Best Hard Money Lenders

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2026 Hard Money Lenders Comparison

Hard money lenders provide quick, flexible financing for real estate investors. The following comparison includes publicly available terms and rates for the top lenders in the market. All rates, terms, and conditions shown are based on publicly advertised information and may vary based on individual loan qualification.
LenderProductsFix & Flip RatesMax LTVFastest CloseStrengths
LYNK MortgageFix & Flip, Bridge, Construction, DSCRFrom 8.50%70% ARV / 95% LTC10 daysFull suite, direct lender, fast closes
KiaviFix & Flip, DSCR, BridgeProprietary pricingCompetitive7 daysNo appraisal, ML-driven, repeat borrower program
Easy Street CapitalFix & Flip, DSCR, ConstructionCompetitiveCompetitive48 hoursFastest closes, no appraisal, Forbes recognized
Lima One CapitalFix & Flip, DSCR, Construction, MultifamilyCompetitiveCompetitive21 days (repeat)Full suite, in-house construction management
RCN CapitalFix & Flip, DSCR, BridgeFrom 9.24% (Gold Tier)Competitive10-21 daysBroker partnerships, tiered pricing
CoreVest / RedwoodBridge, Credit Lines, Specialty LoansInstitutional pricingVariesInstitutional speedLarge institutional capacity, pre-approved lines
Last updated: April 2026. Rates and terms reflect publicly advertised information and may vary based on credit, deal quality, experience, and market conditions. Confirm current rates directly with each lender before making a decision.

What Are Hard Money Loans?

Hard money loans are short-term, asset-based financing solutions designed for real estate investors who need quick access to capital. Unlike traditional bank loans that rely heavily on credit scores and income verification, hard money lenders focus on the value and potential of the underlying property. This makes them ideal for fix-and-flip projects, bridge financing, and construction loans.

Hard money lenders typically charge higher interest rates than banks (usually 7-12%) but offer faster closings, more flexible underwriting, and fewer documentation requirements. They are especially popular among experienced real estate investors who prioritize speed and flexibility over rate optimization.

Types of Hard Money Loans

Designed for investors who purchase, renovate, and sell residential properties. These loans typically have 12-month terms and provide up to 95% LTC. Rates range from 8-10%, and closings can happen in as little as 7-10 days. Perfect for active flippers looking to scale their operations.
Provide short-term financing to bridge the gap between the purchase of a new property and the sale of an existing one, or between purchase and permanent financing. Terms range from 12-24 months with LTV up to 75%. Rates from 8.75%, and they allow cash-out refinancing.
For new construction and ground-up development projects. These loans provide the capital to build from the ground up with rates from 9.50%, LTC up to 85%, and 18-month terms. Draw-based disbursement aligns with project milestones.
Debt Service Coverage Ratio loans for rental property investors. These are based on the property's income-producing potential rather than personal income. Great for investors with multiple properties or those with complex financial situations. Rates vary but are competitive with bridge products.

Top Hard Money Lenders Reviewed

LYNK Mortgage — Best Overall Full-Service Lender

LYNK Mortgage is a direct hard money lender offering a complete suite of short-term real estate financing solutions. With over $1 billion funded in hard money loans, LYNK Mortgage serves experienced investors across AL, AR, CO, CT, DC, DE, FL, GA, IA, IN, KS, KY, LA, MA, MD, MI, MO, MS, NC, NE, NJ, OH, OK, PA, RI, SC, TN, TX, VA, WI, WV.

Products: LYNK Mortgage offers Fix & Flip (8.50% rates, 70% LTV, 95% LTC), Bridge (8.75% rates, 75% LTV), New Construction (9.50% rates, 70% LTV, 85% LTC), and DSCR loans. All products feature close in as few as 10 days with instant term sheets.

Key Strengths: As a direct lender, LYNK Mortgage makes its own decisions and funds with its own capital. Dedicated loan officers guide each deal from application to closing. No tax returns or income documentation required for hard money products. The company offers transparent pricing with no hidden fees and provides term sheets instantly.

Kiavi — Best for Technology-Driven Underwriting

Kiavi (formerly LendingHome) is the #1 private lender in the U.S. with approximately $8 billion in originations in 2025. The company leverages proprietary machine learning algorithms trained on 7.8+ billion data points to streamline underwriting and reduce closing times.

