Irvine, a meticulously master-planned city in California, has attracted over 200,000 residents, major corporations, and prominent colleges. However, the detailed planning that went into establishing Irvine in the 1960s did not extend to the financial arrangements for investors in its industrial, commercial, mixed-use, or residential property markets. Consequently, many first or second lien loans suffer from poor credit observance, negatively impacting FICO scores and limiting leverage in current real estate opportunities.
Credit breakdowns present openings for hard money lenders like Private Money Lenders, Inc., a Californian company providing equity-based lending for real estate properties. Irvine residents, even those with poor credit backgrounds, can rely on us for bridge loans, long-term private financing, private money loans, and investor loans. Our team of agents is well-versed in loan securitization and adept at navigating the challenges faced by individuals, partnerships, trusts, corporations, LLCs, estates, and foreign nationals.
We prioritize determining the equity value in real estate, allowing us to overcome most credit obstacles and offer highly competitive interest rates. Our clients appreciate our transparency, as we address the small print as thoroughly as the main terms of the loan agreement. We work quickly and efficiently to close deals and ensure that loan redemption fits within the client’s comfort zone. Whether the loan is $50,000 or $2 million, every client receives the full benefit of our substantial in-house resources and experience.
Private Money Lenders, Inc. is willing to step outside traditional lending boxes to support our clients. For example, when equity in the asset is insufficient, we employ cross-collateralization, which has proven effective for many marginal clients. Additionally, we are active in refinancing business loans with no cash-out limitation, addressing rising interest rates and other client concerns. Our commitment has built strong client loyalty throughout Irvine and California, making it difficult for other hard money lenders to compete.
The borrowing landscape for Irvine real estate is evolving into a well-organized master plan, much like the city itself. With Private Money Lenders, Inc. involved, the process is methodical, reliable, streamlined, and professional. As a result, more Irvine residents can confidently move forward in the real estate market, whether in Irvine or anywhere in California.