California
Hard Money Lender in California
Fix and flip, bridge, DSCR rental, multifamily and construction loans for investors across California, from a private lender that sizes the loan to the deal, not to your tax returns.
Lending in California
Hard money, bridge and DSCR loans across California
California is the most expensive investor market in the country, and that changes the math on every deal. Purchase prices are high, so loan amounts are larger and a few points of leverage make a real difference. Competition is fierce, so a buyer who can close in days has an edge over one waiting on a bank. And the state's housing rules reward investors who add units. United Funding funds the full range: fix and flip loans, bridge loans, DSCR rental loans, multifamily loans and ground-up construction loans, from Los Angeles to Sacramento.
A few California rules matter when we size a loan. Property taxes reset to the purchase price when you buy, so the tax bill on a rental is based on what you paid, not what the last owner paid. Many older buildings fall under state or local rent limits, which caps how fast rents can rise, so on a DSCR loan we look at today's rent rather than a projection. Insurance has become harder to place in wildfire areas, and the premium is part of the payment the rent has to cover. None of these stop a good deal, but they belong in the numbers from the start.
We review files in as little as 24 to 48 hours, and a loan officer confirms the loan amount with you on a short call. We lend across the US, so a California investor buying in a cheaper state can keep the same lender for both.
Coverage
Where we lend in California
Los Angeles and Orange County
Los Angeles, Long Beach, Pasadena, the San Fernando Valley and Orange County: flips of older housing stock, small multifamily, and accessory dwelling unit projects that turn one rental into two.
San Diego and the Inland Empire
San Diego County plus Riverside and San Bernardino counties: renovation projects and DSCR rentals in the markets where Southern California investors go for lower entry prices.
Bay Area and Sacramento
San Francisco, Oakland, San Jose and the Peninsula, plus Sacramento and its suburbs: value-add multifamily, bridge purchases in competitive bidding, and rentals in the capital region.
What California investors use us for
- Buying and renovating older homes in Los Angeles, the Inland Empire or Sacramento to sell, with a fix and flip loan that covers up to 100% of the rehab.
- Adding an accessory dwelling unit or converting a garage, then holding the property on a DSCR loan sized to the combined rent.
- Holding single-family and 2 to 4 unit rentals on a DSCR loan, with today's rent, the reset property tax and the real insurance quote in the payment.
- Bridging a purchase in a multiple-offer market, where closing in days wins the contract.
- Taking on a small apartment building or a mixed-use property that needs work or lease-up, and carrying it to long-term financing.
Our private money loan options
Financing for every stage of the deal
Programs for buying, bridging, renovating, building and holding, each underwritten on the property rather than your tax returns.
FAQ
Lending in California: questions
Files are reviewed in as little as 24 to 48 hours, and a bridge loan can close in as little as seven business days. In California the appraisal and the insurance binder are usually what set the pace, so order both early.
On a building covered by state or local rent limits, we size the loan to the rent the property earns today, not to a projected increase. If the current rent covers the full payment, the loan works.
Yes. Adding an accessory dwelling unit is one of the most common value-add plans we see in California. A short-term loan can fund the work, and a DSCR loan can then hold the property on the combined rent, subject to underwriting.
Yes. Most of our California deals are in the Los Angeles, San Diego, Bay Area and Sacramento regions, but we lend statewide, and across the US.
We lend to LLCs as well as to individual investors, and we answer 24 hours a day, seven days a week, including weekends and holidays.
Ready to fund your next deal?
Tell us about the property and we will come back to you with options — usually within 24 to 48 hours.