HARD MONEY LENDER VIRGINIA

Yes, Loan Goat funds investor property across Virginia, including Virginia Beach, Norfolk, Chesapeake, Richmond, Newport News, Alexandria and Hampton. We are a direct private lender with in-house capital, so the approval you receive is the approval that funds. Business-purpose, non-owner-occupied deals are our core, documentation stays minimal, and a standard file closes in 5 to 7 days with no prepayment penalty.

Military-adjacent rentals are a good fit for DSCR underwriting. Property in Norfolk, Hampton and Newport News qualifies on what the unit rents for rather than what you personally earn, and turnover tied to orders does not disqualify a building. If you are buying vacant and repositioning first, bridge financing carries you to stabilization and refinancing early costs nothing.

Historic rehab in Richmond is well inside our programs. Fix and flip and bridge loans both fund Fan District rowhouses, Church Hill frame houses and Jackson Ward brick, covering purchase and renovation together with draws released by the same desk that approved the file. Bring the scope of work and the comparable resale. Age and deferred maintenance do not push us off a deal.

Alexandria sits comfortably inside our range. Business purpose bridge runs to $25,000,000 when the deal calls for it, so a higher basis in Old Town or along the Potomac corridor changes the loan amount rather than the process. Up to 75% LTV is available on business purpose bridge, and the underwriting still turns on the property and a credible exit.

Bridge money runs from 9.00% to 13.00% and moves with leverage, property type, exit and experience. Rental loans price lower because the property carries the debt, from 6.50% on the Non-QM tier. Every quote is written before an appraisal is ordered, so you are never chasing a number that changes at the closing table.

Credit is reviewed, but the property carries the decision. These are business-purpose loans on non-owner-occupied real estate, underwritten to value, exit and the strength of the deal. Investors turned down by a bank for self-employment, a recent event on file or thin documentation are routine business here.

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.

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.