The Bay Area real estate market is prime for investing. It is an excellent time for the private money loan or the hard money loan to help investors capture some of the gains that will happen over the years to come. 

When people speak of a private money lender or hard money lender, usually, they are referring to a person or company like Saxe Mortgage who has a large sum of money and is willing to lend the money to people as long as the loan is secured by real estate. The private money lender is concerned with the borrowers ability to pay but less with regards to credit worthiness. The company is mostly concerned in lending a set amount of money according to the value of the property. The private money loan used to be designed to help people who are in a financial crisis of one sort or another, but today it is more for the savvy business or real estate investor.

There is no shortage of people who need private money and are in a financial crisis needing to borrow money today. There are thousands of people that are facing losing their homes or commercial buildings to a short sale or bank foreclosure, due to the drop in real estate values and the economy. This has made an ideal climate for the private money or hard money lender. This can be a good situation for both the lender and the borrower or the savvy business or real estate investor in the right instance.

The private money or hard money loan will be secured by the property. The private money lender will make sure his money is secure. One way is that the lender will not lend more than a certain percent of the present value of the property. This insures that if the borrower defaults, he can sell the property for at least, if not more than the original loan amount.

There are many options on lending private money. Call Saxe Mortgage today and talk to an expert who will help structure your private money loan.