Stockton Hard Money Lenders
North Coast Financial is a California hard money lender (private money lender) providing Stockton hard money loans. With over 40 years of hard money lending experience, North Coast Financial’s owner/broker has funded over $800 million in California hard money loans. Contact North Coast Financial now to inquire about a Stockton hard money loan.
Stockton Hard Money Loans
Offering multiple types of Stockton hard money loans (private money loans), North Coast Financial funds bridge loans, trust loans, probate and estate loans, rehab loans / fix and flip loans, investment property loans, hard money purchase loans, hard money loans for primary residences, cash out and refinance loans, reverse mortgage refinance loans, hard money 2nd mortgages and other types of hard money loans in Stockton secured by real estate.
Stockton Hard Money Loan Property Types
North Coast Financial is primarily a residential hard money lender for single family residences and multi-family residences but also provide commercial hard money loans for commercial, industrial, office buildings, healthcare, hotels, retail and special purpose property.
Stockton Bridge Loans
North Coast Financial is an experienced bridge loan lender able to provide Stockton bridge loans. Bridge loans are short-term loans provided against the equity within a borrower’s existing property. The loan proceeds from the bridge loan are then used to purchase a new property. Once the new property is acquired, the previous property is sold to pay off the bridge loan. Contact North Coast Financial now to inquire about a Stockton bridge loan or visit our Bridge Loan page.
Trust Loans and Probate/Estate Loans for Stockton Real Estate
Trust loans and probate/estate loans allow heirs to obtain a loan secured by inherited property in order to help equalize the distribution of assets of a trust or estate. Trust and estate loans are made directly to the name of the trust or estate, as those entities are still the current owner of the property. The loan must be secured against the inherited property with a note and deed of trust, similar to the process with a conventional loan. Proceeds from the loan go directly to the trust or estate’s bank account. The funds can then be distributed to the beneficiaries who are taking cash in exchange for their interest in the inherited real estate.
Conventional lenders cannot lend against real estate owned by an irrevocable trust. Irrevocable trust loans are typically only available from a specialized trust lender such as North Coast Financial. Trust loans are only intended to be a short-term financing solution to help facilitate the distribution of the trust assets.
The city of Stockton is located within San Joaquin County and is part of the California Central Valley. Stockton was incorporated in 1850 and its estimated population of 320,000 makes it the largest city within San Joaquin County. It is the 13th largest city in California. Stockton was named after Robert F. Stockton, a United States Navy Commodore, and was the first community in California without a name of Spanish or Native American origin.