Family Owned Direct Private Lender for Real Estate Investors

Fulford Lending is a family owned and operated direct private money lender, established in 2006, primarily focused on real estate in the Greater Washington, DC metropolitan area.We underwrite, fund and service all of our loans. Fulford is not a broker; we lend family funds and service each of our loans. We use your equity position in the property to determine the extent of your borrowing capacity. When you call or send an application you will speak directly to a decision maker. We provide honest answers quickly regarding your prospective loan.

Flexible Strategy
We don’t use a standardized underwriting process. Instead, we evaluate each deal individually. We are an independent lender who is able to tailor deals to our clients specific needs. There is no rule book, just people working to enhance each others investments.

Fast Approval & Closing
We prioritize getting a deal done as quickly and effectively as possible. Our sole purpose is to make good deals that make sense for both parties. A mutual agreement has to deliver mutual benefits.

Property Geographic Area Details
Virginia, Tennessee, North Carolina, Maryland, Washington DC
Loan Amounts
$25,000 to $2,000,000
Interest Rates
9% to 15%
Loan Terms
0 months to 72 months
Origination Fees
2% to 4%
Lien Position
1st, 2nd, 3rd
Collateral Types
  • Residential Property
  • Commercial Property
Loan Purpose
  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property
  • Use Equity to Invest in Another Property
  • Invest in a Business
  • Business Working Capital
  • Value Add Project
  • Development Project
Property Occupancy
  • Vacant
  • Tenant Occupied 100%
  • Owner Occupied Commercial
  • Owner Occupied Residential

Property Types

  • 2-4 Units Residential
  • Adult Day Care
  • Assisted Living Facility
  • Auto Dealership
  • Auto Repair
  • Bed and Breakfast
  • Car Wash
  • Casino
  • Child Day Care
  • Cinema
  • Club
  • Commercial Condominium
  • Commercial Land
  • Community Center
  • Condominium
  • Equestrian
  • Event Center
  • Gas Station
  • Golf Course
  • Gym
  • Healthcare
  • Hostel
  • Hotel
  • Industrial
  • Marina
  • Mixed-Use
  • Mobile Home Park
  • Motel
  • Multifamily
  • Night Club
  • Office
  • Parking Lot
  • Place of Worship
  • Portfolio of Commercial Properties
  • Portfolio of Residential Properties
  • RV Park
  • Ranch
  • Recreational
  • Rehabilitation Facility
  • Religious Facility
  • Residential Land
  • Retail
  • Senior Housing
  • Single Family Residence
  • Sports Facility
  • Storage Facility
  • Student Housing
  • Vehicle Parking
  • Winery

Loan Types

  • Private Money
  • Hard Money
  • Commercial Bridge
  • Residential Bridge
  • Commercial Property Value Add
  • Residential Fix and Flip
  • Residential Rehab and Rent
  • Commercial Ground-Up Construction
  • Residential Ground-Up Construction
  • Commercial Long-Term

Specialty Loan Types

  • 2nd Mortgage Equity Cash Out
  • 3rd Mortgage Equity Cash Out
  • Bankruptcy Resolution
  • Foreclosure Bailout
  • Land Development
  • Line of Credit Portfolio of Properties
  • Line of Credit Single Property
  • Primary Residence Business Purpose Cash Out
  • Residential Long-Term Rental
  • Reverse 1031 Exchange
  • Subdivisions

Junior Lien Loan Amounts

$50,000 to $500,000

Junior Lien Interest Rates

10% to 15%

Junior Lien Loan-to-Value

60%

Junior Lien Loan-to-Cost

70%

Junior Lien Origination Fees

2% to 5%

We Fund Junior Position Loans

Often

Junior Lien Types

  • Refinance
  • Equity Cash Out

Description

For more information, please visit our website: https://www.fulfordlending.com/borrowers/

Land Types Considered

  • Residential Land
  • Multifamily Land
  • Industrial Land
  • Office Land
  • Retail Land
  • Agricultural Land

