Private & Hard Money Lenders in Norfolk city, VA
17 lenders funded 114 short-term investment-property loans in Norfolk city in 2024 at a median rate of 10.90%. Ranked by verified loan volume — not paid placement.
Norfolk city hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | KIAVI FUNDING, INC. | 55 | 10.95% | 12 |
| 2 | TowneBank | 29 | 8.50% | 11 |
| 3 | Easy Street Capital LLC | 7 | 10.90% | — |
| 4 | LendingOne LLC | 5 | 10.49% | 12 |
| 5 | Loan Funder LLC | 4 | 11.25% | 5 |
| 6 | 1ST ADVANTAGE FEDERAL CREDIT U | 2 | — | 4 |
| 7 | Conventus Lending LLC | 2 | — | 2 |
| 8 | BayPort Credit Union | 1 | — | 20 |
| 9 | Southern Bank and Trust Company | 1 | — | 4 |
| 10 | Dominion Financial Services, LLC | 1 | — | 3 |
| 11 | LIMA ONE CAPITAL, LLC | 1 | — | 1 |
| 12 | SERVISFIRST BANK | 1 | — | 1 |
| 13 | Armed Forces Bank, N.A. | 1 | — | — |
| 14 | City National Bank of WV | 1 | — | — |
| 15 | LANGLEY FEDERAL CREDIT UNION | 1 | — | — |
| 16 | Pen Air Credit Union | 1 | — | — |
| 17 | RPE Home, Inc | 1 | — | — |
DSCR / long-term rental lenders in Norfolk city
These lenders reported only longer-term (>36 month) business-purpose rental loans here in 2024— a different product from hard money, listed separately so the two aren't conflated.
Frequently asked questions
17 lenders reported short-term, business-purpose investment loans in Norfolk city in 2024 verified lending records — 114 loans totaling $24.1M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Norfolk city's active lenders was 10.90% in 2024, with per-lender medians ranging from 8.50% to 11.25%. Hard money runs well above conventional mortgage rates because loans are short, asset-based, and close fast.
Verified public lending records for 2024. We count originated, business-purpose loans on investment properties with terms of 36 months or less — the bridge and fix-and-flip products hard money lenders make. Rankings reflect verified loan counts, never paid placement.