Business Details
We have been serving Virginia borrowers for over 40 years since our founding by Robert K. Harwood, a former Air Force pilot with aerospace and real estate expertise. Our firm operates as a licensed mortgage lender and private portfolio lender in the Commonwealth of Virginia. We specialize in direct lending for business, commercial, and short-term residential loans secured by Virginia real estate equity. Our underwriting adheres to a conservative loan-to-value ratio between 70% and 80% to ensure responsible lending. We offer competitive rates that are substantially lower than typical hard-money lenders while providing faster settlement than conventional banks.
Our construction loans feature draw-schedule disbursements where interest accrues only on advanced funds. We eliminate pre-payment penalties and junk fees, ensuring transparent cost structures for every client. Our licensed loan originator, Kevin Lonergan, works alongside on-site real estate agents to streamline the approval process. We do not require formal appraisals for approval decisions, allowing us to close quickly when time is critical. Our commitment to client satisfaction drives us to tailor loan terms to each unique investment or building scenario. We maintain full regulatory compliance as evidenced by our NMLS ID #395676 and Virginia licensing.
Our construction loans feature draw-schedule disbursements where interest accrues only on advanced funds. We eliminate pre-payment penalties and junk fees, ensuring transparent cost structures for every client. Our licensed loan originator, Kevin Lonergan, works alongside on-site real estate agents to streamline the approval process. We do not require formal appraisals for approval decisions, allowing us to close quickly when time is critical. Our commitment to client satisfaction drives us to tailor loan terms to each unique investment or building scenario. We maintain full regulatory compliance as evidenced by our NMLS ID #395676 and Virginia licensing.
Highlights and features
- We have over 40 years of Virginia lending experience.
- Our firm holds NMLS license #395676 for regulatory compliance.
- We charge zero pre-payment penalties or hidden junk fees.
- Our underwriting caps loan-to-value at 80% maximum.
- We settle loans rapidly without requiring formal appraisals.
Services
Business and Commercial Loans
We provide direct business and commercial loans secured by Virginia real estate equity for investors and builders purchasing distressed properties. Our private portfolio model offers competitive rates below hard-money lenders with loan-to-value ratios between 70% and 80%. Borrowers benefit from rapid settlement without formal appraisals or pre-payment penalties.
Short Term Residential Loans
We offer short-term bridge loans of one year or less secured by primary residences for Virginia homeowners needing immediate financing. Licensed loan originator Kevin Lonergan structures terms with no pre-payment penalties and no junk fees. Our equity-based underwriting allows quick closing without formal appraisal requirements.
Construction Loans
We fund construction projects through draw-schedule advances where interest accrues only on disbursed amounts applied to building costs. This structure minimizes carrying costs for Virginia builders and renovators during the construction phase. Loans close quickly without formal appraisals and carry no pre-payment penalties.
