period to help you get the best return on your real estate investment.
When you’re dealing with an area as enticing as Palm Springs/Palm Desert, getting ahead of the curve can be particularly important, especially with such a competitive rental market. Lantzman Lending offers a wide range of loans, including hard money construction loans, commercial loans and loans for fix & flip properties to help you take advantage of everything the market has to offer. We’ll work with you to help you get the money you need right when you need it because we know that in real estate it pays to strike while the iron is hot.
Lantzman Lending offers the following loans to real estate investors:
Our Easy 4-Step Process
Financing When You Need It
As hard money lenders, we’re prepared to act quickly. We’ll give you a quote within 24 hours of making a request and do everything we can to complete your transaction in as little as three days once we have all of the necessary documentation. That’s what makes us stand out in the competitive Palm Springs/Palm Desert real estate market.
We know that timing can be especially important when commercial properties are involved, which is why we offer hard money loans for fix & flip, construction, refinances and commercial loans without the lengthy approval process. We’re asset based lenders providing loans in CA, NV, TX and AZ with funding of up to 65% of the after repair value on fix and flips and 65% of current value on most other loan scenarios.
Bridge Loans in Palm Springs/Palm Desert to Help You Over The Gap
One of the more common applications of hard money is for a bridge loan and Lantzman Lending is ready to assist you here too. We know that the real estate market can be difficult to navigate and securing a long term loan can be a time consuming process. That’s why we’re prepared to offer short term loans with a guaranteed quick turnaround so you can get the financing you need to help secure your purchase now.
It’s not surprising that Lantzman Lending has earned top reviews at Yelp and Google. We take great pride in our reputation for being reliable, competitive and consistent and we always put our clients’ interests first. Our goal is to help you make your dream of desert living come true…that’s why we’re ready to provide the hard money loans you need with a quick quote and fair rates. That way you can find out exactly what makes the Palm Springs/Palm Desert area such an amazing oasis.
Would you like to have more information about our loans?
Need Help With A Hard Money Loan? Let Us Know.
Recently Funded Loans in Palm Springs/Palm Desert
This Palms Springs, CA Fix and Flip was purchased for $650,000. We funded a loan of $665,000 which included 100% of the repair cost. Our Borrower remodeled and resold the property for $1,249,900.
This Palm Springs, CA Fix and Flip was purchased for $650,000. We funded an acquisition loan of $450,000. Our Borrower plans to expand the footprint and completely remodel and resell the property.