Bottom Line Up Front
Hard money loans are short-term, asset-based loans secured by the property itself rather than the borrower's creditworthiness. Ideal for real estate investors who need quick funding for purchases, fix-and-flips, bridge situations, or projects that don't qualify for traditional financing. Save Financial is a top-rated California hard money lender with turnaround times as fast as 24 hours for business purpose loans.
Overview
Hard money loans are short-term, asset-based loans secured by the property itself rather than the borrower's creditworthiness. Ideal for real estate investors who need quick funding for purchases, fix-and-flips, bridge situations, or projects that don't qualify for traditional financing. Save Financial is a top-rated California hard money lender with turnaround times as fast as 24 hours for business purpose loans.
Who Qualifies?
Property value (up to 75% LTV/LTC). No minimum FICO for many programs. Stated income accepted. Good or bad credit OK. 1st liens up to 75% LTV, 2nd liens up to 65% CLTV.
Key Benefits
- ✓Approval in as little as 24 hours
- ✓No W-2s, tax returns, or pay stubs required
- ✓Bad credit OK — asset-based approval
- ✓Up to 75% LTV (90% possible in some cases)
- ✓12-24 month flexible terms
- ✓Retail, industrial, office, and residential properties
✅ Pros
- Lightning-fast funding
- Minimal documentation
- Credit-flexible
- Ideal for time-sensitive deals
⚠️ Considerations
- Higher interest rates (from 10%)
- Short repayment terms (12-24 months)
- Prepayment penalties (3-6 months)
- Points and origination fees
California-Specific Information
Save Financial is one of California's top-rated hard money lenders on Google. We fund commercial and residential hard money loans statewide for purchases, refinances, fix-and-flips, bridge financing, and development projects.
Rates & Pricing
Starting from 10% for purchases, 10.5% for refinances. Rates vary based on LTV, property type, and borrower scenario.
Why Choose Save Financial for Hard Money Loans?
Save Financial is a trusted California mortgage broker (NMLS #377740) with 45 years of combined experience and relationships with 20+ wholesale lenders. We specialize in finding the best hard money loans rates and terms for California borrowers. Our $500 price guarantee means if we can't beat another lender's offer, you get $500. We serve 60+ California cities from our offices in Newport Beach and Marina del Rey, and our team speaks English and Spanish.
Call (888) 703-1840 or get a free quote online — open 7 days a week, 9AM–8PM.
$500 Cash Loan Price Match Guarantee
Get a written offer from any lender. If Save Financial cannot beat it for the same product, we pay you $500 cash.
NMLS #377740 · DRE #01875766 · Call (888) 703-1840
Reviewed By
Mike Baasti, Licensed Mortgage Broker
Founder of Save Financial, Inc. (NMLS #377740) in Newport Beach, CA. 20+ years in residential and investment lending across conventional, FHA, VA, jumbo, hard money, bank statement, and specialty mortgage programs.