Question 1

Can I get a hard money loan on a Fortuna fixer-upper?

Accepted Answer

Yes, if the numbers work. Lenders look at ARV and your rehab plan. Weak comps or overestimated ARV will kill the deal.

Question 2

What credit score do I need for hard money in Humboldt County?

Accepted Answer

Most hard money lenders don't have a firm credit minimum. The property and your equity position matter far more than your score.

Question 3

How fast can a hard money loan close in Fortuna?

Accepted Answer

Many deals close in 5-10 business days. Rural appraisals can slow things down — plan for that upfront.

Question 4

What's a typical hard money loan term?

Accepted Answer

Usually 6 to 24 months. These are short-term tools, not long-term financing. Have your exit ready before you close.

Question 5

Can I refinance out of hard money into a DSCR loan?

Accepted Answer

Yes, that's a common exit strategy. Once the property is stabilized and rented, a DSCR loan can replace the hard money bridge.

Hard Money Loans in Fortuna, CA