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Hard Money Loans in Agoura Hills
Agoura Hills attracts fix-and-flip investors targeting dated ranches in Old Agoura and Morrison Ranch. Hard money makes sense here when speed matters more than rate.
Properties near the 101 corridor move fast once renovated. Investors use hard money to close in 7-10 days, then refinance out after the flip.
Lenders care about the asset, not your W-2. They'll fund 65-75% of purchase price plus 100% of verified renovation costs.
Most require 12-24 months real estate investing experience. Credit matters less than deal structure and exit strategy.
SRK CAPITAL works with 15+ hard money lenders who fund Los Angeles County deals. Some specialize in cosmetic flips, others handle ground-up construction.
Rates run 9-13% with 2-4 points upfront. Terms typically 6-18 months. Shop lenders by draw process and prepayment penalties, not just rate.
Most Agoura Hills flips fail on exit timing, not renovation budget. Run your numbers at 8-month hold minimum, even if you plan 4 months.
The lenders who approve fastest often have the worst draw processes. A lender who takes 3 extra days upfront but funds draws in 48 hours saves you money.
Bridge loans cost less but take 15-20 days to close. DSCR loans work for buy-and-hold if you can wait 30 days and need 30-year money.
Hard money makes sense when the deal requires speed or the property needs too much work for conventional financing. Once renovated, refinance to permanent debt.
Agoura Hills sits in unincorporated LA County areas with stricter permit requirements. Factor 30-45 days for permits on structural work.
Properties near Malibu Canyon see premium buyer interest post-renovation. Lenders know this and fund these deals more aggressively than inland locations.
Most deals close in 7-10 days with complete documentation. Cash-out scenarios or complicated title can push to 14 days.
Current range runs 9-13% with 2-4 points at closing. Your experience level and deal structure affect where you land in that range.
They look at it but weight the property value and your exit plan more. Scores above 600 rarely cause issues if the deal makes sense.
Yes, that's the primary use case. Lenders fund verified rehab costs in draws as work completes according to schedule.
Expect 65-75% of purchase price. Some lenders go higher for experienced investors or properties in premium Agoura Hills locations.
Mortgage financing for independent contractors and freelancers who earn 1099 income instead of traditional W-2 wages.
Mortgage programs that allow borrowers to qualify based on liquid assets rather than traditional employment income.
Non-QM loans that use 12 to 24 months of bank statements to verify income for self-employed borrowers.
Short-term financing that bridges the gap between buying a new property and selling an existing one.
Debt Service Coverage Ratio loans that qualify investors based on a rental property's income rather than personal income.
Mortgage programs designed for non-US citizens and non-permanent residents who want to purchase property in the United States.
Mortgages that allow borrowers to pay only the interest for an initial period, resulting in lower monthly payments upfront.
Financing solutions tailored for real estate investors purchasing rental properties, fix-and-flip projects, or investment portfolios.
Home loans for borrowers who have an Individual Taxpayer Identification Number instead of a Social Security number.
Adjustable rate mortgages held in a lender's portfolio rather than sold on the secondary market, offering more flexible terms.
Non-QM mortgages that use a CPA-prepared profit and loss statement to verify income for self-employed borrowers.
Home loans with interest rates that adjust periodically based on market conditions after an initial fixed-rate period.
Specialized mortgage programs designed to support homeownership in underserved communities with flexible qualification criteria.
Mortgages that meet the guidelines and loan limits set by Fannie Mae and Freddie Mac for secondary market purchase.
Financing for building a new home or making major renovations, typically converting to a permanent mortgage upon completion.
Traditional mortgage financing not backed by a government agency, offering flexible terms and competitive rates for qualified borrowers.
Innovative loan products that leverage projected home equity growth to provide favorable financing terms.
Government-insured mortgages from the Federal Housing Administration with low down payments and flexible credit requirements.
A revolving line of credit secured by your home equity that allows you to borrow funds as needed during a draw period.
A fixed-rate second mortgage that provides a lump sum of cash by borrowing against the equity built in your home.
Mortgages that exceed the conforming loan limits set by the FHFA, designed for financing high-value luxury properties.
Loans for homeowners aged 62 and older that convert home equity into cash without requiring monthly mortgage payments.
Government-backed zero down payment mortgages for eligible rural and suburban homebuyers who meet income limits.
Government-guaranteed mortgages for eligible veterans, active-duty service members, and surviving spouses with zero down payment.