Lending Resources
From the Blog
3 Types of Real Estate That Could Benefit From Hard Money Loans
It's no secret in the world of real estate that using hard money loans can be a smart and profitable way to fund your investments. Real estate is a field that...
Read More
Top 3 Reasons Why Real Estate Investors Like Hard Money Loans
One of the most popular forms of financing for real estate investors, without a doubt, is the hard money loan. But what makes hard money loans so highly...
Read More
5 Questions to Ask a Potential Hard Money Loan Lender
If you are looking to take out a hard money loan, it is important that you do the proper research before choosing a private hard money lender. While hard...
Read More
Commercial and Residential Property Loan Products for a Wide Variety of Needs
We are proud to offer an extensive lineup of loan packages to suit almost any lending need, including loans on commercial and residential properties for various purposes. Have a look at our offerings and feel free to contact us if you have any questions.
A business purpose loan includes, but is not limited to, a loan to acquire, maintain, or improve rental property; a loan to purchase, repair, or improve real property for use in the borrower’s business; a loan secured by a residential property to purchase equipment, machinery, inventory, supplies, rent, taxes, fixtures or furnishings used in the borrower’s business; for operating capital, employee salaries and other related business expenses; or to pay off or refinance business debts.
A consumer purpose loan is a loan primarily for “personal, family or household use.” Such loans include, but are not limited to, loans to purchase, remodel, repair or improve a principal residence or a second home; a loan to purchase furniture, furnishings, appliances, or other goods for consumer use; to pay or consolidate personal or family debt or credit cards; for education purposes, vacations, medical expenses, etc.
We make short term, equity-based loans on commercial properties in major metro markets of California. We lend against the following property types: multi-family 5+ units, office buildings and light industrial properties. We lend to individuals, trusts, LLC’s, corporations, partnerships and foreign nationals.
From adding an accessory dwelling unit (ADU) to an investment property, to building a spec home from the ground up, we can help our clients obtain the financing needed to complete the project.
A bridge loan is a temporary loan with a maturity of 12 months or less connected with the acquisition of a dwelling intended to become the consumer’s principal residence. An example of such loan is a loan to finance the purchase of a new dwelling where the consumer plans to sell a current dwelling within 12 months.
Hard Money Loans in Texas
Maggio Capital now offers residential, non-owner occupied business purpose loans in the great state of Texas.
