Ontario Hard Money Loans

Hard Money Loans in Ontario

Investors in Ontario sometimes need financing a bank will not offer for a property in rough shape. Miamar Realty and broker Jay Romero help investors look for private money for business-purpose projects across San Bernardino County. The I-10, I-15, and SR-60 serve the city, and the Ontario Ranch area in the south has many new master-planned neighborhoods.

Business-Purpose Uses

Typical business-purpose uses include: Buy-and-hold rentals that may later move to longer-term financing. Bridge financing between one property and the next. Construction or heavy renovation on investment property. Fix-and-flip loans for the purchase and sometimes the rehab. In Ontario, HOA approvals and rental rules can shape a project, so they belong in the plan you show a lender.

How Asset-Based Lending Works

Private lenders focus on the real estate and the exit strategy rather than only on bank-style guidelines. Expect questions about the price, the work budget, the after-repair value and your payoff plan. We also serve investors in Chino, Eastvale and Montclair.

Talk With Jay About Your Ontario Project

Send us a text with the property city and what you plan to do, or call or text Jay at (949) 822-8702. Please mention Hard Money Page – Ontario so we know which page you saw. Looking for property? See Ontario Homes for Sale.

Common Questions

Can the loan be made to my LLC?
Many private lenders lend to LLCs and other entities. Ask your attorney or tax advisor how to hold title.

Does it cost more than a bank loan?
Usually yes. Private loans tend to have higher rates, points and fees than bank financing. Exact terms come only from the lender.

Private, business-purpose loans for non-owner-occupied real estate only, not for a home you will live in. Funded by third-party private lenders or investors, not by Miamar Realty. They usually cost more than bank loans and may end in a balloon payment. If you cannot sell or refinance in time, you could lose the property. This is not a commitment to lend. All loans are subject to lender approval, property review and underwriting, and not all applicants qualify. If Jay is also your agent, he may be paid in both roles. You may use any lender. Jay Romero, DRE 01343079, Miamar Realty. Real estate broker, California Department of Real Estate. Equal Housing Opportunity.

Keep Exploring

• Sell Your Ontario House for Top Dollar
• San Bernardino County city guides
• Selling with Miamar Realty