Private hard money home loans

Private Hard Money Loans In California: 3CALOAN

Private hard money home loans are issued by a non-institutional individual to borrowers. The home loan comes secured on the basis of a note and deed to Private Hard Money Loanstrust for a real estate transaction. Private money lenders typically have some type of relationship with the borrower as opposed to private hard money home loans. Private hard money home loans are short-term loans secured by real estate. They are usually a 12-month term loan, but they can extend from 2 to 5 years as well.

Why Do Private Hard Money Home Loans Close Faster?

You will love the private hard money home loans because they close faster than any other home loan. If your home loan closes faster than there will be a better chance of beating out your all competition and also getting the property which you want to buy. Generally private hard money lenders will close your home loan faster due to some of the factors that are given below:

Asset-Based Lending

Generally private hard money home loans lenders don’t care about the credit history or any bumps that can damage your credit score, they only focus on the deal in their hand. Due to this, private hard money lenders save time to not dig into the borrower background to analyze the financial history. They don’t care about the credit card payments which you have done or not in the past or any other mistake by you which can damage your financial health. So in this way lenders are able to do closing faster than the other home loans.


When you will apply for a Private hard money home loans there is very less paperwork as compared to other home loans. For getting approved for this home loan you don’t need to show your paystub for income verification neither credit history for getting a credit score. So, this means you don’t have to complete as much paperwork as you would with a traditional loan. This saves you weeks and you get property much faster.


Private hard money home loans lenders approval process is significantly shorter than the bank process. You will deal with only one person throughout the loan process and that person will almost always available for you. Private hard money loan lenders have the ability to close loans faster and sometimes in as little as 24 hours.

Final Thoughts

Contact us if you would like more information on hard money and private lending. 3CALoan local mortgage broker also provides no tax return home loan which is also called no tax return, without tax return, private hard money home loan, private hard money loan, bank statement home loan, bank statement loan, equity loan and many more. For the down payments and interest rates, hard money loans are completely different from other home loans. People like real estate developers, house flippers, builders, and contractors are commonly found opting for this type of home loan. Our goal is to provide opportunities for people to meet their financial goals through alternative financing options. We can help and guide you through the process. Feel free to contact us at (818) 322-5626 or (818) 3CA-Loan today! We will run you through the details of home loans and hold your hand throughout the process.

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