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Clovis sits in Fresno County with a steady investor market. Fix-and-flip activity runs active here, and speed matters when deals move fast.
Hard money fills the gap banks won't touch. Distressed properties, auction buys, and quick closings are exactly what these loans are built for.
6–24 Months
Typical Loan Term
Up to 70%
Max LTV (ARV)
Property First
Credit Focus
Interest-Only
Rate Type
Not Required
Income Docs
Hard Money Loans in Clovis
Hard money lenders care about the property value, not your tax returns. Your credit score matters less here than the deal itself.
Most lenders want 30–40% equity or a strong after-repair value. Bring a clear exit strategy — refinance or sale — before you apply.
Local decision guide
Use this guide to connect hard money loans eligibility, lender expectations, and local market factors before comparing payment options in Clovis.
Clovis sits in Fresno County with a steady investor market. Fix-and-flip activity runs active here, and speed matters when deals move fast.
Hard money fills the gap banks won't touch. Distressed properties, auction buys, and quick closings are exactly what these loans are built for.
Hard money lenders care about the property value, not your tax returns. Your credit score matters less here than the deal itself.
Hard money lenders are not banks. They are private funds and individual investors with their own rules and risk tolerances.
We work with 200+ wholesale lenders, including hard money sources active in Fresno County. Rates vary by lender, deal type, and borrower profile.
The deals that win in Clovis move fast. A hard money commitment letter can beat a financed offer every time on distressed listings.
Don't overborrow. Lenders will fund based on ARV, but your margins disappear fast if rehab costs run over. Underwrite conservatively.
Bridge loans work similarly but often come with lower rates and longer terms. If your project timeline exceeds 12 months, a bridge may cost less.
DSCR loans are better for stabilized rentals. Hard money is the right call when you need fast capital on a property that needs work.
Clovis has strong school ratings and consistent demand from families. That drives resale value on flipped single-family homes.
Fresno County rehab projects can move quickly if you have a reliable contractor. Permitting timelines affect your hold costs — plan for them.
Most hard money loans close in 5–10 business days. Speed depends on how quickly title and property docs are ready.
Credit is a factor, but lenders focus on the property and your exit plan. A weak credit score won't automatically kill the deal.
Most lenders fund single-family, multi-family, and mixed-use properties. Lenders will want a clear path to value through rehab or resale.
Most lenders cap funding at 60–70% of the after-repair value. The stronger the deal, the more flexibility lenders tend to offer.
Terms usually run 6 to 24 months with interest-only payments. Expect 2–4 points at closing plus higher interest than conventional financing.
Yes — fix-and-flip is the most common use case. Lenders here are comfortable with Fresno County rehab deals when the numbers work.