A repeat client returned to Source Capital Funding looking for financing on an investment property in the historic movie colony district in Palm Springs, California. The borrower stressed the urgency to close quickly as there were multiple offers on the home. With the help of our firm, the borrower was able to close in less than six days and secure the property to rent to tenants after a small remodel was performed. Our ability to close quickly is paramount to many of our clients and this successful transaction was a perfect example.
As a direct lender, Source Capital Funding, Inc., specializes in funding hard money loans secured by residential and commercial real estate. We are well-capitalized, have funded over $250M in real estate and have an impeccable reputation with the Better Business Bureau. With competitive pricing and the ability to offer creative financing and fund quickly, Source Capital is the leader in private financing.