We are rehab hard money lenders located just outside of Philadelphia, Pennsylvania. Depending on the borrower’s characteristics (credit, income, and cash), Rehab Financial Group will fund 100% of the purchase and rehab costs – not to exceed 70% of the ARV (after repair value).
Where we are rehab hard money lenders – We provide hard money loans in CO, CT, DE, FL, GA, IL, IN, KS, LA, ME, MD, MA, MO, NH, NJ, NY, NC, PA, RI, SC, TN, VA & WV. We lend in all of NY except in the 5 boroughs.
We are a direct private lender and we aim to work with qualified real estate investors. As rehab hard money lenders, we are aiming to mitigate our risks and therefore we only work with financially strong borrowers who have a credit score of at least 660. You can visit Do I Qualify to find out more information as to whether or not you will able to receive funding for your project.
We provide short-term financing (6 or 12 months) which allows real estate investors the opportunity to purchase and rehab a property where a traditional bank otherwise would not.
Our hard money loans do not have any pre-payment penalties or back-end fees. You only pay interest for the amount of time you have the loan. Typically our clients will sell or refinance the property to pay off our loan.
Different Than Traditional Rehab Hard Money Lenders
We are different that traditional rehab hard money lenders in that we are credit-based first and then asset-based second, meaning that we underwrite (or evaluate) a hard money loan based on the financial wherewithal of the borrower. Once a borrower is approved with us, then we will look at the details of the property. If your credit score is below 660, you will need a guarantor or co-borrower.
Please look at how our loans work for more details.
This is the reason why many rehab hard money lenders are no longer lending. We often hear from investors of rehab hard money lenders backing out at the last minute and the investor ends up loosing their deal. We are confident that in our cash position we will be able to close any hard money loan we commit to.
We are cautious lenders and we like to make sure we are teaming up with sound investors. If you looking for rehab hard money lenders and you are a qualified and experienced real estate investor, we would be happy to speak to you. Please fill out the quick contact form on our website or give us a call at 610-645-9939.