$50K+ NO DOC Owner Occupied 2nd Second Position Mortgage Loans - financial services - craigslist (2024)

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$50K+ NO DOC Owner Occupied 2nd Second Position Mortgage Loans - financial services - craigslist (1)

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Find Owner Occupied Hard Money Loans for 2nd Position Mortgage Lien in Los Angeles CA. Call/Text 951-254-3712 for No Doc Stated Income Home Equity Loans for Owner Occupied and Non Owner Occupied Business Purpose Loans.

Owner Occupied Hard Money Second Position 2nd Trust Deed in Los Angeles

Hard Money 2nd Position Loans in California
Loan from $50K - $1mil
Up to 65% LTV
6 - 60 Months
10.99% - 11.99% *
Any Credit OK
No Income Verification
Non Owner & Owner Occupied Properties*

No Upfront Cost
Easy to Apply; Quick Approval, Funding in Days

Contact us today for Free Consultation.

For Quick Quote Text me
Property Value:
Existing Mtg Balance:
2nd Loan Amount Needed:

================================
Call, Text or Email - Steve - 951-254-3712
--------------- or ------------------
https://www.vfindloans.com/
================================

* Each loan is unique and the rate, terms, LTV, fees are dependent on the loan amount, credit score, loan to value, lien position, property location, property type, purpose of loan, borrower ability to pay etc. Call for Details 951-254-3712

For the last 18 years we have specialized in helping clients who have some challenges with credit, income or need to get funding fast due to time crunch. We have multiple loan programs & access to network of conventional, non-conventional lenders & Private hard money lenders so we can structure your loan correctly suitable to your situation, saving you time in research.

We care more about equity in the property, borrowers ability to make payments & theirs exit plan to repay the loan. If we can't help you, we won't waste your time, we'll refer you to another lending source who may.

Up to 90% LTV Owner Occupied Hard Money Loans in Los Angeles
Loans from $100K-$2Mil
Up to 90% LTV Loan to Value for Purchase
Up to 80% LTV Loan to Value for Cash Out
Up to 65% LTV Loan to Value for 2nd Position Mortgage
3/1 Arm, 5/1 Arm, 7/1 Arm, 10/1 Arm or
30 Year Fixed fully Amortized
Any Credit Ok
Alternative Income Loans
Non QM, Non Prime Loans
Subprime Loans
Foreclosure Bailout Loans
No Income Verification Loans for Business Purpose only
Alt Income Programs:
12 or 24 Months of Bank Statement Mortgage
-1099 Income Only Mortgage
-P&L Statement Only Mortgage
-VOE Only (verification of Employment Only) Mortgage
-K1 Form
-1 year W2 or Tax Return
-No Doc No Income Verification loans for Business Purpose Only
— Owner Occupied Mortgage only Available in California —

Equity Based Short Term Bridge Loan in Los Angeles
Loans from $75K-$2Mil
Up to 80% LTV
6 - 36 Months
6.99% - 10.99%
Any Credit Ok
No Income Verification
No Income Document Bridge Loans
No DSCR, No DTI

Long Term Rental Property Loan in Los Angeles
No Doc Rental Property Loans
Loans from $75K-$3Mil
Purchase / Refi / Cash Out
Up to 80% LTV
5/1 Arm, 7/1 Arm, 10/1 Arm or
30 Year Fixed fully Amortized
No Income Doc Verification
No DSCR program

Fix and Flip Rehab Loans in Los Angeles
Loans from $75K-$2Mil
Up to 80% LTV for Purchase
Up to 100% for Rehab
6 - 24 Months
Rates 8.5% - 10.99%

Commercial Mixed Use Property Financing in Los Angeles
Loans from $100K-$5Mil
Up to 80% LTV
5/1 Arm, 7/1 Arm, 10/1 Arm or
30 Year Fixed fully Amortized
Rates 5.75% - 10.99%
Stated Income, No Tax Returns

5+ Units Multifamily Property Financing in Los Angeles
Loans from $100K-$10Mil
Up to 80% LTV
5/1 Arm, 7/1 Arm, 10/1 Arm or
30 Year Fixed fully Amortized
Rates 5.75% - 10.99%
Stated Income, No Tax Returns

Commercial Retail & Office building Financing
Loans from $100K-$10Mil
Up to 75% LTV
5/1 Arm, 7/1 Arm, 10/1 Arm or
30 Year Fixed fully Amortized
Rates 5.75% - 10.99%
No Income Doc Equity Based Commercial Loans
Stated Income, No Tax Returns

No Upfront Cost
Easy to Apply; Quick Approval, Funding in Days

Contact us today for Free Consultation.
================================
Call, Text or Email - Steve - 951-254-3712
--------------- or ------------------
https://www.vfindloans.com/
================================

* Each loan is unique and the rate, terms, LTV, fees are dependent on the loan amount, credit score, loan to value, lien position, property location, property type, purpose of loan, borrower ability to pay etc. Call for Details 951-254-3712

A Private Hard Money Loan is a specific type of asset-based loan financing through which a borrower receives equity based funds secured by the value of a parcel of real estate. Hard money loans are typically issued by private investors or companies. Private Hard Money Lenders & Investors in Los Angeleso California are ready to funds in days.

