7901 4th St N, Suite 10265, St. Petersburg, FL 33702 |

698 NE 1st Ave, Miami, FL 33132

Hard Money Lenders FLORIDA

Lender of choice for investors across Florida. We’re fast, fairly priced, and we’ll get your deal done!

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Hard Money Lenders Pennsylvania

Pennsylvania Hard Money Loans for Fix and Flips and Ground Up Construction

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Pennsylvania

Fix & Flip Loan

Sample Deal

Loan Amount: $155,000

90% of Purchase + 100% of Rehab

Rate 11.00%
12 Months

Points 2.75%
10 Days to Close

Featured In

Why We’re The Best Hard Money Lender In pennsylvania

We pride ourselves on being one of the best hard money lenders in Pennsylvania for Fix and Flips, GUC, Rentals, and Multifamily investments.

Competitive Terms

We provide competitive Terms on Pennsylvania investment property loans.
Pennsylvania Fix and Flip Loan Rates range from 10.5%-11.25% and a 1.5%-2.99% Origination Fee. DSCR Loan Rates range from 6.5% to 7.99% and 1.0% Origination Fee.

See our Loan Products Section for a detailed pricing breakdown of each Florida loan product.

Simple Online Application

Real Estate investors can apply online, get pre-approved, or schedule a call in 2 minutes. Working with Ridge Street is simple and fast.

Start your simple online application today. Learn More

Quick Turn Around

Our team is always available to take your call. If you submit a Quick Application or a Pre-Approval Application we’ll get back to you within 1 business hour. We can fund your project in 7 days.

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Reliable Financing

Integrity and honesty are the foundations of our business. When we commit to a loan, we make sure you close on time.”

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Pennsylvania Hard Money Loan Products

Pennsylvania Fix and Flip Loan

Funding For Purchase + Rehab

$50,000 up to $3,000,000

Interest Rate 10.5%-11.25%

Origination Fee From 1.5%

Up to 90% of Purchase and 100% of Rehab

Fix and Flip Loans For Beginners Allowed

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Pennsylvania DSCR Loan

30 Year DSCR Loans For Rental Properties

Up to $2,000,000

Interest Rate 6.75%-7.99%

Origination Fee From 1.0%

Up to 80% of LTV

Short Term Rentals and Long Term Rentals

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Pennsylvania Ground Up Construction Loan

For New Builds and Construction Completion

Up to $3,000,000

Interest Rate 10.99%-12.25%

Origination Fee From 2.0%

Up to 75% of Purchase and 100% of Construction

Up to 90% of LTC

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Pennsylvania Hard Money Loan process

Our hard money lending process for Pennsylvania investment properties is simple and quick. Ridge Street closes loans in as little as 7 business days.

Apply Or Get Pre-Approved Online

~ 2mins

Fill out a 2 Min Quick App with info about your Pennsylvania based project. We need some preliminary information so that we can accurately evaluate your deal.

If you’re looking to be pre-approved so that you can find your next deal or you’d like to get more info from on of our team members, select an option below.

Request A Term Sheet | Get Pre-Approved | Schedule A Call

Hard Money Loan Process Step 2 Container

Receive your Term Sheet

~ 2mins

Once we have your completed application, we’ll email you the term sheet and give you a call to provide confirmation.

Hard Money Loan Process Step 3 Container

Submit Docs

~ 1-3 days

Once you’ve accepted the Loan Terms, we’ll collect your remaining documents and begin underwriting the loan. We have a low document program with no income statement documentation.

Appraisal or BPO

~ 2-7 days

Once you've submitted your documents, an appraisal will be ordered and completed In 2-7 days.

Hard Money Loan Process Step 5 Container

Closing

~ 1-3 days

Once we have the completed document package, we'll schedule your closing within 1-3 business days.

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Featured Pennsylvania Hard Money Loan

State

Loan Type

Loan Amount

Loan Amount (if applicable)

Rate

Points

Pennsylvania Deal Summary

This 3-bedroom, 2-bathroom property in Pittsburgh offered a great opportunity for a fix-and-flip project in an up-and-coming neighborhood. Purchased for $125,000 with a $37,500 rehab budget, the investor planned cosmetic upgrades to modernize the property. Ridge Street Capital structured a loan to cover the majority of the project costs, helping the borrower keep their cash investment low.

