© WHERE WE LEND ST. PETERSBURG · FL
HARD MONEY LENDER ST. PETERSBURG
Hard money for St. Petersburg and Pinellas County: written terms first, wire in five to seven days.
CALL OR TEXT US (619) 617-2797
- GOOGLE RATING 150+ REVIEWS
- CLOSED LOANS SINCE 2022
- LOANS FUNDED ACROSS 46 STATES
- VETERAN OWNED Company NMLS 1416824 · Branch NMLS 2554618
St. Petersburg holds the west side of Tampa Bay, and its investor map runs from the Edge District and Grand Central through Old Northeast, Kenwood and the Skyway Marina District. Capital moves here because downtown density, waterfront proximity and a steady spillover of Tampa demand keep both the rental exit and the resale exit open.
Every program on this site is available on St. Petersburg property and across Pinellas County. Investors who also buy in Clearwater, Tampa and Lakeland run those deals through the same desk, which is the point: one lender who already knows the borrower, the entity and the exit strategy.
A St. Petersburg investor gets a direct line to the lender. No intake team, no file handed down a chain, no bank underwriter three weeks out. Written terms come first, then title and escrow, then the wire, usually inside five to seven days.
© THE COST ST. PETERSBURG · FL
WHAT DO ST. PETERSBURG HARD MONEY LOANS COST
What a St. Petersburg hard money loan costs comes down to four things: the leverage, the property, the exit and how much documentation you want to hand over. Bridge money runs from 9.00% to 13.00%, with leverage up to 75% on residential and 70% on commercial, on one or two year terms.
Terms arrive in writing first. That is deliberate: a St. Petersburg borrower should be able to underwrite the lender before spending a dollar on third-party reports. Bridge loans carry no prepayment penalty, so paying off early costs nothing but the days you used.
| PROGRAM | RATES | LEVERAGE UP TO | TERMS | LOAN AMOUNTS |
|---|---|---|---|---|
| BRIDGE LOAN | 9.00% to 13.00% | LTV 75% | 1 or 2 years | $150,000 to $25,000,000 |
| FIX & FLIP | 9.99% to 12.00% | LTV 85% of purchase, LTC 100% of rehab | 6 to 18 months | $250,000 to $10,000,000 |
| RENTAL DSCR | 6.50% to 9.99% Non-QM | LTV 80% | 5, 7, 30 and 40 year fixed | Sized to the property |
Starting rates for qualified borrowers, from the published terms cards. Points and fees are quoted on the Letter of Intent. Rates are subject to change without notice and are not a commitment to lend.
Those are the published ranges, not a teaser. Where a St. Petersburg deal lands inside them depends on the property, the leverage and the exit. The fastest way to a real number is the address, the price and the plan.
© WHY LOAN GOAT ST. PETERSBURG · FL
WHY LOAN GOAT IN ST. PETERSBURG
- CLOSED LOANS SINCE 2022
- LOANS FUNDED ACROSS 46 STATES
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- REVIEWS
Working with a direct lender on a St. Petersburg deal removes the layers. There is no broker marking up the file, no correspondent shopping it and no investor behind the investor. One lender, its own capital, one set of terms.
Expect 1920s bungalows in Kenwood, masonry ranches from the 1950s south of Central Avenue, mid-century duplexes and fourplexes toward the beaches, plus concrete condo stock along the waterfront on modest platted lots. Every one of those property types is on the eligible list.
Bungalow flips in the historic districts, small multifamily held for rent near downtown, and vacation rental plays toward St. Pete Beach all run here. Value-add on tired fourplexes is the quiet favorite. Whichever of those plays is on the table, there is a program written for it.
THE PROCESS
- Complete your application
- Submit required documentation
- Sign your Letter of Intent
- We process and close your loan in 5-7 days
ST. PETERSBURG DEALS, FUNDED FROM SAN DIEGO.
Pinellas County files run on the same terms as the home markets: written quote first, appraisal once terms are agreed, wire in five to seven days. 1.3K+ closed loans since 2022 and $1.5B+ funded across 46 states.
