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Costa Mesa sits in one of Orange County's most active investor markets. Fix-and-flip activity, short-term rentals, and value-add multifamily deals keep deal flow moving fast.
Hard money fills the gap when speed matters. Banks take 45-60 days. Hard money closes in 7-14 days. That difference wins deals in competitive submarkets like this one.
7–14 Days
Typical Close Time
Up to 75%
Max LTV (of ARV)
Property-First
Credit Focus
6–18 Months
Loan Term
25–35% Typical
Down Payment
Hard Money Loans in Costa Mesa
Hard money lenders underwrite the property, not you. Your credit score matters less than the deal's numbers — specifically the after-repair value (ARV) and your equity stake.
Most lenders want 25-35% down or equivalent equity. Loan-to-value limits typically cap at 65-75% of ARV. Bring a clear exit strategy: refinance, sell, or pay off at maturity.
Local decision guide
Use this guide to connect hard money loans eligibility, lender expectations, and local market factors before comparing payment options in Costa Mesa.
Costa Mesa sits in one of Orange County's most active investor markets. Fix-and-flip activity, short-term rentals, and value-add multifamily deals keep deal flow moving fast.
Hard money fills the gap when speed matters. Banks take 45-60 days. Hard money closes in 7-14 days. That difference wins deals in competitive submarkets like this one.
Hard money lenders underwrite the property, not you. Your credit score matters less than the deal's numbers — specifically the after-repair value (ARV) and your equity stake.
Hard money is not a regulated, standardized product. Every lender sets their own rates, fees, and terms. Rate variation across lenders can be dramatic on the same deal.
We work with 200+ wholesale lenders, including private hard money sources. That means we can match your deal type — flip, bridge, or ground-up — to lenders who actually fund it.
The biggest mistake investors make is waiting until they have a signed purchase agreement. Get pre-approved now. In Costa Mesa, deals move in hours, not days.
Watch origination fees closely. Some lenders quote a low rate but stack 3-4 points upfront. On a $600K loan, that's $18-24K before you swing a hammer.
Hard money and DSCR loans both serve investors — but they solve different problems. Hard money funds fast acquisitions and rehabs. DSCR loans work for stabilized rentals with proven cash flow.
Bridge loans overlap with hard money but often come from institutional sources with stricter guidelines. If your deal has a messy title, unpermitted work, or a tight close, hard money wins.
Costa Mesa's proximity to Newport Beach and Huntington Beach makes it a strong flip market. Buyers in those corridors pay premiums for updated product.
Orange County permitting timelines can stretch a renovation schedule. Build that buffer into your loan term. Most hard money terms run 6-18 months — know when your clock starts ticking.
Many hard money lenders close in 7-14 days. Having your property details and exit strategy ready speeds that up considerably.
Credit matters less than the deal. Lenders focus on property value and your equity. Some lenders fund borrowers with scores in the 600s.
Most terms run 6 to 18 months. These are short-term tools — not long-term holds. Have your refinance or sale plan ready before you close.
ARV is what the property is worth after renovations are complete. Lenders cap your loan at a percentage of ARV to manage their risk.
Yes, for acquisition and rehab. Once the property stabilizes, most investors refinance into a DSCR or conventional loan to reduce their rate.
Origination fees typically run 1-4 points depending on the lender and deal. Always calculate total cost — not just the rate.