Know what your deal should cost before you sign a term sheet.
Hard money loan rates in California generally range from about 8% to 12% in 2026, with 1 to 3 points in origination fees. Where your deal lands in that range depends on a handful of factors: loan-to-value, property type, location, your experience as an investor, and your exit strategy.
Lower leverage earns lower rates. A 55% LTV cash-out refinance on a stabilized rental in Los Angeles will price meaningfully better than an 85% LTC fix-and-flip in a rural market. First position loans price lower than second position, and residential investment property typically prices below specialty commercial assets.
As a direct lender, Fidelity Funding sets its own pricing rather than marking up someone else's capital. Our rates start at 9.99% for the strongest scenarios, and because we underwrite in-house, we can tell you your actual rate quickly, often the same day you submit your scenario.
Beware of lenders quoting teaser rates that change at the closing table. We issue transparent term sheets with the rate, points, term, and all fees spelled out up front, and we close on the terms we quote.
Most California hard money loans in 2026 price between roughly 8% and 12% interest-only, with 1 to 3 points. Low-leverage deals with experienced borrowers can price below that range; higher-risk scenarios price above it.
Lower loan-to-value is the biggest lever. Beyond that: a strong track record of completed projects, a clear and realistic exit strategy, better property condition, and metro-area locations all improve pricing.
Points reflect the work and risk in the deal. On larger, cleaner loans, we have flexibility to trade between rate and points depending on how long you plan to hold the loan.
Many of our short-term bridge and fix-and-flip loans have no prepayment penalty. Some programs carry a short minimum-interest period. Every term sheet states this clearly before you commit.
You are paying for speed, leverage, and flexibility: closings in days instead of months, no tax-return underwriting, and financing on properties banks decline. For a short hold, the total cost difference is often small relative to the profit the speed makes possible.
Fidelity Funding Corp · Direct California private money lender since 2006
450 N Brand Blvd, 6th Floor · Glendale, CA 91203 · Mon-Fri 8AM-6PM PT