Hard Money Lenders in Folsom

Hard Money Lenders in Folsom for Investors Who Need Speed

If you are looking for Hard Money Lenders in Folsom, you probably have a deal with a clock on it. Maybe it is a dated home in Briggs Ranch that needs a full update. Maybe it is a lot in Folsom Ranch where you want to start building. We look over your numbers and connect you with lenders who specialize in short-term loans secured by the property itself. Typical hard money terms run 12 to 18 months, which suits a quick renovation or a build with a clear exit.

Folsom is a higher-priced market than much of the Sacramento region, so loan sizes often run larger. Demand from tech and healthcare employers keeps buyers interested in updated homes near Empire Ranch and the Historic District. Lenders usually look at the property, the rehab plan and your exit more than a bank would. Flip loans here usually price between 8.5 and 11 percent, often with 0 to 2 points. Closing often takes 5 to 10 business days, though every deal differs. Share the details to get a free quote and see your financing options.