Last Updated: July 2024

Our Summary

Lending Home
A+ on Better Business Bureau

  • Very competitive rates
  • No application fee
  • Interest rates starting at 6.95%
  • No experience required

LendingHome is a leading private lender to real estate investors with over 23,000 projects funded, representing over $5 billion in loan value. With its focus on fix & flip loans, Lending Home understands the importance of speed, so their underwriting process is designed to be simple and fast. You can get a rate estimate through their online application in as few as three minutes and close in as few as 5 days.

With rates as low as 6.95% and points as low as 1.5%, Lending Home is one of the most competitive lenders in the market. In addition, there is no application fee. You should expect to begin at a higher rate as Lending Home terms become much more attractive with 5 or more exits in the last 24 months.

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Loan Types Offered

Single Family, Multi Family

Property Types

Lending Home accepts loans in Arizona, California, Colorado, Connecticut, Florida, Georgia, IL, Kentucky, Maryland, Massachusetts, Michigan, Missouri, North Carolina, Nevada, New Jersey, New York, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington and West Virginia.

Lending Areas

Fix & Flip

  • Loan Amount: $75,000 - $1,000,000
  • Loan to ARV: 70%
  • Purchase Price: 85%
  • Rehab Costs: 100%
  • Interest Rate: 6.95%+
  • Term: 12 months
  • FICO: 550
  • Experience required: No

Rental

  • Loan Amount: $25,000 - $200,000
  • Interest Rate: 4.95%+
  • Term: 5/1, 7/1 ARMs and 30-Yr Fixed
  • FICO: 680

Why use Hard Money Companies?

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