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Hidden Hills sits in Los Angeles County, where the median household income of $87,760 supports a competitive real estate market. Hard money lenders focus on property value and exit strategy, not income verification or traditional credit scoring.
Hard money loans close in weeks, not months. They're designed for investors, fix-and-flip projects, and buyers who can't wait for conventional underwriting. The tradeoff is higher rates and shorter terms — typically 12 to 24 months.
14–21 days
Typical Closing
8–15%
Rate Range
20–30%
Down Payment
620 FICO
Min. Credit Score
None
Income Required
Hard Money Loans in Hidden Hills
Hard money qualification centers on the property, not the borrower. Lenders want 20% to 30% equity or down payment, a clear exit plan, and a property that appraises at or above the loan amount. Credit score matters less than it does for conventional loans.
Los Angeles County's median household income of $87,760 is irrelevant to hard money approval. Lenders skip income verification entirely. What matters: property condition, after-repair value, and your ability to repay within the loan term.
Local decision guide
Use this guide to connect hard money loans eligibility, lender expectations, and local market factors before comparing payment options in Hidden Hills.
Hidden Hills sits in Los Angeles County, where the median household income of $87,760 supports a competitive real estate market. Hard money lenders focus on property value and exit strategy, not income verification or traditional credit scoring.
Hard money loans close in weeks, not months. They're designed for investors, fix-and-flip projects, and buyers who can't wait for conventional underwriting. The tradeoff is higher rates and shorter terms — typically 12 to 24 months.
Hard money qualification centers on the property, not the borrower. Lenders want 20% to 30% equity or down payment, a clear exit plan, and a property that appraises at or above the loan amount. Credit score matters less than it does for conventional loans.
Hard money lenders in California operate outside the traditional banking system. They're private investors, hedge funds, or specialized lending firms. Approval depends on the deal, not your W-2s or tax returns.
Rates run 8% to 15% depending on loan-to-value, property condition, and borrower experience. Origination fees (2% to 5%) and points are common. Closing happens in 14 to 21 days because underwriting is minimal.
Hard money makes sense in Hidden Hills when you're buying a fixer-upper, bridging a gap between sale and purchase, or facing a tight timeline. Conventional lenders can't move fast enough for competitive cash offers or estate sales.
Hard money doesn't pencil for long-term rentals or owner-occupied homes where you plan to stay. The 12- to 24-month term and 8%+ rate mean you'll refinance to conventional within a year or two anyway. Use hard money as a bridge, not a permanent solution.
Conventional loans offer lower rates and longer terms but take 45 days to close and require full income documentation. Hard money closes in weeks with minimal paperwork but costs 5% to 10% more annually in rate and fees.
Choose hard money if timing is critical or the property doesn't qualify for conventional (too much work, too new, too old, or too risky). Choose conventional if you can wait and your income and credit are strong.
Hidden Hills is an exclusive gated community in Los Angeles County with large estates and significant renovation potential. Hard money lenders see value in the location and the ability to add square footage or modernize older homes.
The county's median household income of $87,760 doesn't reflect Hidden Hills' actual buyer pool. Hard money borrowers here are typically investors or high-net-worth individuals buying for cash-out refinance or repositioning.
Hard money lenders typically accept 620 FICO or higher, but credit matters far less than property value. A 580 score with strong equity can work. Call to discuss your specific deal.
Hard money typically closes in 14 to 21 days. Some lenders close in 7 days for all-cash scenarios. Conventional loans take 45 days minimum.
Rates range from 8% to 15% depending on loan-to-value, property condition, and your experience. Expect 2% to 5% origination fees on top of the rate.
No. Hard money lenders skip income verification entirely. They approve based on property value and your down payment or equity position, not your W-2s or tax returns.
Yes, but it's expensive for permanent financing. Hard money is a bridge tool — use it to close fast, then refinance to conventional within 12 to 24 months at a lower rate.