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Elk Grove attracts investors for good reason. Sacramento County suburbs have seen consistent fix-and-flip activity, and hard money fills the gap when speed matters.
Traditional banks can't close in 10 days. Hard money lenders can. That difference wins deals in competitive markets.
6–24 Months
Typical Loan Term
60–70%
Max LTV
No Hard Floor
Min Credit Score
7–14 Days
Closes In
1–4 Points Typical
Origination Points
Hard money lenders look at the property first. Your credit score matters less than the deal itself — most lenders want 60-70% loan-to-value (LTV), meaning you bring equity.
Expect to put 25-40% down. The lender's exit strategy is their collateral, so the numbers on the deal have to make sense.
Hard money isn't offered at your local bank. These loans come from private lenders and specialty funds — and terms vary wildly between them.
SRK CAPITAL works with 200+ wholesale lenders, including hard money and private money sources active in Sacramento County. We match your deal to the right lender, not the loudest one.
The biggest mistake investors make is calling one lender and accepting their terms. Hard money rates and fees range dramatically. Shopping matters here more than almost any loan type.
We see deals fall apart over origination points, not rates. A lender charging 3 points on a 6-month flip can kill your profit margin fast. Know your full cost of capital before you commit.
Bridge loans and hard money are close cousins. Bridge loans typically offer slightly better rates and suit near-stabilized properties. Hard money works for rougher assets that banks won't touch.
DSCR loans are the better long-term play once you've renovated and stabilized. Hard money gets you in — DSCR takes you out. Knowing when to refinance is part of the strategy.
Elk Grove has a strong rental demand base and a steady flow of older single-family homes that fit the fix-and-flip profile. That makes it a practical market for hard money deals.
Sacramento County has no shortage of investor activity. Lenders familiar with this market close faster and value properties more accurately. Local lender experience is worth asking about.
Many hard money lenders close in 7-14 days. Speed depends on how quickly you provide the property details and your documentation.
Most lenders don't have a hard floor. A score below 600 can still qualify if the deal has strong equity and a clear exit plan.
Yes. Many hard money loans include a rehab draw structure. Funds are released in stages as work is completed and inspected.
Most run 6 to 24 months. They're designed as short-term financing — not a product you hold long-term. Rates vary by borrower profile and market conditions.
Hard money is short-term and asset-based. DSCR loans are long-term rental loans underwritten on property cash flow. Investors often use both on the same deal.
Origination fees typically run 1-4 points. On a short flip, those points hit your margin harder than the interest rate does.
Hard Money Loans in Elk Grove