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Alhambra sits in a dense LA County submarket where investors move fast. Hard money is often the only tool that closes in time.
Fix-and-flip and buy-and-hold plays are both active here. Asset-based lending fits both strategies without the wait of conventional underwriting.
6 – 24 Months
Typical Loan Term
Up to 70%
Max LTV
600s or Below OK
Credit Flexibility
7 – 14 Days
Close Timeline
Varies by Deal
Rate Type
Hard Money Loans in Alhambra
Hard money lenders underwrite the property, not the borrower. Your credit score matters less than the deal's numbers.
Most lenders want a loan-to-value (LTV) under 70%. Strong equity in the deal is your real qualification.
Local decision guide
Use this guide to connect hard money loans eligibility, lender expectations, and local market factors before comparing payment options in Alhambra.
Alhambra sits in a dense LA County submarket where investors move fast. Hard money is often the only tool that closes in time.
Fix-and-flip and buy-and-hold plays are both active here. Asset-based lending fits both strategies without the wait of conventional underwriting.
Hard money lenders underwrite the property, not the borrower. Your credit score matters less than the deal's numbers.
Hard money lenders vary widely on rates, fees, and draw schedules. Working with a broker who knows which lenders fund in LA County saves real money.
We work with 200+ wholesale lenders, including private capital sources that specialize in LA-area investor deals. Rates vary by borrower profile and market conditions.
The deals we see fall apart at draw disbursement, not at closing. Know your lender's rehab draw process before you sign.
Alhambra properties move quickly. Having a pre-approval letter from a hard money lender in hand before you make an offer is a real competitive edge.
Bridge loans and hard money loans are cousins. Bridge loans typically have lower rates but stricter requirements.
DSCR loans work better for stabilized rentals. Hard money is for acquisition and rehab — once the property cash flows, you refinance out.
Alhambra has a mix of older single-family homes and small multifamily properties. Both are common targets for hard money-funded rehabs.
LA County has strict permitting timelines. Factor permit delays into your loan term — a 12-month loan can get tight on a gut renovation.
Most hard money loans close in 7 to 14 days. Speed depends on how quickly the lender can complete the property appraisal.
Many hard money lenders will fund with scores in the 600s or lower. The deal's collateral matters far more than your credit file.
Yes, but hard money is short-term. Most investors use it to acquire and stabilize, then refinance into a DSCR loan.
Most lenders stop at 65–70% LTV on the as-is value. Some will lend on ARV — after-repair value — for experienced borrowers.
No, but most lenders prefer it. Borrowing in an LLC protects you personally and keeps your investment activity separate.
Terms usually run 6 to 24 months. Match the term to your realistic rehab and resale or refinance timeline.