With most local funding coming from LA or the Bay Area, these outside lenders are not in tune with the regional market. They treat Sacramento as a 2nd or 3rd tier city. Their rates are becoming higher and the underwriting inconsistent.
WHERE WE COME IN
Our company serves the local Real Estate community as brokers, appraisers, property managers, home builders, and now as hard money lenders. A local, consistent structured private money lending company now exists in Sacramento.