Bad Credit Private Money Loans in Santa Barbara

Advanced Funding Solutions offers quality private money loans in the Santa Barbara area. There are many benefits for individuals trying to get approved for this type of loan. You can enjoy receiving the money you need to improve your real estate property so that you can resale it again in the future for a higher price.

Bad Credit Approved
If you have bad credit, you can still be approved for this type of loan. It is based on a percentage of your real estate instead of your credit score. Since hard money lenders are taking a risk on lending money to people with less than perfect credit, they can feel safer knowing that the loan is backed by real estate. You do not have to worry about not getting approved for a loan as long as you have collateral to secure it.

Fast Approval Times
When you are dealing with private money loans, you can expect fast approval times. Instead of having to go through the long process to get a conventional loan, this loan is a quicker option. The application process is fast as well as the closing process.

Fair Loan Amounts
You can receive a premium loan amount depending on the value of your real estate. You can use the money that you receive to repair your property and much more. Santa Barbara Private money lenders can help you get the amount of money that you need.

When you choose a trustworthy loan company, you can be sure that you will receive your money quickly. Real estate flippers and investors can appreciate hard money loans, and they can improve their real estate so that it will be worth more money. If you are interested in a hard money loan, you can enjoy receiving it fast by a trustworthy company that cares about its customers.

Read More


Summit Funding – VA Loans – Calstrs

We are happy to serve the men and women who have served and are currently serving our country’s Armed Services. Our primary mission is to deliver an exceptional borrower and lending experience within the Mortgage Industry. We offer several services and benefits for active duty, reservists, veterans, National Guard members, and surviving spouses who may qualify for a VA home loan. At Summit Funding we endeavor to offer the following for VA loan applicants:

  • 100% gift funds accepted
  • No down payment required
  • Seller contribution: up to 4%
  • Loans within a 30-day close time
  • Owner occupied – “Primary residence.”
  • Possible 100% financing of your purchase
  • In some cases, the seller pays for closing costs
  • No mortgage insurance required through our program

Have a current calSTrs home loan? By utilizing the “VA Interest Rate Reduction Refinance Loan,” we can lower your rate with minimal to no documentation. Also, no appraisal required. We can still reduce your payments even if you are credit challenged or if you have experienced a decrease in the value of your home. Summit Funding has courteous and knowledgeable agents, and support staff that solely specializes in VA arrangements and transactions. Moreover, we can lower your rate with “no money out of pocket”. An IRRRL (Interest Rate Reduction Refinance Loan) is constructed to refinance a property for which you have previously used your loan eligibility. For this type of loan, a new “Certificate Of Eligibility” is not required. We would only need the COE that was originally used to purchase the home. If, you do not have the original COE, we can electronically acquire your Certificate of Eligibility direct from the Department of Veterans Affairs.

We have been in the business of facilitating the best possible outcome for our customers since 1995. Our founder and CEO, Todd Scrima, created this company to employ a team of home loan experts and professionals to implement a better way of obtaining home loans for prospective buyers. Summit Funding is committed to finding solutions toward securing lower va home loan rates and providing useful information for our customers, and purposefully making customer service our focus and drive.

Read More

Hardmoney Lender Rates in Ventura County

private moneyIf you are having trouble with the traditional financial banking structure, then you may be in need of Ventura County hard money lenders. Do not let the billion-dollar advertising campaigns of large banks fool you into thinking that they are the only alternative for getting cash flow into your personal life. Advanced Funding Solutions are your private money lenders in tough times when everyone else has turned their back on you.

It is common knowledge in the financial world that you do not loan money to people who actually need it. This is not philosophy of private money lenders, and it is definitely not the philosophy that Advanced Funding Solutions has cultivated in its many years in the industry. On the contrary, private money loans that are made through this process are incredibly easy to initiate and pay back. You may find that you do not want to go back to the traditional financial structure once you do business with us.

First of all, you will find that the process is much easier for people with bad credit. We understand that people make financial mistakes in their lives. We do not think that you should be punished for past financial mistakes for the rest of your life. This is why we ensure that the application process is as short and painless as possible for you. We want you to come back whenever you need money, and we do not pride ourselves on scaring off customers before they even do business with us.

You will also find that do not have Big Brother looking over your shoulder when you borrow money. You will be able to apply your loan to any part of your life that you deem necessary. Pay back bills, go back to school or use the loan as a way to expand your real estate. There is no limit on what you can do when you do business with a private money lender who has your best interests at heart.

We are here to help you out of dark financial situations. Make sure that you look us up online or give us a call immediately.

Read More