Bakersfield, California, is synonymous with oil and agriculture, serving as a hub for these industries. With a population exceeding 400,000, it is a regionally significant city with a dynamic real estate market. Private Money Lenders Inc. seamlessly fits into Bakersfield, offering tailored loan structures for industrial, commercial, mixed-use, and residential properties.
Being a premier hard money lender in a large city like Bakersfield presents challenges, notably the prevalence of potential property investors with FICO blemishes and challenging credit histories. This issue spans individuals, partnerships, trusts, corporations, LLCs, estates, and foreign nationals. We are equipped to navigate various loan obstacles for any client type.
Private Money Lenders Inc. leads in Bakersfield and other major California cities due to our team’s expertise. We have repeatedly resolved first and second lien loan issues that typically halt applications. Our team excels in securing bridge loans, long-term private financing, private money loans, and investor loans. Additionally, we assist businesses in refinancing with no cash-out limits, crucial in today’s fluctuating interest rate environment.
Our formula is simple: identify equity in the property asset, regardless of size, and make it work for the client. If necessary, we employ cross-collateralization, a proven alternative in California real estate. Our goal is to secure competitive rate loans with friendly terms and no hidden surprises. Transparency and honesty have earned us long-term clients for loans ranging from $50,000 to $2 million. We overcome traditional credit hurdles and provide a seamless, efficient process.
Once the groundwork is laid, we establish a repayment schedule that allows clients to comfortably redeem the loan and pay interest over an agreed period. As a hard money lender, we operate swiftly, reliably, and with minimal deviations, maintaining a competitive edge from every angle.