Hard Money – Rehab Loans

Apply for your Hard Money Loan Here

This is your classic short-term Private Money Loan.

  • Fast approvals and closings
  • Lower rates for experienced investors
  • Low documentation requirements
  • Credit matters, but we’re not credit intense.
Loan Minimums

If you’re in the Dayton, Cincinnati, or Columbus region, there is not a loan minimum.

If you are outside our usual footprint, the minimum loan is $75,000. 

Down Payment

You will have a down payment. Most often it’s 25% of the purchase price.
There is a minimum of down payment of $12,500.

Rehab Funds

We can usually fund 100% of the Rehab.

Loan Costs

We don’t have a long list of fees and charges. For a $100,000 loan, it’s 4 points + $130, + title company fees. If the loan is under $100,000, it’ll be more than 4 points, but no more than $4,000. You can look it up on the Private Money flyer below. If an appraisal is required, you’ll pay for the appraisal.

Repeat borrowers may get the option to roll the points into the loan.

Interest Rate

The interest rate is usually 12%. Depending on details it could be different, but that doesn’t happen very often.

Loan Terms

Twelve months with monthly interest only payments. Generally, it’s pretty easy to extend if you’ve been a good borrower.

Additional Info

Loan requirements for most property types are similar. We focus on 1-4 family residential and apartments, but we’ve also done condos, townhomes, industrial buildings and more.

Apply for your Hard Money Loan Here

Note:  Interest Rate and terms are subject to change.  Final terms vary according to the specifics of the loan transaction.  Please call for details.