Being located in Contra Costa County, we love working on local hard money lending projects. This is one located in West Contra Costa in the city of El Cerrito. The property is in a great location and has bay views. Due to the location, we had no difficulty finding an investor for this deal and offering our client a good rate and term.
Our client on this transaction was looking to take an injection of cash for business purposes, secured by a Contra Costa property. This client did not wish to share various financials due to the nature of the income. We were able to accommodate our client, allowing for a very private transaction without traditional documentation that banks require.
The goal of this transaction was a very swift and uncomplicated funding. We were able to put an offer on the table and move forward to a closing very quickly. Our client was satisfied with our handling of this transaction as was the advisor for our client, who played a large part in the process.
If you are in need of private hard money funding anywhere in the state of California, please give us a call. We can help with most properties in most locations, but do have more flexibility for transactions located in and around the San Francisco Bay Area. We are based in Contra Costa, and have many loan programs that will finance higher loan to value ratios in this area than in others. You can visit our hard money page to learn more about our Contra Costa hard money loans.