North Coast Financial are California residential hard money lenders (Sacramento private lenders) providing Sacramento hard money loans to real estate investors and property owners. North Coast Financial’s owner/broker has over 37 years of hard money lending experience and has funded over $800 million in California hard money loans since 1981. Contact North Coast Financial now and inquire about a Sacramento hard money loan.
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 in Sacramento Area
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.
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 County Cities
Hard money loans are available in the following Sacramento County cities and census designated places: Citrus Heights, Elk Grove, Folsom, Galt, Isleton, Rancho Cordova, Sacramento, Antelope, Arden-Arcade, Carmichael, Clay, Courtland, Elverta, Fair Oaks, Florin, Foothill Farms, Franklin, Freeport, Fruitridge, Pocket, Gold River, Herald, Hood, La Riviera, Lemon Hill, Mather, McClellan Park, North Highlands, Orangevale, Parkway, Rancho Murieta, Rio Linda, Rosemont, Vineyard, Walnut Grove, Wilton
The median sales price for residential properties in Sacramento, California for July 2016 – September 2016 was $275,000, a 12.2% year over year increase. In the last 5 years, sales prices of homes in Sacramento have increased 111.5%. The average price per square foot for Sacramento is $199, which is a 13% increase year over year ($176).
For July 2016 – September 2016, the median sales price for a one bedroom home in Sacramento, California was $112,500, a year over year decrease of 14.0%. The median sales price for a two bedroom home was $223,000, an 16.1% year over year increase. The median sales price for a three bedroom home was $265,000, a 13.2% year over year increase. The median sales price for a four bedroom home in Sacramento was $318,000, a year over year increase of 12.8%. Source: Trulia.com