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 Los Angeles area. We specialize in providing flexible short-term loans designed specifically for property investors and developers in need of quick capital. Our expertise lies in understanding the unique requirements of local real estate ventures, offering tailored solutions for flips, construction, and rehabilitation projects. We pride ourselves on our streamlined process and commitment to helping local clients achieve their real estate goals efficiently and effectively right here in Los Angeles. For personalized assistance with your specific project needs, please contact us at +18773003007 or visit our website at https://www.fidelityfundingcorp.com/.
Frequently Asked Questions
Q: What types of properties qualify for hard money loans from Fidelity Funding at 1100 Wilshire Blvd?
A: We typically finance residential properties (single-family homes, duplexes, townhomes) and commercial properties (office buildings, retail spaces, multi-family units) located in the Los Angeles area. The specific property type and condition are evaluated during the application process.
Q: How quickly can Fidelity Funding disburse funds for a project in Los Angeles?
A: We understand the importance of speed in real estate projects. Our streamlined process aims to get you funded as quickly as possible, often within days, depending on the loan amount and project specifics, all managed from our Los Angeles location.
Q: What are the typical loan terms offered by Fidelity Funding for real estate investors in LA?
A: Loan terms generally range from 6 months to 2 years, depending on the project details, property type, and the borrower's qualifications. We work with local investors to structure terms that best fit their project timeline.
Q: Do I need to live in Los Angeles to qualify for a hard money loan from Fidelity Funding?
A: While being a local Los Angeles investor or developer often strengthens an application, Fidelity Funding evaluates each project based on its merits and the borrower's plan for the specific property. Qualifications focus on the project's viability and the borrower's experience.
Q: What is the minimum down payment required for a hard money loan from Fidelity Funding?
A: The required down payment varies significantly based on the property value, loan-to-value ratio, project type, and the borrower's experience. Typically, down payments range from 10% to 30% of the project's total cost, but this is determined on a case-by-case basis.