Maryland Hard Money Lenders
Need a hard money loan secured by real estate in Maryland? This page has a list of direct hard money lenders that offer quick funding for a Maryland property purchase, refinance, fix & flip, rehab & rent, ground-up construction, and equity cash out in 1st lien position. Hard Money lending is mainly based on equity in the subject property. The maximum LTV is typically 70% for most lenders. Scroll to see the list of lenders and continue scrolling ot see summaries of hard money loans funded by lenders in our network. Most hard money lenders only consider properties in Southern Maryland, but some also lend in Northern Maryland. Click the button below if the subject property is in the Baltimore metro area.Searching...
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RCN Capital
Direct Lender for Residential Fix & Flip, Long-Term Rental, Bridge Loans
LendingOne
Rental, Fix & Flip, Construction & Multifamily Bridge Loans Nationwide
Park Place Finance
Nationwide Direct Private Lender for Residential Real Estate Investors
American Heritage Lending
Direct Lender for Residential Real Estate Investors Nationwide
Rehab Financial Group
100% Financing for Rehab, Flip and Construction Projects - NO DOWN PAYMENT!
Clear Sky Financial
True Asset Based Lender for Property Investors in DC, MD and VA
Gelt Financial, LLC
Creative Private Financing for Commercial Real Estate since 1989
Nationwide Mortgage
Outstanding Service for Investment Property Bridge, Rehab, Rental, and Construction Loans
Pimlico Capital
Direct Lender for Real Estate Investors | Established in 2016
i Fund Cities
Great F#*%ing Loans, Built By Investors For Investors
HouseMax Funding
Hard Money Loans to Fund Your Next Big Project
Real Property Investment Partners
NO APPRAISAL REQUIRED. Providing institutional-grade lending with a local presence.
Center Street Lending
Smarter Loans for Residential Property Investors
Yieldi LLC
Direct Lender for Investment Properties - Bridge, Rehab, Construction
Stormfield Capital, LLC
Direct Balance-Sheet Lender for Investment Properties
Kiavi
Servicing 12,000+ Real Estate Investors Across the Country
Old North Capital Fund, LLC
True asset-based financing | No credit check, No appraisals, No prepay
Lima One Capital
The Nation's Premier Lender for Real Estate Investors
Maryland Hard Money Interest Rates
According to the hard money loan documents software company, Lightning Docs, the average interest rate for Maryland hard money loans in the 1st quarter of 2024 was 11.15%. The average loan amount was $317,760. These stats are the average of 32 short-term loans (including bridge, rehab, and ground-up construction) funded for properties in Maryland between January 1, 2024 and March 31, 2024 by multiple hard money lenders 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 Maryland hard money loans in the 1st quarter of 2024 was 11.28%. Lenders charged an average of 2.9% points (origination fee). The average LTV (loan-to-value) for hard money loans in Maryland was 60%, and the average loan amount was $302,060. These stats are the average of all the loans which were funded between January 1, 2024 and March 31, 2024 by the many hard money lenders who use Liquid Logics’ loan origination software to manage their lending operations.
Top 10 Maryland Hard Money Lenders
According to Forecasa™, here are the Top 10 Hard Money Lenders ranked by the number of loans originated in Maryland in the last 12 months from March 2024.
- RCN Capital LLC
- Kiavi
- ROC Capital
- Dominion Financial Services LLC
- Pimlico Group LLC
- Trius Lending Partners
- Real Property Investment Partners
- Constructive Loans LLC
- Washington Capital Partners
- Civic Financial Services
Forecasa™ provides analytics data for Maryland hard money lending on a quarterly basis. You’ll find their top lenders data for many other states on our platform.
Hard Money Loan Transactions in Maryland
Gelt Financial, a direct private lending firm, funded a $250K hard money loan for the purchase of a single-family residence in Glen Burnie, MD, a city close to Baltimore Airport. The Borrower owns a few Chinese buffet restaurants and had a hard time hiring people. So he purchased the property to offer free housing as an incentive for potential employees. He doesn’t have the credit or enough verifiable income, but he had a 35% cash down payment. We were glad to provide him with the financing without an appraisal or income information. The purchase price was $385,000. Our hard money loan was 65% LTV with a loan term of 3 years. A broker presented this deal to us, and we closed in less than 2 weeks. This hard money loan was funded in April 2021.