Sacramento Hard Money Lenders

Sacramento Hard Money Lenders

Sacramento is California’s state capital and one of the state’s most active real estate investment markets, offering a combination of more affordable prices than the Bay Area, strong employment anchored by state government and healthcare and a housing options diverse enough to support a wide range of investment strategies. North Coast Financial has been funding hard money loans in Sacramento and throughout the greater Sacramento region for over 45 years, with more than a billion dollars in California loans funded.

North Coast Financial offers various types of residential hard money loans (private money loans) in Sacramento including investment property loans, fix and flip loans, probate & estate loans, trust loans, cash out refinance loans, bridge loans, distressed property loans, rental property loans, purchase loans, hard money loans for a primary residence, reverse mortgage refinance loans for heirs and other Sacramento hard money loans for real estate.

The most common hard money loan types we fund in Sacramento include fix and flip loans for investors targeting the city’s substantial inventory of older single-family homes in neighborhoods like Oak Park, Curtis Park, Land Park, and the River District, consumer bridge loans for buyers who need to close quickly in a competitive market, cash-out refinances for property owners who have built up equity as Sacramento values have risen, and purchase loans for properties that need work before qualifying for conventional financing. We also fund SFR construction loans, hard money seconds, and loans on probate and trust properties throughout the Sacramento metro area.

Sacramento Bridge Loan Lenders

Bridge loan lenders allow a property owner to borrow against the equity within their home in order to purchase their new residence prior to selling their existing property. A residential bridge loan in Sacramento can provide quick liquidity and is not subject to the same debt to income ratio requirements. Bridge loans allow retired homeowners to obtain a short-term loan even when they don’t currently have sufficient income to qualify for a traditional loan.

North Coast Financial has the flexibility to provide a bridge loan against the borrower’s current property and also provide an additional bridge loan to help with the purchase of the new property. Contact North Coast Financial for a free consultation or visit our Bridge Loans page for additional information.

Trust, Probate and Estate Loans

Trust, probate and estate loans allow beneficiaries to borrow against inherited real estate. Borrowing against the trust or estate is typically done in order to help equalize a distribution between beneficiaries or to borrow funds to cover expenses of the estate. In many trust loan situations (and estate) the beneficiaries need to obtain a 3rd party loan so they can file for Prop 58 and prevent a property tax reassessment for a parent to child transfer.

The trust loan is made directly to the trust as the trust is current owner and borrower. The trust loan proceeds go directly to the trust’s bank account and can then be distributed to the other beneficiaries. The title of the property can then be transferred from the trust to the beneficiary who is keeping the property. Contact North Coast Financial for a free consultation or visit our Trust Loans or Probate and Estate Loans page for additional information.

Sacramento Residential Hard Money Loans – Commercial Hard Money Loans

North Coast Financial are primarily residential hard money lenders providing funding for Sacramento residential hard money loans (single family residences, multi-family residences) but are also able to finance commercial hard money loans (commercial, industrial, office buildings, healthcare, hotels, retail and special purpose).

Cash Out & Refinance Loans

North Coast Financial provides cash out and hard money refinance loans in Sacramento and throughout the state of California. Hard money refinance loans can be used to secure a lower interest rate or to secure a longer loan term. Cash out loans are generally used when the borrower wants to take out equity from their existing real estate and invest it in elsewhere.

To apply for a Sacramento cash out or refinance loan contact North Coast Financial now or visit our Cash Out & Refinance Loan page for more information.

Sacramento, California

Sacramento is the capital of the state of California and located in the northern section of the Central Valley. The city of Sacramento is the 6th largest city in California with an estimated population of 486,000. Sacramento was named after the Sacramento River and became an incorporated city in 1850.

Sacramento’s neighborhoods offer a range of investment profiles. The grid neighborhoods closest to downtown, including Midtown, Curtis Park, and Tahoe Park, have seen significant gentrification and value appreciation, making them prime renovation territory. The outer neighborhoods and suburban cities like Elk Grove, Rancho Cordova, and Citrus Heights offer more volume and lower entry points for investors who focus on the rental market. The Sacramento Delta to the west and the Sierra foothills to the east round out a metropolitan area with genuine geographic diversity.

Contact North Coast Financial now and for a free consultation with a hard money loan expert regarding your Sacramento hard money loan request.

Sacramento, California