Keyword Highlights:

High Leverage: Financed 90% of the $125,000 purchase price and 100% of the $37,500 rehab budget.
Competitive Rate: Provided a 12-month loan at 11.00%, ensuring manageable carry costs throughout the project timeline.
Investor-Friendly Terms: The loan structure minimized the investor’s out-of-pocket expenses, enabling them to focus on executing the rehab efficiently.

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What are DSCR Loans used for in Texas?

Pennsylvania

1. Philadelphia

2. Pittsburgh

3. Allentown

4. Scranton

What are Hard Money Loans Used For In Pennsylvania?

Real Estate Investors in Pennsylvania use hard money loans to purchase, rehab, and construct investment properties.
A hard money loan is an “asset-based” loan in which the loan amount is based on the as-is value and after repair value of a property as well as the credit scores of the borrowing company’s owners.
Hard money loans allow Pennsylvania real estate investors to secure financing for fix and flips, ground-up construction, and rental properties through an LLC or a Corp without using their personal income.
For most hard money loans, investors will have to bring a 10%-20% down payment and can use the hard money loan to finance the remainder of their project.
As Pennsylvania real estate investors acquire more experience, hard money lenders like Ridge Street will increase their leverage and require less cash at the closing table.

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Real Estate Investors in Pennsylvania use hard money loans to purchase, rehab, and construct investment properties.
‍
A hard money loan is an “asset-based” loan in which the loan amount is based on the as-is value and after repair value of a property as well as the credit scores of the borrowing company’s owners.
‍
Hard money loans allow Pennsylvania real estate investors to secure financing for fix and flips, ground-up construction, and rental properties through an LLC or a Corp without using their personal income.
‍
For most hard money loans, investors will have to bring a 10%-20% down payment and can use the hard money loan to finance the remainder of their project.
‍
As Pennsylvania real estate investors acquire more experience, hard money lenders like Ridge Street will increase their leverage and require less cash at the closing table.

Get Approved Online

Best Cities To Invest In Real Estate
In Pennsylvania

Pittsburgh

Pittsburgh, PA, offers a robust real estate market with diverse investment opportunities, driven by its growing economy and affordable housing options. Known for its transformation from an industrial center to a hub for healthcare, education, and technology, Pittsburgh attracts a steady influx of young professionals and students. The city’s affordable property prices, coupled with strong rental demand, make it an ideal market for investors focused on single-family rentals and multifamily properties. Additionally, Pittsburgh’s ongoing urban revitalization projects, particularly in neighborhoods like Lawrenceville and the Strip District, present significant opportunities for fix-and-flip investments and long-term growth.

Get a loan in Pittsburgh

Philadelphia

Philadelphia, PA, presents a dynamic real estate market driven by its rich history, diverse economy, and strong rental demand. As the fifth-largest city in the U.S., Philadelphia boasts a thriving healthcare, education, and technology sector, attracting professionals, students, and families. The city’s mix of affordable housing options and rising property values in revitalizing neighborhoods like Fishtown and University City create ample opportunities for investors. With a growing population and significant demand for both rental properties and fix-and-flip projects, Philadelphia offers strong potential for long-term growth and profitability in the real estate market.

Get a loan in Philadelphia

AlleNtown

Allentown, PA, is an emerging real estate market with significant growth potential driven by its strategic location and economic diversification. As the third-largest city in Pennsylvania, Allentown has seen revitalization efforts, particularly in its downtown area, spurred by investments in infrastructure and business development. The city’s affordable housing market, coupled with a steady demand for rental properties from commuters to nearby Philadelphia and New Jersey, creates solid opportunities for investors. With a mix of single-family homes, multifamily units, and fix-and-flip properties available at competitive prices, Allentown offers a promising environment for real estate investors seeking long-term returns.

Get a loan in Allentown

Frequently Asked Hard Money Loan Questions

How do I qualify for a hard money loan in Pennsylvania?

