Who are the Best Hard Money Lenders in San Francisco CA in 2021?

Finding the best hard money lenders San Francisco CA is critical to your real estate investing success. Whether you’re new to real estate investing or are an experienced investor, your San Francisco hard money loans can end up costing you thousands of dollars if you don’t spend time selecting the best hard money lender for your situation. An bad hard money loan can cost you thousands of dollars. On the flip side, a favorable hard money loan can provide the financing you need to make a deal possible and profitable. San Francisco private money lenders can give you the buying power you need to secure your deal. Whether you need a fix and flip loan or a long term rental loan for the BRRRR strategy, a hard money loan could be the perfect solution.

We were able to find several quality local hard money lenders in San Francisco. Loan amounts average around $300-350k. Rates on loans made to San Francisco real estate investors average 8-13%. Most hard money loans average between 12-18 months. The average note includes a 1-5 point origination fee and the LTV offered for loans in San Francisco is between 70-75%.

Here’s our list of the top 9 Best Hard Money Lenders in Los Francisco:

  1. Golden Gate Lending Group
  2. Maggio Lending
  3. SD Equity Partners
  4. Source Capital
  5. Crescent Lending
  6. Lantzman Lending
  7. Wilshire Quinn Capital
  8. LBC Capital
  9. Lending Home

Top 9 Best Hard Money Lenders in San Diego CA

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1. Golden Gate Lending Group

Sofia at Golden Gate Lending Group has successfully closed more than $400 million in loans over her 20 years in the business. She works primarily off of referrals, which says all you need to know about the quality of their process.

Here are some of their loans programs:

  • Fix and Flip loans
  • Construction loans
  • Bridge Loans
  • Purchase money loans
  • Long term loans
  • And more!
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2. Maggio Capital

Our first hard money lender in San Diego is Maggio Capital. With over 100 excellent reviews on Google, Maggio Capital is one the most highly ranked hard money lenders in San Diego. 

Maggio Capital is based right in San Diego. The company was founded in 2009 and the principals have been originating, underwriting and funding non-traditional mortgages since 2007.

Here are some of their loans programs:

  • Fix and Flip loans
  • Construction loans
  • Bridge Loans
  • 2nd and 3rd mortgages
  • 30 year rental loans
  • And more!

#3. SD Equity Partners

Next up is SD Equity Partners. With another quality Google profile and website, Sd Equity Partners is a solid choice for hard money loans in San diego. They specialize in fix and flip rehab loans. 

Here’s a quote from one of their clients: “We have used SD Equity Partners on a number of our properties and have been very happy with our experience. As a San Diego cash buyer, it’s imperative for us to have someone we can count on in our corner. We’ve found them to be the perfect mix as a partners: big enough to handle anything we throw at them with all the resources needed, but small enough to be nimble, always available, and perform at a very higher standard.”

 

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4. Source Capital

Source Capital is another highly rated hard money lender in California. They have an excellent Google profile, a quality website and a great selection of loan programs.

They offer flexible terms and have a wealth of experience. Boasting over 65 years of expertise and experience with hard money lending, Source Capital has funded over $400 million in commercial and residential loans. 

Here is more about their rehab program:

  • Rates Starting at 7.99% Interest
  • Flexible credit
  • No Debt to Income Requirements
  • No Prepayment Penalties
  • Loan amounts from $20,000 to $10,000,000
  • Residential, Commercial, Industrial
  • Up to 70% Loan to Value
  • Closings in 7-10 Days
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#5. Crescent Lending

With over 20 years of experience in the banking sector Mr.Padilla at Crescent Lending has solely specialised on the hard money lending market since 2011. He has worked for banks such as Bank of Boston, Long-Term Credit Bank of Japan and Fuji Bank and served clients in various Fortune 500 companies.

Crescent Lending has underwritten and funded over $150 Million in hard money loans over the last 9 years which are primarily funded by private investors as well as traditional banking institutions.

