California Private Money Lending FAQs
Answers to Common Questions About Hard Money Loans
Learn about our loan programs, property eligibility, underwriting approach, and funding process for California real estate loans.
Private Money Lending FAQs
Loan Programs & Eligibility
What is a Private Money or Hard Money Loan?
A private money loan is real estate financing funded by private capital rather than traditional banks. Underwriting focuses heavily on property equity, collateral value, and the overall transaction. These loans can provide solutions when conventional financing is unavailable or timing is critical.
What Types of Loans Does TCF Fund?
We fund first and second trust deeds secured by California residential, multifamily, mixed-use, and commercial real estate. Financing is available for purchases, refinances, cash-out, bridge loans, and other eligible purposes. Owner-occupied properties may qualify for business-purpose financing.
What Loan Amounts Are Available?
We consider loans starting at approximately $50,000 and opportunities up to $10 million, depending on the collateral, leverage, and overall transaction.
Rates, Fees & Underwriting
How Are Interest Rates Determined?
Rates vary by transaction and are based on factors such as LTV, lien position, property type and condition, location, loan term, and exit strategy. We evaluate each scenario individually rather than relying on a rigid institutional pricing formula.
What Are Your Origination Fees?
Origination fees depend on the loan size, leverage, lien position, property type, complexity, and funding timeline. Applicable fees and terms are provided after reviewing the individual transaction.
Can I Qualify With Bad Credit, Bankruptcy or Foreclosure?
Yes, credit challenges, past bankruptcies, foreclosures, and short sales may be considered. A low credit score or prior financial hardship does not automatically disqualify a transaction. We consider property equity, borrower circumstances, loan purpose, and the proposed exit strategy.
Why Borrowers Choose Triple Crown Funding
Less Paperwork
Streamlined documentation focused on the deal and collateral rather than unnecessary red tape.
Flexible Underwriting
Equity-based, common-sense underwriting for unique properties and lending scenarios.
Quick Funding
Responsive decisions and efficient closings backed by direct access to private capital.
Have a Loan
Scenario?
Private money loans are highly scenario-specific.
To quickly evaluate a transaction, send us: