Offering a better alternative to hard money, Navigator Private Capital, LLC (NavCap) has reimagined private real estate lending--making it accessible to real estate investors at all experience levels.
Bridge Loans in Weber City, Virginia
Weber City, VA has 50 lenders serving the city. The mean loan amount is $283,000. The mean interest rate for loans in Weber City is 11.3%. The typical loan made in the city has a term of 14 months. The average points applied to loans is 2.9%. The average LTV offered for loans in Weber City is 73%.
Loan Example 1
Curtis finds a condo in Weber City, VA to remodel and resell. Since he doesn't have enough cash to purchase the $230,000 property outright, he takes out a bridge loan from Prime Time Finance. The terms of the note include a 80% loan to value (LTV), so he must contribute 20% of the price as cash to closing, which makes the principle loan amount $184,000. The terms of the deal also include a four point origination fee that will be paid at closing and a 18 month, interest only note with a 8% rate of interest.
In addition to paying the $7,360 origination fee, Curtis will also have to fund $46,000 of the purchase with his own cash, or 20% of the purchase price. Once the loan is closed and Curtis takes on the project, he will begin making monthly payments of $1,227 to Prime Time Finance ($184,000 principle x 8% / 12 months). At the expiration of the loan, he sells the renovated house for $276,000. After deducting the $22,080 in interest payments ($1,227 multiplied by 18 months), the $7,360 origination fee, the $184,000 principle on the loan, and the $46,000 he contributed to closing, he will make a gross profit of $16,560 ($276,000 sales price minus $259,440 in costs). This amount would then be reduced by any rehab costs paid by the borrow.
Loan Example 2
Daryl takes out a private money bridge loan from Urban Lending Group in order to rehab a property to resell in Weber City, VA. The loan has the following terms:
$390,000 purchase price
85% loan-to-value (LTV)
12 month term
12% interest rate
3% origination fee
Once the rehab project is complete, if Daryl sells the property for $487,500, the numbers would be the following:
$487,500 sales price
- $331,500 principle on note (85% LTV)
- $58,500 cash paid at closing (15% on 85% LTV)
- $9,945 origination points (3% of the $331,500 principle)
- $39,780 interest payments (12 months x 12% interest)
-----------------------
= $47,775 gross profit (doesn't include taxes or renovation costs)
With more than $12.3B in funded loans, Kiavi is one of the nation’s largest private lenders to residential real estate investors!
Offering Fix and Flip, Bridge, and DSCR loans. With same day approvals, 3-5 day close time, and lending in 47 states, Park Place Finance will get your next deal funded fast!
Temple View Capital
7550 Wisconsin Ave. 10th Floor
Bethesda, MD 20814
Temple View Capital is a private lender headquartered in Bethesda, MD. They provide loans in 46 states throughout the US. They provide short-term and long-term fix and flip loans, loans for rental properties, bridge loans, and ground-up new construction loans ...
HardMoneyLoans.com is a national lender based in Beverly Hills, CA that can get your loan funded from $250k-$75M for all kinds of real estate projects. We specialize in hard money loans for all commercial and residential properties types, bridge loans, ...
Nationwide Mortgage
1963 OToole Way Suite 200
San Jose, CA 92691
Nationwide Mortgage in located in San Jose, CA provides assistance arranging hard money loans for commercial properties, fix and flip hard money loans, hard money refinancing, loans for rental properties, and short term bridge loans. Loan amounts ranging from $100,000 ...
Stratton Equities
28 Bloomfield Avenue
Pine Brook, NJ 07058
Stratton Equities is the Leading Nationwide Direct Private Money & NON-QM Mortgage Lender that specializes in fast and flexible lending processes. We have the largest library of private money and NON-QM nationwide loan programs under one roof. Our team is ...
Anchor Loans
5230 Las Virgenes Rd, Suite 105
Calabasas, CA 91302
Anchor Loans is a California based Hard Money Lender. They provide loans in 46 states throughout the US. They are the largest Fix-and-Flip lender in the U.S. lending over $7.1 Billion life-to-date in total loan volume to real estate investors. ...
Direct Lending Partner
701 W Broad Street, Suite 200
Bethlehem, PA 18018
Direct Lending Partners originates short-term real estate loans for the purpose of acquiring and renovating distressed residential real estate in the states of AL, CO, CT, DC, DE, FL, GA, ID, IL, IN, KS, KY, LA, MD, MO, NC, NE, ...
