Your Premier Los Angeles Hard Money Lenders
We are a trusted and experienced hard money lender in Los Angeles, with access to a local network of the city’s best contractors, appraisers, lawyers and title companies.
We do everything we can to contribute to our borrower’s success.
Whether you need a fix and flip loan in Malibu, a probate loan for an inherited property in Beverly Hills or need funds to refinance an apartment complex in The Pacific Palisades — we enjoy working with all types of borrowers seeking private money loans in around Los Angeles.
With over 10 million residents and boasting the 3rd largest real estate market in the world, LA is notorious for knowledgeable real estate investors with deep pockets, creating fierce competition.
Multiple offers on a property are common. A Los Angeles hard money loan can make your bid stand out, differentiating you from competitors using traditional bank loans which can take up to 30 days and often fall through.
Los Angeles Hard Money Loans
Dependable Los Angeles Hard Money Lenders
We are a direct private money lender (not a broker), based out of Los Angeles, California.
We've funded hundreds of millions of dollars in private money loans across California over the last 10 years and our experienced team has large cash reserves making us the ideal lender for your residential or commercial real estate needs.
Our competitive rates, low fees and superior service separate Crescent Lenders from the pack as your premier hard money lender in Los Angeles.
But don’t take our word for it, see what our clients have to say about us below.
Pre-Qualify for a Hard Money Loan Today
Contact us today regarding your Los Angeles private money loan scenario.
We pride ourselves on having the best customer service in the industry and you can expect to speak with one of our team members immediately and it’s possible to receive same day pre-approval.
Crescent Lenders is a direct local Los Angeles private lender (not a broker), managing our own funds which allows us to finance your deal in 5 to 7 days.
Types of Loans We Fund
Crescent Lenders provides residential and commercial hard money loans in Los Angeles and across the state of California.
We fund all types of private money loans, including:
- purchase
- bridge
- fix and flip
- refinance
- cash-out, probate, rental property and BRRRR loans
- along with any other asset based loan whereby real estate is used as collateral
Qualifying for a private money loan with Crescent Lenders is significantly easier than getting a traditional bank loan.
Our primary concern is the value of the collateral property and the loan-to-value ratio — we are not heavily focused on a borrowers credit score or employment history.
Our Hard Money 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 $2M |
| 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
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.
Los Angeles Hard Money FAQ
Why Work With Us
A Trusted Lender
Since 2011 Our CEO and Chief Underwriter Mario Padilla has funded hundreds of million of dollars in hard money loans (most of them in the Los Angeles area).
In the last 3 years he has funded over $100 million dollars of bridge loans, with this increase in demand, he has grown a team of experts in multiple domains committed to making the private money borrowing process simple and efficient.
Quick Funding
Being agile in the market place is one of the big upsides of using hard money, as it allows borrowers to capitalize on deals quicker than competitors.
With time being of the essence we act with a sense of urgency to deliver your funding as quickly as possible. Often times, if necessary we can fund deals in as little as 5 to 7 days.
A Strong Understanding of the Los Angles County Market
Two members of our team were born and raised in Los Angeles, giving us an advantage in understanding the various real estate "micro markets" within LA County.
We also understand all the locals laws and bureaucracy that inevitably comes along with owning real estate, this allows us to give you fast, accurate answers when navigating these complex realities.
The KISS Principle: Keep It Simple Stupid
At Crescent Lenders we exclusively fund private money loans in California for real estate investment projects.
Being specialized in one loan type and in one geographical region allows us to move quickly because we have a deep understanding of the regional market.
We are a small, agile company with little overhead, no politics and no bureaucracy.
Experience With Different Hard Money Loan Types
We fund all types of hard money real estate investments, including Fix and Flips, 1031 Exchanges, Refinancing, Purchases and Construction. Our broad range of past experience prepares us to service your unique funding needs.
Great Rates
Other hard money lenders can charge up to 15%, starting at 9.75%, our rates are very competitive and fair for the County of Los Angeles. This is a major reason our business has substantially grown in recent years.
Giving Back to Los Angeles County
Members of our team actively give back to the local community. For example our CEO Mario Padilla is actively involved with various non-profit organizations and charities in Los Angeles.
His charitable contributions are centered around low-income families and higher education for disadvantaged children and young adults through Charter Schools as well as Private High Schools.
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.
Suite #116, 999 Overland Ave
Los Angeles, California
90064
Los Angeles, California
90064