Hard Money Loans in Fresno, CA
Loan-size math and qualifying analysis for Hard money financing on Fresno's $391k median home value. Strong fit.
Strong fit for Fresno.
Fresno has active flip + wholesale activity (flip fit 85/100, wholesale fit 84/100) — hard-money makes sense for the velocity these strategies require.
Payment on Fresno's $391k median.
| Median home value (Fresno) | $391,442 |
| Assumed LTV | 85% |
| Loan amount | $332,726 |
| Cash to close (down payment) | $58,716 |
| Assumed rate | 11.00% |
| Term | 6-18 mo, interest-only |
| Monthly P&I | $3,050/mo |
Hard money financing — the mechanics.
Short-term (6-18 month) loans underwritten primarily on the property's after-repair value and the borrower's flip/project experience. Interest-only payments during the term; balloon at maturity (paid off by sale or refinance).
Lender requires: 600+ FICO typical (some go lower), 10-20% cash to close, proof of reserves equal to 6 months of carry, project plan + scope of work. Funding in 7-14 days standard.
How California law affects this loan.
California foreclosure timeline: non-judicial, ~120 days. See full Hard money in California breakdown.
Frequently asked.
What's the typical Hard money loan size for a property in Fresno?
On Fresno's $391k median home value, a Hard money loan at the standard 85% LTV would be approximately $333k, requiring $59k down.
What's the monthly payment on a typical Hard money loan in Fresno?
Interest-only payment on a $333k Hard money loan at the typical rate of 11.00% would be approximately $3k/month, excluding taxes and insurance.
Is Fresno a good market for Hard money financing?
Fresno has active flip + wholesale activity (flip fit 85/100, wholesale fit 84/100) — hard-money makes sense for the velocity these strategies require.
What credit and reserves do Hard money lenders require for Fresno properties?
Lender requires: 600+ FICO typical (some go lower), 10-20% cash to close, proof of reserves equal to 6 months of carry, project plan + scope of work. Funding in 7-14 days standard.
Compare financing options.
Investment-property loans underwritten on the property's cash flow rather than the borrower's person...
ConventionalStandard Fannie Mae / Freddie Mac investment-property mortgages. Cheapest cost of capital but capped...
FHAGovernment-insured residential loans designed for primary residence buyers — but the assumable featu...
The Weekly Deal Memo
One market memo, one off-market playbook, one tool review. Every Friday. Free.
No spam. Unsubscribe anytime.