Why flippers finance California projects with Mortava
In a market like California, speed and leverage decide your margin. Mortava funds up to 95% of cost plus the full rehab, reimburses draws within 24 hours, and sends indicative term sheets in about two hours — so you can compete on Los Angeles, San Diego, Sacramento, Riverside deals and recycle capital into the next project faster.
California deals are won on structure: at Los Angeles and San Diego price points, interest-only options and 40-year terms are often what makes the payment-to-rent math work. Investors here typically trade current yield for long-run equity.
Top metros we fund
Los Angeles, San Diego, Sacramento, Riverside
Max leverage
Up to 95% LTC + 100% of rehab
Speed
Draws in 24h · close in 7–10 days · 2-hr term sheets
Terms
12–18 months · up to $5M · FICO 620+
Guidelines reviewed July 2026 by the Mortava lending team.