To qualify for a hard money loan in Pennsylvania with Ridge Street you need:

A Credit Score of 640+
A profitable deal with at least a 10% ROI
An LLC or a Corporation Registered In Pennsylvania

What types of properties can I finance with a hard money loan in Pennsylvania?

Ridge Street finances the following property types:

Residential 1-4 Units
Multifamily 5-25 Units
Commercial (Select properties)

What are the interest rates and terms for hard money loans in Pennsylvania?

“Depending on the sponsors experience and credit profile Rates Range from 10.5%-11.5%. Ridge Street’s median rate for a hard money loan on a fix and flip in Pennsylvania is 10.75% interest only with no pre-payment penalty.

How fast can I get a hard money loan in Pennsylvania?

Ridge Street closes hard money loans in as little as 7 business days.

Are there any state-specific regulations for getting a hard money loan in Pennsylvania?

Ridge Street’s hard money loans are business purpose loans. This means that we can only lend to borrowers with entities (LLC or Corp) registered in Pennsylvania.

Can I use a hard money loan to finance a fix and flip in Pennsylvania?

Absolutely. This is the main use of a hard money loan in Pennsylvania.

What is the loan-to-value (LTV) ratio for a hard money loan in Pennsylvania?

There are a number of ratios that Ridge Street uses to determine the Loan Amount. Put simply, for a first time investor we finance up to 80% of the Purchase + 100% of the Rehab. For an experienced investor, we finance up to 90% of the Purchase + 100% of the Rehab.

Can I use a hard money loan to finance a rental property in Pennsylvania?

You can use a hard money loan to purchase and renovate a rental property. You can then refinance with a DSCR Loan. If the property is rent ready at purchase, there is no need for a hard money loan and you can go straight into DSCR financing.

Other Resources You’ll Like

November 10, 2024

Fix and Flip Loans for Beginners: A Comprehensive Guide

Looking for financing on you first and flip project? This our comprehensive guide on fix and flip loans for beginners.

September 6, 2024

What Are Fix To Rent Loans?

Learn why fix to rent and fix & flip loans are virtually the same loan product.

July 9, 2024

DSCR Loan vs Conventional Loan

Key differences between DSCR and conventional loans for real estate investors in concise comparison.

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STARTED

With Ridge Street, obtaining an investment property loan is easier than you think! You can get pre-approved online and a Term Sheet that meets your needs will be sent to you within 1-2 business hours.

Get Approved Online

Hard Money Lenders FLORIDA

Hard Money Lenders Pennsylvania

Why We’re The Best Hard Money Lender In pennsylvania

Competitive Terms

Simple Online Application

Quick Turn Around

Reliable Financing

Pennsylvania Hard Money Loan Products

Pennsylvania Fix and Flip Loan

Pennsylvania DSCR Loan

Pennsylvania Ground Up Construction Loan

Pennsylvania Hard Money Loan process

Apply Or Get Pre-Approved Online

Receive your Term Sheet

Submit Docs

Appraisal or BPO

Closing

Featured Pennsylvania Hard Money Loan

Pennsylvania Deal Summary

What are DSCR Loans used for in Texas?

What are Hard Money Loans Used For In Pennsylvania?

Best Cities To Invest In Real Estate In Pennsylvania

Pittsburgh

Philadelphia

AlleNtown

Frequently Asked Hard Money Loan Questions

How do I qualify for a hard money loan in Pennsylvania?

What types of properties can I finance with a hard money loan in Pennsylvania?

What are the interest rates and terms for hard money loans in Pennsylvania?

How fast can I get a hard money loan in Pennsylvania?

Are there any state-specific regulations for getting a hard money loan in Pennsylvania?

Can I use a hard money loan to finance a fix and flip in Pennsylvania?

What is the loan-to-value (LTV) ratio for a hard money loan in Pennsylvania?

Can I use a hard money loan to finance a rental property in Pennsylvania?

Other Resources You’ll Like

Investor’s Guide To Real Estate Wholetailing

Investor’s Guide To Real Estate Wholetailing

Investor’s Guide To Real Estate Wholetailing

Fix and Flip Loans for Beginners: A Comprehensive Guide

What Are Fix To Rent Loans?

DSCR Loan vs Conventional Loan

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Best Cities To Invest In Real Estate
In Pennsylvania

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