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Placerville sits in El Dorado County foothills — a market with older housing stock, rural parcels, and fix-and-flip opportunity.
Hard money lenders care about the asset, not your tax returns. That fits this market well.
10% – 13%+
Typical Rate Range
Up to 70% ARV
Max LTV
12 months
Typical Loan Term
Usually none
Income Docs Required
Flexible
Min Credit Score
Hard Money Loans in Placerville
Hard money approval is driven by the property's value and your exit strategy. Credit score matters less than the deal.
Most lenders want 30-35% equity or a solid down payment. Your plan to sell or refinance seals the deal.
Local decision guide
Use this guide to connect hard money loans eligibility, lender expectations, and local market factors before comparing payment options in Placerville.
Placerville sits in El Dorado County foothills — a market with older housing stock, rural parcels, and fix-and-flip opportunity.
Hard money lenders care about the asset, not your tax returns. That fits this market well.
Hard money approval is driven by the property's value and your exit strategy. Credit score matters less than the deal.
Hard money lenders are private — not banks. They move fast and price for risk.
SRK CAPITAL works with 200+ wholesale lenders. We find hard money sources that actually fund in El Dorado County.
The mistake I see most often: borrowers call a hard money lender with no ARV analysis. Don't do that.
Know your after-repair value before you call. Lenders lend against ARV — that number drives everything.
Bridge loans are similar but often require income documentation. Hard money skips that.
DSCR loans work for stabilized rentals. Hard money is for properties not ready to rent or sell yet.
Placerville has aging Craftsman homes and rural acreage — both asset types hard money lenders can work with.
El Dorado County's rural designation means some lenders pass. We know which ones actually fund here.
Most hard money deals close in 7-14 days. Title and appraisal are the usual bottlenecks in El Dorado County.
Credit matters less than the deal. Lenders focus on collateral value and your exit plan, not your credit score.
Fix-and-flip homes, rural parcels, and distressed properties all qualify. Lender appetite varies by property type.
Most hard money loans run 12 months. Some lenders offer 18-24 months for larger rehab projects.
Some lenders will fund raw land in El Dorado County. Expect lower LTV and higher rates than residential deals.
Extensions are possible but expensive. Have a clear exit strategy before you close — sell or refi, not hope.