Question 1

How fast can a hard money loan close in Porterville?

Accepted Answer

Many hard money loans close in 5-10 business days. Speed depends on title, appraisal, and how clean your deal package is.

Question 2

What property types qualify in Tulare County?

Accepted Answer

Most lenders fund single-family and small multifamily. Agricultural or mixed-use parcels need lenders familiar with rural Central Valley assets.

Question 3

Do I need good credit for a hard money loan?

Accepted Answer

Not necessarily. Lenders prioritize the property value and your exit plan. Serious credit issues may affect rate, not just approval.

Question 4

What's the typical loan term on a hard money deal?

Accepted Answer

Most hard money loans run 6 to 12 months. Some lenders offer up to 24 months for larger rehab projects.

Question 5

Can I use hard money to buy and rehab a Porterville rental?

Accepted Answer

Yes. Many investors use hard money to acquire and renovate, then refinance into a DSCR loan once the property is stabilized.

Question 6

What does a hard money lender mean by ARV?

Accepted Answer

ARV stands for after-repair value — what the property is worth after renovation. Lenders base loan amounts on this number.

Hard Money Loans in Porterville, CA — Fast Capital for Real Estate Investors