Investing in property throughout San Jose and doing it successfully means two things: 1) utilizing the finances of a reputable hard money lender and 2) embracing the expertise of seasoned professionals in the field of hard money loans – welcome to Alliance Portfolio!
Hard lender money loans are a perfect, short-term solution for California property investors who either don’t qualify for a traditional loan or want to capitalize on purchasing a time-sensitive investment property, fast.
As a private, boutique lender, Alliance Portfolio offers funding and structuring of loans for investors primarily in San Jose, San Francisco & the surrounding Bay Area, Orange County, Los Angeles, and San Diego. We utilize a common-sense approach to underwriting which means our approvals are made in-house, providing a very quick response time.
When traditional lenders can take days to approve a loan request, our hard money loans can, often, be approved within 24 hours, or less. A day too long can make the difference between a San Jose property investor making a deal or losing it.
Traditional lenders place a heavy assessment on a borrower’s credit and finances. They, also, require copies of your paycheck stubs, employment verification, and tax returns. It’s a long, drawn out process for the borrower to become approved.
At Alliance Portfolio, we streamline and simplify the entire approval process and place our focus on the existing asset and how well that property’s income can support the monthly debt – refreshingly simple.
We have more than 30 years of experience in hard lender money loans which are asset-based and not contingent on our clients’ creditworthiness.
Why a Hard Money Loan Instead of a Conventional Loan?
If we were to discuss the reasons why an investor would select a hard lender money loan over a conventional loan, we could list a myriad of reasons. But in summary:
- When a traditional lender will not approve a loan due to one’s credit, hard money lenders do. As mentioned, our loans are, often, approved within 24 hours.
- When a traditional lender will not finance 100% of the investment money required, hard money lenders are more apt to. At Alliance Portfolio, we provide loan amounts from 100K to 10M.
- Real estate investors cannot use traditional financing for distressed properties in San Jose tagged as flip homes. Alliance Portfolio, offers hard lender money for that investment option.
- A conventional loan can take up to a month, or longer, to close. We offer quick-close financing in as little as 5-10 days.
- Conventional loans are, typically, 15 to 30 year terms. Hard lender money loans provide a short-term option of 1-3 years. San Jose investors can pay off the balance as soon as a property sells.
- Institutional lenders won’t finance some property types, such as mixed-use properties, but Alliance Portfolio does.
A Full-Service Lender: Everything You Need Under One Roof
Alliance Portfolio is a full service, private lender providing clear, concise loan options with minimal paperwork. If home flipping is new to you, take heart since no prior experience is required! Whether you are a seasoned property investor or a first-timer, we offer our insight and guidance during every step of the hard-money lending process.
If you have any questions regarding our vast array of loans and services do not hesitate to give us a call. Many of our San Jose clients have qualified for our hard lender money loans with just 6 months of bank statements, and we impose no credit or debt-to-income restrictions! If you possess sufficient cash flow and have a sound exit strategy for loan repayment, you’re an excellent candidate for our products and services.
It’s important to note that hard money debts are not recorded on credit reports! This allows our San Jose clients to maintain a clean credit report and maintain their current debt-to-income ratio for any traditional financing products they may seek in the future for themselves or their families.
Our Free Resources are Always Available
Alliance Portfolio provides investment and Business Purpose Financing on SFR, Multi-Family, Mixed-Use, Commercial, and Light Industrial properties, and land properties. There is much to know, and we offer a generous selection of free resources available at any time to help our clients navigate their investment decision-making, judiciously and sensibly, towards wealth accumulation.
