5 Best Hard Money Lenders for Experienced Investors in 2024

Fast Funding for Your Real Estate Deals

When you need financing to move quickly on a real estate deal, a hard money lender can be the perfect solution, offering swift and simple funding to propel you forward. But with so many options, selecting the ideal partner is crucial for a pro investor.

Here are our top hard money lenders for 2024, catering to real estate entrepreneurs who have done at least one deal—acknowledged for their trustability, flexibility, competitive rates for experienced borrowers, and fix & flip expertise.

What to Consider When Choosing a Hard Money Lender

-Speed: Hard money lenders are known for their fast funding and draw payments—but some are even faster than others. Consider how quickly you need to act. Sometimes speed is everything.

-Loan Flexibility: Experienced investors often require loan structures that adapt to their strategies. Look for lenders with customizable loan terms and the ability to handle complex projects.

-Competitive Rates: Your proven track record should be rewarded. Target lenders who offer attractive rates based on your experience and portfolio strength.

-Investor-Centric Expertise: A good long term lending partner will be transparent, communicative, and helpful throughout the loan process, with a deep understanding of your investment area.

Without further ado, here are our Top 5 Hard Money Lenders in 2024:

1. Backflip

Yes, that’s us. We are proud to say that we are among the nation’s best hard money lenders, with an earned reputation for speed (including virtual draws) and for personalized service: We take the time to understand your goals and then craft loan solutions that optimize your strategies and your terms.

2. Kiavi

Kiavi is the biggest for a reason, offering a comprehensive suite of loan options for experienced investors at competitive rates—as long as you’re looking for a portal rather than a partner. Just remember, a portal won’t necessarily get you to the closing table.

3. AMZA Capital

Specializing in large loans and high-volume investors, AMZA’s strengths are quick closes on complex projects and competitive rates for borrowers with a strong track record. Be aware, however, that the organization is not BBB accredited.

4. RCN Capital

Experience unlocks rates at RCN Capital. Their focus on repeat investors can translate to lower interest rates and loan terms tailored to expertise. Their downside is draws: You have to wait for an inspector to come out before each draw, at $200 per visit.

5. Express Capital Financing

If variety is key, Express Capital Financing boasts a diverse range of loan products, allowing you to find a good fit for your acquisition, rehab, or refinance project.

The Takeaway

Hard money lenders separate the real real estate investors from the HGTV fans. When you are ready to leverage the power of hard money lenders to scale your business, remember, competitive rates are nice, but you’re on the look-out for a partner, so focus on those who prioritize trust, flexibility, and investor-centric expertise. Due diligence is crucial. Don’t forget to research each lender’s track record, and even hop on a call with some of them to find the fit. 

Good luck!