Question 1

How fast can a hard money loan close in Arcata?

Accepted Answer

Many hard money loans close in 7–14 days. Speed depends on the lender and how quickly property valuation is completed.

Question 2

Do hard money lenders fund rural Humboldt County properties?

Accepted Answer

Some do, some don't. Lender appetite varies. Working with a broker who knows which lenders cover this region saves you time.

Question 3

What's the typical loan term for hard money in California?

Accepted Answer

Most hard money loans run 6–24 months. They are designed as short-term bridge financing, not long-term holds.

Question 4

Can I use hard money to buy and renovate a rental property?

Accepted Answer

Yes. Many investors use hard money to acquire and rehab, then refinance into a DSCR loan once the property is stabilized.

Question 5

Is my credit score checked for hard money loans?

Accepted Answer

Most lenders do a basic credit pull. A low score won't kill the deal — but major derogatory items like recent foreclosure can.

Hard Money Loans in Arcata, CA