West Virginia Hard Money Lenders
Need a hard money loan secured by real estate in West Virginia? This page has a list of direct hard money lenders that offer quick funding for a West Virginia 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. Scroll to see the list of lenders.Searching...
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LendingOne
Rental, Fix & Flip, Construction & Multifamily Bridge Loans Nationwide
Park Place Finance
Nationwide Direct Private Lender for Residential Real Estate Investors
HouseMax Funding
Hard Money Loans to Fund Your Next Big Project
Gelt Financial, LLC
Creative Private Financing for Commercial Real Estate since 1989
Kiavi
Servicing 12,000+ Real Estate Investors Across the Country
American Heritage Lending
Direct Lender for Residential Real Estate Investors Nationwide
Lima One Capital
The Nation's Premier Lender for Real Estate Investors
Pimlico Capital
Direct Lender for Real Estate Investors | Established in 2016
Old North Capital Fund, LLC
True asset-based financing | No credit check, No appraisals, No prepay
RCN Capital
Direct Lender for Residential Fix & Flip, Long-Term Rental, Bridge Loans
Yieldi LLC
Direct Lender for Investment Properties - Bridge, Rehab, Construction
Rehab Financial Group
100% Financing for Rehab, Flip and Construction Projects - NO DOWN PAYMENT!
West Virginia Hard Interest Rates
According to the hard money loan documents software company, Lightning Docs, the average interest rate for West Virginia hard money loans in the 1st quarter of 2024 was 11.28%. The average loan amount was $119,646. These stats are the average of 3 short-term loans (including bridge, rehab, and ground-up construction) funded for properties in West Virginia 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 West Virginia hard money loans in the 1st quarter of 2024 was 10.18%. Lenders charged an average of 2.7% points (origination fee). The average LTV (loan-to-value) for hard money loans in West Virginia was 65%, and the average loan amount was $146,790. 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.