Question 1

How fast can a hard money loan close in Cupertino?

Accepted Answer

Many hard money loans close in 7–14 days. That speed is the main reason investors use them in competitive markets.

Question 2

What property types qualify for hard money in Santa Clara County?

Accepted Answer

Most lenders cover single-family, multi-family, and mixed-use. Vacant land is harder to finance and not all lenders will touch it.

Question 3

Do I need good credit for a hard money loan?

Accepted Answer

Credit matters less than the deal itself. Lenders focus on property value and your exit strategy first.

Question 4

What's a typical loan term for hard money?

Accepted Answer

Most hard money loans run 6–24 months. These are short-term tools — not long-term financing.

Question 5

Can I use hard money to buy and renovate in Cupertino?

Accepted Answer

Yes. Fix-and-flip is the most common use case. Some lenders will fund purchase and rehab costs together.

Question 6

How do hard money rates compare to conventional loans?

Accepted Answer

Hard money rates are significantly higher. You're paying for speed and flexibility, not the lowest rate. Rates vary by borrower profile and market conditions.

Hard Money Loans in Cupertino, CA