Hard Money
Auction Loans in San Francisco, CA
Secure your Auction Loans in San Francisco with a lender who understands the local landscape. We serve all of San Francisco County, including Mission District and Pacific Heights, offering fast approvals and personalized service.
Key Facts About Auction Loans
CMRE Auction Loans funds in as few as 7 business days.
CMRE Auction Loans is asset-based — property value drives qualification.
CMRE Auction Loans LTV ranges from 65% to 90% ARV.
CMRE offers fix-and-flip rehab draws through Auction Loans.
CMRE Auction Loans funds in as few as 7 days.
CMRE Auction Loans is asset-based.
CMRE Auction Loans LTV up to 90% ARV.
CMRE offers rehab draws through Auction Loans.
Program Benefits
Fast funding for quick auction closings.
Competitive rates, starting at 9.875%, for optimal profitability.
Flexible terms tailored to your specific investment strategy.
Ideal for fix-and-flip projects, renovations, and investment properties acquired at auction.
Simplified application process with minimal red tape.
Access to capital for properties that may not qualify for traditional financing.
Program Highlights
Max LTV
70%
Min Credit Score
600
Max DTI
55%
Loan Amount Range
$50K - $5M
Amortization Options
Eligible Properties
- Single Family
- Multi-Family
- Condo
- Townhouse
- Commercial
Program Requirements
Income Documentation
- •Demonstrated ability to repay the loan based on current income or project profitability.
- •Verification of income sources through pay stubs, tax returns, or bank statements.
- •Clear and stable income history.
Asset Verification
- •Sufficient liquid assets to cover down payment, closing costs, and any required reserves.
- •Verification of asset ownership through bank statements or investment account statements.
- •Acceptable asset types include cash, stocks, bonds, and other readily convertible assets.
Insurance & Title
- •Property insurance coverage to protect against damage or loss.
- •Liability insurance to cover potential accidents or injuries on the property.
- •Flood insurance, if the property is located in a designated flood zone.
Property Requirements
- •Minimum FICO score of 600.
- •Review of credit history to assess risk and repayment ability.
- •Consideration of past bankruptcies, foreclosures, or other adverse credit events.
Auction Loans in San Francisco: The Complete Guide
What Is Auction Loans?
Auction loans are a specialized type of financing designed for purchasing properties at auction. These loans are typically short-term and offer a faster closing process compared to traditional mortgages. This makes them ideal for the fast-paced environment of real estate auctions. With CMRE's Auction Loans, you can secure the funding you need quickly and efficiently, allowing you to bid with confidence and secure your desired property.
Who Uses Auction Loans?
- •Fix-and-flip investors needing fast acquisition and rehab capital.
- •Bridge borrowers financing between a sale and a purchase.
- •Auction buyers needing proof of funds and rapid closing.
- •Property owners facing foreclosure who need emergency refinancing.
- •Investors purchasing non-conforming properties traditional lenders won't finance.
Auction Loans Terms and Structure
- •LTV: 65%-80% as-is value or 70%-90% ARV for fix-and-flip.
- •Terms: 6 months to 3 years — designed as short-term bridge.
- •Interest rates: 9%-14% depending on LTV, condition, borrower experience.
- •Interest-only payments standard. Exit strategy required.
- •CMRE funds in as few as 7 business days.
Get Auction Loans from CMRE
- •Step 1: Submit property details — address, price, value estimate, scope of work.
- •Step 2: CMRE issues term sheet within 24-48 hours.
- •Step 3: Appraisal or BPO — fast-track available.
- •Step 4: Underwriting on property value and exit strategy.
- •Step 5: Funding in as few as 7 business days.
Auction Loans Comparison: Hard Money vs Bridge vs DSCR vs Conventional
- •Hard money loans (7-14 days closing, 9%-14% rates, 65%-90% LTV) are fastest but most expensive. Bridge loans offer slightly longer terms (6-24 months) at similar rates. DSCR loans provide permanent financing (30-year terms, 7%-9% rates) for stabilized rentals.
- •CMRE strategy: use Auction Loans for acquisition speed, then refinance into DSCR or conventional once the property is stabilized. This "acquire-rehab-refinance" cycle is the foundation of scalable real estate investing.
- •For fix-and-flip investors, CMRE provides rehab draw schedules that release renovation funds in stages as work is completed. This minimizes interest costs by funding only what's needed at each project milestone.
- •Experienced investors with 5+ completed projects may qualify for CMRE's preferred borrower rates (1-2% lower) and higher LTV allowances. CMRE tracks borrower performance and rewards consistent execution.
