Hard Money Loans For Real Estate Investors
For California Hard Money Loans, rates generally start around 8.00%. Expect the rate to be higher if the loan has one or more of the following charateristics:
- if the loan to value if over 55%
- if the loan amount is over $750,000
- if the credit score is below 550
- if the property has a less-than-average appearance
For more information on how hard money lending works, please read What To Expect From Hard Money Lenders.