No prepay after 12 months
Los Gatos, CA
Northern California Hard Money Loan
Saratoga Capital, Inc. was the direct private money lender working with a Northern California Mortgage Broker to fund this first loan for a less than two year term. Additional property was also provided as security.
The borrowers were using the loan proceeds from an additional property for this construction project. business purposes.
Why the Broker chose Saratoga Capital, Inc.
Saratoga Capital, Inc. president responded quickly and physically viewed the property in just a matter of days. Liking what he saw and made the deal. Location was good, equity was good, and the broker was someone who had done deals with Saratoga Capital, Inc. in the past. All coming together for a quick and easy funding. A true win-win-win for Saratoga Capital, Inc., the broker and the borrower!
This is a perfect example of the benefits of a private money loan. A single decision maker who knows California real estate and has the funds available to loan immediately.
California Real Estate loans only.
We work only with Real Estate Professionals or California mortgage brokers when making our private equity loans.
Our rates are among the most competitive.
Our goal is to have continued relationships with real estate professionals and mortgage brokers in select California markets. Even after making private money loans in California for over 40 years, we are still in it for the long-haul.