Hard Money Loans – California
Online mortgage lenders offer hard money loans to California applicants seeking sub-prime refinancing for credit scores below 500 fico. Mortgage Loan Outlet.com is an online marketplace, where mortgage lenders offer wholesale interest rates to homeowners with all types of credit. If you have less than perfect credit, and your fico credit scores are 499 or below, then a “hard money” loan is your best option for financing cash or refinancing your home. The key for hard money loan is equity. If you are under 80% loan to value then it is time to apply for some bad credit financing. Mortgage Loan Outlet works with nearly 70 lenders from California who provide hard money financing for real estate transactions. You can get a first or second mortgage, depending on your loan to value.
Our mortgage lenders and brokers guarantee rates for neg am loans starting at 1.25% for refinance or purchase loan amounts up to $1,800,000. With loan programs for all types of credit you can't afford not visiting the Mortgage Loan Outlet.com.
Check these Counties for Hard Money Loan Availability: San Diego, Orange County, Riverside, Los Angeles, Ventura, Santa Barbara, San Luis Obispo, Monterey, Oakland, San Francisco, Sacramento, Bakersfield
You can refinance at today's low rates, consolidate high interest credit card bills, make home improvements, & take out some extra cash, as well.
- No Credit Score Required
- Bad Credit OK
- Bankruptcy OK
Fixed Rate Mortgage Refinance
Fixed interest rates for the life of the loan.
Terms offered: 15,20, 30, 40 50 Year Fixed
Adjustable Rate Refinance
These are adjustable interest loans vary according to the margin and index.
Terms offered: 2/28, 3/1, 5/1, 7/1, 10/1
Available Index: LIBOR, MTA, COFI, CODI, COSI
Negative Amortization Loans
These are unique loans that offer 3 payment options: Fixed, Interest Only or Neg Am
Terms offered: 30 or 40 years
Available Index: LIBOR, MTA, COFI, CODI, COSI
Interest Only Mortgage
These are adjustable or fixed loans that allow you to make a payment that just covers the interest each month.
Terms offered: 2/28, 3/1, 5/1, 7/1, 10/1
Second Mortgage
Fixed interest rates for the life of the loan.
Terms offered: 15,20, 25, 30, Year Fixed or Home Equity Line of Credit
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