Compare Hard Money Lenders for Fix & Flip

Find the best hard money lender for your next flip. Compare rates, terms, closing speed, and requirements side-by-side.

Featured Lenders

$350 cash bonus at closing

Kiavi

Leading hard money lender for residential fix & flip investors. Known for fast closings and competitive rates.

Interest Rate
9.5% - 12%
Points
1 - 3 pts
Closing Time
10-14 days
Max LTV
90%

Why Choose Kiavi

  • Pre-approval in 24 hours
  • Close in 10-14 days
  • No income verification required
  • Rehab draws funded in 2-5 days

Requirements

Min Credit: 660+
Min Loan: $100,000
Max Loan: $3,000,000
Experience: Flexible - works with new investors
Apply with Kiavi
$50 per completed application

New Silver

Tech-forward lender offering instant approvals and competitive terms for experienced investors.

Interest Rate
9.5% - 13%
Points
1.5 - 3.5 pts
Closing Time
5-10 days
Max LTV
90%

Why Choose New Silver

  • Approval in under 5 minutes online
  • Close in as fast as 5 days
  • Fix & flip, rental, and ground-up construction
  • Lower minimum loan amount

Requirements

Min Credit: 650+
Min Loan: $75,000
Max Loan: $5,000,000
Experience: Flexible
Apply with New Silver

Full Lender Comparison

Compare all hard money lenders side-by-side

LenderRatePointsMax LTVClosingMin CreditLoan RangeApply
Kiavi
Featured
9.5% - 12%1 - 390%10-14 days660$100,000 - $3,000,000Apply
New Silver
Featured
9.5% - 13%1.5 - 3.590%5-10 days650$75,000 - $5,000,000Apply
Lima One Capital
10% - 13%2 - 490%14-21 days660$75,000 - $5,000,000-
RCN Capital
10.5% - 13.5%2 - 490%10-21 days620$50,000 - $2,500,000-
Groundfloor
7.5% - 14%2 - 475%14-30 days640$75,000 - $1,500,000-

How to Choose a Hard Money Lender

Key Factors to Consider

  • Total Cost: Compare rate + points. A higher rate with lower points may cost less for short holds.
  • Closing Speed: If you need to close fast to win a deal, prioritize lenders with 10-14 day closings.
  • Rehab Draws: How quickly does the lender fund draws? Slow draws kill your timeline and budget.
  • Experience Requirements: New investors may need lenders that work with first-time flippers.

Questions to Ask Lenders

  • What is the total cost (rate, points, fees) for my scenario?
  • How quickly can you close? What could delay closing?
  • How does the draw process work? How fast are draws funded?
  • What are the extension fees if my project runs over?
  • Is there a prepayment penalty?

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Analyze Your Fix & Flip Deal

Use our free calculators to analyze your deal before applying for financing.

We may earn a commission when you apply through links on this page at no extra cost to you. Rates and terms are subject to change. Always verify current terms with the lender.