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Hard Money Loans in Lexington, KY: The Short Answer
HardMoney Company makes short-term, asset-based real estate loans to investors in Lexington and the surrounding Bluegrass region. We fund fix-and-flip projects, rehabs, bridge loans, rental purchases, small multi-family buildings and commercial property. Loans are based mainly on the property and your plan for it, not on bank-style income and credit underwriting, so most deals close within 5–7 business days.
Kentucky is where HardMoney Company started. Our founders, Gus Goldsmith and Jerry Bouchard, first concentrated the business in Kentucky, Indiana and Ohio before expanding to the Mid-Atlantic and South Florida. Lexington borrowers still deal directly with the owners.
What Types of Hard Money Loans Do We Offer in Lexington?
Whether you’re exploring residential fix-and-flip projects or exciting commercial real estate ventures, HardMoney Company is your trusted partner dedicated to getting you quick loans and driving your success.
You’ll work directly with experienced hard money lenders in Lexington, KY who know the local market inside and out—its trends, opportunities, and unique challenges—so we can craft a loan that’s tailored to your exact investment goals. We provide fast, flexible, innovative financing solutions that bypass the delays and rigid requirements often encountered when working with traditional banking options. Our streamlined, investor-focused process is designed for speed and efficiency, allowing you to secure funding in as little as 7 days.
At HardMoney Company, we prioritize communication and adaptability, ensuring you have the support you need to seize financing opportunities quickly, overcome project challenges, and maximize returns in today’s fast-paced real estate market.
Discover our range of hard money loan options for Lexington, Kentucky:
HardMoney Company leverages its extensive expertise to support a wide range of real estate projects throughout Lexington, KY, and surrounding areas. Whether your focus is residential or commercial real estate, our hard money loans are designed to fit a wide range of property types. Here are some of the most common hard money loans we offer:
- Commercial Loan
- Rehab Loans
- Fix and Flip Loans
- Bridge Loans
- Multi-Family Loan
- Rental Property Loans
- And more!
*subject to restrictions
Hard Money Loan Amounts We Offer in Lexington, KY
At HardMoney Company, we’re dedicated to turning your real estate dreams into reality. We offer loan amounts ranging from $150,000 to $5,000,000, designed to support projects of all sizes, from residential fix-and-flips to large-scale commercial developments. If your project falls outside this range, our team is ready to collaborate with you to create customized financing solutions that meet your specific needs. With our flexible approach and private capital resources, we’ll make sure you get the funding you need to succeed—without the hassle of traditional lenders.
Deal Directly with the Owners
At HardMoney Company, we’re a family-owned business passionate about building lasting partnerships with our clients. Here’s what sets us apart:
- Direct access to decision-makers – Work with our owners from day one, without layers of middlemen. You’ll collaborate directly with our company leaders
- Personal, face-to-face service – Meet our dedicated team in person for a relationship built on trust.
- True transparency – We believe the best business starts with honesty, clear communication, and a handshake.
- Tailored guidance – Every client gets one-on-one attention to ensure the right funding for their goals.
We’re here to help you jump quickly on real estate opportunities with fast, flexible hard money loans customized to your personal goals. Whether you’re interested in a residential fix-and-flip or a large-scale commercial project, our loan expertise and resources will give you the edge in Lexington’s thriving, fast-paced real estate market.
As a premier private lender serving investors from Kentucky to the Mid-Atlantic and South Florida, HardMoney Company delivers competitive rates, quick closings, and flexible credit options on loans from $150,000 to $5,000,000. More than just financing, we offer a true partnership focused on your success.
Ready to move on your next deal? Apply now and let’s make it happen together!
Lexington Hard Money Loans at a Glance
| Loan amounts | $150,000 to $5,000,000 |
| Interest rates | Typically 9%–15%, depending on property type, location and loan-to-value |
| Points | 1–5 |
| Term | 1–2 years |
| Time to close | Most deals close in 5–7 business days |
| Cash from borrower | 1%–20%, based on the deal’s strength and your track record. Refinance and cash-out deals often require none |
| Credit | All credit types and income levels accepted. Credit is rarely the reason we decline a loan |
| Experience | No previous investment experience required |
| Up-front fees | None. A good faith deposit is due only after a loan commitment and is credited toward closing costs |
How Lexington Investors Use Our Loans
Lexington’s rental market is shaped by the University of Kentucky, and the wider Bluegrass economy by employers like the Toyota plant in nearby Georgetown. These are some of the deals we finance most often in the area:
- Rentals near UK’s campus. Investors buy and add rental units close to the University of Kentucky, where student and staff demand keeps housing in use. Our rental property loans and bridge loans fund the purchase while you stabilize the property and line up long-term financing.
