West Virginia Private Money Lenders
Seeking a private money loan secured by real estate in West Virginia? On this page you'll find a list of direct private money lending companies that offer fast funding for a West Virginia 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. Scroll below the lender list.Searching...
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LendingOne
Rental, Fix & Flip, Construction & Multifamily Bridge Loans Nationwide
RCN Capital
Direct Lender for Residential Fix & Flip, Long-Term Rental, Bridge Loans
Lima One Capital
The Nation's Premier Lender for Real Estate 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
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
Yieldi LLC
Direct Lender for Investment Properties - Bridge, Rehab, Construction
Rehab Financial Group
100% Financing for Rehab, Flip and Construction Projects - NO DOWN PAYMENT!
Park Place Finance
Nationwide Direct Private Lender for Residential Real Estate Investors
Gelt Financial, LLC
Creative Private Financing for Commercial Real Estate since 1989
West Virginia Private Money Interest Rates
According to the private money loan documents software company, Lightning Docs, the average interest rate for West Virginia private 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 investment properties in West Virginia 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 West Virginia private 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 private 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 private lenders who use Liquid Logics’ loan origination software to manage their lending operations.