35 Years of Experience
Fast Approvals & Funding
Low Rates & Fees
Extremely Satisfied Clients
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Experienced California Hard Money Lenders

North Coast Financial is one of California’s most experienced direct hard money lenders (private money lenders) with over 35 years of hard money lending experience. We provide hard money loans for real estate investors (private money loans) and property owners through asset based lending for various real estate projects and transactions including single family residential, multi-family residential, commercial and land. Contact North Coast Financial now for a free consultation.

North Coast Financial is a private hard money lender whose owner/broker has funded over $785,000,000 in hard money real estate loans since 1981. North Coast Financial has many repeat real estate investors who continue to come back for hard money loans. Our repeat, satisfied customers are proof that we are a reputable and honest source for hard money real estate loans and one of the best hard money lenders in California.

Of Hard Money Loans Originated
0 Years
Hard Money Lending Experience

Hard Money Loans for Real Estate Investors and Property Owners

North Coast Financial offers a wide variety of hard money loans for various real estate projects and investments

What Clients are Saying about North Coast Financial

I’ve had the good fortune to work with the partners of North Coast Financial, Don Hensel and Dave Urbanski. So far they have funded over 20 loans for me and have never let me down. They have always done what they promised and have been there to close quickly when needed. I have and will continue to recommended their services to everyone I know!
Richard Mehren
I have been very impressed with the ease of transaction, the promptness of obtaining our pre-approval letter and loan, and the level of detail explaining the loan and loan process. Our agent even commented “that was the smoothest and quickest loan transaction I have seen in a long time”. Professional staff, same day responsiveness and excellent service. Highly recommended.
Sherry Brown
Worked with Don and Dave for the first time in May of 2015. I found working with them to be very professional and the process moved very quickly with no surprises. I would recommend North Coast Financial to anyone who is looking at “hard-money” loans and needs to work with a group that is honest, fast and reliable.
Mike Dendo, Affordable Investments, LLC
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Utilize North Coast Financial for all your Hard Money Lending Needs

Reliable & Flexible Funding for your Real Estate Investments & Transactions with Hard Money Loans

As a direct hard money lender and private money broker, North Coast Financial has multiple sources of capital to fund your loan request. Private money sources (information on trust deed investing) allow for more flexible and faster funding options than traditional means of capital such as banks and other institutional lenders.

We provide private, short-term hard money loans for real estate investors for various real estate transactions such as purchasing short sales, fix and flip loans, trustee sale refinances, REOs, real estate auctions that allow financing, private party transactions, probate and inheritance loans, residential construction loans, cash out refinance loans, hard money rehab loans, bridge loans and other investment and rental property loans.

North Coast Financial are primarily residential hard money lenders, but also fund commercial hard money loans. Hard money loan amounts available from North Coast Financial range from $25,000 on the low end to jumbo hard money mortgage loans in the millions of dollars. North Coast Financial is one of the few hard money lenders in California able to consider lending on hard money owner occupied loans.

Article: Beginner’s Guide to Hard Money Loans

Hard Money Loans Are a Better Option Than Friends and Family

When a real estate buyer needs funds for the purchase of an investment property, the first thought might be to borrow money from family and friends. Adding a business relationship to an existing family or friend relationship can cause friction and hard feelings for many years to come if the results of the real estate venture are not as expected. It should be pointed out that family and friends are not exempt from the increasingly regulated lending industry.

Using an experienced and qualified private hard money lender for a loan will exempt that loan from usury laws and it is much safer than trying to guess what documents and disclosures are required by state and federal laws. Even if someone wants to use a family member or friend as a lender, the services of a licensed hard money broker should be utilized to avoid numerous legal problems. Why Use Hard Money Lenders?

Hard Money Loans Are Less Expensive Than A Partner

When considering the alternatives for funding a real estate purchase, buyers may consider turning to a financial partner. While a partnership may work out well for the buyer, there are many pitfalls that can creep into any partnership, not to mention that the buyer may be giving up some decision making control. In addition, it is not uncommon for a financial partner to require payment of 50% of the profits when the property is sold. A better course of action usually would be to get financing from an experienced direct hard money lender and to retain 100% of the profits from the sale of the investment property.

