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Irwindale sits in Los Angeles County where the median household income of $87,760 supports homes in the $600K–$900K range. Hard money loans serve buyers and investors who need speed over traditional underwriting—typically for fix-and-flip projects, bridge...
Hard money lenders in California focus on the property's value and equity, not credit scores or income verification. Loans close in 7–14 days instead of 30–45.
7–14 days
Typical Close Timeline
8–12%
Interest Rate Range
20–35%
Down Payment Required
None
Credit Score Requirement
2–4 points
Upfront Points Cost
Hard Money Loans in Irwindale
Hard money lenders don't require a minimum FICO score or debt-to-income ratio. They underwrite on property equity and exit strategy.
Los Angeles County's median household income of $87,760 doesn't constrain hard money borrowers—lenders ignore income entirely. What matters: down payment (typically 20–35%), the after-repair value (ARV) of the property, and a clear plan to sell or refinance...
Local decision guide
Use this guide to connect hard money loans eligibility, lender expectations, and local market factors before comparing payment options in Irwindale.
Irwindale sits in Los Angeles County where the median household income of $87,760 supports homes in the $600K–$900K range. Hard money loans serve buyers and investors who need speed over traditional underwriting—typically for fix-and-flip projects, bridge...
Hard money lenders in California focus on the property's value and equity, not credit scores or income verification. Loans close in 7–14 days instead of 30–45.
Hard money lenders don't require a minimum FICO score or debt-to-income ratio. They underwrite on property equity and exit strategy.
California's hard money market is fragmented. Private lenders, real estate investment firms, and specialized finance companies each have different rate sheets and terms.
Retail banks don't offer hard money. You need a broker or direct lender relationship. Loan approval depends on the property appraisal and your exit plan, not your W-2s.
Hard money makes sense in Irwindale when you're buying a distressed property below market value and need to close before a conventional lender can underwrite. A $500K fixer with 25% down and a solid rehab plan closes in two weeks.
Hard money doesn't make sense if you're a primary residence buyer with stable income and good credit. The 8–12% rate and 2–4 points cost $20K–$40K on a $500K loan. Conventional financing at 6–7% saves you $15K–$25K in year one alone.
Conventional loans in Irwindale run 6–7% with 45-day closes and full income verification. Hard money runs 8–12% with 7–14 day closes and no income check. Pick conventional if you have time and stable W-2 income. Pick hard money if the deal expires in 30 days.
FHA loans require 3.5% down and 580+ FICO but take 30–40 days and carry lifetime mortgage insurance. Hard money needs 20–35% down, no credit floor, and closes in two weeks. FHA works for owner-occupants buying a primary home.
Irwindale is an industrial and commercial hub in Los Angeles County with limited residential inventory. Most hard money deals here are commercial rehabs, light industrial conversions, or small multifamily projects.
The county's median household income of $87,760 supports $600K–$900K owner-occupied homes, but hard money borrowers in Irwindale are typically investors, not homebuyers.
No minimum credit score. Hard money lenders ignore FICO entirely and underwrite on property equity and exit strategy. Your down payment and the after-repair value matter far more than your credit report.
Typically 20–35% down. A $500K property requires $100K–$175K down. The exact amount depends on the property condition, your exit plan, and the lender's loan-to-value limit (usually 65–75%).
7–14 days is standard. Some lenders close in 5 days if you have proof of funds and a solid property appraisal. Conventional loans take 45 days. Speed is hard money's biggest advantage.
8–12% interest rate and 2–4 points upfront. On a $500K loan, that's $10K–$20K in points plus $40K–$60K in annual interest. Use hard money for deals where the profit margin justifies the cost.
No. Hard money lenders don't verify income or employment. They want proof of funds for your down payment and a detailed exit plan (sale timeline or refinance strategy). That's it.