Long Beach Hard Money Lenders & Loans2018-03-14T13:41:32+00:00
Long Beach Hard Money Lenders & Loans

Long Beach Hard Money Lenders & Loans

  • Fixed Rates from 8.00% (excluding consumer loans)*

  • Lender Fees from 1.5 Points – No Additional Fees

  • Same Day Pre-Approvals Available – Receive Funding within Days

  • Financing up to 75% Loan to Value

  • 37 Years of Experience – $800 Million Funded

  • 5-Star Google Review Rating – BBB A+ Rating

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Long Beach Hard Money Lenders

North Coast Financial are Long Beach hard money lenders (private money lenders) providing real estate investors and property owners with hard money financing. North Coast Financial’s broker has 37 years of experience in the hard money lending business and had provided financing of over $800 million in California hard money loans since 1981. Contact North Coast Financial now to apply for a Long Beach hard money loan.

Long Beach Hard Money Loans

North Coast Financial offers various types of Long Beach hard money loans including fix and flip / rehab loans, estate and trust loans, bridge loans, investment property loans, construction loans, cash out refinance loans, purchase loans, land loans, hard money loans for primary residencesdistressed property loans, reverse mortgage refinance loans and other various Long Beach hard money loans secured by real estate.

Property Types for Long Beach Hard Money Loans

North Coast Financial are Long Beach hard money lenders (private money lenders) lending on various types of property including single family residence, multi-family residence, commercial, land and industrial.

Cash Out & Refinance Loans in Long Beach

North Coast Financial provides cash out and refinance loans in Long Beach and throughout the state of California. Refinance loans are used to obtain a more favorable interest rate or to secure a longer loan term. Cash out refinance loans can be used in a situation where the borrower wants to tap the equity in their existing property and invest it in another project.

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

Loan Beach Bridge Loans

A residential bridge loan in Long Beach can be the perfect solution for a homeowner who has a large amount of equity within their current residence but needs to raise cash for a down payment or an all cash purchase. Once the borrowed funds are used to purchase the new property, the existing property is sold to pay off the bridge loan. A bridge loan can prevent the hassle of having to move twice in order to access the equity within one’s home.

Bridge loans are also available for real estate investors who need to borrow against investment property.

Recent Hard Money Loans in Los Angeles County

Long Beach, California

Long Beach is the second largest city in the Los Angeles area with a population of approximately 460,000. The Port of Long Beach is one of the largest and busiest ports in the world. The city of Long Beach also has a local oil industry with many visible oil well pumps in certain areas of the city.

Long Beach Real Estate Trends

July – October 2015

The median sales price for Long Beach homes for July – October 2015 was $469,000. This is a 8.8% increase when compared to the previous year. Over the past 5 years, sales prices of Long Beach residential properties have increased 52%. The average listing price for homes in Long Beach was $588,000. The average price per square foot in Long Beach, California was $387, which is a 8.7% increase year over year. Some of the most popular areas in Long Beach include Eastside, Los Altos, Bixby Knolls, Cal Heights, Los Cerritos, Plaza, Belmont Heights, Belmont Shore and Downtown Long Beach.

For July – October 2015, the median sales price for a one bedroom home was $245,500, a year over year decrease of 4.7%. The median sales price for a two bedroom home was $400,000, a year over year increase of 14.3%. The median sales price for a three bedroom home was $570,000, a year over year increase of 7.5%. The median sales price for a four bedroom home was $655,000, a year over year increase of 6.2%.
Source: Trulia.com

April – July 2015

The median sales price for residential properties in Long Beach for April – July 2015 was $449,000. This is a 6.9% increase when compared to the previous year. Over the past 5 years, sales prices of residential properties have increased 44.8%. The average listing price for homes in Long Beach was $560,000. The average price per square foot in Long Beach, California was $379, which is a 9.5% increase when compared to the previous year. Some of the most popular areas in Long Beach include Eastside, Cal Heights, Bixby Knolls, Los Cerritos, Plaza, Belmont Heights, Belmont Shore and Downtown Long Beach.

For April – July 2015, the median sales price for a one bedroom home was $257,500, a year over year increase of 7.3%. The median sales price for a two bedroom home was $380,000, a year over year increase of 11.8%. The median sales price for a three bedroom home was $567,500, a year over year increase of 9.3%. The median sales price for a four bedroom home was $679,000, a year over year increase of 20.7%.
Source: Trulia.com

Long Beach, California
Long Beach, California