Question 1

How fast can a hard money loan close in Emeryville?

Accepted Answer

Many hard money deals close in 5-10 business days. It depends on the lender and how complete your file is.

Question 2

What credit score do I need for hard money?

Accepted Answer

Most lenders don't have a strict minimum. The property and deal structure matter far more than your score.

Question 3

Can I use hard money for a fix-and-flip in Emeryville?

Accepted Answer

Yes — that's exactly what these loans are built for. Lenders fund acquisition and often fund rehab draws too.

Question 4

How long is a typical hard money loan term?

Accepted Answer

Usually 6 to 24 months. These are short-term by design. You need a clear plan to sell or refinance.

Question 5

Do hard money lenders require an appraisal?

Accepted Answer

Most require at minimum a broker price opinion or drive-by appraisal. Full appraisals depend on deal size and lender.

Question 6

What's the loan-to-value limit on hard money in Alameda County?

Accepted Answer

Most lenders cap at 65-75% of ARV. Higher-value properties in Emeryville may see tighter limits. Rates vary by borrower profile and market conditions.

Hard Money Loans in Emeryville, CA