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Victorville attracts fix-and-flip investors looking for lower entry prices than coastal California. Hard money is built for exactly this kind of market.
Bankrate flagged rates climbing to 6.19% on conventional loans. Hard money rates run higher, but speed and flexibility are what investors here actually need.
6–24 months
Typical Loan Term
65–75%
Max LTV
Asset-based
Credit Focus
5–10 business days
Closes In
Hard money lenders care about one thing: the property's value. Your credit score matters less than the deal itself.
Most lenders want 25-35% equity or down payment. Loan-to-value (LTV) — the loan amount versus the property's value — typically caps at 65-75%.
Hard money lenders are private funds and individual investors, not banks. Terms vary dramatically from one lender to the next.
At SRK CAPITAL, we work with 200+ wholesale lenders including hard money sources active in San Bernardino County. We match your deal to the right capital.
The deals that fall apart aren't credit problems — they're bad exit strategies. Know how you're getting out before you borrow.
Victorville has active flipping activity. Lenders notice that. A clean ARV — after-repair value — and solid comps will get your deal funded fast.
DSCR loans — which qualify based on rental income — are better for buy-and-hold investors. Hard money wins when you need speed and a short-term hold.
Bridge loans are similar but often have stricter income requirements. Hard money is the most flexible option for properties needing significant work.
San Bernardino County has a large inventory of distressed and dated properties. That makes it fertile ground for hard money fix-and-flip projects.
Victorville's distance from coastal job centers keeps prices accessible. Investors who know the local rental and resale market can find real margin here.
Many hard money loans close in 5-10 business days. Speed depends on the lender and how quickly the property appraises.
Most hard money lenders don't have strict score minimums. The property's value and your down payment matter far more.
You can, but hard money is short-term. Most investors refinance into a DSCR loan once the property is stabilized.
ARV stands for after-repair value — the property's estimated worth after renovations. Lenders base your loan amount on ARV.
Yes. Hard money rates run well above conventional rates. You're paying for speed, flexibility, and asset-based approval. Rates vary by borrower profile and market conditions.
Most hard money loans run 6 to 24 months. They're designed to be paid off through a sale or refinance, not held long-term.
Hard Money Loans in Victorville