Pimlico Capital is a direct hard money lender offering 6–18 month bridge loans starting at 9.95%.* Asset-based underwriting, no income verification, fast closings.
We also call these bridge loans — same product, same team.
Skip the forms. Send us your property and numbers. Our team reviews every deal personally and gets back to you with terms within one business day.
No obligation · Free to submit
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 we close in days, not months.
As a direct lender, we control our own capital, so decisions are fast, documents are minimal, and rehab draws are disbursed within one business day of approval. Loans go up to 70% LTV with 100% of rehab costs funded.
| 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 | 660 |
| Property Types | 1–4 unit residential, multifamily, mixed-use commercial |
| Draw Funding | Often same business day |
| Close Time | Typically within 5 business days |
| Prepay Penalty | None |
Hard money is short-term financing secured by real estate rather than the borrower's personal income or W-2 history. The underwriting focuses on the asset — its current value, the rehab plan, and the after-repair value — which is why investors use it when speed and certainty of close matter more than the lowest possible 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. 660 FICO minimum is the only credit gate.
Conventional lenders won't finance a property that needs work. Hard money funds the acquisition and 100% of the rehab budget through a draw schedule so the asset can be brought to market or refinanced.
We fund 100% of your approved rehab budget through a flexible draw schedule, with draws often disbursed the same business day they're approved.
Before closing, we review your rehab budget and agree on a draw schedule based on project milestones.
Complete a phase of the rehab, then submit a draw request through your borrower portal with photos.
Approved draws are often funded the same business day, keeping your project moving without delays.
"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."