California Hard Money Lender

What is CA Hard Money?

A CA hard money loan is short-term, asset-based financing secured by real estate. Conventional loans and traditional financing rely heavily on credit history and income verification for loan approval. Hard money loans present an easy alternative to those with poor credit, bankruptcies, or other blemishes in their financial history.

Recently Funded Deals in California

We’re proud of our fast funding and transparent approval process for California borrowers. Here are a few recently funded hard money loans in California:

Santa Rosa, California Hard Money Purchase Loan
Condominium

$330,000

San Francisco, California Hard Money Refinance Loan
Condominium

$150,000

San Diego, California Hard Money Refinance Loan
Condominium

$200,000

Riverside, California Hard Money Refinance Loan
Single Family Residence

$175,000

Santa Rosa, California Hard Money Refinance Loan
Single Family Residence

$375,000

Fresno, California Hard Money Refinance Loan
Single Family Residence

$425,000

Riverside, California Hard Money Blanket Refinance Loan
Industrial Condominiums

$600,000

San Francisco, California Hard Money Refinance Loan
Single Family Residence

$850,000

San Jose, California Hard Money Refinance Loan
Single Family Residence

$1,075,000

These success stories highlight our commitment to short closing times, flexible loan terms, and a streamlined loan process—wherever you are in Southern California or the Bay Area.

Why California Hard Money?

Easy qualification isn’t the only benefit of California hard money loans. Traditional loans come with lengthy approvals, strict FICO and income requirements, hidden fees, and almost guaranteed appraisal delays.

Hard money loans from Source Capital get you:

Fewer documents
Faster access to capital
Greater flexibility for investors

Close in as little as 7 days

Hard Money Loan Programs

Whether you’ve been turned away from traditional lenders or are looking for a better alternative for your next real estate investment, It’s time to discover what California hard money lenders Source Capital can do for you.

Explore our range of private money loans:

What makes Source Capital’s California hard money loans stand out? As a direct lender, we underwrite all loans in-house. No brokers, no middlemen, just faster lending decisions.

Client Testimonials

“We were very pleased with the service we received from Source Capital. Communication was clear and responsive, funding was quick, and terms were as agreed and proposed.”

Brian OverstreetPresident, Advera Health Analytics

“Sacha and his team were on point from our first call to funding. They were professional and easy to work with. We will definitely be using them for our future transactions”.

Mark O’ToolePresident, Pacific Coast Home Mortgage & Real Estate Inc.

“The staff at Source Capital has helped me create new income streams. They are consistent, direct and deliver every time.”

Michael KornAgent, Keller Williams Realty

“As a lender myself, working with Source Capital shows that there are still a lot of good people in our industry, and we will definitely be in connection to do future business together. Job well done.”

Anthony TrujilloMortgage Broker, Paramount Partners

“I have never dealt with a hard money lender before but I can tell you my experience with Source Capital was very positive. I highly recommend”

Courtney RothClient

“Recently completed another flawless transaction with Source Capital. Why would anyone want to go anywhere else? They’re the best.”

Marianne BordognaAgent, Keller Williams Realty

“The team at Source Capital Funding was fantastic. Their professionalism, speed and solid loan terms is why I will be coming back to close more business with them.”

Sergio AbbudSenior Loan Officer, Better Rate Mortgage

“The team at Source are consummate professionals who work efficiently and effectively. Simply stated- truly exemplary and professional people”

Paul ElamOwner, San Diego’s Real Estate

“Source Capital has been an absolute pleasure to work with throughout. These guys are on top of their game.”

Tyler HansonAssociate Broker, Cushman & Wakefield

“In all my years, I can confidently say they are the most professional, prompt, courteous, and efficient private lender I have ever worked with!”

Greg ShieldsOwner, GSI Appraisals

“They were very responsive and extremely helpful and would certainly use them again. I highly recommend their services.”

Alvin FuchsAgent, Keller Williams Realty

“Highly recommend Source Capital Funding if you need money fast and you value efficiency. I will go back to them again if I need funding in the future. “

Kendall HeathClient

“I have always had a highly professional and honest experience with everyone on their team and would recommend to anyone looking for financing.”

Andrew BellahOwner, The Bellah Group

“They are always so patient, helpful, and professional. and have helped me so much! This can be such a stressful process, but they make it all so easy.”

Lauren MarcusClient

“Smooth and fast transaction as the loan was funded in 8 days. They are a pleasure to work with – Strongly Recommended.”

Borna EftekariAgent, Farmers Insurance

Why Choose Source Capital as Your California Hard Money Lender?

Fast, In-House Decisions

Our team understands the importance of a timely offer and fast funding. That’s why we approve and underwrite every loan in-house. Close in just 7-10 days so you never miss out on a California real estate investment opportunity.

Proven Track Record

We’ve funded more than $550M in California hard money loans since we opened our doors in 2007. Whether you’re looking for a residential or commercial real estate loan, you can trust our team of experienced hard money lenders.

Well-Capitalized & Reliable

Whatever your investment need, we’re here to help. We fund private money loans up to $5M with flexible financing options. When you’re ready to invest in real estate, you can count on us to provide the funding you need.

