Loading
Hard Money Loans in Hawthorne
Hawthorne sits in a redevelopment corridor between LAX and South Bay Beach cities. Investors chase properties here for proximity to aerospace employers and improving neighborhood fundamentals.
Hard money lenders fund 65-75% of purchase price on Hawthorne deals. Speed matters—most closings happen in 7-14 days versus 30-45 for conventional loans.
Fix-and-flip projects dominate hard money use here. Investors buy distressed homes near Rocket Road or Prairie Avenue, renovate in 90-180 days, then sell or refinance out.
Hard money lenders evaluate the property, not your W-2. Credit scores below 600 still qualify if the deal math works and you have skin in the game.
Expect to bring 25-35% down payment plus reserves for renovation costs. Lenders want to see an exit strategy—either a sale or refinance into DSCR financing.
Most Hawthorne hard money loans close based on after-repair value. If you're buying at $500K and the ARV hits $700K, lenders fund against that higher number.
SRK CAPITAL works with 30+ hard money lenders who fund in Los Angeles County. Rates range from 8.5% to 12% depending on experience level and deal structure.
Private lenders move faster than institutional ones. We match your Hawthorne project to lenders who know this market and have closed deals on similar properties.
Some lenders won't touch properties under $250K. Others cap at $2M. Your property location and condition dictate which lender pool we access.
First-time flippers in Hawthorne face higher rates—usually 11-12% versus 8.5-9.5% for experienced investors. Lenders charge for risk when you lack a track record.
Budget 2-4 points in origination fees. On a $400K hard money loan, expect $8K-$16K in upfront costs beyond your down payment and renovation reserves.
We see investors get burned by underestimating holding costs. Six months of interest on a $400K loan at 10% equals $20K—that eats profit fast if your flip drags.
Bridge loans offer lower rates but require better credit and slower approval. Hard money wins when you need to close in under two weeks or have credit issues.
After renovation, most investors refinance into DSCR loans at 7-8%. That permanent financing replaces expensive hard money once the property rents or reaches stabilized value.
Construction loans fund new builds but require detailed plans and contractor bids. Hard money handles rehabs faster with less documentation hassle.
Hawthorne building permits move through LA County systems. Factor 4-8 weeks for major rehab approvals—delays extend your hard money loan and increase carrying costs.
Properties near Hawthorne Municipal Airport or under flight paths face stricter noise disclosure rules. Lenders adjust LTV down 5-10% on these properties due to resale concerns.
The South Bay market moves fast when priced right. Well-executed flips near SpaceX or Manhattan Beach borders attract multiple offers, helping you exit hard money quickly.
Most lenders approve at 580-600 credit. They care more about the property value and your down payment than your credit history.
We close most deals in 7-14 days. Some aggressive lenders fund in 5 days if the property appraises clean and title clears quickly.
No income verification required. Lenders evaluate the property deal and your exit strategy, not your W-2 or tax returns.
Most lenders cap at 65-75% of purchase price. Experienced investors sometimes get 80% LTV on strong deals with proven track records.
Yes, but you need a clear exit plan. Most investors refinance into DSCR loans within 6-12 months once the property stabilizes.
Budget 2-4 origination points plus appraisal and processing fees. Total upfront costs typically run 3-5% of loan amount excluding down payment.
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.