Stonecrest Financial

Mortgage lender and broker

For All Your Lending Needs

 

Call Us Today: (800) 557-7720

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Private “Hard Money” Loans

 

Conventional loans don’t always meet your needs.

For borrowers with less than traditional bank qualifications, we provide real estate loans at competitive rates, based primarily on equity.  As a direct portfolio lender, Stonecrest can get you the cash you need, when you need it, with terms that work for you.

Why a private “hard money” loan?

  • Close fast – don’t lose profits waiting for paperwork

Common features of a private “hard money” loans:

  • Often used as bridge loans
  • Short term (generally one to five years in length)
  • Usually secured by sufficient equity in the property
  • Typically interest only, to keep payments low

Common reasons people look to private loans:

  • Speed – you need cash quickly
  • Balloon payoffs on commercial loans or existing private loans
  • Bankruptcy and foreclosure payoffs
  • Bridge/swing loans
  • Lending to trusts, LLC’s or corporations
  • Using multiple properties as collateral

Stonecrest loan guidelines:

  • Non-owner occupied (residential, commercial & mixed-use)
  • No limit cash-out refinances
  • Interest rates based on current market conditions, 12 to 60 Month Term
  • Quick close with delegated funds
  • Up to 65 percent Loan to Value
  • First and second trust deeds
  • Loan amounts from $100,000 to $5 million
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How to Reach Us

Stonecrest Financial
4300 Stevens Creek Blvd., Suite 275
San Jose, CA 95129
Office: 408-557-0700
Toll free: 800-557-7720
Fax: 408-557-9757

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To learn more, call today at (800) 557-7720 and talk to a Stonecrest Financial representative, or send us an email.

This material is not from HUD or FHA and has not been approved by HUD or any government agency.

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