Hard Money Home Loan Lenders

At Bankers Group our goal is to provide a full range of options to our clients.

What is a hard money loan?

Mortgage loans that are made to borrowers who have significantly adverse credit are hard money loans. Such loans usually are made by funding companies or private investors. And, a hard money loan can be a non-conventional real estate loan based on real estate equity thereby side-stepping a major part of the verification a Federally-insured bank requires to lend the same amount of money. Hard money loans are collateralized by real estate, have higher interest rates and lower LTV’s (loan-to-value ratios) and are common because the lender is not backed by a government institution, unlike mortgages given by banks.

Who are hard money home loans ideal for?

Hard money real estate loans are ideal for borrowers who are unable to obtain funding through a conventional source.

Bad credit lenders often provide construction loans, real estate loans, bridge loans and home mortgage loans and commercial real estate loans more rapidly than traditional mortgage lenders.

Bankers Group: Mortgage Brokers

If you have a legitimate need and sufficient equity in your property we can help you. We respond to hard money loan requests with integrity and in a timely and professional manner.

When time is of the essence, we can move quickly to meet your time frame. We are a no nonsense, no frills, get it done company, offering every type of option you may require.

California Hard Money Lenders:

We specialize in hard money loans in Woodland Hills, Santa Monica, Topanga, Malibu, Pacific Palisades and the greater Los Angeles area.

Let Us Serve You

Mortgage lenders are primarily concerned with your ability to repay the loan. They’ll consider your credit history, your monthly gross income and how much cash you’ll be able to accumulate for a down payment.

So how much house can you afford? To know that, you need to understand a concept called “debt-to-income ratios.”

 As brokers, we arrange transactions rather than lending money directly. We find a lender for you.

Our access to several lenders translates to a wider selection of loan products and terms from which you can choose. 

Shopping, comparing, and finding your way to Bankers Group may have saved you thousands of dollars. 

Loans secured by government sponsored entities (GSE’s) such as Fannie Mae and Freddie Mac are conventional loans. You can purchase or refinance using conventional loans for first and second mortgages on single family to four family homes.

For a quote or loan application package call us at 818-226-6100.

Pre-Qualify

We’ll ask about your personal info: your name, contact info and about anyone listed on the loan. Your desired location. Your income info: We’ll need to know details about your income and employment. Your assets and debts: your assets (checking and savings accounts or property) and debt you’re carrying (credit cards, car loans, student loans, other mortgages). We’ll check your credit to give you an accurate interest rate.

Bankers Group has been in business since 1980 and our staff represents over 100 years of experience in the mortgage lending and real estate industry. We have assisted thousands of customers and financed millions in purchasing or refinancing of new or existing homes in greater Los Angeles area. 

Maybe you were searching the Internet for a way to refinance your existing los angeles county home loan. Because refinancing involves many of the same steps you followed to get your current mortgage, the refi road may seem familiar. You may, however, face a few additional steps and different types of expenses.