By now, you know that if you are searching for a few reputable Residential Hard Money lenders then you needed look any further than California. But, of course, if finding your next lender were as easy as picking the right state, there would not be much left to discuss—so let’s get down to your lender search basics.

When looking for residential hard money lender, especially in such key states as California, you will begin to see you have more than several options to choose from. Thus, it is at that moment, you need to be able to limit your options or rather narrow your focus. Sure, this may not be revolutionary advice, but there are still a few tips and pointers to go over for your search.

For instance, during your search for the best residential hard money lenders, you may feel like a pro when you pull up your Scotsman’s Hard Money Search Engine, but do you have your search criteria lined up and ready to go? In other words, it helps to truly think about what you are trying to accomplish with your hard money financing. In doing so, you will be able to definitively click on those advance search options. Moreover, in order to do so, you need to look at your borrowing situations. This means are you an owner-occupied borrower, a builder, an investor or a legal entity—just to name a few. You also need to be clear on your potential property type—not only does this matter in general; it will also help you find the right lender for your needs.

Furthermore, you need to clear on your loan characteristic, ideal loan terms, and potential LTV percentage. Your loan characteristic matter, here, because as you know hard money can be used for a few things such as bridge loans, standard purchases, refinancing, blanket loans and for business purposes. Therefore, in order to maximize your chances of finding the right lender and eventually securing that financing, it definitely helps to hammer all these things out before you start your cursory lender search.

How to Evaluate Potential Residential Hard Money Lenders

Now that you have mastered the necessary search criteria and compiled a list of your possible lenders, it is time to evaluate your top five. The good news is that hard money lenders of any kind still need to meet your own personal criteria. This means you should be comfortable with your potential lender’s expertise, their level of transparency and the speed at which they work. It also helps to double-check licenses (especially if you choose to find your top five lenders via Google) and look for niche lenders.

Your Eligibility

Ultimately, once you have decided firmly on your future hard money lender that offers residential financing, your focus needs to shift. In other words, it may be tempting to keep looking or have one foot out your lenders door, but you are only doing yourself a disservice. Remember, finding a lender is only half of the battle—the next step is working on your eligibility.

Dennis Dahlberg Broker/RI/CEO/MLO
Level 4 Funding LLC  Private Hard Money Lender
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com
https://level4funding.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701



About the author:  Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true.


Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.