Private & Hard Money Lenders in Portsmouth city, VA
10 lenders funded 73 short-term investment-property loans in Portsmouth city in 2024 at a median rate of 10.95%. Ranked by verified loan volume — not paid placement.
Portsmouth city hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | KIAVI FUNDING, INC. | 37 | 10.95% | 13 |
| 2 | TowneBank | 18 | 8.50% | 7 |
| 3 | Loan Funder LLC | 7 | 10.99% | 4 |
| 4 | Easy Street Capital LLC | 5 | 10.90% | — |
| 5 | LIMA ONE CAPITAL, LLC | 1 | — | 7 |
| 6 | Dominion Financial Services, LLC | 1 | — | 5 |
| 7 | 1ST ADVANTAGE FEDERAL CREDIT U | 1 | — | 1 |
| 8 | American Heritage Lending, LLC | 1 | — | 1 |
| 9 | LendingOne LLC | 1 | — | 1 |
| 10 | RPE Home, Inc | 1 | — | — |
DSCR / long-term rental lenders in Portsmouth 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
10 lenders reported short-term, business-purpose investment loans in Portsmouth city in 2024 verified lending records — 73 loans totaling $13.0M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Portsmouth city's active lenders was 10.95% in 2024, with per-lender medians ranging from 8.50% to 10.99%. 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.