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Home/Where We Lend/Virginia/No Appraisal

Hard Money Loans in Virginia With No Appraisal

Yes. RevitaLending is a direct lender in Northern Virginia, and you don’t need an appraisal on our fix & flip, bridge or new construction loans. We set the value ourselves, sometimes with a local real estate broker’s opinion, and we inspect every property before closing.

Apply for a Virginia loan Call or text (202) 595-5472

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Plain answer

What no appraisal means here

No appraisal to order or pay for

On fix & flip, bridge and new construction loans, we don’t order a third-party appraisal, and you don’t pay for one.

We set the value ourselves

We value the property ourselves, sometimes with a local real estate broker’s opinion.

We inspect every property

We inspect every property before closing on fix & flip, bridge and new construction loans. On renovations and builds, draws are funded within 24 to 48 hours of inspection.

DSCR rental loans are different

DSCR rental loans do require an appraisal. They are long-term loans that qualify on the property’s rent.

DSCR Rental Loans →
Loan programs

Virginia loans with no appraisal needed

Fix & Flip

$50K–$2M · 10.49–12.99% · up to 100% of rehab · draws funded within 24 to 48 hours of inspection

Bridge Loans

$50K–$2M · 10.49–12.99% · up to 80% of purchase, 60–65% on a cash-out

New Construction

$250K–$2M · up to 85% of cost and 75% of ARV · draws funded within 24 to 48 hours of inspection

Loan terms

Virginia loan terms at a glance

We’re a direct lender, not a broker, and we fund every loan ourselves with our own private capital.

  • No appraisal needed on fix & flip, bridge and new construction loans. We value and inspect the property ourselves
  • Loans from $50,000 to $2M on fix & flip and bridge, and from $250,000 to $2M on new construction
  • Fix & flip and bridge rates from 10.49% to 12.99%, subject to underwriting
  • Fix & flip: generally up to 80–85% of purchase and 100% of rehab, with the total loan up to 70% of after-repair value (ARV)
  • Up to 100% of purchase and rehab when purchase plus rehab is 65% of ARV or less (loan over $500,000, experienced borrower)
  • Bridge: up to 80% of purchase, 60–65% on a cash-out with a clear exit
  • New construction: up to 85% of cost and 75% of ARV, whichever is lower
  • Fix & flip and bridge 6–12 months, new construction 12–18 months, interest-only
  • Written approval within 24 hours; clean files close in as little as 3 business days
  • Fix & flip and new construction draws funded within 24 to 48 hours of inspection
  • No prepayment penalty on fix & flip, bridge and new construction loans, which carry a 3-month minimum interest
  • No minimum FICO on fix & flip, bridge and new construction loans

Business-purpose loans on non-owner-occupied investment property. Rates, terms and leverage are subject to underwriting and change. Not a commitment to lend.

Where we lend

Virginia localities we serve

We lend in City of Alexandria, Arlington County, City of Fairfax, Fairfax County, City of Falls Church, Fauquier County, Frederick County, City of Fredericksburg, Loudoun County, City of Manassas, City of Manassas Park, Prince William County and Stafford County. We do not lend in Richmond. We lend throughout the Washington DC metro area: Washington DC, Maryland and Northern Virginia. Surrounding neighborhoods are considered case by case.

Virginia county and city guides

City of Alexandria · Arlington County · Fairfax County · Loudoun County · Prince William County · Stafford County · Frederick County · all Virginia areas

Get terms faster

What to send us

  • The property address and purchase price
  • Your rehab or construction budget, line by line if you have it
  • The after-repair value you expect, with comparable sales
  • Your exit: sell, or refinance and hold
  • Your closing date and any completed projects
FAQ

Virginia No-Appraisal Loan Questions

Do you require an appraisal?
You don't need an appraisal on fix & flip, bridge or new construction loans. We set the value ourselves, sometimes with a local real estate broker's opinion, and we inspect every property before closing. DSCR rental loans do require an appraisal.
Will someone inspect the property?
Yes. We inspect every property before closing on fix & flip, bridge and new construction loans.
How do you set the value without an appraisal?
We set the value ourselves, sometimes with a local real estate broker's opinion. On a renovation or build, we size the loan on the purchase price or cost, the budget and the after-repair value (ARV).
What is a BPO?
A broker price opinion (BPO) is a local real estate broker's opinion of what a property is worth, based on comparable sales. We sometimes use one alongside our own valuation, so you don't need to order or pay for an appraisal.
Do DSCR loans need an appraisal?
Yes. DSCR rental loans do require an appraisal. The no-appraisal approach applies only to our fix & flip, bridge and new construction loans.
Where in Virginia do you lend?
We lend in the City of Alexandria, Arlington County, the City of Fairfax, Fairfax County, the City of Falls Church, Fauquier County, Frederick County, the City of Fredericksburg, Loudoun County, the City of Manassas, the City of Manassas Park, Prince William County and Stafford County. We do not lend in Richmond. We lend throughout the Washington DC metro area: Washington DC, Maryland and Northern Virginia. Surrounding neighborhoods are considered case by case.
What are your rates?
Fix & flip and bridge loans, including commercial bridge, generally run from 10.49% to 12.99%, subject to underwriting, with points quoted per deal. DSCR rental loans are priced separately.
How fast can you approve and close?
We issue written approvals within 24 hours. Clean fix & flip, bridge and new construction files can close in as little as 3 business days and commercial bridge loans in 5–10 days, subject to underwriting.
Is there a minimum credit score?
There is no minimum FICO on fix & flip, bridge and new construction loans. We still review credit, and all loans are subject to credit approval.
Are you a lender or a broker?
RevitaLending is a direct lender, not a broker. We fund every loan ourselves, with our own private capital.

More Virginia: Virginia hard money loans · Fix & flip loans · Bridge loans · New construction loans · Virginia fix and flip loans · DC, Maryland and Virginia loans with no appraisal

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