Kiavi
575 Market Street
San Francisco, CA 94105
With more than $20B in funded loans, Kiavi is one of the nation’s largest private lenders to residential real estate investors (REIs). Kiavi harnesses the power of data & technology to offer REIs a simpler, more reliable, and faster way ...
Harbor Private Equity
1075 Peachtree Street NE, Suite 3650
Atlanta, GA 30309
We want to see any commercial transaction that makes sense. The principals at Harbor Private Equity have over 75 years experience in the hard money, bridge loan marketplace. We specialize in raw land, development, construction and bridge loans for non-owner ...
Stormfield Capital
35 Old Post Road
Southport, CT 06890
Stormfield Capital is a Southport, CT based private money lender. They provide funding in 12 states throughout the country. They offer lending solutions for a variety of needs and situations, including hard money loans for commercial properties, cash ...
New Silver
2475 Albany Ave #203B
West Hartford, CT 06117
New Silver is a fintech that provides fast financing to real estate investors who focus on fix and flip residential projects. New Silver’s software accelerates, automates and streamlines loan originations, while using data to reduce default risk. You can get ...
Fulford Lending
Falls Church
Falls Church, VA 22042
For the past decade we have been the Washington DC metropolitan area’s premier direct private lender. Borrowers go to banks to fill out applications, borrowers come to Fulford for fast funding. If you need business or investment related ...
Patch Lending
15000 Ventura Blvd Ste 300
Sherman Oaks, CA 91403
Patch Lending (formally Patch of Land) is a national private lender offering real estate investors fast and reliable financing for investment properties. Patch offer short-term single-family and multi-family bridge, fix & flip, ground-up construction, and long-term rental property financing. They ...
Great Jones Capital
1710 Connecticut Avenue NW, Suite 300
Washington DC, DC 20009
Great Jones Capital is hard money lender headquartered in Washington DC. They provide loans throughout Washington DC, Maryland, and Virginia. They offer loans for a variety of scenarios, including fix and flip hard money loans, private ...
Bluewater Funding
350 Fortune Terrace, Second Floor
Rockville, MD 20854
Bluewater Funding is an asset-based lender in Rockville, MD providing funding throughout Washington DC. They provide lending solutions for many different needs and situations, including commercial loans, fix and flip hard money loans, hard money refinancing, and short ...
Angel Oak Prime Bridge
980 Hammond Drive, Suite 850
Atlanta, GA 30328
Based in Atlanta, GA, Angel Oak Prime Bridge is an asset-based lender offering loans throughout Georgia. They provide loans for many different scenarios, including fix-and-flip hard money loans, short term bridge loans, construction loans, and investment property loans. ...
Asset Based Lending LLC
66 Hudson Street, Suite 301
Hoboken, NJ 07030
Asset Based Lending LLC is a Hoboken, NJ based hard money lender who offers funding in 9 states across the US. They offer loans for a variety of scenarios, including new construction loans, hard money refinancing, loans for investments ...
Straightline Funding
250 N. Trade Street, Suite 209
Matthews, NC 28105
Straightline Funding is direct hard money lender that provides loans in many larger metro areas throughout the US. We specialize in 1-4 family loans for investors. Our loan menu consists of:R2R (Residential For Rent): 30 Year fixed rate loans for ...
Secured Investment Lending
1485 International Parkway, Suite 1031
Lake Mary, FL 32746
Secured Investment Lending is private lender headquartered in Lake Mary, FL. They provide funding in 49 states throughout the country. They provide lending solutions for a variety of scenarios, including short term bridge loans, commercial loans, cash ...
LYNK Capital
7100 Six Forks Road, Suite 335
Raleigh, NC 27615
LYNK Capital is a fast-growing private lender offering residential renovation, construction, and rental loans. Our team has decades of construction lending experience and we're here to help you through every stage of your project.We lend in: AL, CT, DC, DE, ...
T&M Commercial Funding
259 Minot Ave
Auburn, ME 04210
T&M Commercial Funding is an Auburn, ME based private lender who provides loans in 47 states across the US. They provide lending solutions for a variety of situations and needs, including bridge loans and commercial hard money loans. ...
Sherman Bridge Lending
5000 Riverside Drive, Bldg. 5, Suite 100W
Irving, TX 75039
Sherman Bridge Lending is a hard money lender headquartered in Irving, TX.They current lend in the following states: AL, CA, CO, FL, GA, KS, KY, MD, MO, NJ, NC, OH, OK, PA, SC, TN, TX, VA, WI and the District ...
