Contact Information
Address:
1100 Wilshire Blvd APT 2606, Los Angeles, CA 90017, United States
Hard money lender Los Angeles Hard money loans California Private money loans California Private money lender Second position loans
1100 Wilshire Blvd APT 2606, Los Angeles, CA 90017, United States
Fidelity Funding, located at 1100 Wilshire Blvd APT 2606, Los Angeles, CA 90017, is a dedicated hard money lender serving the local community. We specialize in providing flexible short-term loans to Los Angeles property investors, real estate developers, and homeowners requiring quick access to capital. Our expertise lies in evaluating properties accurately and offering tailored financing solutions for your specific real estate ventures within Los Angeles. We understand the unique needs of the local market and pride ourselves on prompt service and personalized support for our clients right here in Los Angeles.
Frequently Asked Questions
Q1: What types of properties qualify for hard money loans from Fidelity Funding in Los Angeles?
Typically, properties used as collateral for hard money loans from Fidelity Funding in Los Angeles include residential flips, commercial properties, vacant land, and pre-existing businesses. The specific property type and condition are assessed during the application process.
Q2: How quickly can Fidelity Funding process a hard money loan application for a Los Angeles client?
We understand the need for speed in the Los Angeles real estate market. While processing times can vary based on the complexity of the loan and the completeness of the application, Fidelity Funding aims to provide a decision and disbursement as quickly as possible, often within a few days for qualified Los Angeles borrowers.
Q3: What are the typical loan amounts offered by Fidelity Funding for hard money loans to local Los Angeles borrowers?
Loan amounts offered by Fidelity Funding in Los Angeles generally range from $50,000 to several million dollars. The specific amount depends on the value and condition of the property being used as collateral, the borrower's experience, and the loan-to-value ratio required.
Q4: How is the interest rate and fee structure determined for hard money loans in Los Angeles by Fidelity Funding?
The interest rate and fees for hard money loans from Fidelity Funding in Los Angeles are based on factors such as the loan amount, loan-to-value ratio, property type, the borrower's experience, and the loan term. These terms are clearly outlined in the loan agreement.
Q5: Does Fidelity Funding offer guidance or consulting for first-time hard money borrowers in Los Angeles?
Yes, Fidelity Funding provides guidance to borrowers in Los Angeles. We can discuss your specific project and loan requirements, explain the process, and answer questions to help you understand how hard money loans work for your situation in the Los Angeles area.