Private & Hard Money Lenders in Richmond city, VA
19 lenders funded 114 short-term investment-property loans in Richmond city in 2024 at a median rate of 11.25%. Ranked by verified loan volume — not paid placement.
Richmond city hard money lenders by 2024 loan count
| # | Lender | Hard money loans | Median rate | DSCR loans |
|---|---|---|---|---|
| 1 | KIAVI FUNDING, INC. | 73 | 10.50% | 9 |
| 2 | Strategic Funding, LP | 8 | 13.50% | — |
| 3 | LIMA ONE CAPITAL, LLC | 5 | 11.30% | 6 |
| 4 | Loan Funder LLC | 5 | 11.25% | 6 |
| 5 | Virginia Federal Credit Union | 4 | 9.50% | 18 |
| 6 | Village Bank | 4 | 9.50% | 1 |
| 7 | UNITED BANK | 2 | — | 7 |
| 8 | RPE Home, Inc | 2 | — | — |
| 9 | Atlantic Union Bank | 1 | — | 9 |
| 10 | TowneBank | 1 | — | 8 |
| 11 | LendingOne LLC | 1 | — | 5 |
| 12 | Dominion Financial Services, LLC | 1 | — | 4 |
| 13 | JPMorgan Chase Bank, NA | 1 | — | 2 |
| 14 | SouthState Bank, N.A. | 1 | — | 2 |
| 15 | American Heritage Lending, LLC | 1 | — | 1 |
| 16 | BENCHMARK COMMUNITY BANK | 1 | — | 1 |
| 17 | Easy Street Capital LLC | 1 | — | — |
| 18 | Old Dominion National Bank | 1 | — | — |
| 19 | RF Renovo Management Company, LLC | 1 | — | — |
DSCR / long-term rental lenders in Richmond 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
19 lenders reported short-term, business-purpose investment loans in Richmond city in 2024 verified lending records — 114 loans totaling $223.3M. Smaller local lenders below public reporting thresholds may also operate here.
The median note rate across Richmond city's active lenders was 11.25% in 2024, with per-lender medians ranging from 9.50% to 13.50%. 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.