Rates starting at 5.5%
Fix-and-flip hard money loans from $50,000 to $2,000,000 for residential properties (not owner-occupied)
Closing as fast as 15 days
No payments during term of loan
All points can be rolled into the loan
No personal guarantee required
Lend up to 70% ARV (after repair value)
Borrow up to 90% LTC (loan to cost)
Fast and simple application with minimal documentation (no tax returns, no bank statements)
Get prequalified today and find out why NPR calls Groundfloor ‘Innovative” and why USA Today said developers have embraced Groundfloor.
"Closing the gap between the real estate investor and borrower through crowdfunding is what makes Groundfloor innovative"
"“Developers ... have embraced the opportunity. They see it as a viable way to quickly raise cash for a project"
"My first GROUNDFLOOR project, which had 100% equity, was denied funding from a bank and a credit union since I owned the property for less than 6 months; I couldn’t even get a home equity line with my 740+ credit score! Thankfully Groundfloor arrived. The project funded relatively swiftly and the loan underwriting was timely and much smoother than what I’ve experienced at large banks. Loan servicing and post-closing support were also responsive and they were prompt to make payments on any construction draws."
"Groundfloor’s innovative approach to real estate financing is proving to be an effective way for us to keep pace with rising demand in our communities. I was blown away by how quickly and easily we were able to fund a project--it took less than 36 hours on our first deal."
"We will defintely be using Groundfloor again. Groundfloor investors have become a meaningful part of our financing and business strategy. In addition to providing funds for our projects, we blieve that our cost of capital and fundraising timeline will decrease over time."
Finance your next residential real estate project with Groundfloor. Applying for a loan is simple. Complete our online application and see your rate quote in just one click. Once your application is complete and submitted, our Lending Operations Team will connect with you to review your project and discuss details.
Get funding fast. Once approved, we list your loan on our site and alert our community that a new loan is available for investment. Thousands of investors have the opportunity to fund your loan.
When your loan is fully funded by Groundfloor investors, our Lending Operations Team will coordinate closing of the loan.
Access funds efficiently. Submit draw requests throughout the life of the loan. Groundfloor wants your project to succeed and reimburses you for completed works using an efficient draw process. Complete construction with no required monthly payments. Without the burden of monthly interest payments you can focus on completing your project.