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The Best Hard Money Lenders for 2023 (Interest Rates, LTV, Fees & More)

The Close

In my 28-year career in real estate and investing, I have had to source hard money financing for everything from simple fix-and-flip properties to multi-million-dollar apartment building rehabs. Let’s start with my top picks for hard money lenders. The loan term is 30 years with a three-year prepayment penalty.

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6 Best Fix and Flip Loans in 2025

The Close

of purchase price and 100% of rehab cost Another excellent choice for your next house flip loan is New Silver, which offers loans between $100,000 and $5 million that can be closed in as little as five days. Its fix and flip loan offers the lowest starting interest rate on our list and competitive terms.

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6 Best Investment Property Loans for 2025

The Close

Loan terms: 15-30 year fixed rate Time to funding: Within 60 days Minimum credit score: 620 Visit Pennymac Conventional commercial mortgage loans SBA 504 SBA 7(a) SBA microloans Business loans and lines of credit Commercial mortgage loan terms: Loan amount: $250,000-$5 million Interest rates: As low as 4.5%

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Should You Invest In The Raleigh-Durham Housing Market?

Marco Santarelli

New Construction: Raleigh ranks high for new construction per capita, which may help alleviate some inventory issues. However, the pace of new builds must keep up with the influx of new residents and demand from those moving out of rental properties. New Developments Keep an eye on new developments.