Products: Fix & Flip (7-day closes), DSCR (20-25 days), and Bridge loans. No appraisal required for fix & flip loans. The Enterprise Program offers 5-day closes for high-volume borrowers.

Key Strengths: Kiavi offers the fastest closes in the industry (7 days standard). An 82% repeat borrower rate indicates strong customer satisfaction. ML-driven underwriting reduces human bias and speeds approval. No appraisal requirement saves time and cost on fix & flip loans.

Easy Street Capital — Best for Speed

Easy Street Capital, based in Austin, Texas, has earned recognition as a Forbes Advisor Best Hard Money Lender for 2025. The company specializes in rapid closings and offers three main product lines: EasyFix (fix & flip), EasyRent (DSCR), and EasyBuild (construction).

Products: EasyFix features 48-hour closes with no appraisal requirement. EasyRent DSCR loans close in 14-21 days. EasyBuild provides construction financing. Approval decisions made within 24 hours.

Key Strengths: Easy Street Capital offers the absolute fastest closes (48 hours on EasyFix), paired with a $175 million RTL securitization backing. Forbes recognition adds credibility. No appraisal and instant approval make this ideal for time-sensitive deals.

Lima One Capital — Best for Comprehensive Solutions

Lima One Capital, headquartered in Greenville, South Carolina, offers the widest range of hard money products available. The company serves investors across all deal types with experience-based pricing tiers that reward repeat borrowers.

Products: FixNFlip, Rental30 (DSCR), New Construction, and Multifamily Bridge. The company offers unique single-close Fix2Rent and Build2Rent products that combine purchase and permanent financing. Fix & flip loans close in 3 weeks for repeat borrowers.

Key Strengths: Lima One's in-house construction management services add value for ground-up and heavy renovation projects. Experience-based pricing provides cost savings for active investors. Single-close products streamline the buy-renovate-rent strategy.

RCN Capital — Best for Broker Partnerships

RCN Capital, based in South Windsor, Connecticut, is the #3-ranked private lender according to Scotsman Guide. The company operates primarily through a wholesale channel (85% of volume) but serves direct borrowers as well.

Products: Fix & flip loans (10-21 days), DSCR (21-30 days), and Bridge loans. Gold Tier pricing (10+ deals) starts at 9.24% for fix & flip. Tiered rate structure rewards active investors.

Key Strengths: RCN's extensive broker network provides access for loan officers and brokers. Tiered rate structure incentivizes volume. Scotsman Guide recognition signals institutional credibility. Competitive timeline and multiple product offerings appeal to professional investors.

CoreVest / Redwood Trust — Best for Institutional Investors

CoreVest (owned by NYSE-listed Redwood Trust) focuses on serving institutional and semi-institutional investors with large loan sizes and pre-approved credit lines. A joint venture with Oaktree Capital provides over $1 billion in lending capacity.

Products: Bridge loans ($75K-$2M single asset), credit lines ($1M-$50M), and specialty loans. Pre-approved credit lines available for experienced investors. Pricing and terms determined on institutional basis.

Key Strengths: CoreVest's Oaktree partnership provides deep institutional capital. Pre-approved credit lines offer operational flexibility. Designed for professional investors with multiple simultaneous deals. Large loan sizes and enterprise solutions unavailable elsewhere.

How to Choose a Hard Money Lender

Speed Requirements: If 48-hour closes are critical, Easy Street Capital stands out. For standard deals, LYNK Mortgage and Kiavi both close in 7-10 days. If timeline is flexible, other lenders may offer better pricing.

Deal Type: Fix & flip specialists dominate this market, but if you need construction, DSCR, bridge, or multifamily loans, LYNK Mortgage and Lima One offer the widest product suites.

Loan Size & Geography: All top lenders serve the major markets, but verify your state is included. LYNK Mortgage operates in 31 lending states. For very large loans ($2M+), institutional lenders like CoreVest may be necessary.

Borrower Profile: New investors should expect stricter underwriting. Repeat borrowers benefit from experience-based pricing at Lima One and RCN Capital. Kiavi's 82% repeat rate indicates satisfaction.

