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Greenfield sits in the Salinas Valley — ag-heavy, underserved by traditional lenders, and full of investor opportunity. Hard money fills that gap fast.
Fix-and-flip deals and land plays in Monterey County move quickly. Conventional financing can't keep up. Hard money can close in days, not months.
6–24 months
Typical Loan Term
Asset-based
Credit Focus
60–70% of ARV
Typical LTV
7–14 days
Close Timeline
Double-digit, fixed
Rate Type
Hard Money Loans in Greenfield
Hard money lenders care about the deal, not your tax returns. The property's value and your exit strategy matter most.
Most lenders want 30-40% equity or a solid down payment. Credit score matters less here — but don't expect to ignore it completely.
Local decision guide
Use this guide to connect hard money loans eligibility, lender expectations, and local market factors before comparing payment options in Greenfield.
Greenfield sits in the Salinas Valley — ag-heavy, underserved by traditional lenders, and full of investor opportunity. Hard money fills that gap fast.
Fix-and-flip deals and land plays in Monterey County move quickly. Conventional financing can't keep up. Hard money can close in days, not months.
Hard money lenders care about the deal, not your tax returns. The property's value and your exit strategy matter most.
Local banks in Greenfield won't touch most investor deals. Hard money lenders are private funds and specialty shops — speed is their product.
We work with 200+ wholesale lenders, including hard money sources. Rates and terms vary widely. Shopping them matters.
The biggest mistake investors make: no exit plan. Hard money is short-term, usually 6-24 months. You need to sell or refinance before it matures.
In Monterey County, we see a lot of agricultural land and older residential stock. Know your ARV — after repair value — before you commit to a deal.
DSCR loans work better for stabilized rentals. Hard money is for deals that aren't ready for conventional financing yet — distressed, under-construction, or time-sensitive.
Bridge loans overlap with hard money but often carry slightly better rates for stronger borrowers. Construction loans work for ground-up builds. Hard money covers everything in between.
Greenfield's investor market is small but active. Agricultural zoning, water rights, and land use rules in Monterey County add layers to any deal.
Hard money lenders will want a clean title and a solid appraisal. In rural Monterey County, comps can be thin — work with an appraiser who knows the valley.
Most hard money deals close in 7-14 days. Speed depends on title, appraisal, and how clean your paperwork is.
Residential, mixed-use, and some commercial properties qualify. Agricultural land adds complexity and may limit lender options.
Rates are significantly higher than conventional loans. Rates vary by borrower profile and market conditions — expect double digits in most cases.
Credit matters less than the deal itself. Lenders focus on the property's value and your exit strategy over your credit score.
Most terms run 6 to 24 months. These are short-term tools — not long-term financing solutions.
Yes, and that's the most common exit. Once the property is stabilized or renovated, a DSCR or conventional loan replaces the hard money.