California Hard Money Lender Thrives Across the State

WALNUT CREEK, Calif. - Aug. 27, 2013 - PRLog -- Residents in need of a California hard money lender are in luck. With the real estate market on the upswing in places like Los Angeles, hard money loans are more useful than ever. Many investors are looking to leverage their existing capital to increase their holdings and/or take advantage of the double-digit appreciation rates. With the services offered via loansforcaliforniahomes.com, investors can explore creative and exciting ways to leverage their existing cash and/or property to increase their real estate holdings.

Chris Goulart and his company have been closing creative and aggressive hard money loans in California steadily and efficiently for years, and lately have done so for fix and flip real estate investors. These California rehab loans are based on the completed or after-repair value of property and can be used for deals ranging from ground-up construction, to construction completion, to major rehab, all the way down to minor rehab deals needing only paint and carpet.

This is a California hard money lender that offers a high level of customer service and unique loan products that the banks do not. In addition, the company has flexibility on their structure of loans that competitors do not. The California loans are made based on the after repair (ARV) or as complete value of a property rather than the purchase price. They include a fund control account for the work to be done from which the borrower can take draws to the work that is desired. These loans are typically short term, 9-18 months, are interest-only and have no prepayment penalty.

Chris Goulart and his company work exclusively in hard money and private money lending, and as such have built many relationships that other lenders simply don’t have. Established in San Francisco, this business is currently thriving in Los Angeles in terms of hard money loans, due largely in part to the 10 years that the company has spent specializing in hard money lending and nothing else. They are known for providing hard money loans for individuals who don’t qualify for a bank or institutional loan, or those who need to close more quickly than institutional lenders can close.

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