Question 1

Can I get a hard money loan for a Victorian home in Ferndale?

Accepted Answer

Yes. Hard money lenders focus on property value and your rehab plan. Historic designation adds complexity — confirm the lender funds in Humboldt County.

Question 2

How fast can a hard money loan close in rural California?

Accepted Answer

Most hard money loans close in 7–14 days. Rural markets can add time if appraisal scheduling is slow.

Question 3

What loan-to-value do hard money lenders offer?

Accepted Answer

Most lenders fund up to 65–75% of the property's after-repair value. Strong deals with experienced borrowers sometimes get higher LTVs.

Question 4

Do hard money lenders care about my income or employment?

Accepted Answer

No tax returns or pay stubs required. The property's value and your exit strategy are what lenders evaluate.

Question 5

How long are hard money loan terms?

Accepted Answer

Terms typically run 6 to 24 months. They're not designed for permanent financing — plan your exit before you close.

Hard Money Loans in Ferndale, CA