Question 1

How fast can a hard money loan close in Manteca?

Accepted Answer

Most hard money loans close in 7-14 days. Speed depends on the lender and how complete your file is at submission.

Question 2

What credit score do I need for hard money?

Accepted Answer

Many hard money lenders accept scores in the 600s or lower. The property's value and your equity position matter far more.

Question 3

Can I use hard money to buy a rental property?

Accepted Answer

Yes, but hard money is short-term. Plan to refinance into a DSCR loan once the property is renovated and leased.

Question 4

What is ARV and why does it matter?

Accepted Answer

ARV means after-repair value — what the property is worth after renovations. Lenders base your loan amount on a percentage of ARV.

Question 5

Are hard money rates higher than conventional loans?

Accepted Answer

Yes. Hard money rates are significantly higher. They're short-term tools, not long-term financing. Rates vary by borrower profile and market conditions.

Question 6

Does SRK CAPITAL offer hard money loans in Manteca?

Accepted Answer

Yes. We work with private lenders across San Joaquin County. We shop terms across our network to match you with the right lender for your deal.

Hard Money Loans in Manteca, CA