Los Angeles Hard Money Lender | 1st & 2nd Mtg's, Up To 80% LTV
Why Choose PMS?
Private Money Solutions’ team of experienced mortgage professionals have been funding real estate transactions for more than 10 years. Located in the heart of Los Angeles & established in 1996, our proven track record speaks for itself.
In order to get your deal done, you need a lender with speed and efficiency in funding loans—a lender with innovation and creativity who can overcome obstacles and make things happen fast!
Private Money Solutions is strictly equity drive. We do not care about the borrower’s credit equity in the property, we are willing to lend against it… Period! We are flexible, creative, and swift in our work process. We always do our best to structure a deal that works best for the borrower.
What is Hard Money?
Hard-money loans are mortgage loans that are offered by private individuals rather than financial institutions such as banks or credit unions. These individuals are known as “hard-money lenders.”
Borrowers who do not qualify for mortgages through financial institutions often look to hard-money loans as an option. These borrowers usually have bad credit, insufficient income, or other factors that are considered undesirable to financial institutions. Property conditions may play a role as well.
A hard-money loan may be an attractive choice for borrowers who are behind on their mortgage payments or in danger of foreclosure.