Hard Money Lenders in San Diego .pdf
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Hard Money Lender In San Diego, California
Willshire Quinn Capital, Inc. is one of
most experienced direct hard money
lenders in San Diego with over 12 years
of hard money lending experience. We
provide hard money loans in San Diego
for real estate investors and property
owners through asset-based lending for
various real estate projects and
transactions including single family
residential, multi-family residential,
commercial and land.
Our unique approach of financing using private capital allows speed and flexibility that
traditional banking environments cannot provide. Additionally, we have a great
understanding of real estate market in San Diego. Our immediate access to capital
enables us to provide a fast and easy loan process to our clients. We use a private,
secured loan application process to provide 24 hour loan approvals and closings in less
than a week. As a direct hard money lender, we have the capability to process,
underwrite and fund every loan in our office. This allows for less paperwork before
funding your loan, thereby saving you time and money.
Types of Consumer Credit & Loans
Loan contracts come in all kinds of
forms and with varied terms, ranging
from simple promissory notes between
friends and family members to more
complex loans like mortgage, auto,
payday and student loans.
Banks, credit unions and other people
lend money for significant, but
necessary items like a car, student loan
Regardless of type, every loan – and its conditions for repayment – is governed by state
and federal guidelines to protect consumers from unsavory practices like excessive
interest rates. In addition, loan length and default terms should be clearly detailed to
avoid confusion or potential legal action.
In case of default, terms of collection of the outstanding debt should clearly specify the
costs involved in collecting upon the debt. This also applies to parties of promissory
notes as well.
Open-End & Closed-End Credit Options
The two basic categories of consumer
credit are open-end and closed-end
credit. Open-end credit, better known
as revolving credit, can be used
repeatedly for purchases that will be
paid back monthly, though paying the
full amount due every month is not
required. The most common form of
revolving credit are credit cards, but
home equity loans and home equity
lines of credit (HELOC) also fall in this
Closed-end credit is used to finance a specific purpose for a specific period of time. They
also are called installment loans because consumers are required to follow a regular
payment schedule (usually monthly) that includes interest charges, until the principal is
The interest rate for installment loans varies by lender and is tied closely to the
consumer’s credit score. The lending institution can seize the consumer’s property as
compensation if the consumer defaults on the loan.
Types of Loan
Loan types vary because each loan has a specific intended use. They can vary
by length of time, by how interest rates are calculated, by when payments are
due and by a number of other variables.
•Loans for Veterans
•Small Business Loans
•Borrowing from Retirement & Life Insurance
•Borrowing from Friends and Family
•Home Equity Loans
About Willshire Quinn Capital, Inc.
Since 2004, Wilshire Quinn Capital Inc. has been a leader in the capital
markets. Wilshire Quinn Capital serves as managing partner of the Wilshire
Quinn Income Fund, a direct portfolio lender that originates bridge loans
secured by real estate located primarily in California.
Wilshire Quinn Income Fund provides
financing to borrowers who are unable to
obtain credit from traditional lending
institutions. Our customer base is fairly
diverse; borrowers range from
corporations looking for construction
financing, to individuals who are looking
to purchase or refinance an investment