★★★★★
"Approved and settled in less than two weeks. The draw process was seamless. Funds hit the next business day every time."
Hard money loans and bridge loans are the same product at Pimlico Capital: same team, same underwriting, same draw process. Some investors prefer one term, some prefer the other. Either way, you're in the right place.
Full requirements: hard money · fix-and-flip
Pimlico Capital's hard money loans are bridge loans: short-term, asset-based financing for investors who need to move on a deal without waiting for conventional underwriting. We qualify the property, not your tax returns, and close in days, not months.
As a direct lender, we control our own capital, so decisions are fast and documents are minimal. No income verification, no W-2s. The full terms are on the right.
| Hard Money Loan Terms | |
|---|---|
| Interest Rate | Starting at 9.95%* |
| Max LTV | Up to 70% LTV |
| Rehab Funding | 100% of rehab costs |
| Loan Amount | $75,000 – $3,000,000 |
| Loan Term | 6 – 18 months |
| Minimum FICO | 600 |
| Property Types | 1–4 unit residential, multifamily, mixed-use commercial |
| Draw Funding | Same business day |
| Close Time | About 5 business days |
| Prepay Penalty | None |
Hard money is short-term financing secured by the property, not your income or W-2. We underwrite the asset, so investors use it when speed and certainty of close matter more than the lowest rate.
Auctions, off-market wholesale deals, and motivated sellers don't wait 45 days for a conventional underwriter. A hard money close in 5 business days wins the deal.
No tax returns, no W-2s, no DTI calculations. We underwrite the property's value, the rehab scope, and the exit, not your day job. 600 FICO minimum is the only credit gate.
Conventional lenders won't touch a property that needs work. We fund the acquisition plus 100% of the rehab on a draw schedule, so you can renovate, stabilize, and refinance into long-term financing.
We fund 100% of your approved rehab budget through a flexible draw schedule, with draws disbursed the same business day they're approved.
Before closing, our in-house project manager reviews your rehab budget with you and builds a draw schedule around your project's milestones and timeline.
Complete a phase of the rehab, then submit a draw request through your borrower portal with photos.
Approved draws are funded the same business day, keeping your project moving without delays.
Pimlico Capital is headquartered in Baltimore. We have funded thousands of deals across the Mid-Atlantic, and our team knows these markets the way most lenders only pretend to.
From Baltimore City rowhouses to Montgomery County teardowns, we close hard money loans across every Maryland market. We understand ground rents, Section 8 tenants, and Baltimore's specific title requirements, because we've closed hundreds of deals here.
View our Maryland lending page →The DC Metro is one of the most competitive investment markets on the East Coast. Sellers and auction companies won't wait for conventional underwriting. Our 5-business-day close is built for that environment.
We also lend in Pennsylvania, New Jersey, Delaware, New York, Georgia, Florida, the Carolinas, Indiana, and Alabama.
See all states we lend in →Not sure how much you'll qualify for? Try our Deal Sizer → Planning to hold the property long-term? You can refinance into a 30-year DSCR rental loan → See real deals we funded: a full BRRRR on a DC townhouse and a $112K Baltimore row-home flip.
"Approved and settled in less than two weeks. The draw process was seamless. Funds hit the next business day every time."
"I closed 2 properties with Pimlico. Smooth, simple, and the easiest lender I've ever worked with. A+++++"
"Best hard money lender I've worked with. Extremely easy to use, receptive, and competitive."
"I had a deal fall through 5 days before closing with another lender. Called Pimlico Tuesday, had a term sheet Wednesday, closed the following Monday."
"As a broker I've sent 20+ clients to Pimlico over two years. Never a blown closing, never a surprise condition. They communicate better than most banks."
"Pimlico is the only lender I trust with my time-sensitive deals. When I need to move fast, they move fast. No other private lender comes close."
Deal math, exit strategy, and rehab know-how from the team that funds these projects every day.
Your exit matters as much as your entry. Here’s how to pick the right bridge-loan exit before you even close.
Both have their place. We break down the tradeoffs so you can choose the right financing for your next investment property.
Investors used to default to local banks. Post-2008, banks pulled back from investor lending, and hard-money lenders filled the gap. Here's why that matters.
Every first flip goes over budget. Here’s how to scope, estimate, and reserve capital so you don’t run out of cash mid-project.
Before you make an offer, make sure the numbers work. Here’s the exact formula professional flippers use to price every deal.
55+ articles on DSCR, bridge loans, fix-and-flip, BRRRR, and more.