Question 1

How fast can a hard money loan close in Avenal?

Accepted Answer

Many hard money loans close in 5–10 business days. Rural locations can add time if an appraisal is required.

Question 2

Do I need good credit for a hard money loan?

Accepted Answer

Credit matters less than the deal's equity. Most lenders focus on the property value and your exit strategy.

Question 3

What's a typical hard money loan term?

Accepted Answer

Most run 6–18 months. They're short by design — you're expected to flip or refinance before the term ends.

Question 4

Can I use hard money to buy a rental property in Kings County?

Accepted Answer

Yes, but hard money is expensive long-term. Most investors use it to acquire, then refinance into a DSCR loan.

Question 5

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

Accepted Answer

Typically 65–75% of the property's value. Some lenders also factor in the after-repair value for renovation deals.

Hard Money Loans in Avenal, CA — Fast Capital for Investors