No doc hard money loans *Interest rates and loan fees are typically higher than conventional commercial or residential property loans because of the higher risk taken by the lenders. Most equity based hard money loans are used for projects lasting from a few months to a few years.

We are Residential and Commercial Real Estate Mortgage Brokers in Los Angeles offering Loans & Financing in Riverside for Purchase, Refinance, Cash Out & Rehab for Single Family 1-4 unit, Rental property, Multifamily Apartments, Mixed Use, Retail & Office building, Warehouse and other commercial properties. We also provide Conventional Full doc, lite doc, No doc, stated income, equity based private hard money loans lenders in California for 1st & 2nd Position mortgage for Owner and Non Owner Occupied properties. For borrower's with credit or income issues we also provide Non prime, non QM mortgage programs. Currently we do Not offer 100% financing mortgage loans or Zero down or No down mortgage loans.

We Provide Second 2nd Position Private Hard Money Loans in All California and the cities of Los Angeles, San Diego, San Jose, Fresno, Sacramento, Long Beach, Oakland, Bakersfield, Anaheim, Santa Ana, Riverside, San Francisco, Stockton, Irvine, Chula Vista, Fremont, San Bernardino, Santa Clarita, Modesto, Fontana, Oxnard, Moreno Valley, Huntington Beach, Glendale, Santa Rosa, Ontario, Rancho Cucamonga, Oceanside, Garden Grove, Elk Grove, Corona, Hayward, Lancaster, Palmdale, Salinas Sunnyvale, Pomona, Escondido, Torrance, Pasadena, Orange, Fullerton, Roseville, Visalia, Concord, Thousand Oaks, Santa Clara, Simi Valley, Victorville, Berkeley, Vallejo, El Monte, Fairfield, Carlsbad, Temecula, Costa Mesa, Murrieta, Downey, Antioch, Inglewood, Clovis, Daly City West Covina, Santa Maria, Norwalk, San Mateo, Burbank, El Cajon, Rialto.

Keywords: Mortgage Broker, Mortgage Loan Broker, Mortgage Brokers, Loan Broker, Local Loan Officer, Local Mortgage Brokers, Commercial Mortgage Broker, Desi mortgage brokers, Commercial Loan Broker, Commercial Loan Officer, Commercial Loans, Commercial Financing, Commercial Bridge Loan, Commercial Property, 30 year fixed hard money loan, 30 year fixed commercial loan, Private Lender, Private Lenders, Private Loans, Private Mortgage, Private Lending, Hard Money Loans, Hard Money Lenders, Hard Money Lenders in SoCal NorCal, California, CA, Local Private Lender, Private Investors, Hard Money Investor, No Doc, No Doc Loans, Nodoc, No-doc, No doc rehab loans, No Income, No Income Verification, No Income Doc, No tax Returns, No Credit, Bad Credit, Poor Credit, home equity with bad credit, second mortgage with bad credit, No Fico, No Score, 500 credit score, 500 fico, sub 500 Fico, sub 600 credit score, Fix n flip, Fix and Flip, Fix & Flip, Fix&Flip, Fix Flip, node fix flip, nodc rehab, Rehab loan, Rehab Mortgage, Home Equity, Heloc, 2nd Mtg, Second Mtg, Asset Based, Equity Based, ARV loan, ARV Loans, ARV Mortgage, No Appraisal, No Up Front Fee, No Fee, Alt Doc, Alt Doc Loans, Alt Doc Mortgage, Non QM Mortgage, Non QM Loans, Non QM, Non Prime Mortgage, Non Prime Loans, Subprime Mortgage, Subprime Loans, Subprime lending, Subprime lenders, 100% LTV Loan, 95% LTV Loan, 90% LTV Loan, 90 pct, 85% LTV Loan, 80% LTV Loan, 80 Pct, 75% LTV Loan, 70% LTV Loan, 3.5% down, 5% down, 10% down, 10 pct, 15% down, 20% down, 20 pct, 25% down, zero down, no money down, 100% financing private hard money, seller financing, seller carry, 100 percent commercial mortgage, brrrr financing method, mixed use, mixeduse, mixed-use, mixuse, use mixto, multifamily, multi-family, mulitifamily, multifamiliar, Multifamily 5+ Units, Mixed Use, Auto Repair Service, Warehouse, Retail, Office, Storage, Mobile Home Parks, RV Mobile Home Parks, Bars & Restaurants, Day Care Centers, Hotels, Light Industrial, Funeral Homes, Medical Office, etc.

