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Fontana's real estate market moves fast. San Bernardino County's median household income of $82,184 supports purchases in the mid-$400,000 range, but hard money borrowers often operate outside traditional lending timelines.
Hard money lenders in California focus on asset-based lending, not income verification. Your property's value and equity position drive the decision.
7–14 days
Typical Closing Time
8–12% annually
Interest Rate Range
20–30%
Down Payment
70–75% of ARV
LTV Cap
Not a primary factor
Credit Score Required
Hard Money Loans in Fontana
Hard money lenders care about the property, not your credit score or tax returns. Most require 20–30% down and a clear exit strategy. If you're refinancing into conventional later or selling the property, lenders want to see that plan upfront.
San Bernardino County's median household income of $82,184 is a reference point, but hard money doesn't use DTI ratios. Instead, lenders evaluate loan-to-value (LTV) — typically capping at 70–75% of the property's after-repair value (ARV).
Local decision guide
Use this guide to connect hard money loans eligibility, lender expectations, and local market factors before comparing payment options in Fontana.
Fontana's real estate market moves fast. San Bernardino County's median household income of $82,184 supports purchases in the mid-$400,000 range, but hard money borrowers often operate outside traditional lending timelines.
Hard money lenders in California focus on asset-based lending, not income verification. Your property's value and equity position drive the decision.
Hard money lenders care about the property, not your credit score or tax returns. Most require 20–30% down and a clear exit strategy. If you're refinancing into conventional later or selling the property, lenders want to see that plan upfront.
California's hard money market includes private lenders, hedge funds, and specialized finance companies. Unlike banks, they don't sell loans to Fannie Mae or Freddie Mac. Each lender sets its own rates, terms, and property-type restrictions.
Rates run 8–12% depending on LTV, property condition, and borrower experience. Points and origination fees are common. Brokers in California can access multiple hard money sources, which saves time versus calling individual lenders.
Hard money makes sense in Fontana for fix-and-flip investors and buyers with equity but credit issues. If you're buying a distressed property, renovating, and selling within 12–24 months, hard money's speed beats a conventional 45-day close.
Conventional loans at lower rates are better if you plan to hold the property long-term or have clean credit and stable income. Hard money is a bridge, not a mortgage. Use it when speed and asset value matter more than rate.
Hard money vs. conventional: conventional offers lower rates and longer terms but requires 45+ days, full documentation, and clean credit. Hard money closes in one to two weeks with minimal paperwork.
If you're a Fontana investor with a solid exit strategy, hard money's speed justifies the cost. If you're buying to live in the home for five years, conventional's lower rate saves thousands. Choose based on your timeline and how much equity you control.
Fontana's industrial and commercial corridors attract investors. The city's proximity to logistics hubs and affordable land make it a target for fix-and-flip projects. Hard money lenders recognize this and move quickly on Fontana deals.
San Bernardino County's population of 2,187,816 supports steady demand for rental properties and investment opportunities. Investors using hard money to acquire and renovate can tap into that market demand once the property is stabilized.
Hard money lenders don't rely on credit scores. They focus on the property's value and your equity position. Many approve borrowers with 500-level credit if the deal makes sense. Call for a property evaluation.
Most hard money lenders close in 7–14 days. Some offer 5-day closes for experienced investors. Speed depends on property appraisal and your proof of funds. Conventional loans take 45–60 days.
Rates run 8–12% annually, plus 1–3 points upfront. The exact rate depends on LTV, property condition, and your experience. Ask your lender for a rate sheet tied to specific loan structures.
Yes — most hard money lenders require 20–30% down. That keeps LTV at 70–75%, which protects both you and the lender. Higher equity means better rates and faster approval.
Hard money works for owner-occupied purchases, but it's expensive for long-term living. Rates of 8–12% plus points cost far more than conventional mortgages over 30 years. Use hard money only if you plan to refinance quickly.