Hard Money Bankers
10015 Old Columbia Rd, Suite H-125
Columbia, MD 21046
Headquartered in Columbia, MD, Hard Money Bankers is an asset-based lender offering loans in Maryland, Virginia, Washington DC, Pennsylvania, and New Jersey. They offer lending solutions for many different needs and situations, including private refinancing, commercial loans, fix ...
LendingOne
901 Yamato Rd, Suite 150
Boca Raton, FL 33431
LendingOne is a Boca Raton, FL based private money lender. They provide loans in 41 states throughout the country. They provide loans for investments properties, short term loans, and short term fix and flip loans. They ...
Layla Capital
7777 Glades Road
Boca Raton, FL 33436
Layla Capital is a direct lender based in Boca Raton, FL (formerly New York City) that specializes in small to middle market debt opportunities in primary and secondary markets nationwide, with a greater focus on the East Coast and Midwest. ...
Genesis Capital
21650 Oxnard Street, Suite 1700
Woodland Hills, CA 91367
Genesis Capital is a Woodland Hills, CA based private lender. They provide funding in 17 states throughout the United States. They offer ground up construction loans, bridge loans, buy and hold loans, fix-and-flip loans, private refinancing, and ...
Aloha Capital
2525 Arapahoe Ave, Suite E4-259
Boulder, CO 80302
Based in Boulder, CO, Aloha Capital is an asset-based lender offering funding in Washington DC, Maryland, Virginia, and Colorado. They offer loans for many different needs and situations, including long term rental property loans, hard money bridge loans, ...
Edgeworth Lending
1320 Central Park Blvd
Fredericksburg, VA 22401
Edgeworth Lending is a private money lender that has been operating in Fredericksburg, Virginia for over 10 years. They offer real estate loans to investors throughout the state of Virginia. Their loan programs include fix and flip loans, ...
Park Place Finance
500 West 2nd Suite 1900
Austin, TX 78701
Park Place Finance is a nationwide, direct private lender, specializing in Fix and Flip, Bridge, and DSCR loans. With same day approvals and an average 3-5 day close time, Park Place Finance is the business partner you need to get ...
Gelt Financial
6401 Congress Ave, Suite 215
Boca Raton, FL 33487
Gelt Financial LLC was founded in 1989 to help both borrowers and brokers finance their real estate. With loan amounts from $100K-$5M on vacant, non-owner occupied, and owner-occupied properties, Gelt Financial funds both purchases and refinances. Additionally, Gelt provides creative ...
Walnut Street Finance
4021 University Dr #200
Fairfax, VA 22030
Walnut Street Finance provides short-term (6-24 month) commercial loans to small and mid-sized independent real estate builders, developers and investors in Virginia, Maryland, Washington, DC, Delaware, North Carolina, South Carolina, and Pennsylvania.They require minimal upfront capital from their borrowers and ...
Sky Equity
18 West 33rd Street, 2nd Floor
New York, NY 10001
Headquartered in New York, NY, Sky Equity is an asset-based lender providing funding in New York, New Jersey, Connecticut, Pennsylvania, Washington DC, Virginia, and Florida. They offer bridge loans, fix-and-flip loans, and loans for investments properties. ...
Sharestates
45 North Station Plaza
Great Neck, NY 11021
Sharestates is a private, hard money lender in 46 states across the US. We offer financing solutions for a variety of needs and situations, including hard money loans for commercial properties, residential fix and flips, ground up construction, and long ...
Trius Lending Partners
15 Sudbrook Lane
Baltimore, MD 21208
Trius Lending Partners is a hard money lender in Baltimore, MD providing funding in Maryland, Pennsylvania, Delaware, Washington DC, and Virginia. They provide loans for many different situations and needs, including commercial loans, short term bridge loans, fix ...
Rehab Financial Group
1062 Lancaster Ave, Suite 15C
Rosemont, PA 19010
Rehab Financial Group is hard money lender based in Rosemont, PA. They offer loans in 15 states across the US. They offer lending solutions for a variety of scenarios, including fix and flip loans, short term loans, ...
Private Money Utah
349 E. 900 S. Suite 201
Salt Lake City, UT 84111
Private Money Utah is a Salt Lake City, UT based hard money lender who provides loans throughout Chicago. They provide lending solutions for many different situations, including short term fix and flip loans, construction loans, commercial hard money loans, ...
