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Hard Money Lenders Santa Barbara

That Accelerate Your Success

Our Lending Guidelines

Interest Rates:Starting @ 9.75% (interest only)
Closing Time:5 to 7 Days
Location:Anywhere in California
Loan-To-Value :Up to 75% LTV
Amounts:$200K to $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

Santa Barbara Private Money Loans

Boats in a Marina in Santa Barbara

Crescent Lenders is a direct California hard money lender with over a decade of experience funding hard money loans in Santa Barbara County.

Lending our own money allows us to act in the fastest possible manner to get your commercial or residential real estate deal funded.

Over the past decade we have successfully funded over 100 million dollars worth of private money loans for California real estate investors.

Our longevity can be attributed to our superior customer service, competitive interest rates and low origination points relative to our competitors.

Pre-Qualify for a Santa Barbara Hard Money Loan

Santa Barbara Coastline

Call us today for a brief 5 to 10 minute conversation to get same day pre-approval.

Once terms are agreed upon, funding can be provided in as little as 5 to 7 days.

While your credit score will be factor, our primary concern is with the loan to value ratio of the property being used as collateral.

It's important for borrowers to have at least 25% down payment or equity in the property.

We Don't View Our Borrowers as Clients but Rather as Our Partners

Santa Barbara Sunset and Ocean

It’s in our best interest as the lender to have our borrowers succeed.

Therefore we will only lend money to borrowers we deem capable of making monthly interest payments and who are able to pay us back.

Everyday we encounter borrowers with unique loan requests.

Whether you want to purchase an apartment complex to rent to UCSB students in Isla Vista, would like some extra cash to renovate your family home in Montecito, or perhaps need to refinance your existing hard money loan on an office building you own in Goleta — whatever your situation, Crescent Lenders is available to assist with your Santa Barbara hard money needs.

A Santa Barbara hard money loan can be the difference between you being the winning or losing bidder on a property.

Borrowers enjoy working with us, check out our reviews below.

What Our Borrowers Say

Top-Rated Provider

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.

- Justin R.
*As of May 15th, 2023

Types of Santa Barbara Private Money Loans

Crescent Lenders works with both residential and commercial real estate investors looking to purchase investment property in Santa Barbara and elsewhere in California.

Our hard money loans are backed by a hard real estate asset, and we fund various types of loans, including:

  • Fix & Flip loans: short-term loans used to buy, renovate and sell real estate quickly.
  • Refinance Loans: used by real estate investors looking to either renew an existing hard money loan or in need of a more affordable interest rate with better terms.
  • Purchase Loans: real estate investors use these loans to quickly acquire investment properties.
  • Estate Loans: also known as an inheritance loan, trust loan or probate loan, lenders allow beneficiaries to borrow against an estate going through probate.
  • Bridge Loans: often used to purchase a new home before selling your old home.
  • Private Money Loans: otherwise known as hard money loans or bridge loans, these short-term loans are made by individuals and companies to real estate investors.
  • BRRR Loans: stands for buy, rent, rehab, refinance repeat. BRRRR loans are short-term loans used to purchase and rehab a property. Once renovations are completed the investor transitions into a long-term conventional bank loan.

Obtaining a hard money loan with Crescent Lenders is substantially easier than getting a conventional bank loan.

Our underwriting process heavily focuses on the loan to value ratio of the real estate being used as collateral.

Our objective is to find out if you:

  • have 25% or more invested in the collateral
  • have a sound exit strategy to pay us back
  • are capable of making the required monthly interest payments

About Santa Barbara

Santa Barbara is a small city burrowed between the Pacific Ocean and the Santa Ynez Mountains.

Referred to as The American Riviera, its' 100,000 residents and visitors enjoy great surfing, world-class wineries and consistently perfect weather.

However, all these great qualities of life come at a price!

Santa Barbara consistently ranks in the top 5 most expensive cities to live in the nation and consequently has some of the most expensive real estate in America.

Hard Money Loans FAQ

What Is Hard Money?

What Is a Hard Money Loan?

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.

Why Use a Hard Money Loan?

A hard money loan has advantages over a traditional bank loan:

  • the approval process is much faster (5 to 7 days vs 30 days)
  • fewer requirements
  • easier to qualify
  • flexible repayment schedules
  • better option for those with low credit scores, the self employed, or with a difficult financial history, such as a foreclosure or bankruptcy
What Determines the Cost of a Hard Money Loan?
  • experience in the fix and flip industry
  • additional sources of income
  • your exit strategy from the loan
  • and most importantly, the underlying value of the hard asset
What Types of Clients Utlise This Product?

Real Estate Investors, such as:

  • Fix and Flippers
  • Refinancers
  • Real Estate Developers
  • Construction Contractors

Our Lending Process

How Fast Can I Expect My Money?

From start to finish, the approval process can take as little as 5 to 7 business days.

How Do You Determine Rate?

Rates are determined by:

  • the underlying value of the asset
  • the location of the asset
  • how much the borrower is putting down
  • credit score
  • additional sources of income
  • property type
How Do You Value a Property?

We do your own analysis from recently sold comparable properties as well as have an appraiser visit the property.

What Is the Approval Process?

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.

What if My Credit Score Is Low?

While credit score is a factor, bad credit is not a deal breaker as many factors are considered:

  • experience in the fix and flip industry
  • additional sources of income
  • most importantly, the underlying value of the hard asset
Are There Any Types of Hard Money Loans You Don’t Fund?

Crescent Lenders does not fund land, ground-up construction or owner-occupied projects.

Our Lending Guidelines

What Is Your Max LTV?

Our maximum loan-to-value ratio is 75%.

How Much Can I Lend From Crescent Lenders?

Our loans start at $200K and go up to $5 million dollars.

What Property Types Do You Lend On?

We fund most property types, including:


  • Multi-family Investment Properties
  • Single-family Investment Properties
  • Condominiums

Commercial & Retail

  • Retail Centers
  • Office Buildings
  • Hotels & Motels
  • Healthcare & Assisted Living Facilities


  • Industrial & Warehouse
  • Parking Garages & Lots
  • Special Purpose & Mixed Use
What Lien Positions Do You Fund?

We fund both First Trust & Second Trust Deeds.

What Term Lengths Do You Offer?

6 to 60 months, (extensions are available)

What Fees Do You Charge?

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.

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

Suite #116, 999 Overland Ave

Los Angeles, California


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.).