Hard Money Loans for Real Estate Investors

North Coast Financial specializes in providing hard money loans for real estate investors all over California and San Diego County including La Jolla, Del Mar, Carmel Valley, Solana Beach, Encinitas, Pacific Beach, Mission Beach, Ocean Beach, Point Loma, Mission Valley, Downtown San Diego, Chula Vista, National City, Imperial Beach, El Cajon, La Mesa, Lakeside, San Carlos, Ramona, Lemon Grove, Santee, Alpine, Oceanside, Carlsbad, Vista, San Marcos, Escondido, Rancho Bernardo, Rancho Santa Fe, Rancho Penasquitos, Miramar, Mira Mesa, Clairemont, University City, Kearny Mesa, Sorrento Valley, City Heights, Hillcrest, Julian, Temecula, Palm Springs, Murrieta, Anaheim, Ontario and Long Beach. We also provide loans secured by properties in the counties of Riverside, Los Angeles, Ventura, Imperial, San Francisco and the Bay Area, San Bernardino and Orange County as well as other counties in the State of California.

*North Coast Financial will consider hard money mortgage loan requests throughout the country on a case by case basis. Minimum loan amount of $100,000 outside of California. Contact North Coast Financial now for more information.

Why Real Estate Investors Use Hard Money Lenders

Conventional lenders such as banks and credit unions can have a bad reputation for promising to fund a loan for a borrower and then back out during escrow. This usually happens once the conventional lender stumbles across some small detail they weren’t previously aware of. This leaves the real estate investor in a very difficult position as they do not have enough time to get approved for a new conventional loan. This is a perfect situation to utilize the services of a top-tier private hard money lender like North Coast Financial who can approve and fund hard money real estate loans within a week. If necessary, North Coast Financial can fund a loan within 3 days and save a deal from falling out of escrow. Short term hard money loans are the professional real estate investor’s choice when in need of funds.
Foreclosures, short sales, bad credit and bankruptcies are immediate red flags that will prevent a real estate investor from obtaining financing from a conventional lender. Regardless of the situation that caused these problems, banks will not lend to borrowers with these types of issues on their record for a specified amount of time. Hard money mortgage lenders can fund bad credit borrowers as hard money lenders are primarily concerned with the value of the property that will be securing the loan and the amount of equity the real estate investor has invested in the property.
Banks do not like lending to entities. They want an individual who will be personally responsible for paying off the loan. Because of this it can be very difficult to obtain financing from a conventional lender if the investor plans to take title in an entity. For many investors this drawback prevents them from taking advantage of certain tax and asset protection strategies. With private money lenders, taking title in an entity is not a problem.
Conventional lenders don’t like dealing with self-employed borrowers. They prefer to work with a borrower who collects a regular paycheck from a corporation. They also want to see that the borrower has a stable employment history and has been in their current position for at least 2 years. Full-time real estate investors are generally self-employed and don’t have a regular paychecks. Residential hard money lenders are able to fund loans for individuals who are self-employed or don’t currently have 2 years of employment history. Once the individual has 2 years of employment history they may be able to refinance out of the residential hard money loan into a conventional loan.
When applying for a conventional loan there is a lot of filling out paperwork and waiting. Hard money real estate lenders generally have a short, standard loan application. Once completed and returned, the approval process can be done same day. Compare this to a bank’s application process which can take up to 30-45 days to receive a loan decision. Hard money mortgage lenders are the clear choice for real estate investors who need quick approval and funding.
Most banks limit the amount of loans per investor to 4. This is an arbitrary number that many banks abide by. It could be an otherwise very good loan for the bank in every other respect, but the bank will still resist approving the fifth loan. Private money lenders are not concerned with how many investment property loans a borrower has, they are only concerned with helping the borrower achieve their investment goals.
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