Here’s some more info about their loans:

  • Interest Rates: Starting @ 7.99% (interest only)
  • Closing Time: 5 to 7 Days
  • Location: Anywhere in California
  • Loan To Value Ratio: Up to 75% LTV
  • Loan Types: Purchase, Refinance, Cash-Out, Fix and Flip, Probate, 1031 Exchange
  • Amounts: $200K – $5M
  • Origination Fee: 2 to 3 points, dependant on size and term
  • Lien Positions: First Trust & Second Trust Deeds
  • Underwriting Fee: $1500
  • Loan Term: 6 to 60 months (extensions available)

#6. Lantzman Lending

 Our next San Diego lender is Lantzman Lending. They have more than 50 years of combined experience in the industry. Lantzman Lending prides itself on being able to provide financing to a wide variety of real estate investors with a great selection of loan programs. As a direct lender, they have the flexibility to work with investors better than a traditional bank.

Here’s some more info on their loan terms:

  • Loan Amounts: $50,000 TO $3,000.000 +
  • Term: 6-24 months
  • Interest Rate : From 7.99%
  • LTV: 65 – 70% ARV, Up to 85% acquisition + 100% REHAB
  • Origination Fees: Depends on loan length
  • No prepayment penalty

#7. Wilshire Quinn Capital

Wilshire Quinn, headquartered in San Diego, California, is a direct private money lender focused on short term bridge loans. Their in-house loan origination allows for a faster, more streamlined lending process. Wilshire Quinn has grown to become one of the premier bridge lenders in California.

Wilshire Quinn provides financing to borrowers who are unable to obtain financing from traditional lending institutions. They provide loans to corporations looking for construction financing, to individuals who are looking to purchase or refinance an investment property and more.

Here is more information about their loans:

  • Lien Position: First Trust Deed or First Mortgage

  • Loan Amounts: $200,000 to $20,000,000

  • Closing Time: Typically 5 to 7 business days from application

  • Loan To Value: Up to 60%

  • Interest Rates: 8.0% – 10.5% fixed, interest-only

  • Pre-Payment Penalty: None

  • Loan Term: 6 to 24 months

  • Origination Fee: 1 to 5 points based on the location of the property, LTV, credit worthiness of the borrower, loan amount and term

     

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#8. LBC Capital

Rounding out our top 8 is LBC Capital. They’re a Los Angeles based hard money lender serving all of California. They’re direct lenders so they can offer fast closings, large amounts, flexible terms and competitive rates. 

They offer fix and flip loans, refinances, bridge loans and construction loans. 

Here is a summary of their offerings:

  • Rates as low ass 8%
  • Closings in 7 days
  • Credit scores from 450
  • LTV up to 80%
  • Minimal documentation
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#9. LendingHome

LendingHome is a well known national lender but they’re based right in San Francisco CA. They’re a reputable lender who has the process down to a science. They have a strong Google presence and a solid website. 

They offer bridge loans and rental loans with competitive rates. 

Best Hard Money Loans San Francisco FAQ

Who is the best hard money lender in San Francisco?

Here’s our list of the top 9 Best Hard Money Lenders in Los Francisco:

  1. Golden Gate Lending Group
  2. Maggio Lending
  3. SD Equity Partners
  4. Source Capital
  5. Crescent Lending
  6. Lantzman Lending
  7. Wilshire Quinn Capital
  8. LBC Capital
  9. Lending Home
What do San Francisco hard money lenders charge?

Hard money loan rates in San Francisco range from 8 percent to 13 percent for most fix and flip and shorter term loans. Many hard money lenders in San Francisco also charge points or origination fees on a loan that range from 1-5 percent.

Do Hard Money Lenders in San Francisco require appraisals?

With most hard money lenders in San Francisco , the loan to value (LTV) is determined through an appraisal or a broker opinion of value.

What are hard money loans in San Francisco?

Hard money loans in San Francisco are loans secured by real estate used to purchase or rehab that piece of property.

These short term loans are used to purchase and/or rehab residential or commercial properties. They’re usually more expensive than traditional loans but can be closed faster and oftentimes with less credit requirements.

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