Mortgage Vintage provides fast, friendly, and professional service to those seeking Hard Money loans in the greater Los Angeles area. We live and work in this county and understand the unique Hard Money lending requirements. Whether it be bridge loans, fix-and-flips, business purpose cash-outs, or even ADU loans, Mortgage Vintage is here to help.
Recently in Los Angeles County, laws and guidelines regarding ADU’s have been modified to allow for more ADU construction to help solve the CA Housing shortage. We are on the forefront of this accessory-dwelling unit boom. The Mortgage Vintage ADU loan program provides purchase and refinance financing for additional dwelling unit construction on owner and non-owner-occupied properties. We understand lot size, local and state ordinances for ADUs, and can help borrowers looking to build an ADU with attractive bridge financing. This ADU financing typically provides the construction funds in first- or second-lien position, and then, when the ADU is completed, the borrower can successfully get a permanent conventional loan to pay off our bridge loan.
Los Angeles County also offers tremendous business opportunities for hard-working individuals. Many times, a business might have an opportunity for a strategic acquisition, a chance to buy a much-needed piece of equipment, or a few extra dollars for product development. For any business purpose, Mortgage Vintage can provide suitable financing. As properties in Los Angeles County have increased in value, so has the equity in them. This increased equity provides business purpose, cash-out opportunities for wise borrowers who can seize the day. These cash-out loans can be in first or second position on owner- or nonowner-occupied properties.
The other area that differentiates Mortgage Vintage from other Los Angeles lending competition is our ability to work with all kinds of properties. Whether the property is office, retail, industrial, residential, multi-family, or raw land, we can find financing for it. Thus, if you are looking for a hard-money loan in Los Angeles, don’t leave it to chance, such as “searching for hard money lenders near me.” Just call Michael Veal from Mortgage Vintage at (323) 797-0001 or fill out the “Contact Us” form below.