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Chino sits in the heart of San Bernardino County's investor corridor. Fix-and-flip activity runs strong here, and deals move fast.
Hard money fills the gap when conventional financing is too slow. Speed wins deals in this market.
9% – 12%
Typical Rate Range
5–10 Business Days
Avg. Close Time
65–70%
Max LTV (ARV)
Asset-Based Approval
Credit Flexibility
6–24 Months
Loan Term
Hard money lenders approve based on the property, not your tax returns. The deal has to make sense on paper.
Most lenders want 30-40% equity or a strong after-repair value. Credit matters less here than the asset itself.
Hard money lenders are not banks. They are private funds and individual investors with their own criteria.
At SRK CAPITAL, we work with 200+ wholesale lenders, including hard money sources active in San Bernardino County. That reach matters when one lender passes on your deal.
Bankrate flagged rates climbing to 6.19% on conventional loans this week amid market tension. Hard money rates run higher — typically 9-12% — but that is expected. Investors price the cost into their rehab budgets.
The mistake I see most often: investors underestimate points and fees. One point on a $400K loan is $4,000 at close. Model that in before you commit. Rates vary by borrower profile and market conditions.
Bridge loans and DSCR loans serve different goals. Bridge loans are also short-term but often require more documentation than pure hard money.
DSCR loans work better for stabilized rentals. Hard money is the right tool when you need speed and the property needs work.
Chino has a mix of older single-family homes and light industrial adjacent residential — both create rehab opportunity. Lenders familiar with local comps appraise more accurately.
San Bernardino County recording times and permitting can affect your project timeline. Build buffer into your loan term request.
Most hard money deals close in 5-10 business days. The appraisal and title work drive the timeline.
Credit is reviewed but rarely the deciding factor. Lenders focus on the property value and your exit strategy.
Most hard money lenders cap at 65-70% of after-repair value. The deal's equity cushion protects the lender.
Yes. Acquisition plus rehab funding is the core use case. Draw schedules for rehab funds are standard.
Most terms run 6 to 24 months. Extensions are possible but cost you additional fees.
Hard money rates run significantly higher. Investors accept that tradeoff for speed and flexible approval. Rates vary by borrower profile and market conditions.
Hard Money Loans in Chino