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Hard Money Loans in Suisun City
Suisun City's affordable housing stock attracts investors looking for value-add opportunities. Hard money loans fund these deals in days, not months.
Older homes near downtown and Suisun Valley offer renovation upside. Traditional lenders won't touch properties needing major work—hard money will.
Solano County's investor activity centers on turn-key rental conversions. Hard money bridges the gap between purchase and refinance into permanent financing.
Hard money lenders care about the property, not your credit score. They'll fund deals conventional banks reject outright.
Expect 60-75% LTV based on current value or after-repair value. Most deals require 25-40% down depending on experience level.
Your exit strategy matters more than your W-2. Lenders want to see clear renovation plans and realistic resale timelines.
Personal income doesn't factor into approval. Neither does your debt-to-income ratio or employment history.
We work with 15+ hard money lenders covering Solano County. Each has different LTV caps, term limits, and property type preferences.
Rates run 8-14% with 2-4 points upfront. Your experience as an investor directly impacts pricing and approval odds.
Some lenders fund renovation costs in draws. Others give you everything upfront and expect you to manage the budget.
Local portfolio lenders often beat national hard money shops on speed. They know Suisun City comps and close faster.
Most first-time flippers overpay for hard money because they call one lender. We shop your deal across our entire network.
Suisun City deals under $400K get competitive pricing. Above that threshold, you'll need proven track record or a strong local partner.
Never use hard money for a primary residence purchase. It's designed for investment properties you'll sell or refinance quickly.
Your renovation budget needs 20% cushion minimum. Lenders won't renegotiate mid-project if you run out of funds.
DSCR loans cost less but take 3-4 weeks to close. Hard money closes in days but costs double the interest rate.
Bridge loans work for stabilized rentals. Hard money handles properties that can't generate rent yet due to condition.
Construction loans require licensed contractors and draw schedules. Hard money gives you the cash and doesn't police how you spend it.
If you can wait 30 days and the property is livable, skip hard money. If you need to close this week, it's your only option.
Suisun City permit timelines run 4-8 weeks for minor renovations. Factor this into your loan term when applying.
Properties near Travis Air Force Base face flight pattern disclosure requirements. Some hard money lenders avoid that area entirely.
Solano County transfer taxes add to your closing costs. Budget an extra 0.55% of purchase price compared to neighboring counties.
Waterfront properties along Suisun Slough get tighter LTV caps. Lenders see flood risk and seasonal market demand as red flags.
Most deals close in 5-10 business days once you have a ratified contract. Cash-equivalent speed gives you leverage with sellers.
Hard money lenders don't enforce credit minimums. They approve based on property value and your exit strategy, not FICO scores.
Yes, but plan your refinance into conventional or DSCR financing within 12 months. Hard money rates aren't sustainable long-term.
Most lenders cap individual deals at $2-3 million. Portfolio investors with track records can access higher limits across multiple properties.
Yes, but they order broker price opinions or desktop appraisals that take days, not weeks. Full appraisals happen for larger deals only.
Many lenders fund rehab budgets in controlled draws tied to completion milestones. Others advance full renovation costs upfront based on scope.
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.