Hard Money Lenders in Citrus Heights

Hard Money Lenders Citrus Heights Investors Can Count On

If you are looking for hard money lenders Citrus Heights investors use for quick, asset-based financing, start here. We review your deal and help you find the right loan program from lenders we work with. Citrus Heights sits between Sacramento and Roseville in Sacramento County. That location gives you a steady pool of buyers and renters. Hard money suits short projects where speed matters more than a low rate. Typical rates for flips run about 8.5 to 11 percent, with 0 to 2 points common. Terms vary by lender and by deal.

Much of the housing here is ranch-style single-family homes built from the 1960s to the 1980s. They line established streets around Sunrise Boulevard, Greenback Lane and Auburn Boulevard. Many are dated and ready for cosmetic updates or a full rehab. Investors often buy a tired home, renovate it, then sell or hold it as a rental. Commuter demand supports both exits. Lenders look closely at the purchase price, the rehab budget and the after-repair value. Some programs cover up to 90 percent of cost and up to 100 percent of rehab. Closing in 5 to 10 business days is typical, though no timeline is guaranteed.