Hard Money Loan
Loan Program

Hard money loans for real estate investors.

Hard money loans arranged through the hard money lenders and private money partners in Lendmire's network — fix-and-flip, bridge, and ground-up construction underwritten on the property, the plan, and the exit instead of tax returns. Loan amounts up to $5M, 618 month interest-only terms with no prepayment penalty, entity or individual vesting, and business-purpose financing available in 40 markets, including Washington, D.C.

The Fundamentals

When the asset carries the file.

Hard money is short-term, asset-based financing secured by investment real estate. The underwriting weighs the property, the purchase price against its value today and after repairs, the budget, and the exit — a sale or a refinance into long-term financing — ahead of personal income. No tax returns. No W-2s. A property that a conventional or DSCR program won't touch as-is, because of condition, vacancy, or a closing timeline measured in days, is exactly what hard money exists for.

For fix-and-flip investors, buy-and-hold investors acquiring distressed inventory, and anyone bridging a purchase before a stabilized refinance, hard money isn't the expensive last resort — it's the tool that matches the timeline. The cost is carried for months, not decades, and the plan is to be out of it on schedule. Lendmire works with multiple hard money and private money lending partners across fix-and-flip, bridge, ground-up construction, and refinance structures on non-owner-occupied residential property — one to four units, and new construction up to ten — and plans the take-out into DSCR financing alongside the loan, so the exit is part of the file from the start.

Program Options

Three paths through hard money.

Rehab, bridge, or build — each structured for a different point in the project.

Most Popular

Fix-and-Flip Loans

Purchase and rehab budget in one loan. Up to 93% of project cost with five or more completed projects, up to 90% with two or more, and lower tiers for first-time investors — every tier capped at 75% of after-repair value. Up to 100% of the rehab budget, funded in draws against completed work.

Buy Now, Stabilize Later

Bridge & Refinance Loans

Bridge purchase without rehab up to 80% of purchase price and 80% of value; cash-out up to 65% and refinance up to 65% of value. Close on properties that need time — vacancy, condition, or a seller who won't wait — then refinance into long-term DSCR financing once stabilized.

New Builds To 10 Units

Ground-Up Construction

New construction up to ten units. Up to 90% of cost and 75% of completed value for builders with three or more completed projects; first projects start at 75% of cost and 60% of value. Interest-only, 618 month terms.

Hard money and private money loans through Lendmire are business-purpose loans for real estate investors and are not consumer mortgages. Leverage, loan amounts, terms, and credit requirements vary by lender, program, property, documented investor experience, and exit; figures are program ceilings, not offers, and nothing here is a commitment to lend. Lendmire is a mortgage broker, not a lender. Business-purpose financing available in 40 markets, including Washington, D.C. Not available in Louisiana, Minnesota, North Dakota, or South Dakota, or for property in Baltimore, Chicago, or Detroit. Program parameters current as of August 28, 2026.
Why Lendmire

In hard money, the lender is the whole deal.

No two hard money lenders underwrite the same file the same way. One funds a first-time flipper at a lower leverage tier; another wants five completed projects before the numbers open up. One releases rehab draws on a photo and an invoice; another sends an inspector every time. One values on an appraisal, another on a broker price opinion, and each of them has markets it simply won't lend in. Matching the project to the partner who actually wants it is the work — and it's the reason the same deal can be approved in one shop and declined across the street.

We work in this space daily, which means we know where each partner's experience tiers, draw process, and property appetite sit before the file goes in. Budget reviewed against the after-repair value before the offer is written. Entity vesting set up correctly the first time. The DSCR take-out arranged in parallel, so the exit is underwritten before the rehab starts instead of scrambled together when the note comes due. That's what having a broker who lives in this product does for an investor: fewer surprises between the closing table and the payoff.

Program Highlights

Built for the property as it stands today.

Asset-Based Underwriting
No tax returns, no W-2s, no employment verification. The property, the plan, and the exit carry the file. Minimum credit score of 620, with additional conditions under 660; first-time investors and foreign nationals eligible.
Up to $5M
Loan amounts up to $5,000,000, larger by exception. Non-owner-occupied single-family and 2–4 unit property for rehab and bridge; ground-up construction up to ten units.
Experience-Tiered Leverage
Your track record sets the ceiling: up to 93% of project cost with five or more completed projects, 90% with two or more, lower tiers for first-time investors — all inside a 75% after-repair-value cap, with up to 100% of the rehab budget funded in draws.
618 Month Terms
Interest-only payments and no prepayment penalty, so the loan costs what the project needs and nothing after the exit. Vest in your LLC, corporation, or partnership, or as an individual investor.
Learning Center

Know before you borrow.

Hard money underwriting guides, rehab budgeting, and exit-strategy playbooks from our licensed loan officers.

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