Hard Money Lenders in San Diego, CA

San Diego hard money lenders sit mostly in and around downtown: Source Capital Funding on West Broadway, Key Real Estate Capital on West A Street, and Wilshire Quinn Capital and Weldon Financial on Fifth Avenue. Loan Goat is on El Cajon Boulevard, Proptero Funding on Mission Boulevard, North Coast Financial on Friars Road, Lantzman Lending in Sorrento Valley and SD Equity Partners in Poway. Several also lend well beyond San Diego: Wilshire Quinn Capital (California and nationwide), North Coast Financial (all of California), Key Real Estate Capital and Loan Goat (nationwide) and Lantzman Lending (California, Nevada and Idaho).

San Diego hard money lenders and what each one publishes

Ratings and review counts are as shown on each lender's Google Maps listing on November 2, 2026. Terms are quoted from each lender's own website, read the same day. Listed alphabetically, not ranked. Confirm current terms with the lender before you rely on them.

Credit floors are unusually explicit here. Loan Goat publishes minimum scores by product: 650 for bridge loans, 620 for fix and flip and 600 for construction. Lantzman Lending says it is licensed in California, Nevada and Idaho, and Weldon Financial says it invests its own money and usually stays under 70% of value. Key Real Estate Capital is a nationwide lender with loans up to $10M and DSCR rates from 5.875%.

San Diego hard money loans: published starting rates

Seven of the nine lenders print a starting rate for short-term loans (Key Real Estate Capital publishes only a DSCR rate, from 5.875%). The spread from lowest to highest is almost three points, which on a San Diego loan size is real money:

Loan Goat publishes separate ranges by product: 9.00% to 13.00% on bridge loans and 9.99% to 12.00% on fix and flip, while Source Capital Funding quotes 8.99% to 11.99% on first mortgages and Wilshire Quinn Capital 9% to 12%. North Coast Financial adds that points start at 1.5, and Weldon Financial that its origination fee is typically 2%.

Fix and flip loans in San Diego: how much each lender covers

A house that would sell at the $906,700 median after a $120,000 renovation can be bought for $514,690 under the 70% rule, a total cost of $634,690. Three lenders publish leverage that applies directly:

Six months of interest at Lantzman's 8% floor on its $571,221 loan is $22,849; at Proptero's 6.99% on $583,221 it is $20,384. SD Equity Partners' quoted limit covers the purchase price only, so the $120,000 renovation would be yours unless it agrees to fund draws.

Documentary transfer tax and property tax in San Diego

The San Diego County Recorder collects documentary transfer tax under Revenue and Taxation Code 11911 at $0.55 per $500 or fractional part of the value (San Diego County Recorder). On the median price that is $997.70. Confirm with escrow whether a city transfer tax also applies to the address.

For property tax, the Auditor and Controller's tax rate book describes a 1% countywide rate on real property under Proposition 13 (San Diego County Auditor and Controller), with voter-approved rates added by tax rate area. The 1% alone on a property assessed at the median value is $9,067 a year.

San Diego rents and the DSCR refinance

San Diego has the highest Census median rent of the fifteen cities with pages on this site, $2,313 a month, but against a $906,700 median value that is a gross yield of just 3.06%. With Lima One Capital's published rental terms (as low as 6.5%, 1.0 minimum ratio; Lima One), an 80% loan of $725,360 costs $4,584.77 a month and the median rent covers 0.50 of it. Lantzman Lending's DSCR loans start at 6%, which brings the payment to $4,348.90 and the coverage to 0.53. The rent supports about $365,942 at 1.0, so plan the exit as a sale unless the property has extra units.

If you are buying a foreclosure in San Diego County

Most California foreclosures skip the courthouse. The state courts' self-help guide explains that lenders can use the power of sale clause in most mortgages to foreclose without a lawsuit, which is why nonjudicial foreclosure is the most common route (California Courts). The guide also notes the trade-off for lenders: after a nonjudicial sale they usually cannot get a court order for any shortfall, while a judicial foreclosure allows a deficiency judgment (California Courts) but gives the owner a right to buy the home back afterward, 3 months or 1 year depending on whether the sale covered the debt (California Courts). Check which route a property went through before you bid or close.

San Diego in Census figures

San Diego has 568,668 housing units and 530,412 occupied homes, 47.3% of them owner-occupied. Only 6.7% of units were unoccupied when surveyed, the second-lowest share of the fifteen cities after Phoenix.

National lenders active in California

The national lenders that say they lend in California are Lima One Capital, Kiavi, Easy Street Capital, New Silver, Sherman Bridge, Express Capital Financing, LendingOne and Griffin Funding; Groundfloor, RCN Capital and CoreVest do not say where they lend. See the California hard money lenders page for their rates and the Los Angeles hard money lenders page for the market up the coast.

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