Equity Loans for Los Angeles, CA

Los Angeles, CA, also known as the “City of Angels”, is a vibrant city on the West Coast of the United States. It is most popular for its glamorous entertainment industry, stunning beaches, and year-round pleasant weather. Los Angeles captivates visitors and residents alike with its palm trees and abundance of attractions. If you’re looking to purchase a home in the area, contact Saxe Mortgage Company to schedule a consultation with our hard money lenders. Whether you’re a first-time homebuyer, looking to refinance your existing mortgage, or interested in an investment property, our team of experienced professionals will work closely with you to find the best loan option that aligns with your financial goals

Benefits of Equity Loans and Commercial Loans

Equity loans are loans that allow homeowners to borrow against the equity that you have in your home. With an equity loan, you receive a few key benefits, including:

1. Fixed Interest Rates
2. Lower Interest Rates Compared to Other Loans
3. Money is Easier and Faster to Obtain

You may also be able to write your equity loan off as a tax deduction! Equity loans provide larger amounts of money in a shorter span of time, making them an ideal loan option for major home renovation projects, consolidating debt, and other scenarios that require a significant dollar figure to be paid immediately.

However, for business-related matters, commercial loans are a better avenue to take. Commercial loans provide lower interest rates and are often long-term loan options, spanning between three and 10 years, allowing you to pay back your loans slowly while you build your business. Commercial loans are also the ideal option for start-up businesses as they provide large sums that are also often unsecured, meaning that you do not have to provide collateral.

Providing Private Money & Non Owner Occupied Mortgages

Saxe Mortgage Company provides commercial lending services and more in Los Angeles, CA, and beyond. To learn more about the types of loans we provide, contact our private money lenders today.