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Hard Money Loans in Dixon
Dixon's investor market runs on speed. Properties move fast, and traditional financing kills deals.
Hard money fills the gap when you need to close in 7-14 days. We fund based on the property, not your tax returns.
Most Dixon investors use hard money for distressed properties that won't qualify for conventional loans. The asset carries the loan.
Lenders fund 65-75% of after-repair value on most Dixon properties. Your credit score matters less than your exit strategy.
You need a clear plan to repay within 6-24 months. Most borrowers refinance into DSCR loans or sell after rehab.
Expect rates between 8-12% with 2-4 points upfront. Higher than conventional, but speed and flexibility cost money.
We work with 15+ hard money lenders who fund Solano County deals. Terms vary wildly between lenders.
Some specialize in quick flips under $500K. Others prefer larger multifamily projects. Matching the right lender matters.
Local portfolio lenders move fastest on Dixon properties. National shops add underwriting layers that slow things down.
Hard money works when the deal math works. If your all-in cost plus interest exceeds 70% of ARV, you're too thin.
Dixon's fix-and-flip market sees most investors hold 6-9 months. Budget for that timeline, not the optimistic 90 days.
I've seen borrowers lose money chasing marginal deals because hard money was available. The loan doesn't make a bad deal good.
Bridge loans cost less but require better credit and slower closing. DSCR loans beat hard money rates but need rent-ready properties.
Most Dixon investors start with hard money, then refinance into DSCR once the property's stabilized. That's the standard play.
Construction loans work for ground-up builds. Hard money handles acquisition plus light-to-medium rehab better.
Dixon's small-town market means fewer comps. Lenders scrutinize ARV estimates harder than in bigger Solano cities.
Permit timelines in Dixon run 4-8 weeks for typical rehabs. Factor that into your holding costs.
Rental demand stays steady from commuters to Vacaville and Fairfield. Exit via DSCR refinance works if you can't flip.
7-10 days with a straightforward property. Complex deals or title issues can push it to 14 days.
Lenders pass on properties with foundation issues, environmental problems, or ARV too low to support the loan. Structural problems kill deals.
No. Hard money is for investment properties only. Owner-occupied buyers need FHA, conventional, or other retail loan programs.
Most lenders offer 6-12 month extensions at higher rates. Plan for this upfront since rehabs always take longer than projected.
Helps but not required. Lenders want to see a solid contractor lined up and realistic budget. First-timers pay slightly higher rates.
Mortgage financing for independent contractors and freelancers who earn 1099 income instead of traditional W-2 wages.
Mortgage programs that allow borrowers to qualify based on liquid assets rather than traditional employment income.
Non-QM loans that use 12 to 24 months of bank statements to verify income for self-employed borrowers.
Short-term financing that bridges the gap between buying a new property and selling an existing one.
Debt Service Coverage Ratio loans that qualify investors based on a rental property's income rather than personal income.
Mortgage programs designed for non-US citizens and non-permanent residents who want to purchase property in the United States.
Mortgages that allow borrowers to pay only the interest for an initial period, resulting in lower monthly payments upfront.
Financing solutions tailored for real estate investors purchasing rental properties, fix-and-flip projects, or investment portfolios.
Home loans for borrowers who have an Individual Taxpayer Identification Number instead of a Social Security number.
Adjustable rate mortgages held in a lender's portfolio rather than sold on the secondary market, offering more flexible terms.
Non-QM mortgages that use a CPA-prepared profit and loss statement to verify income for self-employed borrowers.
Home loans with interest rates that adjust periodically based on market conditions after an initial fixed-rate period.
Specialized mortgage programs designed to support homeownership in underserved communities with flexible qualification criteria.
Mortgages that meet the guidelines and loan limits set by Fannie Mae and Freddie Mac for secondary market purchase.
Financing for building a new home or making major renovations, typically converting to a permanent mortgage upon completion.
Traditional mortgage financing not backed by a government agency, offering flexible terms and competitive rates for qualified borrowers.
Innovative loan products that leverage projected home equity growth to provide favorable financing terms.
Government-insured mortgages from the Federal Housing Administration with low down payments and flexible credit requirements.
A revolving line of credit secured by your home equity that allows you to borrow funds as needed during a draw period.
A fixed-rate second mortgage that provides a lump sum of cash by borrowing against the equity built in your home.
Mortgages that exceed the conforming loan limits set by the FHFA, designed for financing high-value luxury properties.
Loans for homeowners aged 62 and older that convert home equity into cash without requiring monthly mortgage payments.
Government-backed zero down payment mortgages for eligible rural and suburban homebuyers who meet income limits.
Government-guaranteed mortgages for eligible veterans, active-duty service members, and surviving spouses with zero down payment.