Maryland Private Money Lenders
Seeking a private money loan secured by real estate in Maryland? On this page you'll find a list of direct private money lending companies that offer fast funding for a Maryland property purchase, refinance, or equity cash out in 1st lien postition. 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 to see some funded deal samples. Most private money lenders only consider properties in the DMV area, but some lend in Northern Maryland. Click the button below if the subject property is in or near Baltimore.Searching...
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Real Property Investment Partners
NO APPRAISAL REQUIRED. Providing institutional-grade lending with a local presence.
Maryland Private Money Interest Rates
According to the private money loan documents software company, Lightning Docs, the average interest rate for Maryland private 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 investment properties in Maryland 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 Maryland private money loans in the 1st 1st quarter of 2024 was 11.28%. Lenders charged an average of 2.9% points (origination fee). The average LTV (loan-to-value) for private 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 private lenders who use Liquid Logics’ loan origination software to manage their lending operations.
Top 10 Maryland Private Lenders
According to Forecasaâ„¢, here are the Top 10 Private Lenders ranked by the number of private mortgage 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
Forecasaâ„¢ provides analytics data for Maryland private lending on a quarterly basis. You’ll find their top lenders data for many other states on our platform.