Will Consider Land That is NOT Entitled

no

Max LTV for Land

50%

Max LTC for Land Acquisition

60%

Junior Lien Types

  • Refinance
  • Equity Cash Out

Max Loan-to-Purchase Price

75%

Borrower Must Have Property Under Contract

no

Will Provide Proof of Funds Letter

yes

Will Consider Lending on Purchase from Auction

yes

Allowed Source of Borrower’s Equity

  • Own Cash
  • Partner
  • Equity in Another Investment Property
  • Equity in Primary Residence
  • Seller Financing
  • Crowdfunding
  • Family

Experience Required

no

Minimum Number of Value-Add Projects Completed by Borrower

0

Will Provide Funds for Renovation Costs

yes

Max LTC for Renovation Costs

75%

Interest Charged for Renovation Costs

Only on Funds Drawn

Typical Number of Days for Funds Draw

5

Development Experience Required

no

Minimum Number of Ground-Up Construction Projects Completed by Borrower

0

Max LTC for Ground-Up Construction Costs

75%

Interest Charged for Construction Costs

Only on Funds Drawn

Will Lend on Partially Completed Construction Projects

yes

Underwriting Fee

At your loan closing we will deduct a $195 Underwriting Fee from the loan proceeds. We do not charge any upfront fees.

Documents Fee

A Document Fee will be charged and paid out of the loan proceeds at closing. The amount varies depending on the loan amount, number of properties involved, turn around time and the closing jurisdiction. We will give you a written estimate as part of the approval process.

Details and Requirements

Typical Closing Time (Days)

14

Fastest Closing Time (Days)

3

Payment Structure
  • Interest Only
Pre Payment Penalty

no

Will lend to a foreign national

yes

Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage

yes

Will Consider Collateralizing Multiple Properties in One Loan

yes

Will Consider Equity Joint Venture

no

Borrower Entity Types Considered
  • Individual(s)
  • LLC
  • Limited Partnership
  • Trust
  • Corporation
  • Non-Profit Corporation
  • Self-Directed IRA
Documentation Required
  • Loan Application
Personal Guaranty (Recourse) Required
Sometimes
Credit Check Required

no

Appraisal Required for Residential Property

Sometimes

Appraisal Required for Commercial Property

Sometimes

Broker Price Opinion (BPO) Accepted for Residential Property

Sometimes

Broker Price Opinion (BPO) Accepted for Commercial Property

Sometimes

Get In Touch

Fulford Lending pays us to be listed, so there is no fee to connect. Share your loan request, send a simple email, call, or visit their website.

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Prior to starting Fulford Lending in 2006, and for over 50 years, we have been involved in all aspects of real estate in the Greater Washington DC metropolitan area. We owned/own and operate various enterprises which include development, construction and management of all types of real estate ventures from simple single family rehabs, new construction, tenant build-outs, rentals (i.e. shopping centers, office buildings and even single family investment properties), farming and forestry. Our knowledge of the subject matter means you’re speaking with someone who understands your needs and can package a loan meeting those needs.

A Fast Common Sense Approach To Hard Money

As you start the process of looking for financing we would like to note the differences between Fulford Lending and other lenders. First, whenever you speak with us you are speaking with a decision maker who has in all likelihood experienced the particularities of your situation. The money that we lend is our money, and therefore, our decisions are based on a common sense approach. This allows us to make quick decisions and offer flexibility in our loan terms specific to your needs.   Over sixty percent of our borrowers are repeat customers, which we believe is a direct result of our interest only rates, as well as our flexibility and our desire to make sure that our loans are viable in all respects for the success of our borrowers.

Year Established

2006

Office Locations

7138 Carol Lane, Falls Church, Virginia 22042

Primary Capital Source
  • Own Funds
Alternative Capital Sources
  • Bank Credit Line
  • Bank Pledge of Individual Mortgages
Loan Structure for Majority of Loans
  • Own Balance Sheet
Percentage of Loans Secured by Commercial Property

40%

Percentage of Loans Secured by Residential Property

60%

Total Number of Loans Funded to Date

59

Total Loan Volume Funded to Date

$19,000,000

Our Team

Nathaniel Fulford

Private Hard Money Lender

Funded Deals

Get In Touch

Fulford Lending pays us to be listed, so there is no fee to connect. Share your loan request, send a simple email, call, or visit their website.

Stay Informed About Private Lending

Receive our monthly newsletters with valuable insights and industry updates
subscribe-illustration
Before You Contact Us

Our Minimum Loan Amount Is

$25,000

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