New Hard Money Lender - The Boyd Capital Group

Hard Money Commercial Loans The Boyd Capital Group makes loans on all commercial property types: Apartments ♦ Office ♦ Industrial ♦ Mixed Use ♦ Retail Strip & Shopping Centers ♦ Hospitality ♦ Religious Institutions
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Hard Money Lender


Los Angeles - California - US

March 2, 2013 - PRLog -- General Lending Terms for California Hard Money Lenders
If you are interested in securing hard money loans in California, then you need to first understand more about how it works. Below you willl find a description of what you can expect when you work with a well-established, large lender like the Boyd Capital Group.

They require down-payments starting at 20%. Most people who are seeking loans in California will need to apply a 25% to 30% down payment. However, some California loans may require 35% to 40%, depending on the amount of the loan, the condition of the property and other factors.

They set their LTV at around 60%. The LTV is the loan-to-value ratio, which the amount of financing California lenders will extend to you in relation to the value of the property. As an example, if a property is worth $200,000, then you could get a loan in California worth 60% of the value, which is $120,000.

They require property inspections. As such, hard money lenders in California do not take your personal credit history into account when making financing decisions. However, they do need to inspect both the interior and exterior of the property before they can deploy it in California. And that means that if you are purchasing a property in California, then you need to work with California lenders.

They have limits on who can borrow money and this is only available to real estate professionals who are buying certain types of investment properties, such as:

Single family homes

Small multi-family homes


Town homes
And similar properties.

Specialty financing companies like the Boyd Capital Group generally do not make it available to those who are purchasing:
 Vacant land

Vacant platted plots

Mobile homes

Large multi-family properties

Construction projects (including partially constructed properties).
Repair and improvement loans (except in specific cases where the repair or improvement draw is made as part of the overall hard money loan in California.

However, please be aware that you need to do your part to ensure the application for your loan gets approved as quickly as possible. This means you should thoroughly check your loan application for accuracy, as any error will cause a delay.

Naturally, the above terms are just general guidelines. Before you submit an application for hard money loans in California, you should read the terms and policies carefully as outlined on your California hard money lenders website.

About the AuthorAre you looking for applying hard money loans in California? Consider Boyd Capital Group ( for your hard money requirements. Make a property investment with the help of their California hard money loans services. For more information please visit
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Tags:Hard Money Lender
Industry:Mortgage, Finance
Location:Los Angeles - California - United States
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