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Grand Terrace sits in San Bernardino County — a region active with fix-and-flip and buy-and-hold investor activity.
Hard money fills the gap when conventional financing moves too slow or the property doesn't qualify for bank loans.
9% – 13%
Typical Rate Range
65% – 75%
Max LTV
6 – 24 months
Loan Term
2 – 4 points
Origination Points
7 – 14 days
Typical Close Time
Lenders care most about the property's value and your exit strategy. Your credit score matters less than with conventional loans.
Most hard money lenders want 25–35% equity or down payment. Strong deals with clear rehab plans close fastest.
Hard money lenders are not retail banks. They're private funds and individuals who move fast but charge more.
SRK CAPITAL works with 200+ wholesale lenders — including hard money sources active in San Bernardino County.
The biggest mistake investors make is picking a hard money lender based on rate alone. Speed and reliability matter more on a competitive deal.
Know your after-repair value (ARV) before you apply. Lenders will order their own appraisal — surprises there kill deals.
Bridge loans are similar but typically used on stabilized assets. Hard money works better when the property needs significant work.
DSCR loans are cheaper and longer-term — but require the property to already generate rent. Hard money is the right tool before that stage.
San Bernardino County has a mix of older housing stock and value-add properties — exactly the inventory hard money is built for.
Grand Terrace's proximity to major corridors makes it attractive for investors targeting quick flips or rental conversions.
Most hard money loans close in 7–14 days. Speed depends on how quickly the appraisal and title work are completed.
Credit matters less than the deal itself. Lenders focus on property value, your down payment, and your exit strategy.
ARV is after-repair value — what the property will be worth after renovation. Lenders base your loan amount on this number.
Yes. Many investors use hard money to acquire and rehab, then refinance into a DSCR loan once the property is stabilized.
Some lenders offer extensions for a fee. Have a clear exit plan — and a backup — before you close.
Expect 2–4 origination points plus closing costs. Rates vary by borrower profile and market conditions.
Hard Money Loans in Grand Terrace