Given that our private money loans are based on the value of an investment property rather than the borrower’s credit, we can fund deals for borrowers who are unable to get conventional financing due to a recent foreclosure or short sale. Even with tarnished credit, a borrower can obtain a hard money loan using the value of the investment property as collateral. This makes hard money funding a great option for anyone from beginner investors with a limited credit history to experienced investors looking to free up liquidity and scale their business.

Dominion funds hard money loans on single family, multi-family, and mixed-use fix and flip investment properties. Our private money loan programs don’t stop there; if you’re looking for a loan on new construction, we can provide quick financing for both the acquisition and construction of a new residential property or tear down project.

The hard money interest rates on an asset based hard money loan are usually higher than those of conventional mortgages. Average hard money loan interest rates for investing range anywhere from 9%-15%, and Dominion competitive loan programs offer qualified investors some of the best rates in the industry. Hard money lenders typically charge higher interest rates due to the greater risk associated with these loans, and the incredible speed in which they are able to process and fund transactions. Hard money loans are a very strong tool for investors who need to move quickly. These short term (usually 12 months) loans are the perfect opportunity to aid any investor in developing their success.