Call / Text or Email - Steve - 951-254-3712
Mortgage Broker
California Department of Real Estate
CA DRE Lic # 01461770 - NMLS Lic # 336222

    post id: 7756840060

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    $50K+ NO DOC Owner Occupied 2nd Second Position Mortgage Loans - financial services - craigslist (2024)

    FAQs

    What does 2nd position on a loan mean? ›

    Second position loans, also known as second mortgages or home equity loans, are a type of financing that allows homeowners to borrow against the equity in their home. This type of loan is called a second position loan because it is a secondary loan that is taken out in addition to the primary mortgage on the property.

    What is second mortgage sub financing? ›

    Any subsequent loan that is taken out after your initial purchase loan is considered to be a junior-lien or subordinate mortgage. Therefore, subordinate financing is the use of two or more mortgages to finance the purchase of real estate or using your home's equity for liquid cash.

    What is a standalone second mortgage? ›

    The term "stand-alone second mortgage" refers to a second mortgage that's not taken out at the same time as your original loan. Both HELs and HELOCs are stand-alone second mortgages. If your original mortgage is completely paid off, you can still take out a home equity loan or line of credit.

    What is a first or second position mortgage? ›

    A first mortgage is a primary lien on the property that secures the mortgage. The second mortgage is money borrowed against home equity to fund other projects and expenditures.

    Can a second mortgage holder force a foreclosure? ›

    Unfortunately for some, the answer is yes. A second mortgage company actually can foreclose on your home, even if your first mortgage is current. Like any loan, the lender of a second mortgage has the right to take legal action if you are behind in your payments.

    What is second position funding? ›

    A subordinate, or second position, loan is one that is second place to lay claim on your assets should you default. While traditional lenders are rarely willing to take a second place position, an alternative lender will. If a loan is in second place, the lender gets what is left in the event of default.

    What credit score is needed for a second mortgage? ›

    A 620 credit score is the minimum for many second mortgage lenders, while others set the bar as high as 680. → You must qualify with two mortgage payments. A second mortgage means you'll make two house payments.

    What is a secret second mortgage? ›

    A silent second mortgage is a second mortgage placed on an asset (such as a home) for down payment funds that are not disclosed to the original lender on the first mortgage. The second mortgage is called "silent" because the borrower does not disclose its existence to the original mortgage lender.

    What are the two types of second mortgages? ›

    There are two major types of second mortgages you can choose from: a home equity loan or a home equity line of credit (HELOC).

    How do I know if I qualify for a second mortgage? ›

    Common second mortgage requirements
    1. Equity: At least 15-20% equity in your home.
    2. Appraisal: An appraisal will determine your home's current market value and costs an average of $500.
    3. Credit: A credit score in the fair range (mid-600s) or better and a consistent payment history.
    Apr 3, 2024

    What is the cheapest way to get equity out of your house? ›

    A home equity line of credit, or HELOC, is typically the most inexpensive way to tap into your home's equity.

    How do you pay back a second mortgage? ›

    The borrower must repay the loan in monthly installments made up of a portion of the principal amount and interest payments. Over time, as the homeowner makes good on their monthly payments, the home also tends to appreciate in value.

    What is the definition of second position? ›

    second position in American English

    noun. Ballet. a position in which the feet are spread apart and are at right angles to the direction of the body, the toes pointing out.

    What is the 1st position on a loan? ›

    A first position loan is just like it sounds; it is the primary loan. This loan is usually the bulk of the money the borrower has on a particular property or project.

    What happens if I get a second job while being in underwriting? ›

    Changing jobs while applying for a mortgage

    Changing jobs after you've applied for a mortgage but before the loan closes could wreak havoc on your application. When you change jobs after applying for a loan, underwriters have to start their work all over again, basing your application off your new job.

    How can a lender with a lien that's in second position get into the first position? ›

    Explanation: A lender with a lien that's in second position can move into the first position through a process known as subordination. This occurs when the holder of the first position lien agrees to subordinate their interest in the property to the second lien. This can be done through a subordination agreement.

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