Reno Private Money Lenders for Real Estate Investors
Seeking a private money loan secured by real estate in the Reno metro area? On this page you'll find a list of direct private money lending companies that offer fast funding for a Reno 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. So you'll need a 30%+ down payment for a purchase, and for a refinance, the maximum loan-to-value is 70%.Searching...
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Lima One Capital
The Nation's Premier Lender for Real Estate Investors
Kiavi
Servicing 12,000+ Real Estate Investors Across the Country
Park Place Finance
Nationwide Direct Private Lender for Residential Real Estate Investors
Nevada Private Money Interest Rates
According to the private money loan documents software company, Lightning Docs, the average interest rate for Nevada private money loans in the 1st quarter of 2024 was 11.70%. The average loan amount was $663,350. These stats are the average of 13 short-term loans (including bridge, rehab, and ground-up construction) funded for investment properties in Nevada 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 Nevada private money loans in the 1st quarter of 2024 was 11.62%. Lenders charged an average of 3.0% points (origination fee). The average LTV (loan-to-value) for private money loans in Nevada was 68%, and the average loan amount was $257,650. 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 Nevada Private Lenders
According to Forecasa™, here are the Top 10 Private Lenders ranked by the number of private mortgage loans originated in Nevada in the last 12 months from March 2024.
- Kiavi
- Pinnacle Lending Group INC
- Lantzman Lending
- Anchor Loans
- Azuza LLC
- Capella Mortgage
- Ofek Finance LLC
- Bridge Lock Capital
- Lvreis INC
- 702 Capital Group LLC
Forecasa™ provides analytics data for Nevada private lending on a quarterly basis. You’ll find their top lenders data for many other states on our platform.