How to Get Approved for a California Hard Money Loan

1. Apply Online

It takes minutes to complete our simple, online application to get prequalified for a loan.

2. Get Approval

After underwriting your loan, we will provide you a written Loan Commitment providing loan terms for approval.

3. Loan Funded

In a matter of days, not weeks like most lenders, the loan is funded through escrow and funds wired to you directly.

4. Pay Monthly

You make monthly payments via mail, phone or direct deposit. It’s that easy.

California Hard Money Loan Terms

INTEREST RATES	8.99% – 11.99% – First Position 11.99% -13.99% – Second Position	LOCATION	Arizona, California, Colorado, Minnesota and Texas only
LOAN AMOUNTS	$100,000 – $5,000,000	TYPES OF LOANS	Acquisition, Refinance and Cash-Out
LOAN DURATION	12-24 months	LIEN POSITION	First and Second Trust Deeds Only
ORIGINATION FEE	Starting at 2.0% of loan amount, depending on loan size and length of term	PROPERTY TYPES	Owner and Non-Owner Occupied Residential. Multifamily, Commercial, Industrial, Office, Retail, Mixed Use
LOAN TO VALUE	Up to 65% LTV in first position Up to 50% CLTV in second position	APPRAISAL FEE	None
CLOSING TIMEFRAME	10 business days or less	PREPAYMENT PENALTY	None

There are no minimum credit scores, employment requirements or financial minimums to qualify for a loan.

*All loans are secured by real estate for business purposes only

APPLY NOW

Cities We Serve in California

Wherever you reside in California, Source Capital is here for you. We fund real estate loans across the state:

Anaheim , Bakersfield, Fresno, Long Beach , Los Angeles, Modesto, Oakland, Orange County, Palm Springs, Richmond, Riverside , Redding, San Francisco, San Jose, Santa Barbara, San Diego, Sacramento , Santa Ana, Santa Rosa , Stockton

California Hard Money Lender FAQs

How Fast Can I Get Funded in California?

As direct lenders, we move very quickly. Traditional loans take months to get funded. With Source Capital, you can get approved for your hard money loans in as little as 24 hours and have your hard money loans funded in 7-10 days.

What Type of Loans Do You Offer?

We offer a range of different loan types to real estate investors in California. Choose your loan program based on:

Property type: Explore commercial loans, investment property loans, multi-family loans, owner-occupied loans, and residential loans.
Purpose and structure: Choose from asset-based loans, bridge loans, cash out loans, probate and estate loans, and second mortgages.
Credit and specialty loans: We fund private money loans, stated income loans, subprime loans, and trust loans.

Are Hard Money Loans Legal in California?

Yes, hard money loans are a safe and legal loan type in California. Source Capital is a licensed California hard money lender and complies with all state and federal regulations. Our reputation speaks for itself. Our lenders have a combined 40 years of experience in hard money lending and have funded over $550M in loans.

How Do Hard Money Loans Work in California?

Here’s what to expect when applying for your hard money loan:

Online prequalification: Complete our brief online application with your property details and desired loan amount.
Document submission: Submit your documents including appraisal, contractor bid, and scope of work, via our secure online portal.
Appraisal and underwriting: We’ll send a local appraiser to review your property and have our in-house underwriters review your documents. Then, we’ll send an approval letter with your loan terms.
Signing and disclosure: That same day, we’ll send documents for you to sign via e-signature.
Funding: You’ll receive funding within 24-hours of signing your loan.

What Are the Typical Terms of a Hard Money Loan in California?

When you get a hard money loan from Source Capital, you can count on favorable terms like:

Interest rates: 8.99% to 11.99% for first position loans, 11.99% to 13.99% for second position loans
Loan amounts: $100k to $5M
Loan duration: 12-24 months
Origination fee: Starts at 2%
LTV: Up to 65% for first position loans, up to 50% for second position loans
Closing time frame: 10 business days or less
Appraisal fee: None
Prepayment penalty: None

What Credit Score Do I Need?

Unlike other hard money lenders, Source Capital has no minimum credit score requirements. Anyone is encouraged to apply, no matter their credit score or financial history.

What Happens If I Default on a Hard Money Loan?

Defaulting on a hard money loan may result in foreclosure on your collateral property. If you’re at risk of defaulting on your loan, contact your lender to try and find an alternate solution.

Do You Offer Owner-Occupied Loans?

Yes, we offer owner-occupied loans in California. These loans are designed for real estate investors who intend to live in the property they’re taking out a loan for. We abide by all state-specific rules and requirements for owner-occupied hard money loans.

Get Funded Fast – Apply Today!

Provide us some brief information about your hard money needs and a decision maker will get back to you as soon as possible to discuss.

What We Offer

Same Day Approvals
Rates starting at 8.99% Interest
Poor Credit OK
No Debt to Income Requirements
No Prepayment Penalties
No Appraisal Fees
$100,000 to $5,000,000 Loan Amounts
Residential, Commercial, Industrial
1st & 2nd Trust Deeds
Up to 65% Loan-to-Value (LTV)
Up to 50% Combined LTV (2nd Loans)
Closings in 7-10 Days

NOTE: All loans are secured by real estate only as collateral. We do not fund personal loans.

Apply Now