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2nd Hard Money Mortgages In Los Angeles, California

By Jo-Ann Lapin On October 26 2023

Unlocking Cash: 2nd Mortgages for Real Estate Investors

When it comes to real estate investment in Los Angeles, having the right financing strategy can make all the difference. For savvy investors with excellent first mortgages in place, cash-out refinances on second mortgages can be a powerful tool. In this article, we'll explore how California Hard Money, a Los Angeles hard money specialist, provides tailored solutions for investors looking to leverage their existing assets.

California Hard Money: Your Partner in Real Estate Financing

At California Hard Money, we specialize in providing hard money loans ranging from $50,000 to $2.5 million, with up to 70% loan-to-value (LTV) for both purchases and refinances. Our expertise lies in crafting flexible financial solutions that cater to the unique needs of real estate investors.

Client Testimonials Speak Volumes:

Our clients have consistently praised us for our speed, knowledge, and professionalism. Here are a few testimonials from past clients:

    "Very fast, knowledgeable, competent, and professional. I would definitely recommend to anyone looking for financing to work with David and Jo-Ann."

    "Great company - I've known JoAnn and David for years - always straight shooters and do what they say - they can provide adaptable and efficient solutions in compressed timelines too. I've done many loans with a variety of short term bridge and land loans - and construction loans - they are good to work with."

    "As an investor and developer, I give them 5 stars and certainly a source to consider! I have completed several loans and other financial transactions with Hanover MC; it's an excellent Co, service has always been great, they make you feel like family. I highly recommend them."

    "JoAnn and David Lapin from HanoverMC have been outstanding in providing me with private funding during the financial crisis and the pandemic; I highly recommend them as lenders for the quality of the service."

    "I am a mortgage broker and have worked with Jo-Ann and David many times. They have great loans for investors & flippers with low-interest rates. They give you money to purchase and then to rehab depending upon the future sales price which could go up to 90% LTV."

Why Choose California Hard Money?

    Tailored Solutions: We understand that every real estate investment is unique. Our team works closely with you to create a financing strategy that aligns with your specific goals and circumstances.

    Speed and Efficiency: In the fast-paced world of real estate, timing is critical. California Hard Money prides itself on quick turnarounds, allowing you to seize opportunities without delay.

    Transparent and Honest: Our reputation is built on integrity and transparency. We believe in straightforward communication and delivering on our promises.

    Extensive Experience: With years of experience in the Los Angeles real estate market, we have a deep understanding of local dynamics and can provide insights that add value to your investments.

For real estate investors in Los Angeles, cash-out refinances on second mortgages can be a game-changer. With California Hard Money as your trusted partner, you gain access to tailored financing solutions, backed by a team known for their speed, knowledge, and professionalism. Don't miss out on opportunities – reach out to us today and take your real estate investments to new heights.

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DISCLAIMER
Hanover Mortgage Company is California licensed only. Real Estate Broker – California Department of Real Estate. Broker License #01410448 │ NMLS I.D. Number: 337458. INTEREST RATES CAN CHANGE WITHOUT NOTICE. ASK US FOR CURRENT RATE INFORMATION. BORROWERS AND PROPERTIES MUST QUALIFY. CONDITIONS AND RESTRICTIONS MAY APPLY. Loan programs, amounts, rates and terms are subject to change without notice. Loan approval is not guaranteed and all loan applications are subject to verification of acceptable credit, income, employment, lien position and value of collateral in the sole discretion of Hanover Mortgage Company. Flood and/or property hazard insurance may be required. Additional fees, conditions, restrictions and limitations may apply. Not all programs are available in all areas. The interest rate for adjustable rate mortgage loans is subject to increase. Please contact Hanover Mortgage Company to determine your eligibility for a specific loan product. Hanover Mortgage Company does not offer financing for those transactions defined as ‘Covered Loans’ or ‘High Cost Loans’ in any state or federal law. Hanover Mortgage Company is a Mortgage Broker. Mortgage Broker fees will apply unless stated otherwise. Disclosure: Money invested through a mortgage broker is not guaranteed to earn any interest or return and is not insured. State law dictates that we acknowledge that interest on trust deeds is not guaranteed. No investment is completely risk free and past performance is not a guarantee of future results. Before investing, investors must be provided applicable disclosure documents. Investment Products: Are Not FDIC Insured • Are Not Bank Guaranteed • May Lose Value • Are Not a Deposit • Are Not Insured by Any Federal Government Agency.