Level 4 Funding

Phoenix Arizona Hard Money Lender

California Hard Money is a Great Alternative to Conventional Loans

With the current state of the economy and the tightened financial markets, the use of private money lenders California has skyrocketed over the last couple of years. Adding fuel to the fire is the fact that our so called “Great Recession” has put many people into bad credit situations that prevent them from obtaining financing through traditional lending sources. You know that you need private money lenders California in some way shape or form. Perhaps it’s to finance a fix and flip investment or maybe it’s a cash out re-finance on a property you own to get some liquidity for your business. There are any number of reasons—you’re just searching for the best private, also called hard money lenders California, out there before you pull the trigger. Or you are thinking about getting started as a real estate investor and have just been introduced to the concept of private money. You’re doing your research to get a full understanding of how it works and to find hard money lenders California that you can trust when you are ready to move forward.

If you are taking a loan from private money lenders California, that really just establishes that no financial institution is involved. The money given is directly from private people or a group of private people and not from a financial institution. Traditional loans are done by a lender giving loans that meet certain criteria, once the lender has given so many of these loans that fit in certain boxes they then sell the “package” of loans out to what is referred to as a “secondary market” this is typically Wall Street. Do you think that you are going to have a hard time getting that type of a loan from a traditional lender? The answer is YES, the reason is that if the lender does not sell the loans they have to keep it on their books, this limits their lending ability. Traditional lenders get paid to package loans not to keep them on their books, they need to get their money back so they can lend it out again. In contrast, hard money lenders California write their own rules. They are able to make their own guidelines and not make funding decisions based upon the “box” that Wall Street or secondary market may put on them. Private money lenders California are basically a conduit between people who have money that they want to invest and people who can use it, like you. One thing you should be aware of, though is that you’ll be looking at higher interest rates with hard money lenders California because the loan is given out based solely on the credentials of the asset (typically a piece of real estate) and not the credentials of the borrower (your credit, job history, income, etc.).


Level-4-Funding-Dennis-Dahlberg-Mort[1] Dennis Dahlberg Broker/RI/CEO/MLO
Level 4 Funding LLC
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com
http://www.Level4Funding.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027111 Congress Ave |Austin | Texas | 78701                                   

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About the author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true.

Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

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