Delaware Private Money Lenders
Seeking a private money loan secured by real estate in Delaware? On this page you'll find a list of direct private money lending companies that offer fast funding for a Delaware property purchase, refinance, or equity cash out in 1st lien position. Private money loans are for short-term (3-24 months) and primarily qualify based on equity in the subject property, at least 30% for most lenders. Scroll below the lender list.Searching...
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RCN Capital
Direct Lender for Residential Fix & Flip, Long-Term Rental, Bridge Loans
Yieldi LLC
Direct Lender for Investment Properties - Bridge, Rehab, Construction
Park Place Finance
Nationwide Direct Private Lender for Residential Real Estate Investors
LendingOne
Rental, Fix & Flip, Construction & Multifamily Bridge Loans Nationwide
Real Property Investment Partners
NO APPRAISAL REQUIRED. Providing institutional-grade lending with a local presence.
Rehab Financial Group
100% Financing for Rehab, Flip and Construction Projects - NO DOWN PAYMENT!
i Fund Cities
Great F#*%ing Loans, Built By Investors For Investors
Pimlico Capital
Direct Lender for Real Estate Investors | Established in 2016
American Heritage Lending
Direct Lender for Residential Real Estate Investors Nationwide
Gelt Financial, LLC
Creative Private Financing for Commercial Real Estate since 1989
Lima One Capital
The Nation's Premier Lender for Real Estate Investors
HouseMax Funding
Hard Money Loans to Fund Your Next Big Project
Nationwide Mortgage
Outstanding Service for Investment Property Bridge, Rehab, Rental, and Construction Loans
Stormfield Capital, LLC
Direct Balance-Sheet Lender for Investment Properties
Delaware Private Money Interest Rates
According to the private money loan documents software company, Lightning Docs, the average interest rate for Delaware private money loans in the 1st quarter of 2024 was 10.92%. The average loan amount was $209,083. These stats are the average of 8 short-term loans (including bridge, rehab, and ground-up construction) funded for investment properties in Delaware between January 1, 2024 and March 31, 2024 by multiple private lending companies that use Lightning Docs as their preferred software provider to prepare loan documents.
According to private lending data provider, Analytics Logics, the average interest rate for Delaware private money loans in the 1st quarter of 2024 was 8.12%. Lenders charged an average of 2.8% points (origination fee). The average LTV (loan-to-value) for private money loans in Delaware was 58%, and the average loan amount was $149,100. These stats are the average of all the loans which were funded between January 1, 2024 and March 31, 2024 by the many private lenders who use Liquid Logics’ loan origination software to manage their lending operations.
Top 10 Delaware Private Lenders
According to Forecasa™, here are the Top 10 Private Lenders ranked by the number of private mortgage loans originated in Delaware in the last 12 months from March 2024.
- RCN Capital LLC
- Constructive Loans LLC
- Dominion Financial Services LLC
- ROC Capital
- Lima One Capital LLC
- Oaktree Funding Corporation
- Anchor Loans
- Certain Lending Inc (Vontive)
- LendingOne
- Rrr Group INC
Forecasa™ provides analytics data for Delaware private lending on a quarterly basis. You’ll find their top lenders data for many other states on our platform.
Funded Private Money Loans in Delaware
Private Money Loan Secured by Ownership Interest in Delaware Apartment Community
$500,000
Gelt Financial, a direct CRE private lender, funded a $500,000 equity cash-out loan secured by a partnership interest in a 192-unit apartment community in Seaford, Delaware. The Borrower invested $1,000,000 in equity to the property which was worth many millions of dollars. Our loans was 50% of their ownership. The Borrower pledged 100% of their ownership interest, which would transfers to us in case of default. They plan to use the cash out for other investments and will pay off our loan within the 12-month loan term by using proceeds from their other investments. We charged an interest rate of 13%. The property, Villages of Stoneybrook, is conveniently located within strolling distance of shopping areas. Seaford is in the Southern region of Delaware. This private money loan was funded in October 2022.