Santa Barbara Hard Money Loans
- Direct Private Lender
- Capital available from $100K-$5M
- Fast Funding. Quick Approvals.
What is a Santa Barbara Hard Money Loan?
- No minimum credit score needed
- No penalty for past foreclosure and bankruptcy
- Income verification and employment history not needed
- Foreign nationals, LLCs, corporations, and individuals all welcome
Terms
Up to 70% LTV with financing amounts ranging from $100,000 to $5,000,000.
Speed
Direct private funding enables streamlined underwriting and accelerated closing timelines.
Requirements
Approval is driven primarily by property equity and overall deal strength rather than income documentation or credit history.
Benefits
We have no penalties for prepayment, hidden lender fees, or “junk” fees.
Santa Barbara Loan Programs
Hard Money Loans
Get fast, asset-based hard money loans for real estate purchases, refinancing, and investment opportunities.
Bridge Loans
Use bridge loans to leverage existing equity and transition between real estate transactions with short-term financing.
Private Money Loans
Secure fast approval and flexible financing through private money loans backed by residential or commercial real estate.
Commercial Loans
Finance commercial real estate purchases, refinancing, renovations, and business property investments with flexible loan options.
DSCR Loans
Get DSCR loans designed for rental property investors using property cash flow instead of personal income.
Owner-Occupied Loans
Access owner-occupied loans with flexible qualification options for refinances.
Investment Property Loans
Secure financing for rental properties, property acquisitions, renovations, and other real estate investments based on property value and investment potential.
Non-QM Loans
Access flexible financing with alternative income documentation and qualification options for borrowers who may not meet traditional lending requirements.
Trust Loans
Obtain financing for real estate held in a trust using the property’s equity and value to support purchases, refinancing, or other financial needs.
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 Santa Barbara
Diverse Financing Solutions
We provide flexible lending programs throughout California, including Santa Barbara-based hard money lenders and the surrounding coastal communities.
Competitive Rates
Our Santa Barbara real estate loans, which include commercial loan financing, feature interest rates that typically fluctuate between 8.99% and 11.99%, depending on leverage and asset type.
Proven Success
Our Accredited Business rating remains A+, reflecting our commitment to ethical lending standards and consistent execution.
Strong Brand Recognition
Publications like MSN, Business Insider, and Realtor have written profiles of our brand, reflecting our status as a trusted private real estate lender in Santa Barbara.
Deal directly with the lender
Santa Barbara 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 Santa Barbara 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
