In the early days when hard money lending was not yet that popular, many people go to different banking institutions to apply for their loans, either for a brand new house, for a commercial building, for a new car, or even for money needed for their children’s education. This has been also happening in California and in different US states. Banking institutions can provide you with a loan only if you have the complete set of requirements and only if you have a good credit score or history. California hard money lenders, on the other hand don’t look at your credit history and they don’t require you to submit too many documents before your loan could be approved. They only look at the property that you can use as collateral and if it has a good market value if in case you can’t pay back the money you have loaned from them.