Philadelphia Private Money Lenders for Real Estate Investors
Seeking a private money loan secured by real estate in the Philadelphia metro area? On this page you'll find a list of direct private money lending companies that offer fast funding for a Philadelphia 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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Malve Capital LLC
Fast And Easy Real Estate Loans. Closing as fast as 5 business days, subject to clear title.
Rehab Financial Group
100% Financing for Rehab, Flip and Construction Projects - NO DOWN PAYMENT! NO INCOME VERIFICATION!
Pennsylvania Private Money Interest Rates
According to the private money loan documents software company, Lightning Docs, the average interest rate for Pennsylvania private money loans in the 1st quarter of 2024 was 11.80%. The average loan amount was $253,267. These stats are the average of 90 short-term loans (including bridge, rehab, and ground-up construction) funded for investment properties in Pennsylvania 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 Pennsylvania private money loans in the 1st quarter of 2024 was 10.97%. Lenders charged an average of 2.4% points (origination fee). The average LTV (loan-to-value) for private money loans in Pennsylvania was 63%, and the average loan amount was $317,650. 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 Pennsylvania Private Lenders
According to Forecasaâ„¢, here are the Top 10 Private Lenders ranked by the number of private mortgage loans originated in Pennsylvania in the last 12 months from March 2024.
- RCN Capital LLC
- Kiavi
- Constructive Loans LLC
- ROC Capital
- Prime Funding Group LLC
- Lending Capital Group Inc
- Lima One Capital LLC
- I Fund Cities
- Velocity Commercial Capital
- MM RE Holdings LLC
Forecasaâ„¢ provides analytics data for Pennsylvania private lending on a quarterly basis. You’ll find their top lenders data for many other states on our platform.
Pennsylvania Private Money Interest Rates
According to the private money loan documents software company, Lightning Docs, the average interest rate for Pennsylvania private money loans in the 3rd quarter of 2024 was 11.45%. The average loan amount was $313,131. These stats are the average of 136 short-term loans (including bridge, rehab, and ground-up construction) funded for investment properties in Pennsylvania between July 1, 2024 and September 30, 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 Pennsylvania private money loans in the 3rd quarter of 2024 was 11.45%. Lenders charged an average of 2.6% points (origination fee). The average LTV (loan-to-value) for private money loans in Pennsylvania was 64%, and the average loan amount was $273,660. These stats are the average of all the loans which were funded between July 1, 2024 and September 30, 2024 by the many private lenders who use Liquid Logics’ loan origination software to manage their lending operations.
Local Pennsylvania Private Lenders
Below are the private lenders on our platform that are “local” lenders, based in the Philadelphia metro area. All of them are professional private lending companies. You won’t find any individual/family lenders on our platform.
- I Fund Cities
Based in Downtown Philadelphia, I Fund Cities provides several types of private money loans to real estate investors – bridge, fix & flip, ground-up construction and DSCR long-term rental loans secured by residential/multifamily properties. They can get creative with leverage structures, especially for construction projects. According to Forecasa, I Fund Cities ranks in the Top 10 Pennsylvania private lenders in terms of loan volume. They lend 20 other states. We have visited their office. - Rehab Financial Group
Based in Rosemont and established in 2010, Rehab Financial Group provides private money loans for residential and small multifamily rehab projects. They offer 100% financing to real estate investors who have decent credit and can provide proof of income. They also fund ground-up construction loans. Most of their lending is in Pennsylvania and New Jersey, but they lend in 30+ other states. We have visited their office.
Top 10 Pennsylvania Private Lenders
According to Forecasaâ„¢, here are the Top 10 Private Lenders ranked by the number of private mortgage loans originated in Pennsylvania from July 2024 to September 2024.
- Kiavi
- Constructive Loans LLC
- RCN Capital LLC
- ROC Capital
- Lending Capital Group Inc
- I Fund Cities
- Cv3 Financial Services LLC
- Nextres LLC (Lendingbase)
- Mauch Chunk Trust Company
- Velocity Commercial Capital
Forecasaâ„¢ gives investors and lenders in the private real estate market powerful analytics and actionable insights. They help you skip the hassle of combing county records and focus on closing deals. With detailed market trends, investor and lender activities, and competitive benchmarking, you can make smart, strategic decisions. Some of their services include dynamic market reports, transaction-level details, customer analytics, borrower verification, and in-depth profiles of investors, lenders, and capital partners. You’ll find their top lenders data for many other states on our platform.
Select a Metro Area
Philadelphia and Pittsburgh are the two main metropolitan areas in Pennsylvania. There are a few lenders on our platform that will only consider properties in the Philly metro area but not Pittsburgh.