Question 1

How fast can a hard money loan close in Lathrop?

Accepted Answer

Most hard money deals close in 7–14 days. Speed depends on the appraisal and how clean your deal package is.

Question 2

What credit score do I need for hard money?

Accepted Answer

Most hard money lenders want at least a 600 score. The property's value matters far more than your credit history.

Question 3

Can I use hard money for a rental property in Lathrop?

Accepted Answer

You can acquire with hard money, but you'll need to refinance into a DSCR or conventional loan before the term ends.

Question 4

What is after-repair value (ARV) and why does it matter?

Accepted Answer

ARV is what the property is worth after renovation. Hard money lenders size your loan against this number — get it right.

Question 5

Are hard money rates higher than conventional rates?

Accepted Answer

Yes, significantly. Rates vary by borrower profile and market conditions, but hard money costs more in exchange for speed and flexibility.

Question 6

Do I need income documents for a hard money loan?

Accepted Answer

Most hard money lenders skip income verification entirely. The property and your equity position are what they underwrite.

Hard Money Loans in Lathrop, CA — Fast Capital for Real Estate Investors