Hard Money Lenders West Hollywood, CA
We are California licensed private hard money lenders with more than 30 years of combined experience providing hard money loands in West Hollywood. By drawing funds directly from our own cash reserves, we can help you to drastically reduce waiting time so that you can move on that valuable property right away.
How are West Hollywood hard money loans structured?
Hard money loans are designed to get you the money you need as quickly as possible. Unlike traditional bank loans, there is no need to wait for approval or work with a middle man who can slow down the process. At Lantzman Lending we understand how important it is to move quickly when you want to close a real estate deal and that’s why we provide some of the most fair, cost effective hard money loan terms you’ll find anywhere. Our loans are designed to optimize speed and get you the funding you need now.
We work with you to tailor your loan to your individual needs, whether you’re looking for commercial hard money loans or loans for fix and flip properties, but here’s what you can generally expect when you secure a hard money loan from Lantzman Lending in West Hollywood:
- 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
Home to the famous Sunset Strip and many landmark properties, West Hollywood is one of the most prominent villages in the country. There are plenty of opportunities here for both residential and commercial real estate investors. Securing your niche in the unique and pricey real estate market here can be challenging, but Lantzman Lending has the experience you need to help make the loan process easier. We can give you the confidence to stay in control of your finances and secure the funding you need for refinance, commercial or construction hard money loans. At Lantzman Lending we make it easier to secure a loan without a complicated approval process, so you can make your real estate dreams come true.
Our Easy 4-Step Process
How can I get approved for a West Hollywood hard money loan?
The approval process is usually the most difficult part of securing a traditional loan and when you need money fast that can be a real problem. With private money lenders like Lantzman Lending, your path to approval is much easier. Just fill out our online preapproval application and you’ll get a response within 24 hours.
Our average closing time on loans is 5 to 7 business days and if we have all of your documentation, we may even be able to close in as little as 3 days. We’ll go the extra mile to accommodate any special requirements and we guarantee that each loan will get the individual attention it deserves.
Of course, expediting your loan as quickly as possible is always our ultimate goal and we can make that happen because we are able to focus primarily on the strength of the loan itself rather than your financial history. That’s why issues such as limited income, low credit score, past foreclosures or bankruptcies won’t prevent you from securing hard money loans from Lantzman Lending.
What kind of loans are available in West Hollywood?
There are a wide variety of properties available in West Hollywood, from residential units to commercial buildings, and with this in mind Lantzman Lending offers an equally wide selection of 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 West Hollywood?
The average hard money loan amount in West Hollywood is $318,470, although specific loan amounts can vary from one case to another and usually depend on the lender you choose. At Lantzman Lending we realize that securing a real estate deal in West Hollywood can be quite costly and that’s why we offer competitive rates on all of our hard money loans. Our goal is to help you make a competitive offer on the property you’re interested in so we’ll do everything we can to get you the money you need on terms you can live with.
Will a low credit score prevent me from getting a hard money loan in West Hollywood?
A low credit score can often be the biggest stumbling block when it comes to securing a traditional loan, but that won’t be a problem when you deal with Lantzman Lending. As private money lenders, we make the process much easier with no minimum credit requirements or income threshold requirements.
That’s the major difference with hard money lenders; we take the focus off your financial history, so there are no intrusive and time consuming credit checks. Your loan is entirely dependent on the collateral you provide, including the property itself, retirement accounts, home equity or even cash.
With a median home price of about $1,084,443, securing the necessary funding for a real estate deal in West Hollywood can be critical. When you need the flexibility to move quickly on a real estate deal, you need Lantzman Lending on your side. We’re the hard money lenders West Hollywood has been counting on for more than 30 years and we’re ready to help you get the loan you need with quick approval regardless of your credit score.
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 West Hollywood, 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 West Hollywood, CA