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
HouseMax Funding
Hard Money Loans to Fund Your Next Big Project
KECO Capital, LLC
Funding for Investors By Investors
Rehab Financial Group
100% Financing for Rehab, Flip and Construction Projects - NO DOWN PAYMENT! NO INCOME VERIFICATION!
RCN Capital
Direct Lender for Residential Fix & Flip, Long-Term Rental, Bridge Loans
Yieldi
Direct, Reliable Lender for Investment Properties
Gelt Financial, LLC
Creative Private Financing for Commercial Real Estate since 1989
Kiavi
Servicing 18,000+ Real Estate Investors Across the Country
American Heritage Lending
Direct Lender for Residential Real Estate Investors Nationwide
Best Lending Co
A Better Borrowing Experience is Here
Residential Capital Partners
100% Financing for Residential Rehab Projects (NO Money Down)
Malve Capital LLC
Fast And Easy Real Estate Loans. Closing as fast as 5 business days, subject to clear title.
LendingOne
Rental, Fix & Flip, New Construction, Fix to Rent, SFR Portfolio Loans Nationwide
Conventus
We Fund Fast While Providing Excellent Service and Competitive Pricing
Certain Lending
The Mortgage Company Built for Real Estate Investors
Hilton Financial Corporation
"When the bank says NO or moves too slow" ™
Center Street Lending
Smarter Loans for Residential Investors
i Fund Cities
Great F#*%ing Loans, Built By Investors For 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 from July 2024 to September 2024.
- Kiavi
- Constructive Loans LLC
- RCN Capital LLC
- Wildcat Lending
- MM Lending LLC
- ROC Capital
- Renovo Financial
- Lima One Capital LLC
- Cv3 Financial Services LLC
- LendingOne
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.
