Hard Money Lenders in Elk Grove

Hard Money Lenders Elk Grove Investors Can Count On

If you are looking for hard money lenders in Elk Grove, you are likely eyeing a tract home that needs work or a rental you want to refinance. Elk Grove is the largest suburb of Sacramento, sitting just south of the city along Highway 99 and I-5. We review your deal, your timeline and your exit plan, then help you find the right financing from lenders we work with. Short-term, property-backed loans can move faster than a bank when a seller wants a quick close.

Much of the housing here was built in the 1990s and 2000s, so rehab budgets are easier to predict and comparable sales are easy to find. That helps when you are working out your after-repair value. Typical hard money rates for flips run roughly 8.5 to 11 percent, with 0 to 2 points, though every deal is different. Loan programs, leverage and closing times vary by lender and by property. Share your numbers and we help you see which financing options fit your plan before you make an offer.