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San Juan Bautista attracts investors looking for value-add opportunities in historic properties and older homes. Hard money loans fund these deals when conventional lenders won't touch them.
The city's small inventory means speed matters. Hard money closes in 7-14 days compared to 30-45 for traditional financing. That speed wins deals in competitive situations.
Hard Money Loans in San Juan Bautista
Hard money lenders care about the property, not your credit score. You need 20-30% down and a solid after-repair value that justifies the loan. W-2 income doesn't matter here.
Most lenders require an exit strategy — proof you'll refinance or sell within 12-24 months. They'll fund properties conventional lenders reject due to condition or title issues.
Local decision guide
Use this guide to connect hard money loans eligibility, lender expectations, and local market factors before comparing payment options in San Juan Bautista.
San Juan Bautista attracts investors looking for value-add opportunities in historic properties and older homes. Hard money loans fund these deals when conventional lenders won't touch them.
The city's small inventory means speed matters. Hard money closes in 7-14 days compared to 30-45 for traditional financing. That speed wins deals in competitive situations.
Hard money lenders care about the property, not your credit score. You need 20-30% down and a solid after-repair value that justifies the loan. W-2 income doesn't matter here.
We access 40+ hard money lenders with rates from 8.5% to 12.5% as of February 2026. Rates vary by borrower profile and market conditions. Points range from 2-4% of the loan amount.
Local lenders know San Juan Bautista's quirks better than national funds. They understand Mission-adjacent properties and historic district limitations that affect renovation scope.
Most first-time flippers underestimate renovation costs in older San Juan Bautista homes. We push for 15% contingency reserves because these properties hide problems. Foundation and plumbing surprises are common.
The best hard money deals use the loan for acquisition, then refinance into DSCR financing once repairs finish. That drops your rate from 10% to 7% and extends your timeline for selling.
Bridge loans work for properties in decent shape needing quick closes. Hard money funds true fixer-uppers that bridge lenders won't touch. Construction loans require more paperwork and take longer.
DSCR loans beat hard money for rental properties you plan to hold. They offer lower rates but need the property rent-ready at closing. Hard money funds before tenants move in.
San Juan Bautista's historic district has strict renovation guidelines. Your hard money lender needs to understand these limits affect resale value and timeline. Not every lender underwrites with this context.
The city's small size means comps matter more than usual. Lenders need experienced appraisers familiar with the area. Bad comps kill deals that should pencil.
Most lenders accept 580+ credit scores. They focus on property value and your down payment, not credit history.
We close in 7-14 days with all documents ready. That speed wins deals in this small, competitive market.
Yes, but they need appraisers who understand historic district comps. Not all lenders have this local expertise.
Expect 20-30% down. Higher down payments get better rates and more lender options.
You can, but refinance into a DSCR loan after repairs. That cuts your rate by 2-3 percentage points for long-term holds.