Question 1

How fast can hard money close on a Dublin property?

Accepted Answer

Most hard money lenders close in 2–4 weeks. Conventional loans take 30–45 days. Speed depends on appraisal turnaround and your readiness to submit documents. If the deal is solid and you're organized, 10–14 days is possible.

Question 2

What credit score do I need for hard money in Dublin?

Accepted Answer

Hard money lenders typically want 600+ FICO, but some go lower on strong deals. Credit matters less than property value and your exit plan. A 550 FICO with a solid fix-and-flip project may work; a 750 FICO on a weak deal might not.

Question 3

How much down payment is required for hard money?

Accepted Answer

Expect 20–30% down on most deals. Some lenders go 15% on strong properties or experienced investors. The lender's loan-to-value limit and the property's condition drive the number. Bring proof of funds or a credit line.

Question 4

What happens if I can't repay the hard money loan in 12 months?

Accepted Answer

Most lenders allow extensions or refinancing if the property is on track. Some charge extension fees or higher rates. Plan your exit carefully—sale, refinance to conventional, or cash-out. If you default, the lender forecloses on the property.

Question 5

Is hard money cheaper than conventional for a fix-and-flip in Dublin?

Accepted Answer

No. Hard money costs 8–15% interest plus fees; conventional runs 5–7%. But hard money closes in weeks while conventional takes 45 days. On a fast flip, hard money's speed can save money even at a higher rate. Run the full project timeline.

Hard Money Loans in Dublin: Fast Funding for Non-Traditional Deals