Bakersfield Hard Money Loans
- Direct Private Lender
- Loans from $100,000 to $5,000,000
- Quick Approvals. Fast Funding
What is a Bakersfield Hard Money Loan?
- No minimum credit score requirements
- Past bankruptcy or foreclosure is OK
- No income verification or employment history needed
- Foreign nationals, LLCs, and corporations welcome
Terms
Loans up to 65% loan-to-value with funding amounts from $100,000 to $5,000,000.
Speed
As direct hard money lenders in Bakersfield, we offer fast approvals and efficient closings.
Requirements
Qualification is based on property equity and deal fundamentals, not financial documentation.
Benefits
No prepayment penalties or appraisal fees and no unnecessary “junk” fees.
Bakersfield Loan Programs
Hard Money Loans
Bridge Loans
Private Money Loans
Real Estate Loans
DSCR Loans
Owner-Occupied Loans
What California Borrowers Say About Us
How It Works
It takes minutes to complete our online application to get prequalified for a loan.
After underwriting your loan, we will provide you a written Loan Commitment providing loan terms for approval.
In a matter of days, not weeks like most lenders, the loan is funded through escrow and funds wired to you directly.
You make monthly payments via mail, phone or direct deposit. It’s that easy.
Why Source Capital Is One of the Best Hard Money Lenders in Bakersfield
Diverse Financing Solutions
We structure financing solutions that align with the needs of Bakersfield real estate investors, from single-family rentals to commercial properties
Competitive Rates
Rates generally range from 8.99% to 11.99% for real estate loans in Bakersfield, depending on property type and leverage.
Proven Success
Source Capital is an A+ BBB Accredited Business known for ethical lending practices and consistent execution.
Strong Brand Recognition
We are a well-established private money lender in Bakersfield that has been featured in Business Insider, MSN, and Realtor.
Deal directly with the lender
Bakersfield Loan Rates
|
Interest Rates |
8.99% – 11.99% (1st Position)
11.99% – 13.99% (2nd Position) |
|
Loan Amounts |
$100,000 – $5,000,000 |
|
Loan Duration |
12-24 months |
|
Closing Timeframe |
10 business days or less |
|
LTV ratios |
Up to 70% LTV (1st Position)
Up to 60% LTV (2nd Position) |
|
Prepayment Penalty |
None |
|
Appraisal Fee |
None |
|
Credit Score |
No minimum |
|
Property Types |
Non-owner-occupied (multifamily, industrial, office, retail, and mixed-use) |
|
Origination Fee details |
Starting from 2.0% of loan amount (varies by size & term length) |
Cities We Serve in California
- Anaheim
- Bakersfield
- Fresno
- Long Beach
- Los Angeles
- Modesto
- Oakland
- Orange County
- Palm Springs
- Redding
- Richmond
- Riverside
- Sacramento
- San Diego
- San Francisco
- San Jose
- Santa Ana
- Santa Barbara
- Santa Rosa
- Stockton
As Featured In
Testimonials
“Smooth and fast transaction as the loan was funded in 8 days. They are a pleasure to work with – Strongly Recommended.”
Borna Eftekari
- Agent, Farmers Insurance
“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 Marcus
- Client
“I have always had a highly professional and honest experience with everyone on their team and would recommend to anyone looking for financing.”
Andrew Bellah
- Owner, The Bellah Group
“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 Heath
- Client
“They were very responsive and extremely helpful and would certainly use them again. I highly recommend their services.”
Alvin Fuchs
- Agent, Keller Williams Realty
“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 Shields
- Owner, GSI Appraisals
“Source Capital has been an absolute pleasure to work with throughout. These guys are on top of their game.”
Tyler Hanson
- Associate Broker, Cushman & Wakefield
“The team at Source are consummate professionals who work efficiently and effectively. Simply stated- truly exemplary and professional people”
Paul Elam
- Owner, San Diego’s Real Estate
“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 Abbud
- Senior Loan Officer, Better Rate Mortgage
“Recently completed another flawless transaction with Source Capital. Why would anyone want to go anywhere else? They’re the best.”
Marianne Bordogna
- Agent, Keller Williams Realty
Recently Funded Transactions
Hard Money Loan Resources for Bakersfield Borrowers
- Blog, Bridge Loans
Bridge loans are short-term financing solutions that help borrowers cover funding gaps while they wait
- Blog, Hard Money Loans
A hard money loan can be a valuable financing solution, but are hard money loans
- Blog
California’s real estate market moves fast. Whether you’re purchasing an investment property, funding a renovation,
- Blog
Hard money loans are designed to provide fast, asset-based financing for two main reasons: for
Get prequalified today
Frequently Asked Questions about Bakersfield Hard Money Loans
What are the current hard money loan rates in Bakersfield?
How do Bakersfield hard money lenders qualify borrowers?
How fast can I get funded in Bakersfield?
What types of properties qualify for a Bakersfield hard money loan?
Eligible properties commonly include single-family and multi-family residences, retail buildings, office space, industrial facilities, and other commercial assets.
