California Hard Money: Crawford Park Financial

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California Hard Money: Crawford Park Financial. Despite banking, housing, and unemployment fiascos across America, funding for your real estate investment is still easily available through California hard money loans and Crawford Park Financial.

These loans are based on the equity in your property and can be funded quickly. In fact, in many cases, a California hard loan can be delivered to the borrower in a week.

The process for obtaining a California hard money loan is relatively simple. Since the loan is asset-based, the application process centers around the property securing the loan.

Therefore, the first step is to give us a call. We’ll chat about the property and its location. If it is a good candidate for California hard loans, we’ll invite you to e-mail in photos of the property, a 1003, and an appraisal (if you have one).

Once we’ve received the needed materials to “package” your hard money loan, we’ll begin presenting it to investors.

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Investors in California hard money loans are individuals and businesses that supply the funding for your California hard money loan.

Once a private investor is interested in your California hard money loan, we’ll give you a call with the terms.

Usually, the rates range from 9%-12% with terms spanning 1 to 5 years based on the LTV (Loan-To-Value) of the property and the borrower’s ability to repay the California hard money loan.

Once the borrower agrees to the terms of the California hard money loan, we will draw up and deliver all of the legal loan documents to the borrower (or the borrower’s agent).

Ideally, the borrower would sign the documents the same day and return them to our Beverly Hills office.

If everything is in order, the investor will wire the California hard money loan to the borrower’s bank account. It’s that simple with Crawford Park Financial, Inc. (*)