Pomona Hard Money Loans

Private Money for Pomona Investors

Private money, often called hard money, is short-term financing secured by real estate. If you invest in Pomona or close by, Jay Romero of Miamar Realty can help you explore whether it fits your next purchase or project. Western University of Health Sciences and a historic downtown arts district are here as well.

Business-Purpose Uses

Typical business-purpose uses include: Rentals bought to improve, lease and later refinance. Construction or heavy renovation on investment property. Bridge financing when an investor wants to buy before selling another property. Flips: buy a dated property, improve it and sell it. Older and historic homes in Pomona can make careful renovation budgets, permits and inspections part of the lending conversation.

What Private Lenders Look At

With private money, the property secures the loan, and the lender wants a clear plan to repay within a short term, often by a sale or refinance. Rehab funds, if offered, are paid in draws. Investors in Montclair, La Verne and San Dimas can reach us the same way.

Start a Conversation About Your 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 – Pomona so we know which page you saw. Looking for property? See Pomona Homes for Sale.

Common Questions

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.

How long does it take to close?
It depends on the lender, title, escrow and valuation. We cannot promise a closing date.

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 Pomona House for Top Dollar
• Los Angeles County city guides
• Selling with Miamar Realty