Question 1

How fast can a hard money loan close in Lincoln?

Accepted Answer

Many hard money loans close in 7-14 days. Speed depends on the lender and how quickly you provide property details.

Question 2

What loan-to-value do hard money lenders offer?

Accepted Answer

Most lenders go up to 65-75% LTV on the as-is value. Some offer up to 90% of cost on rehab projects.

Question 3

Do I need a license to get a hard money loan in California?

Accepted Answer

No license required as a borrower. But California has specific rules for lenders — always verify your lender is properly licensed.

Question 4

Can I use hard money to buy land in Placer County?

Accepted Answer

Some hard money lenders fund land purchases, but terms are stricter. Expect lower LTV and higher rates on raw land.

Question 5

What happens if I can't repay the loan on time?

Accepted Answer

Lenders may offer extensions — usually for a fee. Defaulting puts the property at risk, so nail down your exit before closing.

Question 6

Are hard money rates higher than conventional loans?

Accepted Answer

Yes, significantly. Rates reflect the short-term, asset-based risk. Rates vary by borrower profile and market conditions.

Hard Money Loans in Lincoln, CA — Fast Capital for Investors