Madera: private hard money loanMadera is a city based in California has a population of 64,400. Madera has an aggregate area of 15.79 square miles. The weather temperatures, on the other hand, oscillate between a high point of 96.8° F in July with a low point of 37.40° F in January. Hence, of the total housing units, which is around 27,500, the owner-occupied housing unit is around 47%. On the contrary, the renter-occupied housing unit is estimated to be 53%. The median household income of the city is about $40,000 with the average home value being around $165,600. The median age of the population in Madera is approximately 28. There are around 30,780 male residents and 32,825 female residents living in the city of Madera.

Madera is the nice and good place to live in. It is relatively small but has a unique charm to it. Madera has its ups and downs but Madera is a great place to live. Plenty of opportunities to do a lot of different things such as school and jobs. The county has lots of programs for work and ways to help with paying for school for our low-income families. There is also public housing places that can help out low-income families get into houses and apartments.

Services We Provide in Merced

Whether you are looking for a property to purchase or refinance, we can help you find a program suitable for your needs. There are several loan options to choose from, which include the following:

Home Loans

  • FHA home loans make it easier for a borrower to qualify for a loan and make a small down payment.
  • Conforming loans, the largest segment of loans in the country, must adhere to the guidelines and significant loan limits set by Fannie Mae and Freddie Mac.
  • Conventional loans are safe loans that differ from other government regulated loans. They are designed to meet the needs of borrowers with good credit.
  • Manufactured home loans are excellent for individuals with an imperfect financial history who dream of home ownership.
  • High balance loans are loans that exceed conforming loan limits for borrowers living in expensive regions of the country.
  • Jumbo home loans make it possible for the borrower to buy an expensive home because they allow the borrower to get large loan balances.
  • Stated Income Loan requires the borrower to state her monthly income on a mortgage application.
  • Private hard money lenders secure these asset based loans by the strength of the purchased real estate more than the borrower’s financial credit.
  • Stand-alone second (2 lien) loans are additional loans that a borrower takes out against his house despite already having a first mortgage. He usually takes this loan out to access cash.

Merced: private hard money loan

Other Loans

  • In all, multifamily and apartment loans are financing options used to purchase or renovate a multifamily dwelling unit or an apartment building, respectively.
  • Commercial loans are used to finance the growth of their companies consisting of purchasing properties or constructing properties. Simply put, these loans are used to help payoff expensive necessities to start and operate a new business.
  • Mixed use properties consist of multiple units zoned for different purposes such as commercial, residential, industrial, institutional, and even cultural. Mixed use property loans are financing options to help finance mixed use buildings between business owners and financial institutions.

Our company also offers our clients services such as downpayment assistance programadjusted-rate mortgage, and refinancing. To receive more information, contact us today at (818) 322-5626.