Our Loan Types

Hard Money Loans
for San Francisco, Sacramento, CA & the Surrounding Area

A hard money loan is a loan secured by the equity of a real estate property. They are usually arranged at higher interest rates than conventional commercial or residential property loans. In reality, every hard money loan is different. There are many other factors that affect individual hard money loans, including: equity, ownership occupancy status, property type, property age and condition, deferred maintenance, location, co-borrowers, market trends, availability of lenders and other factors. Most of the factors above can be mitigated with one word: equity. 

The industry began in the late 1950s when the credit industry in the U.S. underwent drastic changes (see FDIC: Evaluating the Consumer Revolution). Hard money loans or private money loans are terms that are used almost exclusively in the United States and Canada where hard money loans or private money loans are most common. In commercial real estate, hard money loans and private money mortgages were developed as an alternative for property owners seeking capital against the value of their holdings. The speed and flexibility of the hard money or private money lender to provide the loan was the answer. The industry eventually spread to the residential markets.

At Saxe Mortgage Company, we're proud to be your partner in real estate investing and hard money lending. For more information about the types of loans we offer, including commercial loans, please feel free to get in touch with our hard money lenders today! We're proud to serve commercial clients throughout San Francisco, San Mateo, Sacramento, Los Angeles, the communities surrounding Orange County, CA and the San Francisco Bay area.