#1 San Francisco Hard Money Lender

(A+ Rated with BBB | Hundreds of Closed Loans | Direct Lender)

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The #1 Hard Money Lender in San Francisco

The real estate market in San Francisco can be highly competitive and prices can vary significantly depending on the location. Some neighborhoods and cities within the San Francisco metropolitan area may be more attractive for real estate investment due to factors such as their location, local amenities, income levels, demographics, and potential for appreciation.

Here are some of the top rated cities and neighborhoods to consider for real estate investment in San Francisco:

1. Mission District: This diverse neighborhood is popular with young professionals and tech workers and has a vibrant nightlife scene. Property values and rental rates in the Mission District are generally high.
2. Noe Valley: Located in the center of the city, Noe Valley is a residential neighborhood with a small town feel. It is popular with families and has a high demand for rental properties.
3. Financial District: Located in the heart of the city, the Financial District is home to many major corporations and is a hub for business and commerce. The area has a high demand for rental properties, particularly among professionals who work in the financial sector.
4. Pacific Heights: This upscale neighborhood is home to many mansions and is known for its stunning views of the San Francisco Bay. Property values and rental rates in Pacific Heights are generally high.
5. Potrero Hill: Located in the southeast part of the city, Potrero Hill is a diverse neighborhood with a mix of residential and industrial properties. It has a high demand for rental properties and is popular with tech workers.

One major point to consider when investing in real estate in San Francisco is rent growth. Rent Growth is the increase in rental prices which generates cash flow as a real estate investor.

 Some neighborhoods and cities within the San Francisco metropolitan area may have higher rent growth than others due to various factors such as demand, supply, and local amenities.

According to recent data, some of the areas in San Francisco with the highest rent growth in recent years include:

1. Mission District: The Mission District has seen a 14.1% increase in rent over the past year, making it one of the most expensive neighborhoods in the city.
2. Financial District: The Financial District has seen a 9.7% increase in rent over the past year, making it a popular choice for professionals who work in the financial sector.
3. Potrero Hill: Potrero Hill has seen a 9.4% increase in rent over the past year, making it a popular choice for tech workers and other professionals.
4. SoMa (South of Market): SoMa has seen a 9.2% increase in rent over the past year, making it a popular choice for young professionals and tech workers.
5. Castro: The Castro has seen a 8.3% increase in rent over the past year, making it a popular choice for LGBTQ+ individuals and young professionals.

It is important to note that rent growth can vary significantly depending on the specific property and location, and it is not guaranteed. Once you have found the right property in the correct location you will need to obtain a reliable and cost-effective source of financing for the project.

If you are looking for a San Francisco private money lender who can offer low rates, close quickly, and not require any income docs or a minimum credit score then Capital Funding Financial is the perfect hard money lender in San Francisco for you.

Capital Funding Financial specializes in asset based private money loans on non-owner-occupied investment properties nationwide particularly in states such as San Francisco. Capital Funding Financial is backed by a Family Office with over 1,000 Single Family Developments built across the United States and over 250 million deployed in loans.

If you are a real estate investor, developer, mortgage broker, or individual in San Francisco who needs a FAST, RELIABLE, & HONEST PARTNER for rental investment, commercial, or multi-family properties… Contact us today for a complimentary consultation.

We would like to provide you a pre-approval letter and soft quote for your particular scenario.

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FAQ’S

Or Call Us At 866-999-2011

What is a hard money loan?

A hard money loan is a loan based primarily on the value of the property and not on the income or credit of the borrower. Where asset-based lenders aka hard money lenders in San Francisco focus primarily on the value of the asset used as collateral for the loan traditional banks and lenders focus chiefly on the credit and income of the borrower in making their decision on whether to extend credit. Furthermore, where traditional loans are generally for 15–30-year durations, hard money loans are used as a temporary alternative (1–3 years usually) as a bridge to acquire a property, rehab, stabilize it, and have it ready to be sold or refinanced. Hard money loans are provided to all asset classes ranging from commercial, retail, office, industrial, multi–family, or single-family residential homes. Hard Money loans are similar to loans on chattel in other countries but in the US they are primarily associated with real estate loans based primarily on the asset value.

Why choose a San Francisco hard money loan over a conventional loan?

(1) Quick Funding– conventional banks take the absolute minimum of 30-45 days to finance an individual family residential loan and anywhere between 60–90 days to finance a commercial loan. Whereas a San Francisco hard money loan by Capital Funding Financial is generally funded within 5-10 days.

(2) The Property Needs Work– due to the conventional bank‘s very conservative underwriting guidelines, most will not lend on properties needing repair. However, a private money lender will be happy to loan on a property that either lacks cash flow or needs upgrades.

(3) Not based on credit or income– Traditional banks rely heavily on a borrower’s credit score, reported income, and the borrower’s ability to repay the debt. As a result, traditional banks turn down even strong income borrowers such as doctors, lawyers, and solicitors who have high incomes but also have a lot of debt. So, there is a key role that private lenders such as Capital Funding Financial play in lending to borrowers based on the asset value versus the debt to income of the individual borrower.

What type of properties qualify for Hard Money Loans?

