Riverside County Private Money Mortgage Lenders


Below is a list of private money mortgage lenders that will lend against residential and commercial real estate throughout the Riverside County / Inland Empire, including Palm Springs, Corona, Norco, Riverside, Moreno Valley, Lake Elsinore, and other neighborhing cities. Click here for other counties in Southern California. Click on a private lender's name below to see their criteria and contact information.
Lender Name   Property Types Loan Types Amount Max. LTV Rates  
Noelle W. Residential, Commercial, Land Purchase, Refi, Rehab, 2nd's, Owner & Non-Owner Occ. $20K - $5M 75% 7.99 - 15%
Matt M. Residential and Commercial Purchase, Refi, Cash Out, Rehab, Construction, 1st or 2nd $200K - $10M 75% 9 - 12%
Sasha M. Residential and Commercial Purchase, Refi, Cash Out, Rehab, Construction, 1st only $250K - $10M 70% 8 - 12%
Carl M. Residential and Commercial Purchase, Refi, Cash Out, Owner & Non-Owner, 1st & 2nd TD $50K - $2M 70% 7.99 - 12%
Larry P. Commercial, Residential, Land Purchase, Refinance, Bridge Loan, Rehab, Construction $400K - $10M 70% 7.99 - 10.99%
Elliot S. Commercial and Residential Refi, Cash Out, Purchase, 1st or
2nd Trust Deed, Construction
$1M - $10M 75% 7.99 - 15%
Vance H. Residential, Commercial, Land Purchase, Cash Out Equity, Bridge Loans, Construction $100K - $7M 65% 8 - 12%
Sohail Z. Commercial and Residential Acquisition, Equity Cash Out, Refi, Construction, Rehab, Notes $1M - $10M 65% 7.0 - 9.25%

Click on a lender's name to see their guidelines and contact information.  You can call or email them directly.


Recently Funded Hard Money Bridge Loans for Real Estate in Riverside County:


Mountain Center -  $30,000  -  Private Money 2nd Mortgage for Owner-Occupied Home

Lender: Noelle W.property photo

$30k private hard money bridge loan secured by a 2nd trust deed on a residential property in Riverside County, CA. The subject property is a 4 bedroom, 2 bath home in a quaint "home away from home" area known as Mountain Center, which is just a short 30 minute drive from Palm Desert. The Borrower needed the funds for working capital in his business. The home is his primary residence, worth around $225K with a $139K 1st mortgage balance. The combined LV is 75%. The interest rate is 15% (25% APR) and the term is 1 year. Noelle was able to Fund this loan in just 1 week. This private mortgage was funded in July 2014.

La Quinta, CA -  $3,450,000  -  Private Money Construction Loan for Luxury Spec Home

property photo Lender: Larry P.

$3.45M construction loan for a high-end spec home at The Madison Club, an exclusive golf course community in La Quinta, just south of Palm Desert. The Borrowers are very experienced with developing luxury homes. They are building an 8,600 square foot golf course-front home with a terrific, contemporary design and exceptional views. The home will have 5 bedrooms, 6 ½ baths, a pool, spa and lushly landscaped grounds. The estimated finished value is over $7 million. This private mortgage was funded in July 2014.

Thousand Palms, CA -  $400,000  -  Private Money Refinance Loan for Industrial Building

property photo Lender: Vance H.

$400K private money bridge loan secured by an owner-occupied industrial building in Thousand Palms, CA. The Borrower's previous 1st mortgage was coming due and they needed to fund fast. Their 1st mortgage was paid off, and they received some cash out for business operating capital. The LTV for this new 1st mortgage is 65%. The loan term is 2 years. Although most of this lender's private money lending is done in Northern California, they do consider properties in Southern California as well. This private money loan was funded in June 2014.

Palm Desert, CA  -  $1,300,000  -  Private Money Refinance of 2 Residential Lots

Lender: Larry P.

Refinance of a maturing seller-carryback loan on two high-end residential lots in Palm Desert’s exclusive community of Bighorn. The sponsor required short-term financing to retire the existing debt while developing plans to build two luxury spec homes. Their available capital was much better utilized within their primary business, and banks have all but forgotten how to finance high-end lots, let alone provide spec construction financing on what will be $5m+ homes. Lender was able to fund this loan within 1 week.

Palm Springs, CA  -  $1,200,000  -  Hard Money Construction Loan for Luxury Spec Home

Lender: Carl M.

Hard money bridge loan for $1.2 million on a 7,000+ sq. ft. new construction spec home. The borrowers needed to refinance their construction loan which had matured, and cash out some equity to put the finishing touches on the project. The borrower illustrated his ability to service the bridge loan based on his timely payments with his previous construction lender. Carl was able to refinance the existing debt of about $1 million and offer cash out of $200k with a similar payment they had with their construction loan. Carl and his investors felt comfortable with the project and its principals and the value upon completion so he made the bridge loan. The property will be listed and sold. This bridge loan was funded in March 2013 by a hard money lender based in San Diego.

All information herein is believed to be correct, but we do not guarantee its accuracy and rely on prospects to rely only on their own investigations.
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