Hard Money Loans in Pennsylvania

Short-term lending for investment properties in Pennsylvania

Fix and Flip Loans

Hard money loan for house flipping, specifically for real estate investors to buy, renovate and resell for a profit.

  • No appraisal
  • Up to 90% LTC
  • Up to 100% rehab financing
  • Up to 75% ARV
  • Close as fast as 2 days

Short Term Bridge Loans

Short-term financing or gap funding used as a bridge to permanent financing or resale at a later date.

  • No appraisal
  • Up to 90% LTC
  • Delay long-term financing
  • Purchase/acquisition
  • Close as fast as 10 days

Cash Out Bridge Loans

Short term cash out refinance to buy another investment property, delay long term financing or access cash.

  • No appraisal
  • Up to 90% LTV
  • Buy another investment property
  • Cash out refinance
  • Close as fast as 10 days

Hard Money Loan Terms

Here are the hard money loan terms for investment properties in Pennsylvania. These are asset based loans, so there is no income verification.

Loan to purchase Up to 90% LTC
Rehab financing Up to 100%
Min loan amount $75,000
Max loan amount $3 Million
Interest rate Start at 9.25%
Credit score Minimum 680
Loan terms 3, 6, 12, 18 and 24 months

Talk to a Hard Money Loan Advisor

    • Compare loan options
    • Get proof of funds today
    • See how much you qualify for
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Hard Money Loan Requirements

These are the minimum requirements for a hard money loan in Pennsylvania.

Minimum Down Payment

The minimum down payment is 10%.

Business Entity Required

Since these are business purpose loans, a legally registered business is required to get approved. If you haven’t already, file for a new LLC with the state of Pennsylvania.

Minimum Documentation

The following documents will be required to get approved for a Pennsylvania hard money loan.

Speak with a Hard Money Loan Specialist

Hard Money Loan FAQ’s

There are many hard money lending options available. Here are some common questions real estate investors may have.

What credit score is needed for a hard money loan in Pennsylvania?

The minimum credit score for an Pennsylvania hard money loan is 680.

Do hard money loans hurt your credit?

As long as you make your payments on time, they won’t hurt your credit score.

Where to fix and flip with hard money loans in Pennsylvania

Not sure where to invest? Consider these cities in Pennsylvania for flipping.

  • Pittsburgh
  • Philadelphia
  • Allentown
  • Erie
  • West Chester
  • Bethlehem
  • Harrisburg

Is Pennsylvania a good place to invest with hard money?

Investing in Pennsylvania real estate with hard money allows investors to scale quickly and efficiently without using their own money. “The Keystone State” has many cities that are growing all at once, attracting people for jobs and education, which increases demand for housing.

Pennsylvania is also known for its historical homes that are in need of renovations, making it an ideal place for house flippers. Using hard money loans in Pennsylvania, allow new investors to scale and increase the frequency of how often they can invest in real estate.