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Palm Desert attracts real estate investors year-round. The desert resort market moves fast — fix-and-flip windows open and close quickly.
Hard money fills the gap when conventional financing is too slow. Speed is the whole point here.
5–10 Business Days
Typical Close Time
Flexible (600+)
Min Credit Score
65–75%
Max LTV
6–24 Months
Loan Term
2–4 Points
Typical Lender Fees
Hard Money Loans in Palm Desert
Hard money lenders care about the deal, not your tax returns. The property's value and your exit strategy drive approval.
Most lenders want 30-35% equity or a solid down payment. Credit score matters less than your plan to repay.
Local decision guide
Use this guide to connect hard money loans eligibility, lender expectations, and local market factors before comparing payment options in Palm Desert.
Palm Desert attracts real estate investors year-round. The desert resort market moves fast — fix-and-flip windows open and close quickly.
Hard money fills the gap when conventional financing is too slow. Speed is the whole point here.
Hard money lenders care about the deal, not your tax returns. The property's value and your exit strategy drive approval.
Hard money lenders are not created equal. Terms, fees, and draw schedules vary dramatically across lenders.
At SRK CAPITAL, we work with 200+ wholesale lenders — including hard money shops that know the Coachella Valley market.
The biggest mistake investors make is shopping rate first. Speed and draw structure win deals in Palm Desert.
A lender that takes 30 days to close on a hot flip property in Rancho Mirage is useless. Fast funding is the value.
DSCR loans are cheaper and longer-term — but they take weeks and require rental income. Hard money closes fast.
Bridge loans overlap with hard money but often fit stabilized properties better. Know which tool fits your deal.
Palm Desert and the broader Coachella Valley see strong short-term rental demand. That shapes investor exit strategies.
Properties here often need cosmetic updates to command top dollar. Hard money rehab draws fund that work efficiently.
Many hard money lenders close in 5-10 business days. Title and escrow speed in Riverside County also affects your timeline.
Most lenders fund single-family, multi-family, and mixed-use investment properties. Primary residences typically do not qualify.
Credit matters less than the deal's numbers. Some lenders fund with scores below 600 if the collateral is strong.
Most loans run 6-24 months. They're short-term by design — you flip the property or refinance into permanent financing.
Yes. Many Palm Desert investors use hard money to acquire and renovate, then refinance into a DSCR loan for long-term hold.
Loan-to-value (LTV) is the loan amount divided by the property's value. Most hard money lenders cap LTV at 65-75%.