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Benicia sits at the edge of the Carquinez Strait with a tight inventory of older homes. That creates real opportunity for investors who can move fast.
Hard money fills that gap. Bank financing takes weeks — hard money can close in days. Speed wins deals here.
5–10 Business Days
Typical Close Time
65–70%
Max LTV (ARV)
Asset-Based
Credit Focus
6–24 Months
Loan Term
Usually None
Income Docs Required
Hard Money Loans in Benicia
Hard money lenders care about the property's value — not your tax returns. Your debt-to-income ratio won't kill this deal.
Most lenders want 30-40% equity or a strong down payment. Expect loan-to-value caps around 65-70% of after-repair value.
Local decision guide
Use this guide to connect hard money loans eligibility, lender expectations, and local market factors before comparing payment options in Benicia.
Benicia sits at the edge of the Carquinez Strait with a tight inventory of older homes. That creates real opportunity for investors who can move fast.
Hard money fills that gap. Bank financing takes weeks — hard money can close in days. Speed wins deals here.
Hard money lenders care about the property's value — not your tax returns. Your debt-to-income ratio won't kill this deal.
Hard money lenders are not banks. They're private funds and individuals who price risk differently. Terms vary wildly between them.
We work with 200+ wholesale lenders — including hard money sources covering Solano County. We shop those relationships so you don't overpay on rate or fees.
The biggest mistake investors make is calling one hard money lender and taking their terms. Points and rates differ sharply across lenders.
Exit strategy matters as much as entry. Lenders want to know how you'll repay — refinance, sell, or hold. Have that answer ready before you apply.
Bridge loans cover similar ground but often require stronger credit profiles. Hard money is faster and more flexible on qualification.
DSCR loans work well for stabilized rentals. If the property needs work first, hard money gets you in — then you refinance into DSCR after.
Benicia has a historic downtown core with Victorian and Craftsman stock. Many of these properties need work — which is exactly the hard money use case.
Solano County sits between the Bay Area and Sacramento. Investors here often target flips for Bay Area buyers priced out of closer markets.
Many deals close in 5-10 business days. The property appraisal is the main bottleneck — not underwriting.
Most hard money lenders don't have a hard floor. The property value and your down payment matter far more than your score.
Yes — that's the primary use case. You borrow to acquire and rehab, then sell or refinance to pay off the loan.
Rates vary by borrower profile and market conditions. Expect higher rates than conventional loans — you're paying for speed and flexibility.
Origination points typically range from 1 to 4. Repeat borrowers with strong track records often negotiate lower fees.
Yes — and you should plan for it from day one. DSCR or conventional loans are common exits after a rehab is complete.