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Novato sits at the northern edge of Marin County. Properties here move fast and competition from cash buyers is real.
Hard money loans — asset-based short-term financing — let investors act like cash buyers. Speed wins deals here.
6 – 24 Months
Typical Loan Term
65% – 70%
Max LTV (typical)
Asset-Based
Credit Flexibility
Usually None
Income Docs Required
5 – 10 Business Days
Estimated Close Time
Hard Money Loans in Novato
Hard money lenders care about the property, not your tax returns. Your loan-to-value ratio matters most.
Most lenders want to see 25-35% equity or down payment. Strong collateral can offset credit issues.
Local decision guide
Use this guide to connect hard money loans eligibility, lender expectations, and local market factors before comparing payment options in Novato.
Novato sits at the northern edge of Marin County. Properties here move fast and competition from cash buyers is real.
Hard money loans — asset-based short-term financing — let investors act like cash buyers. Speed wins deals here.
Hard money lenders care about the property, not your tax returns. Your loan-to-value ratio matters most.
Retail banks don't do hard money. Private lenders and funds set their own terms — and they vary widely.
At SRK CAPITAL, we work with 200+ wholesale lenders. That means more options and sharper pricing for Novato deals.
The biggest mistake investors make: waiting too long to line up financing. Have your hard money source ready before you make an offer.
Marin County properties rarely sit. If you're underwriting a fix-and-flip in Novato, know your exit strategy before you close.
Hard money moves faster than a DSCR loan or conventional investor loan. But it costs more — higher rates and short terms.
Bridge loans are similar but often have lower rates for stabilized properties. Construction loans work better for ground-up builds.
Novato is one of Marin's more affordable entry points. That makes it attractive for value-add investors eyeing older inventory.
Marin County permitting can be slow. Factor that into your renovation timeline — hard money terms are unforgiving on extensions.
Many private lenders close in 5 to 10 business days. Having your property info and rehab budget ready speeds things up.
Most lenders go up to 65-70% LTV on Novato properties. Some will lend on after-repair value for renovation projects.
Yes — fix-and-flip is the most common use case. Lenders evaluate the purchase price, rehab scope, and estimated resale value.
Rates vary by lender, property, and borrower profile. Rates vary by borrower profile and market conditions — expect pricing above conventional loans.
Most do a soft pull to screen for major red flags. But a low score won't disqualify you if the collateral is strong.
Most lenders offer extensions — for a fee. Negotiate extension terms before you close, not after your deadline passes.