For over a decade, Crescent Lenders has been providing funding for hard money loans in Orange County and the broader Southern California region.
With some of the most competitive interest rates and lowest fees in the industry, coupled with our exceptional service, we strive to deliver an outstanding experience for our borrowers.
In the past 10 years alone, we have successfully funded over $100 million in private money loans for commercial, industrial, and residential properties.
If the fundamental aspects of your project align, we have the capability to finance it in as little as 5 to 7 days.
To ensure borrowers get the best rates, it's important to use a direct hard money lender rather than a broker.
A broker often adds additional origination points on top of the fees charged by the hard money lender. Depending on the loan size, this can result in unnecessary fees amounting to tens of thousands of dollars.
Smart borrowers opt for direct hard money lenders who have their own funds and don't need to involve multiple middlemen or deal with excessive financial regulations.
When you work with us, you'll have direct access to a straightforward decision maker who is transparent and open about the loan situation. They will inform you whether a deal can be completed or not.
Contact us today to determine if we can fund your real estate project.
Crescent Lenders funds various types of hard money loans for investment properties in Orange County and the rest of California, including:
Our qualification process for an Orange County hard money loan is easy and only requires a 5 to 10-minute phone call to determine if your deal is something we are interested in funding.
Unlike traditional mortgages funded by big banks, we place a significant emphasis on the loan-to-value ratio of the property used as collateral.
The objective of our underwriting process is to assess whether the loan is a secure investment. We are committed to your success and only fund loans in which we have a high degree of confidence.
The three main factors we consider are:
Over the last decade, we have funded hundreds of millions of dollars in loans.
See what our borrowers have to say about working with us below.
I’m a commercial real estate broker and do some fix n 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.
As a trusted and experienced private money lender in Southern California, we have established relationships with top-notch real estate attorneys, general contractors, and appraisal companies who can assist you throughout the entire process.
Ensuring the success of our borrowers is our utmost priority because when you win, we win.
Whether you have come across an undervalued home in Newport Beach that's ideal for a fix and flip, you wish to cash out on an office complex you own in Huntington Beach, or you require an estate loan for an inherited property in Irvine, Crescent Lenders is the perfect funding solution for your real estate needs.
Orange County, with over 3 million residents, is a highly sought-after tourist destination in the country. It boasts popular attractions like Disneyland, the Fashion Island shopping center, and world-famous surfing spot, the Wedge.
The real estate market in Orange County is known for being one of the most expensive in the nation, attracting a significant number of affluent individuals.
As a result, the real estate market in the area is fiercely competitive, with savvy investors vying for properties.
To gain an extra edge, real estate investors in Orange County often turn to hard money loans, which allow them to quickly secure timely investments faster than traditional banking institutions.
A hard money loan, also known as a bridge loan, private money loan or gap loan, is a loan secured by a "hard asset" like commercial, industrial or residential real estate.
It is generally a short term loan (6 to 60 months) issued by private or commercial investors.
A hard money loan has advantages over a traditional bank loan:
Real Estate Investors, such as:
From start to finish, the approval process can take as little as 5 to 7 business days.
Rates are determined by:
We do your own analysis from recently sold comparable properties as well as have an appraiser visit the property.
The approval process involves a brief phone call with Russ, to collect general background information regarding your financing needs and history.
After this pre-approval phone call your information will be verified through our underwriting process.
Once verified we will send you a term sheet and if you accept, you will receive the funds in your account.
While credit score is a factor, bad credit is not a deal breaker as many factors are considered:
Crescent Lenders does not fund land, ground-up construction or owner-occupied projects.
Our maximum loan-to-value ratio is 75%.
Our loans start at $200K and go up to $5 million dollars.
We fund most property types, including:
Commercial & Retail
We fund both First Trust & Second Trust Deeds.
6 to 60 months, (extensions are available)
We do not require any upfront fees, but charge 2 to 3 points, depending on the size and term length of the loan and a $1500 underwriting fee.
Suite #116, 999 Overland Ave
Los Angeles, California