© WHERE WE LEND WILMINGTON · DE
HARD MONEY LENDER WILMINGTON, DE
Direct private capital for Wilmington investors, underwritten on the property and funded from San Diego.
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
Wilmington sits where the Christina meets the Delaware, the corporate center of its state and a stop on the I 95 spine between Philadelphia and Baltimore. The Riverfront district turned industrial land into new construction, Trolley Square and Little Italy carry walkable rowhouse blocks, and the Brandywine side holds the older stone and estate housing.
Wilmington is one of the Delaware markets Loan Goat lends in year round. New Castle County files and deals in Philadelphia, Dover and Reading are underwritten identically, on value, exit and the plan for the property.
The whole point of a private lender is that the deal decides the answer. On Wilmington property that means value, exit and plan, reviewed by the same desk that releases the funds. Veteran-owned, in business since 2022, 1.3K+ loans closed.
© THE COST WILMINGTON · DE
WHAT DO WILMINGTON HARD MONEY LOANS COST
Pricing a Wilmington deal is straightforward. Bridge runs from 9.00% to 13.00% and moves with leverage and risk. Ask for more of the purchase price and the rate moves up; bring a stronger exit and it moves down. Residential bridge goes to 75% LTV and commercial to 70%.
Every quote is written before an appraisal is ordered, so a Wilmington investor knows the rate, the leverage, the term and the fees while there is still time to walk. No prepayment penalty on the bridge programs means a flip that sells in four months costs four months of interest, not twelve.
| 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 Wilmington 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 WILMINGTON · DE
WHY LOAN GOAT IN WILMINGTON
- CLOSED LOANS SINCE 2022
- LOANS FUNDED ACROSS 46 STATES
- GOOGLE RATING
- REVIEWS
A private lender earns its rate by being fast and being sure. On Wilmington property that shows up as a written quote the same day, an appraisal ordered only once the terms are agreed, and a wire inside a week. The rate buys the speed and the certainty.
Brick rowhouses from the nineteenth century in long uniform blocks, Victorian twins near Trolley Square, stone houses along the Brandywine corridor, and downtown office buildings plus newer riverfront apartment product. That stock is exactly what the bridge and fix and flip programs are built for.
Rowhouse rehabs refinanced into long term holds are the volume play in this city. Small multifamily conversions suit the larger twins, riverfront and downtown commercial attracts repositioning capital, and Philadelphia spillover keeps buyer interest steady. The program follows the plan, not the other way round.
THE PROCESS
- Complete your application
- Submit required documentation
- Sign your Letter of Intent
- We process and close your loan in 5-7 days
WILMINGTON DEALS, FUNDED FROM SAN DIEGO.
New Castle 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 WILMINGTON · DE
MOST COMMON WILMINGTON LOAN SCENARIOS
- 1031 EXCHANGE Bridge money that lets a Wilmington replacement property close inside the 45 and 180 day windows.
- AUCTION & HUBZU Wilmington auction buys where the deposit is up and the clock is already running.
- BANKRUPTCY BUYOUT Buying out a partner or a plan on Wilmington real estate, funded on the equity in the asset.
- BANK STATEMENT LOANS Deposits instead of tax returns for self-employed buyers working New Castle County.
- FORECLOSURE AUCTION Courthouse and trustee sale purchases in New Castle County, funded on the asset and the plan.
- FOREIGN NATIONAL Foreign national buyers acquiring Wilmington investment property without a US credit file.
- NON-WARRANTABLE CONDOS Non-warrantable New Castle County condo units where the HOA or the investor concentration killed the conventional loan.
- SELF-EMPLOYED Business owners buying in Wilmington whose write-offs make a bank file impossible.
- VACATION RENTAL Wilmington vacation rental purchases where the projected income does the work.
- CASH OFFERS ONLY Sellers in Wilmington who will only look at cash get a proof of funds that holds up.
© LOAN PROGRAMS NINE WAYS TO CLOSE
LOAN PROGRAMS AVAILABLE IN WILMINGTON
- 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 WILMINGTON · DE
PROPERTY TYPES WE FINANCE IN WILMINGTON
- MULTI-FAMILY Two to four unit buildings and small apartment stock in New Castle County, purchase or cash-out.
- MIXED-USE Retail-over-residential buildings in Wilmington commercial corridors, up to 70% LTV.
- INDUSTRIAL & WAREHOUSE Warehouse and flex space in and around Wilmington, purchase, refinance and cash-out.
- HOSPITALITY: HOTEL & MOTEL Motel and boutique hotel repositioning in Wilmington bridged to an SBA or conventional exit.
- SELF-STORAGE Wilmington storage facilities, stabilized or in lease-up.
- LAND Entitled and unentitled parcels around Wilmington on the land program.
© THE APPROACH WILMINGTON · DE
HOW WE LEND IN WILMINGTON
Read the table as a promise rather than a pitch. On a Wilmington deal it means the leverage quoted is the leverage funded, the timeline quoted is the timeline delivered, and the person who priced the file is the person who releases the money.
© GOOGLE REVIEWS 5.0 GOOGLE RATING · 150+ REVIEWS
WILMINGTON BORROWERS, IN THEIR WORDS
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Working with Loan Goat has been an absolute game-changer in my home-buying journey! From the start, Milad, brought a level of expertise and care that made the process smooth and stress-free. His team's dedication to customer service is...
ALIZE RIOS -
I recently worked with Loan Goat, and my experience was fantastic. From start to finish, the team was attentive, knowledgeable, and genuinely interested in helping me find the best loan options for my needs. They walked me through every...
LUIS GONZALEZ -
Working with Loan Goat has been an absolute game-changer in my home-buying journey! From the start, Milad, brought a level of expertise and care that made the process smooth and stress-free. His team's dedication to customer service is...
ALIZE RIOS -
I recently worked with Loan Goat, and my experience was fantastic. From start to finish, the team was attentive, knowledgeable, and genuinely interested in helping me find the best loan options for my needs. They walked me through every...
LUIS GONZALEZ
© QUESTIONS WILMINGTON · DE
WILMINGTON 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 Wilmington and across New Castle 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 Wilmington 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 Wilmington 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 New Castle County. Owner-occupied has its own program. If the Wilmington asset produces or will produce value, there is usually a structure for it.
Property types -
Yes. Loan Goat lends nationwide from San Diego and treats Wilmington and New Castle County like any other market: bridge, fix and flip, DSCR rental, construction or commercial, all business purpose. Out of state and entity borrowers are routine here because the property is what gets underwritten. Documentation stays minimal and closings land inside a week.
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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.
Self-employed borrowers -
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.
Bridge loan terms -
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 -
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
© WHERE WE LEND WILMINGTON · DE
WILMINGTON, 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 WILMINGTON · DE
SUBMIT A LOAN REQUEST
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(619) 617-2797