Peak Choice Capital
601 Silver Creek Drive
Shorewood , IL 60432
Chicago-based lender Peak Choice Capital is a private lender providing funding in 45 states throughout the US. Peak Choice Capital offers short-term bridge loans, DSCR loans for investment properties (1-4 units and 5+ units), cash-out loans, fix-and-flip loans, and small-balance ...
Aero Capital Finance
439 W Vine St
Kissimmee, FL 34741
Aero Capital Finance is a Kissimmee, FL based private lender. They provide loans in 18 states throughout the United States. They offer loans for a variety of scenarios, including private refinancing, fix and flip loans, hard money loans ...
New Funding Resources
806 West Diamond Ave, Suite 340
Gaithersburg, MD 20878
New Funding Resources is a Gaithersburg, MD-based private money lender providing funding in Washington DC, Maryland, and Virginia. They lend their own funds and specialize in the Greater DMV area. New Funding Resources has been in business since 2006. They ...
Red Rock Capital
2139 Chuckwagon Road, Suite 315
Colorado Springs, CO 80919
Based in Colorado Springs, CO, Red Rock Capital is a private money lender providing loans in 42 states across the United States. They offer construction loans, bridge loans, fix-and-flip loans, and loans for investments properties. Their loan parameters are flexible, ...
Adler Private Lending
11350 Random Hills Road #720
Fairfax, VA 22030
Adler Private Lending is a hard money lender based in Fairfax, VA offering loans throughout Washington DC, Maryland, and Virginia. They provide loans for many different scenarios, including bridge loans, cash out hard money loans, private commercial loans, ...
Cherrywood Commercial
20955 Pathfinder Road, Suite 370
Diamnond Bar, CA 91765
Cherrywood Commercial is a Diamnond Bar, CA based private money lender who provides loans in 48 states throughout the United States. They provide lending solutions for many different situations, including short term bridge loans and commercial hard money loans. ...
Capital Three Sixty
7 Towpath Lane
Avon, CT 06001
Based in Aon, CT, Capital Three Sixty is an asset-based lender providing loans in 15 states across the United States. They provide lending solutions for a variety of scenarios, including hard money loans for commercial properties, loans for investments ...
Pepe Berard Capital
211 South Ridge Street
Rye Brook, NY 10573
Pepe Berard Capital is hard money lender based in Rye Brook, NY. They provide loans in 12 states across the US. They provide private commercial loans, new construction loans, bridge loans, fix and flip hard money loans, ...
Rapid Commercial Loans
6136 Frisco Square suite 433
Frisco, TX 75034
Rapid Commercial Loans are private money lenders actively originating Private loans for commercial properties nationwide. With traditional lenders tightening up on their lending criteria, private money loans for commercial properties are becoming the most efficient loan product for many borrowers ...
Sunset Equity Funding
6125 Washington Blvd, 3rd Floor
Culver City, CA 90232
Sunset Equity Funding is a hard money lender based in Los Angeles, California. They issue loans in all states except for Alaska, North Dakota, and South Dakota. Their loan offerings include purchase loans, fix and flip loans, new construction loans, ...
Full Scope Capital
7424 Baltimore Annapolis Blvd Suite 1
Glen Burnie, MD 21061
Full Scope Capital is a Glen Burnie, MD based private lender. They offer loans throughout Maryland, Washington DC, Pennsylvania, Virginia, Delaware, New Jersey, and Florida. They offer loans for many different needs and situations, including cash out ...
Ary Ming Asset Funding
24 Commerce St, Suite 1732
Newark, NJ 07102
Ary Ming Asset Funding is a Newark, NJ based private lender. They provide funding in Philadelphia, Scranton, and Allentown. They offer construction loans, bridge loans, long term rental property loans, and fix and flip hard money ...
Clear Sky Financial
9406 Jackson St.
Burke, VA 22015
Clear Sky Financial specializes in fix and flip, buy and build, and bridge loans. Our strategic priority is to build trusted relationships with real estate investors who are committed to high quality outcomes, re-establishing properties as attractive and desirable homes ...
Riverdale Funding
207 Mockingbird Ln, #402
Johnson City, TN 37604
Based in Johnson City, TN, Riverdale Funding is a hard money lender offering loans in 37 states across the country. They provide lending solutions for a variety of scenarios, including loans for investments properties, commercial hard money loans, fix ...
ARC Capital
100 Stony Point Rd., Suite 260
Santa Rosa, CA 95401
ARC Capital is a Santa Rosa, CA based private lender providing funding in 17 states throughout the country. They offer long term rental property loans, bridge loans, hard money loans for commercial properties, and short term fix and ...