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Hard Money Loans in Long Beach
What credit score do I need for a hard money loan in Long Beach?
A minimum 660 representative credit score for investment properties. Hard money focuses on the property's value, not your credit history, so approval isn't blocked by a lower score if the deal is solid.
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Long Beach's median home price sits at $1,099,455, with homes moving in 47 days on average. The $649 per square foot price point reflects a stable market with 858 active listings.
Hard money loans close in 14 to 21 days, making them the fastest option for investors buying properties that need work. Speed matters when you're competing for deals in this price range.
660
Minimum credit score
75%
Maximum LTV
$100K–$5M
Loan range
14–21 days
SRK CAPITAL close time
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Hard money loans for investment properties require a minimum 660 representative credit score. The loan-to-value ratio caps at 75 percent, meaning you'll need at least 25 percent equity or down payment in the deal.
Loan amounts range from $100,000 to $5,000,000 for up to four units. Hard money underwriting focuses on the property's value and your exit strategy, not W-2 income or employment history.
Local decision guide
Use this guide to connect hard money loans eligibility, lender expectations, and local market factors before comparing payment options in Long Beach.
Long Beach's median home price sits at $1,099,455, with homes moving in 47 days on average. The $649 per square foot price point reflects a stable market with 858 active listings.
Hard money loans close in 14 to 21 days, making them the fastest option for investors buying properties that need work. Speed matters when you're competing for deals in this price range.
Hard money loans for investment properties require a minimum 660 representative credit score. The loan-to-value ratio caps at 75 percent, meaning you'll need at least 25 percent equity or down payment in the deal.
Rate check
Tell us the price range, down payment and credit range you are working with. We compare every lender we work with and show you the options side by side.
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Hard money lenders in California price on the property itself—its after-repair value, location, and condition—rather than your credit or income. This asset-based approach opens doors for borrowers who don't fit conventional or bank lending boxes.
SRK CAPITAL shops hard money across its wholesale lender network to find the best terms for your deal. Underwriting moves fast because the focus stays on collateral, not documentation burden. Closing happens in 14 to 21 days.
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Hard money makes sense in Long Beach when you're buying a property below market value that needs renovation. At $1,099,455 median, a 75 percent LTV loan leaves room for rehab costs and profit.
It doesn't make sense if you're buying a finished home at market price or if you plan to hold long-term. The higher rate and points are tools for short-term flips and value-add plays, not buy-and-hold mortgages.
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Hard money closes in 14 to 21 days through SRK CAPITAL. Conventional loans usually take longer to close because full income documentation drives the underwriting timeline.
Conventional lenders typically require full income documentation and a larger down payment. Hard money asks for the property's numbers and your exit plan instead. Pick hard money when speed and flexibility matter more than rate.
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Long Beach sits in Los Angeles County, where the median household income is $87,760. That income level supports the $1,099,455 median home price for owner-occupants, but investment buyers operate on different math—property value and cash-on-cash return.
The area's job market includes entertainment, port operations, and aerospace. Investors looking at rental properties should factor in tenant demand and local employment trends when modeling cash flow.
FAQ
A minimum 660 representative credit score for investment properties. Hard money focuses on the property's value, not your credit history, so approval isn't blocked by a lower score if the deal is solid.
Hard money loans go up to $5,000,000 for investment properties up to four units. The conforming limit applies to conventional mortgages, not hard money. Your loan size depends on the property value and your down payment.
At least 25 percent, since the maximum loan-to-value ratio is 75 percent. On a $1,099,455 property, that's roughly $275,000 down. The exact amount depends on the property's condition and your exit strategy.
SRK CAPITAL closes hard money loans in 14 to 21 days. Speed is one of the main advantages—you can move on a deal quickly without waiting for traditional underwriting.
Yes and no—hard money underwriting is asset-based, not income-based. The lender cares about the property's value, your down payment, and your exit plan, not your W-2s or employment history.
Programs for first-time buyers that allow lower down payments and more forgiving credit and income rules.
Explore refinancing options to lower your rate, tap equity, or switch loan terms.
SRK CAPITAL in Los Angeles County
Our team of licensed mortgage brokers works Los Angeles County every week. Tell us where you are in the process and we will map out the loan, the timeline and the money you need at closing, with no obligation.
What working with us looks like
Licensed mortgage brokers
You talk with a broker, not a call center, from the first question to closing day.
17-21 day typical close
Most purchase loans close in 17-21 days once your paperwork is in.
Every county in California
We work across the state, including Los Angeles County, so local limits and rules are already familiar.
Financing solutions for rental properties, fix-and-flip projects, and real estate portfolios.
Mortgage programs with alternative income documentation for business owners and freelancers.
Federally insured or guaranteed programs (FHA, VA, USDA) that let lenders accept lower credit scores and smaller down payments.
Traditional mortgage options meeting standard lending guidelines with various term structures.
Alternative lending programs for borrowers who need flexible documentation or unique loan structures.
Side-by-side comparisons to help you choose the right mortgage program.
This page is for educational purposes only and does not constitute financial, legal, or tax advice. Mortgage rates, terms, and program availability can change and vary by borrower and property. Consult a licensed mortgage professional for guidance on your scenario.