Los Angeles Hard Money Lenders We put you first, react quickly, and offer the most competitive
hard money loan rates for those with credit and provable income issues.
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Fast Approval

As hard money lenders in Los Angeles, we can approve and close loans much faster than traditional lenders, typically in less than 2 weeks.

No Credit or Income Restrictions

Westar offers the most competitive hard money loan rates. Credit and provable income issues are rarely a problem because we loan on property equity.

Equity-Driven

We approve residential, commercial, fix and flip, and probate hard money loans based on the equity in owner/non-owner-occupied properties.

Which hard money loan is right for you?

Since 1986, Westar’s hard money lending programs have been funded by private investors as well as pension and Wall Street funds. Our approval standards for residential, commercial, fix and flip, and probate hard money loans are flexible, especially for those with credit and income issues. As a hard money lender in Los Angeles, we lend on equity to both owner-occupied and non-owner occupied properties.

Recently funded hard money loans in Los Angeles

Westar Lending Group is a hard money lender located in Los Angeles, California. We’ve been providing superior and trusted service for almost 40 years, exceptionally competitive loan rates, and quick approval turnaround times to borrowers throughout the state of California including Orange County, Ventura County, Santa Barbara County, and San Diego County. We fund residential hard money loans, commercial hard money loans, hard money loans for flipping houses, and probate hard money loans.

Rossmoor, California

Residential Hard Money Loan
Rossmoor, California

  • Property Type: Apartment Building
  • Lien Position: 3rd Trust Deed
  • Loan Amount: $375,000.00
  • Appraised Value: $815,000.00
  • LTV: 46%
  • Loan Rate: 12%
  • Loan Type: Investment Purpose
  • Occupancy: Non-Owner Occupancy
  • Term: 24 Months Interest Only

Our client owns and operates 3 bar restaurants that are located in Los Angeles. Due to COVID, he had to close his businesses and subsequently experienced substantial business losses. Cash out funds will be invested in the client’s businesses to provide working capital and operating funds in anticipation of authorizations to reopen. Read more

Rancho Cucamonga, California

Commercial Hard Money Loan
Rancho Cucamonga, California

  • Property Type: Single Family Residence
  • Lien Position: 2nd Trust Deed
  • Loan Amount: $50,000.00
  • Appraised Value: $780,000.00
  • LTV: 53%
  • Loan Rate: 12%
  • Loan Type: Investment Purpose
  • Occupancy: Non-Owner Occupancy
  • Term: 24 Months Interest Only

Our client owns a trucking business and had the chance to purchase an additional 18-wheeler truck at a great price for his trucking business. Due to a closing window of opportunity to purchase the 18-wheeler truck, our client did not have the time to arrange traditional bank financing and needed a commercial hard money loan quickly. Read more

West Hills, California

Residential Hard Money Loan
West Hills, California

  • Property Type: Single Family Residence
  • Lien Position: 1st Trust Deed
  • Loan Amount: $80,000.00
  • Appraised Value: $1,000,000.00
  • LTV: 8%
  • Loan Rate: 9%
  • Loan Type: Investment Purpose
  • Occupancy: Non-Owner Occupancy
  • Term: 12 Months Interest Only

Our Borrower had requested that our company arrange the funding of a new $80,000.00 1st Trust Deed loan on their FREE & CLEAR Subject Property in West Hills, California that will provide them the necessary funds to complete the final construction items.  The Single-Family Residence is more than 95% completed.  Following the completion of the last construction items they intend to sell the property. Read more

VIEW ALL FUNDED HARD MONEY LOANS

Get Pre-Approved Today!

Getting pre-approved for a hard money loan is simple and fast with Westar hard money lenders. We don’t have any credit or income restrictions, our rates are low, and our service is spectacular. All hard money loans are driven by the equity you have in your property.

GET PRE-APPROVED TODAY!

Recent Blogs from Westar Lending Group

Recession

Recession Anyone?

Well, that’s not a word anyone wants to hear or further read in a newspaper or online, but it’s a word that we’re all starting to read and hear all around us recently. We’ve all been through a lot over the past “2” years. Covid…
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Good Credit Equals Better Interest Rates

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Many people get stressed at just the sound of a Lender saying the words……..“We need to Check Your Credit”. A lot of people also say “Credit Doesn’t Matter” ………… until it does…….. and some people find out the hard…
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Title Insurance

Why Title Insurance is Paramount

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It just can’t be emphasized enough how important it is to obtain a Policy of Title Insurance for every type of real estate transaction. When a Buyer enters into a Contract to purchase Real Estate from a Seller, the last thing any new Property…
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EQUAL HOUSING PRIVATE LENDERS

Some products may not be available in all states. Restrictions apply. All rights reserved. Pre-qualification is neither pre-approval nor a commitment to lend; you must submit additional information for review and approval. Approval may be subject to rate increases, satisfactory title and appraisal review, and no change in financial condition.

*Refinancing or taking out a home equity loan or line of credit may increase the total number of monthly payments and the total amount paid when comparing to your current situation.

Private Lenders

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Hard Money Loan