Question 1

How fast can a hard money loan close in Rohnert Park?

Accepted Answer

Many hard money deals close in 7–14 days. The exact timeline depends on the lender and how quickly you provide property details.

Question 2

What loan-to-value do hard money lenders allow?

Accepted Answer

Most lenders go up to 65–75% of ARV. The stronger the deal and borrower, the higher they'll go.

Question 3

Can I use hard money for a rental property purchase?

Accepted Answer

Yes, but it's short-term. Most investors refinance into a DSCR loan once the property is stabilized and rented.

Question 4

Do hard money lenders in Sonoma County check credit?

Accepted Answer

They check it, but it's not the deciding factor. The property value and your exit strategy matter more.

Question 5

What are typical interest rates on hard money loans?

Accepted Answer

Hard money rates run higher than conventional loans. Rates vary by borrower profile and market conditions.

Question 6

Is hard money right for a fix-and-flip in Rohnert Park?

Accepted Answer

It's one of the most common uses. Speed of close and flexibility on property condition make it the go-to for flippers.

Hard Money Loans in Rohnert Park, CA