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Apple Valley sits in the Victor Valley — a high-desert market where investors move fast on distressed properties and fix-and-flip deals.
Hard money loans are built for speed. Bank financing takes 30-45 days. Hard money can close in 7-14 days.
10% – 13%
Typical Rate Range
550 (some lenders)
Min Credit Score
65% – 75%
Max LTV
6 – 24 months
Loan Term
7 – 14 days
Avg Close Time
2 – 4 points
Origination Points
Hard money lenders care about the property value — not your tax returns. Credit score matters less here than the deal itself.
Most lenders want 25-35% equity in the deal. Your exit strategy matters: are you flipping, refinancing, or selling?
Most retail banks won't touch hard money deals. You need private lenders or hard money funds — and not all of them are equal.
At SRK CAPITAL, we work with 200+ wholesale lenders. We know which ones close fast in San Bernardino County without surprises.
The deals I see fall apart when borrowers low-ball the rehab budget. Lenders see through it — and so do appraisers.
Overestimate your costs. Pad your timeline by 30 days. Hard money is expensive, and delays cost real money.
If you plan to hold the property long-term, a DSCR loan costs far less. Hard money is a short-term tool — use it that way.
Bridge loans are similar but sometimes cheaper. Construction loans work if you're building ground-up. Hard money fits acquisition and light-to-heavy rehab best.
Apple Valley has a strong inventory of older single-family homes that need work. That's a hard money borrower's target market.
San Bernardino County has no local transfer tax beyond state requirements. That keeps transaction costs lower on quick flips.
Most deals close in 7-14 days. Have your purchase contract and property info ready to move quickly.
Credit matters less than the deal. Some lenders approve borrowers at 550. The property value drives the decision.
Most cap at 65-75% of the property's after-repair value. The stronger your deal, the better your terms.
Yes — fix-and-flip is the primary use case. You'll need a clear exit plan before any lender commits.
Most lenders offer extensions for a fee. Build buffer into your timeline so you're not caught off guard.
Hard money is short-term and asset-based. DSCR is a long-term rental loan based on the property's income.
Hard Money Loans in Apple Valley