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Hard Money Loans in Sebastopol
Sebastopol's mix of older homes and investment properties creates steady demand for renovation capital. Hard money lenders focus on the property's value, not your tax returns or credit history.
Most deals close in 7-14 days. Speed matters when competing for fixer-uppers in Sonoma County's tight inventory. Traditional lenders can't move that fast.
We see borrowers use hard money for everything from Victorian rehabs downtown to rural property acquisitions. The loan is secured by the asset, so employment gaps and bank statements don't kill deals.
Lenders want 25-35% down and look at after-repair value. If the property will be worth $800K fixed up, they'll lend against that number minus their margin.
Credit matters less than equity. We've closed loans for borrowers with 580 scores because the property had strong fundamentals. The asset is the collateral.
You need a clear exit strategy. Lenders want to see how you'll refinance or sell within 12-24 months. Vague plans get declined.
Not all hard money lenders understand Sebastopol's unique property types. Some won't touch rural parcels or properties with wells and septic systems.
Rates run 9-14% with 2-4 points upfront. Expensive compared to conventional loans, but you're paying for speed and flexibility. Calculate whether the deal still works at those numbers.
Regional lenders familiar with Sonoma County typically offer better terms than national funds. They understand local values and move faster on appraisals.
Hard money works when timing beats cost. If you can buy a property $100K under market and fix it in 90 days, paying $15K in financing costs is irrelevant.
Where borrowers mess up: underestimating rehab timelines and costs. Budget an extra 20% for both. Missing your exit window turns a profitable flip into a money pit.
We match borrowers with lenders based on property type. A lender who loves downtown mixed-use buildings might hate dealing with county setback issues on rural lots.
Bridge loans offer lower rates but stricter qualifying. DSCR loans work for rental properties but take longer to close. Hard money is the fastest, most flexible option.
If you can wait 30 days and document income, conventional investor loans beat hard money on cost. But foreclosure auctions and pocket listings don't wait for your lender's underwriter.
Construction loans make sense for ground-up builds. Hard money fits quick renovations where you'll refinance or sell within a year.
Sebastopol permits can drag. City planning moves slower than county, which affects your rehab timeline. Factor permitting delays into your loan term and budget.
Properties west of Highway 116 toward the coast present valuation challenges. Fewer comps mean lenders price in extra risk. Downtown and east Sebastopol get better terms.
Wine country property values attract lenders, but they scrutinize fire risk zones. Properties in high-risk areas face tighter loan-to-value ratios or outright declines from conservative lenders.
Most deals close in 7-14 days once the property appraises. All-cash equivalent speed for competitive offers.
Expect 25-35% down. Lenders base this on current value or after-repair value, depending on the deal structure.
Yes, scores as low as 580 work if the property has strong equity. The asset matters more than credit history.
Rates run 9-14% plus 2-4 points upfront. Regional lenders familiar with Sonoma County often offer better terms.
Some do, some don't. Lenders vary on wells, septic, and county parcels. We connect you with lenders who understand rural properties.
Most run 6-24 months. Lenders want a clear exit plan showing how you'll refinance or sell.
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.