Lendia Mortgage — Specialty Loans
Hard Money Loans in California
Hard money loans are asset-based financing solutions secured by real property — where the loan decision is driven primarily by the value of the collateral rather than the borrower's income or credit profile. They are commonly used by California real estate investors, property flippers, and borrowers who need to close quickly or who do not qualify for conventional or Non-QM financing. At Lendia, we connect California borrowers with hard money lending solutions tailored to their investment timelines and property types.
Hard Money Loans At a Glance
| Feature | Details |
|---|---|
| Loan Basis | Asset / collateral value (not borrower income) |
| Typical LTV | Up to 65%–75% of property value |
| Credit Score | Flexible — collateral is primary consideration |
| Closing Speed | As fast as 5–10 business days |
| Loan Term | 6 months – 3 years (short-term) |
| Typical Rate Range | 9%–13%+ depending on risk and LTV |
| Points | 2–4 points typical |
| Eligible Properties | SFR, multi-unit, commercial, land (varies by lender) |
| Owner-Occupied | Limited — most hard money is for investment properties |
| Eligible States | California |
Hard Money Loans — Full Q&A Library
- What Is a Hard Money Loan?
- When Does It Make Sense to Use a Hard Money Loan?
- How Is Hard Money Different from Conventional or Non-QM Financing?
- What LTV Ratios Are Typical for Hard Money Loans?
- What Credit Score Is Needed for a Hard Money Loan?
- How Fast Can a Hard Money Loan Close?
- What Property Types Are Eligible for Hard Money Financing?
- What Are Typical Hard Money Loan Rates and Fees?
- How Long Are Hard Money Loan Terms?
- Can I Refinance Out of a Hard Money Loan Into Conventional Financing?
- What Documentation Is Required for Hard Money?
- Are Hard Money Loans Available for Owner-Occupied Properties?
- Who Are the Best Candidates for Hard Money Loans?