Hard money is short-term, asset-based financing secured by the Beverly Hills property — funded in days, based on equity not income. Typical: ~9.5–15% rate, 1.5–4 points, 65–75% LTV, 6–24 months. Ideal for estate renovation/spec, beating cash, bridge, and fast entity/foreign-national closings — then refinanced. Full program details.
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How hard money works
A hard money lender looks first at the property and its equity, not your tax returns — which is why funds can arrive in days, and why it works even when a buyer is a foreign national or an entity without a simple US income picture. The higher rate and points buy speed; it's a short-term tool you exit by refinancing into a permanent loan or selling.
When Beverly Hills buyers use it
✓ Great for
- Estate renovation & luxury spec projects
- Beating cash offers on a trophy property
- Bridge: buy before you sell
- Fast entity, trust, or foreign-national closings
✗ Not ideal for
- Long-term hold with no exit plan
- Buyers with time for standard financing
- Lowest-possible-rate seekers
- Deals with thin equity
Typical terms (2026)
| Feature | Typical |
|---|---|
| Basis | Property & equity — not income |
| Rate | ~9.5–15% |
| Points | ~1.5–4 |
| LTV | ~65–75% |
| Term | ~6–24 months |
| Speed | Days to ~2 weeks |
Terms vary by lender, deal & equity; illustrative for 2026, not an offer. Confirm zoning/permits/entity rules independently.
Hard money FAQs
What is it?
Short-term, asset-based financing secured by the property.
Beat a cash offer?
Yes — closes in days for a cash-like, low-contingency offer.
Foreign national / entity?
Often yes — fund fast on the asset, refinance into permanent later.
Typical terms?
~9.5–15% rate, 1.5–4 pts, 65–75% LTV, 6–24 mo. Illustrative.
Offer it in BH?
Yes — with a construction, permanent, or foreign-national exit.
Save Financial is a California-licensed mortgage brokerage (NMLS #377740, DRE #01875766), serving Beverly Hills from its Marina del Rey office. Confirm zoning, permits, and entity requirements independently.