Commercial
Commercial Hard Money in Bakersfield, CA
Looking for the best Commercial Hard Money in Bakersfield, CA? Our local team specializes in helping Bakersfield residents secure competitive financing. Whether you're buying in Downtown or Seven Oaks, we have the expertise to guide you.
Key Facts About Commercial Hard Money
CMRE commercial loans finance office, retail, industrial, and multifamily properties.
Commercial loans from CMRE range from $500,000 to $50 million.
CMRE commercial programs offer 5, 7, and 10-year fixed-rate terms.
Commercial loans at CMRE require a minimum DSCR of 1.25.
CMRE commercial lending covers acquisition, refinance, and construction.
CMRE Commercial Hard Money ranges from $250,000 to $50,000,000.
CMRE offers commercial bank statement programs for Commercial Hard Money.
CMRE Commercial Hard Money closes in LLC, corporation, or trust names.
Program Benefits
Fast closing times, often within days.
Flexible loan terms tailored to your specific project needs.
Ideal for fix-and-flip projects, bridge financing, and short-term investments.
Asset-based lending focuses on the property's value, not just your credit score.
Access capital for projects that may not qualify for traditional financing.
Competitive rates starting at 8.5% for qualified borrowers.
Program Highlights
Max LTV
75%
Min Credit Score
640
Max DTI
N/A
Loan Amount Range
$50K - $5M
Amortization Options
Eligible Properties
- Office Buildings
- Retail Spaces
- Industrial Properties
- Multi-Family Units
- Land
Program Requirements
Income Documentation
- •Demonstrated ability to manage and repay the loan.
- •Sufficient cash flow to cover loan payments.
- •Projected income from the property (if applicable).
Asset Verification
- •Clear title to the property securing the loan.
- •Sufficient equity in the property or other assets.
- •Proof of funds for down payment and closing costs.
Insurance & Title
- •Hazard insurance covering the full replacement value of the property.
- •Liability insurance to protect against potential claims.
- •Flood insurance if the property is located in a flood zone.
Property Requirements
- •Minimum FICO score of 640.
- •Review of credit history to assess risk.
- •Explanation of any past credit issues.
Commercial Hard Money in Bakersfield: The Complete Guide
What Is Commercial Hard Money?
Commercial hard money loans are short-term loans secured by commercial real estate. They are often used by investors and developers who need quick access to capital for projects like fix-and-flips, renovations, or bridge financing. Unlike traditional commercial loans, hard money lenders focus more on the value of the property than the borrower's creditworthiness.
Qualifying for Commercial Hard Money
- •Underwritten on property income (DSCR) and borrower financial strength.
- •Typical DSCR requirement: 1.20x-1.25x (NOI / debt service).
- •2+ years business experience, adequate liquidity, acceptable credit.
- •CMRE commercial bank statement programs: qualify with 12-24 months statements instead of tax returns.
- •SBA programs (7(a), 504, Express) available for owner-occupied commercial with as low as 10% down.
Commercial Hard Money vs. Residential Lending
- •Commercial: underwritten on property cash flow. Residential: on borrower income.
- •Commercial terms: 5-10 year terms with 25-30 year amortization.
- •Commercial allows LLC/Corp entity vesting for asset protection.
- •CMRE offers both — our team determines the best structure for your situation.
Apply for Commercial Hard Money with CMRE
- •Step 1: Submit property details — type, location, price, NOI, business plan.
- •Step 2: CMRE provides preliminary terms within 48 hours.
- •Step 3: Application with financial statements, rent rolls, entity docs.
- •Step 4: Appraisal and environmental assessment.
- •Step 5: Underwriting in 2-4 weeks. Closing in 30-60 days.
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 →Commercial Hard Money in Bakersfield, CA
Bakersfield mortgage lending. Affordable home financing for Kern County. Custom Mortgage & Real Estate specializes in providing high-fidelity Commercial Hard Money solutions tailored to the unique economic landscape of Bakersfield and the surrounding Kern County.
Our FinTech-driven approach allows us to offer competitive rates and streamlined processing for homeowners and investors across the entireBakersfield metropolitan area.
Service Areas & Neighborhoods
Our Bakersfield Presence
Local Knowledge. Global Rates.
16501 Ventura Blvd STE 400
Encino, CA 91436
Direct Line
877-976-5669Common Questions About Commercial Hard Money in Bakersfield
What are current Commercial Hard Money rates in Bakersfield, CA?
Commercial Hard Money rates in Bakersfield depend on loan amount, credit profile, and property type. CMRE publishes updated Bakersfield rate ranges daily and provides locked quotes within 24 hours of application.
How long does Commercial Hard Money closing take in Bakersfield?
CMRE typically closes Commercial Hard Money loans in Bakersfield 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.
What commercial property types qualify in Bakersfield?
CMRE finances office, retail, industrial, multifamily, mixed-use, and special-purpose properties in Bakersfield and throughout Kern County. Loan amounts range from $500K to $50M with 5-10 year fixed-rate terms.
Does CMRE offer SBA loans in Bakersfield?
Yes. CMRE is an SBA Preferred Lender in Bakersfield. We offer SBA 7(a), 504, and Express loans for Kern County business owners purchasing or refinancing commercial real estate.
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
Interest rates for commercial hard money loans are typically higher than traditional bank loans, reflecting the increased risk and shorter loan terms. At CMRE, our rates start at 8.5%, but the actual rate will depend on factors such as the property's value, the borrower's creditworthiness, and the loan-to-value ratio.
One of the main advantages of hard money loans is their speed. At CMRE, we can often approve and fund loans within days, depending on the complexity of the transaction and the availability of required documentation.
The maximum LTV ratio for a commercial hard money loan varies depending on the lender and the specific property. At CMRE, we typically offer LTVs up to 75% for qualified borrowers.
CMRE Commercial Hard Money starts at $250,000. SBA may start lower. Max depends on property type — up to $50M.
Yes. Entity vesting is standard for commercial. Personal guarantee typically required.
Yes. CMRE commercial bank statement programs use 12-24 months statements instead of tax returns.
Typically 5-10 year terms with 25-30 year amortization. CMRE structures terms based on cash flow and exit strategy.
30-60 days depending on complexity. SBA: 45-90 days.
Commercial Hard Money by Location
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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."
