Private Money Loans:

Private money, otherwise typically known as “hard” money loans, are loans that come from a private investor and not a conventional institution. It can be difficult to secure this form of funding on your own so many borrowers, real estate investors and mortgage brokers turn to private money lenders to manage the process and connect the loan between the borrower and the private lender.  Residential First Capital is a private hard money lender.  This unconventional form of lending is a tool that is used in specific business purpose and consumer purpose instances.  Hard money loans are backed by real estate property – generally 1st and 2nd trust deed secured notes. The interest rates on these forms of loans are higher than you will find in the conventional marketplace but they are unmatched in speed of funding and ability to say “yes” when the conventional market is forced to say “no” due to credit score, and other factors.

Fix and Flippers can enjoy loans funded in 3-5 days, and this allows them the flexibility to get in and out of projects quickly and without the hurdles of a conventional loan process.  Business purpose loans are used when a large capital expenditure is required and commercial and mixed use loans opportunities present a varied set of circumstances.  If you are looking to fund a loan for a business purpose or real estate improvement project, contact us and we can let you know if we can help.   We have over 30 years of experience in funding and vetting private hard money loans and will be able to tell you quickly if we can assist you in your goals.

Residential Institutional Loans:  

There are several residential loan programs available for you.  Residential First Mortgage is approved with numerous institutional banks and is also a correspondent lender.  Our loan officers have over 20 years of experience working with institutional lenders so we can serve you with a full range of options, including Reverse Mortgages, Loan Servicing and HELOCs.  We are able to match your situation to the correct lender, be it institutional or private money. 

Commercial/Industrial/Mixed Use Loans

Commercial, Industrial and Mixed use loans helps businesses move forward. Whether it is working capital or key capital expenditures, this form of loan helps business owners take the next steps to building and growing their business.  If an expensive piece of equipment is required to move a business to the next level of production – it is possible with a commercial private hard money loan. There are bridge loan programs to help business owners for a short 1-5 year time frame as they restructure their business. There are so many circumstances and options with this form of loan that it is best to call us to see how we can help.  

Rehab Loans

If you have a property that needs to be rehabilitated for investment purposes - you may need to turn to a private money lender.  Many conventional hurdles provide a slim acceptance rating whereas a hard money lender is capable to looking beyond those strict metrics to see your true eligibility for a loan.   The right amount of capital can ensure a successful property rehabilitation and the accompanying increase in real estate value. It is a win-win for all.

Investment Property Loans

Investment properties lending requires an experienced lender and can require creativity that is dependent on the neighborhood, the condition and the expertise of the borrower. Again, conventional funding sources may not meet the speed test, nor are they flexible enough to review the entire scenario and feasibility as good investment. Residential first capital is a private hard money lever that has speed and flexibility. There are many options including Reverse Mortgages and Receivership Loans.

No matter the type of loan  - there is a process of review to determine suitability and the best terms for each situation. There is no "one size fits all" when it comes to hard money lending.  Each borrower and opportunity is unique and that is the place for a private hard money loan.


Contact Us:

Phone: (949) 852-0400

Email: kthayer@rfmoc.com