© LOAN SCENARIOS ST. PETERSBURG · FL
MOST COMMON ST. PETERSBURG LOAN SCENARIOS
- 1031 EXCHANGE Exchange deadlines do not move, so St. Petersburg replacement purchases get funded on the calendar, not on a bank's.
- AUCTION & HUBZU Auction and Hubzu purchases in Pinellas County funded on the short settlement clocks those platforms run.
- BANKRUPTCY BUYOUT Payoff money to clear a bankruptcy or partner buyout on a St. Petersburg property before the deadline.
- BANK STATEMENT LOANS Bank statement underwriting for St. Petersburg investors whose returns do not show the income the deal actually produces.
- FORECLOSURE AUCTION St. Petersburg foreclosure buys where the money has to be certain before the gavel.
- FOREIGN NATIONAL No US credit history and no domestic tax returns is a normal St. Petersburg file here.
- NON-WARRANTABLE CONDOS Condos in St. Petersburg that agency guidelines will not take, financed on their own merits.
- SELF-EMPLOYED Self-employed St. Petersburg investors underwritten on the property instead of two years of returns.
- VACATION RENTAL Short-term rental acquisitions and refinances in and around St. Petersburg, underwritten on the asset.
- CASH OFFERS ONLY Cash-equivalent certainty for a St. Petersburg offer that has to beat financed competition.
© LOAN PROGRAMS NINE WAYS TO CLOSE
LOAN PROGRAMS AVAILABLE IN ST. PETERSBURG
- BRIDGE LOANS Acquire, recapitalize or stabilize with short-term capital that closes in days, not months. FROM 9.00% · LTV 75% · 1-2 YR
- FIX & FLIP LOANS Buy, renovate and sell or hold, with the rehab funded through draws and no prepayment penalty. FROM 9.99% · LTV 85% · 6-18 MO
- CONSTRUCTION LOANS Ground-up financing with flexible draws through every stage of the build. LTC 80% · 12-18 MO
- RENTAL PROPERTY LOANS Long-term DSCR, portfolio and multifamily term loans that qualify on the property's cash flow. FROM 6.50% · LTV 80% · 30 YR
- COMMERCIAL LOANS Hybrid-term financing for multifamily, mixed-use, retail, office and industrial in major metros. FROM 7.90% · LTV 70% · 1-15 YR
- OWNER OCCUPIED LOANS Short-term bridge financing on the home you live in, with a refinance into a conventional or jumbo loan as the exit. FROM 10.50% · LTV 70% · 11-12 MO
- BANK FINANCING Bank statement, P&L-only and SBA programs for business owners outside the standard mortgage box. TERMS 5 TO 30 YR
- SECOND & THIRD MORTGAGES Second and third lien position loans behind an existing first mortgage. 12-36 MO · BUSINESS PURPOSE
- BLANKET / CROSS-COLLATERAL LOANS One loan across several properties, cross-collateralized when a single asset will not carry the deal. FROM 8.99% · 1-3 YR
© PROPERTY TYPES ST. PETERSBURG · FL
PROPERTY TYPES WE FINANCE IN ST. PETERSBURG
- RETAIL St. Petersburg retail purchase, refinance and cash-out on the bridge program.
- OFFICE Medical and small office buildings in St. Petersburg, including cash-out to fund a renovation.
- INDUSTRIAL & WAREHOUSE Industrial and last-mile logistics property in Pinellas County on bridge terms.
- HOSPITALITY: HOTEL & MOTEL St. Petersburg hospitality assets financed through the renovation and back out again.
- SELF-STORAGE Self-storage acquisition and expansion in Pinellas County on bridge and commercial programs.
- LAND Pinellas County land held for development, financed on value and plan.
© THE APPROACH ST. PETERSBURG · FL
HOW WE LEND IN ST. PETERSBURG
Most lenders compete on one line of that table. This one is built to hold every line at once, which is why a St. Petersburg borrower gets leverage and speed in the same quote rather than trading one for the other. If the numbers do not work, you are told early and directly.
© GOOGLE REVIEWS 5.0 GOOGLE RATING · 150+ REVIEWS
ST. PETERSBURG BORROWERS, IN THEIR WORDS
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The Loan GOAT saved the day! A deal started to go south with a traditional bank despite there being no true issue. Milad having a true understanding of how to get help we are clear to close in 15 business days. Maricruz was the star in this,...
