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Hard Money Loans in Burlingame
How fast can hard money close on a Burlingame property?
Most hard money lenders close in 7 to 14 days. Conventional loans take 17 to 21 days, so speed is the main advantage for investors.
01
San Mateo Planning Commission approved Bespoke, a mixed-use development at the former Talbot's site downtown. That kind of infrastructure investment signals growing demand for renovated properties in Burlingame.
Hard money lenders close in 7 to 14 days, making speed the main advantage for investors buying properties to fix and flip quickly.
7–14 days
Typical Close Timeline
8–12% annually
Interest Rate Range
600+
Minimum FICO
20–30%
Down Payment Required
65–75%
LTV on After-Repair Value
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A FICO of 600 or higher is typical for hard money. Lenders focus on property value and exit strategy, not your credit history alone.
Plan on 20% to 30% down. Lenders want to see meaningful equity in the property before funding.
Local decision guide
Use this guide to connect hard money loans eligibility, lender expectations, and local market factors before comparing payment options in Burlingame.
San Mateo Planning Commission approved Bespoke, a mixed-use development at the former Talbot's site downtown. That kind of infrastructure investment signals growing demand for renovated properties in Burlingame.
Hard money lenders close in 7 to 14 days, making speed the main advantage for investors buying properties to fix and flip quickly.
A FICO of 600 or higher is typical for hard money. Lenders focus on property value and exit strategy, not your credit history alone.
Rate check
Tell us the price range, down payment and credit range you are working with. We compare every lender we work with and show you the options side by side.
03
Hard money lenders in California operate independently from banks and focus on asset-based lending. They price loans on property value and exit strategy, not borrower income or credit.
Most hard money lenders require a clear exit plan within 12 to 24 months—sale, refinance, or cash-out. That timeline keeps the loan short-term and reduces lender risk.
04
Hard money makes sense in Burlingame when you're buying a fixer-upper and need to close fast before another investor does. The higher rate and points cost less than losing the deal.
Conventional financing doesn't work for properties needing major repairs or for investors on tight timelines. Hard money fills that gap.
05
Hard money runs 8–12% in rate plus 2–4 points upfront. Conventional loans cost less but take 17-21 days to close and require full income documentation.
If you're buying a property that needs work, conventional lenders won't touch it. Hard money lenders care only about the after-repair value and your exit plan.
06
San Mateo Union High School District banned cellphones during the entire school day after studying the policy's effectiveness. That kind of school-focused investment supports long-term property values for investors holding rentals in Burlingame.
Pillar Point Harbor is adding two new restaurants after a previous tenant dispute. Growing commercial activity in the county supports investor exits and rental demand.
07
Figure Technology Solutions acquired Kiavi for $717 million, integrating fix-and-flip loan products into its platform. That consolidation signals growing institutional interest in the hard money market across California.
More lenders are entering the fix-and-flip space as property values rise and renovation demand grows. Competition is increasing, which may improve terms for experienced investors.
FAQ
Most hard money lenders close in 7 to 14 days. Conventional loans take 17 to 21 days, so speed is the main advantage for investors.
A FICO of 600 or higher is typical. Lenders focus on property value and exit strategy, not your credit history alone.
Plan on 20% to 30% down. Lenders want to see meaningful equity in the property before funding.
No. Hard money runs 8–12% in rate plus 2–4 points upfront. Conventional costs less but takes 17-21 days to close.
You need a clear plan within 12 to 24 months—sale, refinance, or cash-out. Lenders want to know how you'll repay the loan.
Programs for first-time buyers that allow lower down payments and more forgiving credit and income rules.
Explore refinancing options to lower your rate, tap equity, or switch loan terms.
SRK CAPITAL in San Mateo County
Our team of licensed mortgage brokers works San Mateo County every week. Tell us where you are in the process and we will map out the loan, the timeline and the money you need at closing, with no obligation.
What working with us looks like
Licensed mortgage brokers
You talk with a broker, not a call center, from the first question to closing day.
17-21 day typical close
Most purchase loans close in 17-21 days once your paperwork is in.
Every county in California
We work across the state, including San Mateo County, so local limits and rules are already familiar.
Financing solutions for rental properties, fix-and-flip projects, and real estate portfolios.
Mortgage programs with alternative income documentation for business owners and freelancers.
Federally insured or guaranteed programs (FHA, VA, USDA) that let lenders accept lower credit scores and smaller down payments.
Traditional mortgage options meeting standard lending guidelines with various term structures.
Alternative lending programs for borrowers who need flexible documentation or unique loan structures.
Side-by-side comparisons to help you choose the right mortgage program.
This page is for educational purposes only and does not constitute financial, legal, or tax advice. Mortgage rates, terms, and program availability can change and vary by borrower and property. Consult a licensed mortgage professional for guidance on your scenario.