Source Capital is a San Diego, California Hard Money Lender that is also a Direct Lender. They offer borrowers interest rates from 8.99% to 11.99%, poor credit is acceptable (as are bankruptcies, foreclosures and short sales), foreign nationals are accepted, no upfront fees, no prepayment penalties, minimal paperwork, 70% LTV, seven-year terms, loans from $20K to $2 million, creative financing solutions and a reputable licensed industry lender.

Their Broker support program offers direct lending without any broker, immediate responses, in-house valuations, daily updates, loan commitments within as few as 24 hours, fast closings and 70% LTV with seven-year terms.