ALEXIS REYES -
This is my first experience dealing with Milad Shamoun & Blair Noble at Loan Goat. Very professional, accommodating and focused on obtaining results. Over my years I have dealt with various types of Intuitional and Private Lenders. Loan Goat stacks up with the best.
RAYMOND HERRERA -
I had an excellent experience with Loan Goat during our real estate deal, working as the buyers agent throughout the deal. Their team was professional, responsive, and guided me through every step of the process. Clear communication and...
RAPHAEL ROUFAIL II -
The Loan GOAT saved the day! A deal started to go south with a traditional bank despite there being no true issue. Milad having a true understanding of how to get help we are clear to close in 15 business days. Maricruz was the star in this,...
ALEXIS REYES -
This is my first experience dealing with Milad Shamoun & Blair Noble at Loan Goat. Very professional, accommodating and focused on obtaining results. Over my years I have dealt with various types of Intuitional and Private Lenders. Loan Goat stacks up with the best.
RAYMOND HERRERA -
I had an excellent experience with Loan Goat during our real estate deal, working as the buyers agent throughout the deal. Their team was professional, responsive, and guided me through every step of the process. Clear communication and...
RAPHAEL ROUFAIL II
© QUESTIONS ST. PETERSBURG · FL
ST. PETERSBURG HARD MONEY LOANS, ANSWERED
Straight answers to what borrowers ask before they call. Questions we answer elsewhere link to the page that owns them.
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Yes. Loan Goat funds investment property in St. Petersburg and across Pinellas County on every program listed on this site: bridge, fix and flip, construction, rental property, commercial, owner occupied, bank financing, second and third mortgages and blanket loans. The desk is in San Diego, the capital is in house, and St. Petersburg files are underwritten on the property rather than on where the borrower banks.
Request a quote -
Five to seven days is standard and low-doc bridge files have funded in as little as three. The timeline on a St. Petersburg deal is usually set by title and escrow rather than by underwriting, because the credit decision is made in house by one person. Open title early and the wire follows the written terms.
How it works -
Non-owner-occupied residential from single-family up to four units, apartment buildings, mixed-use, retail, office, industrial and flex, self-storage, hospitality, manufactured housing and land across Pinellas County. Owner-occupied has its own program. If the St. Petersburg asset produces or will produce value, there is usually a structure for it.
Property types -
Yes. Loan Goat funds fix and flip deals in St. Petersburg and across Pinellas County, and a house inside Old Northeast or Kenwood gets underwritten the same way as any other: on the property and the exit, not on your tax returns. Bridge money closes in five to seven days, and nothing penalizes you for paying it off early.
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The address, the purchase price or current value, what you owe, what you plan to do with the property and how you intend to pay the loan back. That is enough for a written quote. Full-doc income packages are not part of the low-doc programs, which is why a quote arrives in hours rather than weeks.
Request a quote -
Single-family rentals, condos, townhomes, two to four unit buildings, apartment buildings, mixed-use, retail, office, industrial and flex, self-storage, hospitality, manufactured housing and land. Business-purpose and non-owner-occupied is the core of the book, with owner-occupied handled under its own program.
Property types -
Five to seven days is the standard, and low-doc bridge deals have closed in as little as three. Speed comes from the structure, not from cutting corners: in-house capital, one decision maker and minimal documentation. Title and escrow set the floor, so the sooner those are opened, the sooner the wire moves.
How funding works -
No prepayment penalty on the bridge programs. Pay the loan off the day the flip sells or the refinance funds and you owe interest for the days you used the money. That matters when the whole plan is to be in and out inside a year.
All loan programs
© WHERE WE LEND ST. PETERSBURG · FL
ST. PETERSBURG, ROUTED FROM SAN DIEGO HQ.
- CLOSED LOANS SINCE 2022
- LOANS FUNDED ACROSS 46 STATES
- Lending footprint, 46 states
- Home markets: California and Arizona
- San Diego headquarters
© GET A QUOTE ST. PETERSBURG · FL
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