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Placentia sits in Orange County, where the median household income of $113,702 supports homes across a wide price range. Hard money lenders focus on short-term bridge financing and fix-and-flip projects rather than traditional 30-year mortgages.
The hard money market in California has shifted since Figure's acquisition of Kiavi in 2025. Borrowers now have fewer independent lenders but more integrated platforms for DSCR and renovation loans.
5-10 business days
Typical Closing Timeline
8-12% annually
Interest Rate Range
20-35% of ARV
Down Payment Required
650 FICO
Minimum Credit Score
65-75% typical
Loan-to-Value Ratio
Hard Money Loans in Placentia
Hard money lenders in Placentia prioritize the property and exit strategy over credit scores. Most require a FICO of 650 or higher, but the deal itself carries more weight than your credit profile.
Down payments typically run 20-35% of the property's after-repair value (ARV). Lenders want to see a clear exit—either a sale, refinance, or cash-out within 12-24 months.
Local decision guide
Use this guide to connect hard money loans eligibility, lender expectations, and local market factors before comparing payment options in Placentia.
Placentia sits in Orange County, where the median household income of $113,702 supports homes across a wide price range. Hard money lenders focus on short-term bridge financing and fix-and-flip projects rather than traditional 30-year mortgages.
The hard money market in California has shifted since Figure's acquisition of Kiavi in 2025. Borrowers now have fewer independent lenders but more integrated platforms for DSCR and renovation loans.
Hard money lenders in Placentia prioritize the property and exit strategy over credit scores. Most require a FICO of 650 or higher, but the deal itself carries more weight than your credit profile.
California's hard money market consolidated significantly after Figure acquired Kiavi. Fewer standalone lenders remain, but the remaining players offer faster underwriting and more flexible property types.
Broker-based hard money shops still operate across Orange County, though many now partner with larger platforms. Expect 5-10 business days to close on a straightforward deal, longer if the property needs significant inspection.
Hard money makes sense in Placentia when you're buying a fixer-upper below market value and refinancing into conventional within 12-18 months. The speed and flexibility beat traditional lenders when you need to close fast.
Hard money doesn't pencil when you're buying a move-in-ready home or planning to hold long-term. The interest rates and fees compound quickly—after two years, you've paid 16-24% of the loan amount in interest alone.
Hard money closes in days; conventional mortgages take 30-45 days and require full income documentation. If you're buying a distressed property and need to move fast, hard money wins on timeline.
Conventional loans cost less over time but require pristine credit and full underwriting. If you're a buy-and-hold investor with strong financials, conventional refinancing after 12 months beats hard money's total cost.
Placentia's school district is implementing new e-bike policies starting in the 2026-27 school year. Families with elementary and middle school kids should factor in transportation changes when choosing neighborhoods.
The OC Arts and Disability Festival's 50th anniversary in April highlights Orange County's cultural investment. Community events like this signal stable, engaged neighborhoods where property values tend to hold.
Most hard money lenders close in 5-10 business days. Speed depends on property appraisal and clear title. Conventional loans take 30-45 days by comparison.
Hard money lenders typically require 650 FICO or higher. The property condition and your exit strategy matter more than your credit score.
Hard money is designed for investors and bridge buyers, not primary residence purchases. The rates and short terms make it expensive for long-term owner-occupancy.
Most hard money loans include extension options, but rates and fees increase. Plan your exit strategy—sale or refinance—before closing.
No. Hard money lenders focus on the property and your exit strategy, not W-2 income. Proof of funds and a clear plan matter most.