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Adelanto's real estate market moves fast for investors and borrowers who need capital outside traditional bank timelines. Hard money lenders focus on property value and exit strategy, not credit scores or employment history.
San Bernardino County's median household income of $82,184 reflects a market where many buyers are stretched on conventional financing. Hard money fills that gap for borrowers with equity, a solid business plan, or a property that will appreciate quickly.
8-12% depending on LTV
Typical Hard Money Rate
7-14 days
Typical Closing Timeline
60-75% (20-40% equity)
Typical LTV Range
No minimum; asset-based
Credit Score Required
2-4% of loan amount
Origination & Closing Costs
Hard Money Loans in Adelanto
Hard money lenders in California care about the property first, the borrower second. You'll need 20-30% equity or down payment, a clear exit strategy (sale, refinance, or rental income), and proof of funds for closing costs.
Adelanto properties typically range from $300,000 to $800,000 for investor deals. San Bernardino County's median household income of $82,184 means most owner-occupants are looking at modest single-family homes or small multifamily.
Local decision guide
Use this guide to connect hard money loans eligibility, lender expectations, and local market factors before comparing payment options in Adelanto.
Adelanto's real estate market moves fast for investors and borrowers who need capital outside traditional bank timelines. Hard money lenders focus on property value and exit strategy, not credit scores or employment history.
San Bernardino County's median household income of $82,184 reflects a market where many buyers are stretched on conventional financing. Hard money fills that gap for borrowers with equity, a solid business plan, or a property that will appreciate quickly.
Hard money lenders in California care about the property first, the borrower second. You'll need 20-30% equity or down payment, a clear exit strategy (sale, refinance, or rental income), and proof of funds for closing costs.
California's hard money market is dominated by private lenders, real estate investment groups, and specialized finance companies. Unlike banks, these lenders make decisions in days based on property appraisal and borrower equity.
Adelanto attracts hard money because of its investor-friendly market and lower entry price points. Lenders here focus on fix-and-flip deals, rental conversions, and bridge financing for buyers who are waiting to sell another property.
Hard money makes sense in Adelanto when you have a clear exit within 12-24 months and the property's after-repair value justifies the cost.
The real advantage is speed and certainty. Banks take 45 days and may pull out if the appraisal comes in low. Hard money closes in 10 days and funds based on the property, not your job.
Conventional loans cost less (5-6% rate vs. 10-12% for hard money) but take 45 days to close and require W-2 income, credit score above 620, and a full appraisal.
FHA loans split the difference — lower rate than hard money, faster than conventional — but still require credit above 580 and 3.5% down. FHA also carries lifetime mortgage insurance if you put down less than 10%.
Adelanto's location in the High Desert makes it attractive for investors seeking affordable entry points and strong appreciation potential. The city is 50 miles northeast of Los Angeles, with growing industrial and logistics activity.
The market draws cash buyers and hard money borrowers because of the spread between purchase price and after-repair value. A $400,000 fixer can become a $550,000 rental or resale after cosmetic work.
Hard money lenders typically don't have a minimum credit score. They focus on property equity and exit strategy instead. Some lenders ask for 600+ FICO as a courtesy check, but a lower score won't disqualify you if the deal is solid.
Hard money typically closes in 7-14 days. Some lenders close in 3-5 days if you have proof of funds and a clear appraisal. Banks take 45 days; hard money's speed is the main reason investors use it.
Hard money rates in Adelanto run 8-12% depending on LTV, loan term, and lender. Lower LTV (more equity) gets you a lower rate. A 65% LTV deal might be 9%; a 75% LTV deal might be 11%. Rates available on application.
Hard money is designed for investors and short-term deals, not owner-occupancy. If you're buying a home to live in, FHA (3.5% down) or conventional (5-20% down) are cheaper and faster.
Hard money loans typically have a prepayment penalty (1-3% of the loan) if you pay early, and a default clause if you miss payments. The lender can foreclose on the property. Read the note carefully — terms vary by lender.