California Hard Money Construction Loans

FK Capital Fund Inc. provides California hard money construction loans for experienced investors, builders, and real estate operators who need short-term capital for shovel-ready construction or major rehab projects. These loans are designed for business-purpose real estate transactions where the collateral, borrower equity, construction plan, budget, permits, and exit strategy support the request. For borrowers comparing available private lending options, our broader hard money loan programs page provides an overview of additional financing structures.

Construction lending requires more than simply underwriting the current property value. FK Capital reviews the sponsor, project basis, completed value, budget to complete, plans, permits, draw structure, contingency, timeline, and repayment strategy to determine whether the project can be completed and repaid within a realistic short-term loan horizon.

What FK Capital Reviews

• Property location and collateral type
• Current value, completed value, and valuation support
• Loan-to-cost, loan-to-value, and borrower equity
• Budget to complete, contingency, plans, and permits
• Sponsor and general contractor experience
• Construction timeline and draw schedule
• Exit strategy, including sale, refinance, or payoff plan
• Title, insurance, lien, legal, or permitting issues

Best Fit Scenarios

• Shovel-ready ground-up construction projects
• Major rehab or completion projects with clear budgets
• Investor or builder projects with meaningful borrower equity
• Projects with plans, permits, and a realistic construction timeline
• Short-term business-purpose loans with a defined sale, refinance, or payoff strategy
• California residential, commercial, or mixed-use real estate projects where the structure supports the risk