Cleveland Hard Money Lenders for Real Estate Investors
Need a hard money loan secured by real estate in the Cleveland metro area? This page has a list of direct hard money lenders that offer quick funding for a Cleveland property purchase, refinance, fix & flip, rehab & rent, ground-up construction, and equity cash out in 1st lien position. Hard Money lending is only for investment properties, not for homesteads. The loans are mainly based on equity in the subject property. For most lenders, the maximum LTV is typically 70% for a purchase and 65% for an equity cash out loan.Searching...
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Lima One Capital
The Nation's Premier Lender for Real Estate Investors
Yieldi LLC
Direct Lender for Investment Properties - Bridge, Rehab, Construction
Malve Capital LLC
Fast And Easy Real Estate Loans. Closing as fast as 5 business days, subject to clear title.
IceCap Group
Flexible & Friendly Funding for Property Investors Across the Country
Hilton Financial Corporation
"When the bank says NO or moves too slow" TM.
Park Place Finance
Nationwide Direct Private Lender for Residential Real Estate Investors
i Fund Cities
Great F#*%ing Loans, Built By Investors For Investors
HouseMax Funding
Hard Money Loans to Fund Your Next Big Project
Kiavi
Servicing 12,000+ Real Estate Investors Across the Country
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!
Pimlico Capital
Direct Lender for Real Estate Investors | Established in 2016
RCN Capital
Direct Lender for Residential Fix & Flip, Long-Term Rental, Bridge Loans
Conventus
We Fund Fast While Providing Excellent Service and Competitive Pricing
Gelt Financial, LLC
Creative Private Financing for Commercial Real Estate since 1989
LendingOne
Rental, Fix & Flip, Construction & Multifamily Bridge Loans Nationwide
KECO Capital, LLC
Funding for Investors By Investors
Ohio Hard Money Interest Rates
According to the hard money loan documents software company, Lightning Docs, the average interest rate for Ohio hard money loans in the 1st quarter of 2024 was 11.78%. The average loan amount was $205,571. These stats are the average of 94 short-term loans (including bridge, rehab, and ground-up construction) funded for properties in Ohio 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 Ohio hard money loans in the 1st quarter of 2024 was 11.58%. Lenders charged an average of 2.2% points (origination fee). The average LTV (loan-to-value) for hard money loans in Ohio was 61%, and the average loan amount was $154,940. 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 Ohio Hard Money Lenders
According to Forecasa™, here are the Top 10 Hard Money Lenders ranked by the number of loans originated in Ohio in the last 12 months from March 2024.
- Kiavi
- RCN Capital LLC
- Constructive Loans LLC
- Wildcat Lending
- Lima One Capital LLC
- Upright
- ROC Capital
- Dominion Financial Services LLC
- MM Lending LLC
- Pic Fund I LLC (Rehabwallet)
Forecasa™ provides analytics data for Ohio hard money lending on a quarterly basis. You’ll find their top lenders data for many other states on our platform.