Private Money Lenders

Bridge Loans for Residential and Commercial Real Estate Investors

Private Money Lenders

Bridge Loans for Residential and Commercial Real Estate Investors

Lending Guidelines

Interest Rates
Starting @ 7.99% (interest only)
Closing Time
5 to 7 Days
Location
Anywhere in California
Loan To Value Ratio
Up to 75% LTV
Loan Types
Purchase, Refinance, Cash-Out, Fix and Flip, Probate, 1031 Exchange
Amounts
$200K – $5M
Origination Fee
2 to 3 points, dependant on size and term
Lien Positions
First Trust & Second Trust Deeds
Underwriting Fee
$1500
Loan Term
6 to 60 months (extensions available)

Property Types

  • Single-family & Multi-family Investment Properties
  • Condominiums
  • Retail Centers
  • Office Buildings
  • Industrial & Warehouse
  • Hotels & Motels
  • Healthcare & Assisted Living Facilities
  • Special Purpose & Mixed Use
  • Parking Garages & Lots

Recently Funded Private Money Loans

Montebello, CA
Amount : $2,500,000
Type : Purchase
Loan To Value : 66%
Rate : 8.75%
Property Type : Multi-Family
Term : 12 Months
Arcadia, CA
Amount : $1,100,000
Type : Refinance
Loan To Value : 73%
Rate : 9.00%
Property Type : Single Family
Term : 12 Months
Pasadena, CA
Amount : $950,000
Type : Purchase
Loan To Value : 50%
Rate : 8.25%
Property Type : Single Family
Term : 12 Months

Reliable Direct Private Money Lender

Located in Los Angeles, California, Crescent Lenders is a direct nationwide hard money lender for residential and commercial real estate investors.

With over a decade of experience and having funded hundreds of millions of dollars in hard money loans, Crescent Lenders offers some of the most affordable interest rates, lowest fees and the highest level of customer service in the private money lending industry.

Our large cash reserves and flexible lending criteria enable us to provide borrowers with the rapid funding they need to capitalize on their real estate deals.

How to Apply For a Bridge Loan

Our application process is simple and straight forward, borrowers are usually given pre-approval after a brief 5 to 10 minute phone call.

After terms are established and agreed upon, financing can be completed in as little as 5 to 7 days.

Contact us today to speak with a team member regarding your hard money loan scenario.

Ideal Situations to Use a Hard Money Loan

Big banks often bog down borrowers and investors with bureaucratic red tape and a plethora of requirements.

Whereas a hard money lender’s criteria is mainly centered around a borrowers equity in a property, making a hard money loan much easier to obtain than a traditional bank loan.

Hard money loans have slightly higher interest rates than conventional bank mortgages and are therefore meant to be used for short periods of time ranging from 12 to 60 months.

Crescent Lenders, is a more flexible option for real estate investors who need to move fast and secure rapid financing in today’s market.

When a buyer makes an offer on a property that is accompanied by a hard money loan, it’s usually considered as good as an all-cash offer, helping real estate investors beat out other competing offers.

Types of Loans We Fund

Crescent Lenders offers a variety of private money loans for all commercial, residential and industrial property types.

All of our loans are required to be secured by a hard real estate asset.

We fund all types of hard money loans, including:

  • Bridge Loans: a temporary financing solution used until more permanent financing solutions are obtainable.
  • Probate Loans: otherwise known as an estate loan, inheritance loan, or trust loan — these loans are given to people who are set to inherit property but are waiting for an estate to complete the probate process.
  • Fix & Flip Loans: also known as rehab loans these are used by real estate investors to buy a property which they rehab and then sell for a profit.
  • Purchase Loans: buyers commonly use purchase loans to act quickly on a hot property when they don’t have enough capital to make an all cash offer or don’t qualify for a bank loan.
  • 1031 Exchange Loans: used to purchase a replacement property or like-kind property and defer paying any capital gains tax into the future to grow your investment essentially tax free.
  • Cash-out Loans: fast and easy way to tap into existing equity from an investment property.
  • Refinance Loans: current investment property owners may have an existing hard money loan they need or want to refi at a lower interest rate and for a longer period of time.

Our Lending Criteria Explained

When underwriting a private money loan, we put strong emphasis on the loan to value ratio (LTV) of the real estate asset being used as collateral.

Our goal is to determine if you;

  • have 25% or more equity in the property
  • are able to make the monthly interest payments
  • have a viable exit strategy to pay-off the bridge loan

If all these bases are covered, more often than not we can fund the loan in as a little as 5 to 7 days.

Check out the stellar reviews from our past clients below.

Top-Rated Provider

My existing hard money loan was coming due on my retail center and I was shopping around for a refi with a better rate since I was not yet able to qualify for bank financing, Mario was able to give me the best rate of the lenders I reached out to...
- Steve S.
I’m a commercial real estate broker and do some fix and flipping on the side here in SoCal. I’ve used a few different HMLs in the past but have created a good relationship with these guys and have repeatedly used them and will continue to do so going forward.
- Justin R.
Was recommended these lenders from a friend of mine. They were able to come thru on 2 deals for me over the past year, but also rejected a few others I had that were not as attractive. Mario is a nice guy and will not waste your time if the deal doesn’t work for him.
- James M.
I found Crescent Lenders using a hard money lending directory website called Moolahlist that makes sure all the lenders on its platform are licensed and legitimate. There are so many scam lenders in the hard money lending industry, I was happy to find these guys and was even happier with the service they provided... quick and easy funding for my rehab project.
- Edward B.
I don’t usually invest in real estate but I came across a great deal in my neighborhood and could not wait on a bank to approve me because the deal would have been gone. I called a few hard money lenders and decided on Crescent Lenders. They were able to get me funding quickly at a good rate. This enabled me to make a great offer which was successful. Highly recommend!
- Jessy C.
As of June 15th, 2021

Requirements to Qualify for a Private Money Loan

As asset based lenders for real estate, we are mostly concerned with the value of the property being used as collateral rather than a borrowers credit score, property vacancies, occupancy or income.

All hard money lenders put less emphasis on things like current job status, credit score, whether someone has gone bankrupt, foreclosure, or past credit delinquencies.

This allows someone to unlock the equity they have in an asset and create leverage when they need it most.

With a hard money loan there is no standard underwriting process or hoops to jump through.

Each loan is judged on it's individual merits; where the value of the collateral is the primary consideration.

Most private money lenders will ask a borrower their overall game plan, like what they plan to use the funds for, what their exit strategy is and how the intend to pay back the lender upon maturity of the loan.

Without a solid exit strategy, the borrower will struggle to procure financing from a hard money lender.

A reputable hard money lender will always want to see you succeed in your investment business as recouping their costs via foreclosure can get expensive if the loan fails.

FAQs

We Can Deliver Rapid Financing

Between $200k and $5 million dollars

Nationwide private lender (not a broker, avoid the extra fees)

Funding loans such as purchase, refinance, rehab, probate, 1031 exchanges, cash-out

All types of investment properties considered, residential, commercial and industrial



Crescent Lenders

999 Overland Ave, Suite 116
Los Angeles, California
Phone
213-474-3131

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Disclaimer: Crescent Lenders, DBA CrescentLenders.com ("CL") is a California licensed broker under California Bureau of Real Estate License No. #01792267. Regardless of this license, CL considers itself a “finder” for purposes of applicable laws and regulations (California Business & Professions Code § 10130, et. seq.).
Crescent Lenders, 999 Overland Ave, Suite 116 Los Angeles, California