Los Angeles Commercial Loans

Financing commercial property in Los Angeles is not easy. Traditional lenders are very particular and have slow approval times. Commercial hard money loans come to the rescue. We at LBC Mortgage are skilled at helping business owners and investors secure quick, flexible funding for commercial property.

What Are Commercial Hard Money Loans?

Commercial hard money loans are short-term real estate-backed loans. They are unlike traditional loans, where credit scores and credit history are factors, in that the hard money loans are based on the value of the property. This makes it ideal for investors and entrepreneurs who need instant funds or do not qualify for a traditional loan.

How Hard Money Loans Work

Hard money loans are funded by private lenders or sophisticated investors. We at LBC Mortgage have an established group of private lenders that we use to obtain the best terms for our clients. The size of the loan is based on the loan-to-value (LTV) ratio of the property, rather than the borrower’s credit score.

As hard money loans are secured, they carry fast turnarounds and are very negotiable. They are well adapted for time-conscious deals and unconventional properties.

Los Angeles Commercial Hard Money Loans benefits

Fast Approval and Disbursement

Traditional loans take weeks or even months to close. Hard money loans through LBC Mortgage close in days. That rapid closing gives investors a competitive edge in the high-speed Los Angeles real estate market.

Flexible Terms

Flexible hard money loans compared to traditional loans. We customize loan terms to your project needs, such as repayment schedules and interest rates. This makes it possible for you to structure the loan according to your investment strategy.

Easier Qualification

Conventional lenders require good credit and a lot of financial information. Hard money lenders care less about the credit, so it is easier for borrowers with bad credit to qualify. At LBC Mortgage, we work with a range of clients, including those with complex financial backgrounds.

Why Use LBC Mortgage for Your Commercial Hard Money Loan

Los Angeles Real Estate Expertise

The Los Angeles commercial real estate market is different. It is challenging and demanding and requires expertise and local knowledge to navigate it. LBC Mortgage knows the local conditions, from real property values to zoning regulations. We utilize such local knowledge in securing the best terms of loan for our clients.

Strong Network of Private Lenders

Our long-standing relationships with private lenders give our clients access to competitive terms and rates. We know which lenders specialize in different kinds of properties and financing needs. This allows us to match you with the right lender for your project.

Tailored Loan Solutions

Every project is different. We take the time to listen to your goals and customize the loan to your strategy. For a fix-and-flip, rental, or new construction, we create a loan solution that works for you.

Quick, Efficient Process

We streamline the loan process to get you funded quickly. From application to closing, we handle all the details openly and honestly and keep you informed. You’ll know what’s happening at each step.

Properties Eligible for Hard Money Loans

Multi-Family Properties

Hard money financing is particularly appropriate for multi-family investments. Buying, rehabbing, or refinancing, LBC Mortgage helps you secure the funds in a timely manner to capitalize on market opportunities.

Office Buildings

Los Angeles office space is in demand. We provide financing for single-tenant or multi-tenant office buildings.

Retail Properties

From retail stores to shopping centers, retail properties require quick funding to stay competitive. Our hard money loans provide you the luxury of rehabbing, adding to, or purchasing retail space.

Industrial Properties

Warehouse and manufacturing facilities require unique funding. LBC Mortgage presents you with lenders familiar with funding industrial properties.

Mixed-Use Properties

Mixed-use properties offer multiple different sources of income but are hard to finance through conventional lenders. With our hard money loans, it is simpler to get financing for these multi-use properties.

How to be Eligible for a Commercial Hard Money Loan

Focus on Property Value

Hard money lenders care less about your credit history and more about the value of the property. Your loan size is dependent on the loan-to-value (LTV) ratio, usually between 60% and 75%.

Provide a Clear Exit Strategy

Lenders want to know how you plan to repay the loan. A clear exit strategy, such as selling the property or refinancing, enhances your chances of approval.

Show Investment Potential

Properties with strong income potential or value-added opportunities are attractive to lenders. Highlight the profit potential of the property to negotiate better terms.

Common Uses for Commercial Hard Money Loans

Purchase of Property

Rapid approval times make hard money loans ideal for the purchase of new properties in tight markets. Buyers can close rapidly before other buyers.

Improvements and Renovations

Hard money loans finance property improvements and renovations. Improved properties increase rental income and resale value.

Bridge Loans

Bridge loans help cover short-term financing gaps. If you’re waiting for permanent financing or need to fund a project quickly, a bridge loan through LBC Mortgage can keep your project on track.

Construction Financing

New construction requires fast, reliable funding. Our hard money loans provide capital for construction projects, from ground-up builds to major renovations.

Get Started with LBC Mortgage Today

At LBC Mortgage, we make getting a commercial hard money loan easy. Our experience, local market expertise, and network of lenders allow us to make quick approvals and competitive offers. Whether you’re purchasing a new property, refinancing, or rehabbing, we have the solution for you.

Contact LBC Mortgage today to discuss your commercial hard money loan needs. Our specialists are waiting to help you secure fast, hassle-free financing for your next property investment.