- Renovations in established neighborhoods. Larger rehabs in established areas such as Chevy Chase are a common mid-range loan for us. Rehab loans and fix-and-flip loans can cover the purchase and, on many deals, the renovation costs, so more of your own capital stays available for the next project.
- Duplexes and fourplexes. Small multi-family properties are a natural step up from single-family rentals.
- Bluegrass-area towns. We also lend in nearby markets such as Georgetown, Nicholasville and Richmond, where university and manufacturing jobs keep rental demand strong.
- Small commercial property. Shopping strips, office parks and mixed-use buildings can be financed with a commercial hard money loan when a bank can’t move fast enough.
Property Types We Finance in Lexington
- Single-family homes
- Townhomes
- Multi-unit properties
- Apartment complexes and condos
- Commercial shopping strips
- Office parks
- Land (strict restrictions apply)
How We Evaluate a Lexington Loan Request
HardMoney Company is self-funded, and every request is reviewed individually by the people who make the decision. We don’t run your deal through a rigid checklist. We look at five things:
- The property. Its address, its physical structure and its condition. As part of the process, we meet with you at the property to discuss your goals.
- Your financial commitment. Putting your own cash into the deal strengthens the request.
- The as-is value. Loans are typically based on what the property is worth today, which keeps each loan grounded in current equity.
- Your credit and income. We review both to make sure you don’t over-extend yourself, not to find a reason to say no. Prior bankruptcy is usually not a problem.
- Your history with us. Returning borrowers with a strong track record can hold more than one loan at a time, and extension requests are considered based on loan history.
From Application to Closing
- Tell us about the deal: the property address, purchase price and your plans for it.
- Complete the online application.
- Phone consultation: we discuss our initial thoughts with you.
- Commitment letter and site visit: if we agree with your analysis, you receive a commitment letter, and we meet you at the property.
- Appraisal and good faith deposit: we order the appraisal, and once both sides agree in principle, the deposit is credited toward closing costs.
- Settlement: we re-verify the details of the loan and schedule the closing.
Title work is usually the only thing that slows a closing down. Our fastest closing came 24 hours after we met the client at his property.
Who You’ll Work With
Your Lexington loan is handled by senior executives and company owners, not a call center:
- Gus Goldsmith, Owner and Partner
- Jerry Bouchard, Owner and Partner
- Steve Stoney, Senior Loan Officer
- Tiffany Goldsmith, Loan Officer / Processing
Gus and Jerry have been partners for more than 25 years. They have run businesses together since 1988 and sold earlier consumer finance companies to large publicly held corporations. HardMoney Company has grown to a $100 million company. We work with experienced, fully licensed attorneys and title companies, and references are available on request.
Lexington Hard Money Loan FAQs
Do you lend outside Lexington?
Yes. We lend across the Bluegrass region, including Georgetown, Nicholasville and Richmond, and throughout Kentucky. Properties in rural areas and small towns are reviewed case by case based on value, condition, and resale or rental potential. See our Kentucky hard money loans page, or our Louisville page if you’re investing in Louisville.
How fast can you close a Lexington deal?
Most deals close within 5–7 business days. Title reports and title issues are usually what decides the timeline.
Can I get a loan if I’ve never flipped a house?
Yes. No previous investment experience is required. We focus on the property and the strength of the deal.
Is my credit score a problem?
Rarely. We accept all types of credit and income, and past credit issues, including prior bankruptcy, usually don’t stop a loan.
How much money do I need to bring?
Usually 1% to 20%, depending on the deal and your history with us. Refinance and cash-out deals often require no cash.
Do you make second mortgage loans?
Yes, after a careful review of the first mortgage and the property’s equity.
Can you provide proof of funds for my offer?
Yes, once you’ve completed an application.
Have a Lexington property under contract or in your sights? Apply now or call 502-262-2067 to talk directly with the owners.