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Albany sits in one of the tightest real estate markets in the East Bay. Properties move fast, and conventional financing rarely keeps pace.
Hard money fills that gap. These are asset-based loans — the property value drives approval, not your tax returns.
9% – 13%
Typical Rate Range
65% – 75%
Max LTV
600 (varies)
Min Credit Score
6 – 24 months
Typical Loan Term
5 – 14 days
Closes In
Hard Money Loans in Albany
Credit score matters less here. Most hard money lenders focus on your loan-to-value ratio and exit strategy.
Expect to put 25–35% down. The lender's security is the property — so equity is everything.
Local decision guide
Use this guide to connect hard money loans eligibility, lender expectations, and local market factors before comparing payment options in Albany.
Albany sits in one of the tightest real estate markets in the East Bay. Properties move fast, and conventional financing rarely keeps pace.
Hard money fills that gap. These are asset-based loans — the property value drives approval, not your tax returns.
Credit score matters less here. Most hard money lenders focus on your loan-to-value ratio and exit strategy.
Hard money lenders are not banks. They're private funds and individual investors with their own underwriting rules.
We work with 200+ wholesale lenders. On hard money, that network means real rate competition — not just one private lender's terms.
Most investors overpay on hard money because they go direct to one lender. Shopping three lenders can move your rate by a full point.
In Albany, rehab deals are common near the Solano Ave corridor. Lenders will want a detailed scope of work and a solid ARV — after-repair value.
Bridge loans and hard money are close cousins. Bridge loans usually carry slightly better rates and suit cleaner deals with minimal rehab.
DSCR loans are the better long-term play once you stabilize the property. Hard money gets you in — DSCR gets you permanent financing.
Albany is a small city — under two square miles. Inventory is limited, which drives investor interest in value-add properties.
Alameda County has strong rental demand. That matters when lenders evaluate your exit strategy on a hard money deal.
Most hard money loans close in 5–14 days. Speed depends on clear title, a solid appraisal, and clean borrower docs.
Many lenders will go down to 600 or lower. The property equity and your exit plan carry more weight than your score.
Rates typically run 9–13% with 1–3 points upfront. Rates vary by borrower profile and market conditions.
Yes — fix-and-flip is the most common use case. Lenders will want your rehab budget and a realistic ARV before funding.
Most terms run 6–24 months. These are short-term by design — you sell or refinance before the loan matures.
Most lenders offer extensions for a fee. Plan your timeline conservatively — extension costs add up fast.