Question 1

How fast can a hard money loan close in Montague?

Accepted Answer

Most hard money loans close in 5–14 days. Rural areas can add time if appraisal options are limited.

Question 2

Do I need good credit to get a hard money loan?

Accepted Answer

No. Hard money approval is based on the property and your exit plan. Most lenders set a soft floor around 600, but the deal matters more.

Question 3

What property types qualify for hard money in Siskiyou County?

Accepted Answer

SFR, multi-family, and some mixed-use properties qualify. Raw land and agricultural parcels depend on the lender — always confirm upfront.

Question 4

What interest rates should I expect on hard money?

Accepted Answer

Hard money rates run higher than conventional loans. Rates vary by borrower profile and market conditions — expect a premium for speed and flexibility.

Question 5

Can I refinance out of a hard money loan into a DSCR loan?

Accepted Answer

Yes — that's a common strategy. Once rehab is complete and the property rents, a DSCR loan replaces the hard money and lowers your rate.

Question 6

How much can I borrow against a Montague property?

Accepted Answer

Most hard money lenders fund up to 65–75% of ARV. Loan amounts depend on the lender and property type — rural deals sometimes see tighter limits.

Hard Money Loans in Montague, CA — Fast Capital for Investors