Rates as Low as 9.75%
75% LTV
Trusted 5-Star Rating on Google
Anywhere in California
Direct Lender, Not a Broker
$200K to $2M
No Upfront Fees
Self-Employed or Foreign National
Pre-Approval in Hours, Funding Within Days
Crescent Lenders is based in Los Angeles and provides hard money loans for residential and commercial investment properties throughout California.
Our decade of experience and extensive knowledge of Ventura hard money loans make us the ideal lender to fund your real estate project.
We offer borrowers competitive interest rates, minimal fees, and fantastic customer service.
With flexible lending criteria and having more money than deals, we can give borrowers quick financing to take advantage of attractive real estate opportunities.
We aim to give customers a personalized lending experience, whereby we create a long-lasting professional relationship.
Apply for a Ventura hard money loan online in minutes.
Borrowers often receive pre-approval after a short 5 to 10-minute call.
Once the hard money loan terms are agreed upon, funds can be transferred in less than a week.
Getting a Ventura hard money loan using Crescent Lenders is significantly easier and faster than being approved for a regular bank loan.
Numerous determining factors are involved in our underwriting process; however, none are more important than the loan-to-value ratio (LTV) of the real estate being used as collateral.
The higher the amount of equity a borrower has in a property, the more attractive it is for us as the lender to want to fund the deal.
Typically, the lower the LTV, the lower the risk for the Ventura hard money lender.
As lenders, our objective is to figure out:
Other factors with lesser importance to our underwriting process include a borrower's creditworthiness, employment history, and income.
While these secondary factors are considered, they will not make or break the funding for your deal.
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.
Crescent Lenders is not your typical California private money lender.
We have relationships with various Ventura County real estate professionals, including general contractors, attorneys, and property appraisers.
Our network is yours, and our goal is to create a winning scenario for both Crescent Lenders and the borrower.
Ideally, we can create a long-lasting working relationship.
Regardless of whether you want a cash-out loan for your retail property in Newbury Park or want a fix-and-flip loan for a single-family home in Thousand Oaks, or need an inheritance loan for a multi-family apartment complex in Oak Park — whatever your situation, Crescent Lenders can solve your Ventura County hard money loan problems.
Situated between Los Angeles and Santa Barbara, Ventura County is a coastal town in Southern California with roughly 1 million residents.
More than half of the city is made up of Los Padres National Forest, and most of the remaining land outside the forest is used for agricultural purposes.
Ventura County's Mediterranean climate, nice beaches, and sound school system make it a perfect place to raise a family.
A hard money loan, also known as a bridge, private, or gap loan, is 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 will do your analysis from recently sold comparable properties and have an appraiser visit the property.
The approval process involves a brief 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. 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 2 million dollars.
We fund most property types, including:
Residential
Commercial & Retail
Industrial
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.