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Fullerton attracts serious fix-and-flip investors. Older housing stock near downtown and Cal State Fullerton creates steady deal flow for renovation projects.
Hard money fills the gap when speed matters. Traditional banks take 30-45 days. Hard money lenders can close in 7-14 days — that's what wins competitive deals.
7–14 Days
Typical Close Time
6–24 Months
Typical Loan Term
Asset Value & ARV
Approval Based On
25–35% Typical
Down Payment
More Flexible
Credit Flexibility
Hard Money Loans in Fullerton
Hard money lenders care about the asset, not your W-2. The property's value and your exit strategy drive approval — not your debt-to-income ratio.
Most lenders want 25-35% equity in the deal. Strong borrowers bring a clear plan: purchase price, rehab budget, and after-repair value (ARV — what the property sells for post-renovation).
Local decision guide
Use this guide to connect hard money loans eligibility, lender expectations, and local market factors before comparing payment options in Fullerton.
Fullerton attracts serious fix-and-flip investors. Older housing stock near downtown and Cal State Fullerton creates steady deal flow for renovation projects.
Hard money fills the gap when speed matters. Traditional banks take 30-45 days. Hard money lenders can close in 7-14 days — that's what wins competitive deals.
Hard money lenders care about the asset, not your W-2. The property's value and your exit strategy drive approval — not your debt-to-income ratio.
Hard money is not a commodity. Every lender prices risk differently. Rates, points, and LTV limits vary widely across private lenders and funds.
A broker with access to 200+ wholesale lenders shops those differences for you. One lender may go to 75% LTV on a Fullerton flip. Another caps at 65%. That gap is real money.
The biggest mistake investors make: not planning the exit before they close. Is this a flip or a refinance into a DSCR loan? Lenders ask that question upfront.
Rehab budgets kill more deals than credit scores. Come in with contractor bids, not estimates. Lenders fund draws, not guesses — know your scope before you apply.
Hard money costs more than conventional financing — expect higher rates and origination points. Rates vary by borrower profile and market conditions. You pay for speed and flexibility.
For a 6-month flip, that cost is a line item, not a deal-breaker. For a long-term hold, you'd want to refinance out into a DSCR or conventional loan as soon as the property stabilizes.
Fullerton sits in a high-demand rental corridor. Proximity to CSUF, downtown Fullerton, and major employment centers keeps rental demand strong — useful when planning a DSCR exit.
Orange County appraisals on fix-and-flip projects can be conservative. Lenders scrutinize ARV closely here. Bring comparable sales data to support your numbers from day one.
Many hard money lenders close in 7-14 days. Have your property details, rehab budget, and exit strategy ready before you call.
Credit matters less than the deal. Lenders focus on the property's value and your plan — not your credit score alone.
Most hard money loans run 6-24 months. They're designed for short-term projects, not long-term holds.
Yes. Hard money covers both acquisition and rehab costs through a draw schedule tied to completed renovation milestones.
ARV is after-repair value — what the property is worth once renovated. Lenders base their max loan amount on that number.
Once the property is stabilized, you can refinance into a DSCR loan for a rental or conventional financing for a primary. Plan this exit before you close.