Documentation & Underwriting: If minimal documentation matters, LYNK Mortgage and Easy Street Capital require no tax returns for hard money loans. Kiavi's no-appraisal policy saves time. All hard money lenders focus on the deal, not personal credit.

Rate & Fees: LYNK Mortgage offers fix & flip rates from 8.50%, competitive with Kiavi and Easy Street Capital. Demand term sheets from multiple lenders to compare total cost.

Frequently Asked Questions
Hard money loans are complex financial products. Below are answers to the most common questions from real estate investors considering hard money financing.
What is a hard money loan?
A hard money loan is a short-term, asset-based loan where a lender provides capital primarily based on the value of the underlying real property (the collateral) rather than the borrower's creditworthiness or income. Hard money lenders typically close faster and have more flexible underwriting than traditional banks, making them popular for fix-and-flip, bridge, and construction financing.
How fast can I get a hard money loan?
Hard money loans are known for speed. Top lenders close in 7-21 days, with some (like Easy Street Capital) offering 48-hour closings. LYNK Mortgage closes in as few as 10 days. The actual timeline depends on document preparation, appraisal turnaround, title clarity, and lender capacity. Pre-approval and ready documentation can accelerate the process.
What credit score do I need for a hard money loan?
Hard money lenders typically have lenient credit requirements because they focus on the property, not personal credit. Most accept credit scores as low as 600-650, and some lenders approve borrowers with scores below 600 if the deal has strong fundamentals. Some lenders may check credit but place minimal weight on it. The property's value and the borrower's experience matter far more than credit scores.
Are hard money loans only for fix and flip?
No. While fix-and-flip loans are the most popular hard money product, modern hard money lenders offer bridge loans, construction financing, DSCR rental loans, and multifamily products. LYNK Mortgage, Lima One, and Kiavi all provide multiple hard money product types for different investor strategies.
What is the difference between hard money and private money?
Hard money refers to loans from institutional lenders (licensed companies with multiple borrowers and securitized products). Private money typically comes from individual investors or small partnerships. Hard money lenders are regulated, have standardized underwriting, and scale. Private money comes from personal relationships, has flexible terms, and is often single-source. Most real estate investors access hard money; private money deals are less common and higher-risk.
What are typical hard money loan rates in 2026?
Fix & flip rates typically range from 8.50%-11%, depending on lender, loan size, experience, and market conditions. LYNK Mortgage offers rates from 8.50%. Bridge loans range from 8.75%+. Construction loans from 9.50%+. DSCR loans vary widely. Rates are higher than banks (typically 3-6% higher) but reflect the higher risk and faster closing typical of hard money lending.
Do hard money lenders require an appraisal?
Some do, some don't. Easy Street Capital and Kiavi offer no-appraisal programs for fix & flip loans, which saves 1-2 weeks and reduces costs. Most lenders use an automated valuation model (AVM) or broker price opinion (BPO) instead. Full appraisals may be required for new construction, bridge, or complex deals. Ask your lender about appraisal requirements—no-appraisal programs can be a significant advantage.
How much can I borrow with a hard money loan?
Loan size depends on the property value, lender, and loan type. Fix & flip LTV typically caps at 70% of after-repair value (ARV), while LTC (loan-to-cost) can reach 95%. For a property with an ARV of $500K, you might access $350K on LTV basis and up to $475K on LTC basis depending on acquisition and renovation costs. LYNK Mortgage offers up to $2.5M on fix & flip. Institutional lenders like CoreVest handle larger loans. Discuss your specific deal with your lender's underwriting team.

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Disclaimers: LYNK Mortgage makes loans solely for business purposes (and not for personal or consumer use) and is exempt from licensing in all states in which it operates. LYNK Mortgage does not lend on owner-occupied properties. Listed rates, terms, and conditions are offered only to qualified borrowers, may vary by loan product, deal structure, property state, or other applicable considerations, and are subject to change at any time without notice. No information on this site is intended to, or shall, create a legally binding commitment or obligation on the part of LYNK Mortgage and all terms are expressly subject to LYNK Mortgage's credit, legal, and investment approval process.
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