• Single Family (Investment)
• Duplex, Triplex, Quadplex
• Large Developments
• Condo Conversions
• Multi-Family Properties
• Mixed-Use Properties
• Commercial Properties (Office, Retail, Industrial)

How long is the term of the hard money loan?

Typically, hard money loans or bridge loans are 12 months. However, Capital Funding Financial offers hard money loans for up to 36 months (24-month term with up to a 12 month extension).

How fast can hard money loans close?

In some cases, Capital Funding Financial can close within 48 hours where title, valuation, and insurance are in place! The average turnaround time is 3 to 7 business days.

How can I qualify for a hard money loan?

Simple… you just need equity in your property if you are refinancing OR if you are purchasing you will need to put down at least 15 – 20%. It is common practice to have a entity to purchase the property in to ensure it is for “business/commercial purpose.”

Are Hard Money Loans a Good Idea?

Yes… hard money loans allow real estate investors the flexibility to close quickly without having to go through a long and extensive underwriting process.

How do Hard Money Loans Work?

Hard money loans focus solely on the ratio of the loan amount to the value of the property. The higher the leverage the more the risk, whereas the lower the leverage the safer the transaction.

What is the average interest rate on hard money loans in San Francisco?

Most hard money loans range from 10% – 12% interest rates. However, Capital Funding Financials’ hard money loan rates in San Francisco start at 6.99%.

Do hard money lenders require a down payment?

On purchase transactions, yes. At least 10% is required.

WHAT LOAN DOCUMENTATION DO YOU NEED TO QUALFY FOR A HARD MONEY LOAN IN SAN FRANCISCO?

For Purchase Transactions:

• Loan Application & Disclosures
• Driver’s License or Passport (ITIN number if you are a Foreign National)
• Purchase Agreement and any addendum(s)
• Proof of Earnest Money Deposit with check or wire receipt
• 2 Months Bank Statements to show the necessary cash to close and liquidity
• Entity Docs – Articles of organization, Operating agreement or Bylaws, EIN #, CDD Form, Corporate Resolution
• ACH Setup Form
• Title Commitment, Survey, HOA/Condo Questionnaire (if applicable), E&O, Wire Instructions, Confirmation of GAP Coverage, CPL, Draft Deed, HUD
• Evidence of Insurance – RCE/Insurable Value Required for Dwelling Coverage and 6 Months Loss of Rent Coverage
• Appraisal Payment (Appraisal or BPO to be Ordered by Capital Funding Financial) – If you need to rush we can waive this condition if the equity is there!
• Lease Agreement (if applicable)

For Refinance Transactions:

• Loan Application & Disclosures
• Driver’s License or Passport (ITIN number if you are a Foreign National)
• Payoff Statement or Mortgage Statement (if applicable)
• 1 Months Bank Statement to show current liquidity
• Entity Docs – Articles of organization, Operating agreement or Bylaws, EIN #, CDD Form, Corporate Resolution
• ACH Setup Form
• Title Commitment, Survey, HOA/Condo Questionnaire (if applicable), E&O, Wire Instructions, Confirmation of GAP Coverage, CPL, HUD
• Evidence of Insurance – RCE/Insurable Value Required for Dwelling Coverage and 6 Months Loss of Rent Coverage
• Appraisal Payment (Appraisal or BPO to be Ordered by Capital Funding Financial) – If you need to rush we can waive this condition if the equity is there!
• Lease Agreement (if applicable)

HOW LONG DOES THE HARD MONEY LOAN PROCESS TAKE TO CLOSE IN SAN FRANCISCO?

Once we have received the Appraisal, Title Commitment, and Insurance we will the loan to Final Underwriting. Upon review of the loan file by our Underwriter, we will submit to Legal for Loan Documents pending any Clear to Close Conditions.

At Capital Funding Financial, we close loans in 1/3 of the time it takes to close a conventional mortgage loan! Our quick and easy loan process eliminates the stress and hassle that has plagued the mortgage lending industry for years. You will be able to leverage your capital, grow your portfolio, and enjoy better cash flow using Capital Funding Financials’ San Francisco hard money loan program!

“Hard Money Lender San Francisco”

We provide hard money loans throughout the San Francisco Metropolitan Statistical Area (MSA) as well as San Francisco, San Jose, Sacramento, San Francisco, Santa Barbara, Sacramento, Long Beach, Anaheim, Stockton, Riverside, Santa Ana, Irvine, Chula Vista and many other cities in California.

San Francisco Communities We Serve:

• Atherton
• Belmont
• Brisbane
• Burlingame
• Colma
• Daly City
• East Palo Alto
• El Granada
• Foster City
• Hillsborough
• Half Moon Bay
• La Honda
• Loma Mar
• Los Altos
• Menlo Park
• Millbrae
• Mountain View
• Pacifica
• Palo Alto
• Pescadero
• Portola Valley
• Redwood City
• San Bruno
• San Carlos
• San Mateo
• South San Francisco
• Sunnyvale
• Woodside
• And More!

If you’re in need of a hard money loan for a rehab project, fix & flip, or rental investment loan, please contact us today at 954-320-0242 or toll free at 1–866–695–0092 or visit Hard Money Loan for more info.