Current Mortgage Rates
30-Year Fixed Rate
6%
as of 3/5/2026 · FRED
15-Year Fixed Rate
5.43%
as of 3/5/2026 · FRED
Rates are national averages and may differ from your actual rate. Contact us for a personalized quote.
Get Your Rate →Auction Loans in San Francisco, CA
San Francisco mortgage loans with competitive rates. CMRE serves all SF neighborhoods from SOMA to Pacific Heights. Custom Mortgage & Real Estate specializes in providing high-fidelity Auction Loans solutions tailored to the unique economic landscape of San Francisco and the surrounding San Francisco County.
Our FinTech-driven approach allows us to offer competitive rates and streamlined processing for homeowners and investors across the entireSan Francisco metropolitan area.
Service Areas & Neighborhoods
Our San Francisco Presence
Local Knowledge. Global Rates.
16501 Ventura Blvd STE 400
Encino, CA 91436
Direct Line
877-976-5669Common Questions About Auction Loans in San Francisco
What are current Auction Loans rates in San Francisco, CA?
Auction Loans rates in San Francisco depend on loan amount, credit profile, and property type. CMRE publishes updated San Francisco rate ranges daily and provides locked quotes within 24 hours of application.
How long does Auction Loans closing take in San Francisco?
CMRE typically closes Auction Loans loans in San Francisco within 21-30 days from application. Pre-approval takes 24 hours, and our CA-licensed team coordinates title, escrow, and appraisal concurrently to save time.
How fast can CMRE fund Auction Loans in San Francisco?
CMRE funds hard money and bridge loans in San Francisco in as fast as 7 business days. Experienced investors in San Francisco County with strong equity positions may qualify for expedited underwriting.
What LTV does Auction Loans allow in San Francisco?
Auction Loans from CMRE in San Francisco typically requires 65-80% LTV depending on property type and borrower experience. Fix-and-flip investors in San Francisco County may access higher leverage with track record documentation.
Application Process
Six simple steps from application to funding
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Why Choose Custom Mortgage?
Your trusted partner in real estate financing
Extensive Experience
Over 25 years of proven expertise in mortgage lending and real estate financing
Comprehensive Loan Options
Wide range of programs from conventional to specialized non-QM and hard money solutions
Nationwide Coverage
Licensed in multiple states with the ability to fund loans across the country
Flexible Solutions
Customized financing options for unique situations that traditional lenders decline
Competitive Rates
Access to wholesale pricing and volume discounts passed directly to our clients
No Upfront Fees
Transparent pricing with no application fees or upfront costs to get started
Frequently Asked Questions
Auction loans are designed for speed, with typical closing timeframes ranging from 7 to 14 days.
Yes, many of our auction loans can be used to finance renovations and repairs, allowing you to increase the value of the property.
Hard money loans offer speed, flexibility, and accessibility for properties that may not qualify for traditional financing, making them ideal for auction purchases.
Yes, CMRE provides educational resources and personalized support to help first-time auction buyers navigate the process with confidence.
As few as 7 business days from application. Same-day term sheets available.
65%-80% of current value. Fix-and-flip: up to 90% ARV.
Primarily asset-based — property value matters most. Credit is a factor but not the primary driver.
Typically 9%-14% depending on LTV, condition, and experience. 1-3 origination points.
Auction Loans by Location
Get local rates, loan limits, and market data for Auction Loans in your area.
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View county-level market data, loan limits, and mortgage rates on our territory pages.
Browse All Territories →TESTIMONIALS
Success stories from families and investors across the nation who achieved their goals with CMRE.
"I've been working with Custom Mortgage and Real Estate for over five years now, and they've totally helped me get through a bunch of tricky transactions. Their team is super helpful all the way through, making sure everything goes off without a hitch. I seriously recommend Custom Mortgage to anyone who needs financing or a solid real estate broker."
RENE M
"I just worked with Custom Mortgage and Real Estate, and seriously, I can't recommend them enough. They have helped my family and me with a bunch of transactions, always receiving results that nobody else could. Their team is super responsive and really experienced, which made everything go through smoothly with no stress at all."
ARTHUR G
"As an investor in real estate and an agent, I totally count on Custom Mortgage and Real Estate for my deals since they've got loads of experience. They have these unique programs that I just can't find anywhere else, and it really gives me an advantage. After researching a number of companies, the offers from Custom Mortgage were the best out there."
