Harrisburg Hard Money Lender

Harrisburg Hard Money Lender

In the Harrisburg real estate market, grabbing properties before your competition is essential for making the best deals. Although real estate investors sometimes go the traditional route and seek bank loans, the process is anything but speedy.

When time is of the essence, waiting for the lengthy process of getting approval is not an option for most investors. Harrisburg hard money lenders specialize in providing hard money loans which provide quick funds to investors. These loans are for a non owner occupied property or in some cases for business purpose loans.

Harrisburg Hard Money Lender FAQ’S

Below are some of the most frequently asked questions we get regarding hard money loans and lenders in Harrisburg.

What Do Harrisburg Hard Money Lenders Specialize in?

Harrisburg hard money lenders specialize in providing short-term, creative financing for real estate investors. If you seek a conventional lender to purchase an investment property, your loan request will be based on the property’s value and your assets. Your credit score, job, and finances will be scrutinized intensely.  Hard money lenders base their final loan decisions on the after-repair value. The ARV represents the potential value of a property after all repairs have been accomplished.

What are the Benefits of Harrisburg Hard Money Loans?

Harrisburg hard money loans offer advantages that traditional banks cannot. Lenders like Acamnet Financial offer a higher level of flexibility than banks.  When qualifying for this type of loan, lenders do not delve too deeply into the finances of real estate investors. In most cases, simply present the property and your plans, which saves you the hassle of gathering countless financial documents.

Do Harrisburg Hard Money Lenders Look at my Credit Score?

One of the greatest benefits of working with Harrisburg hard money lenders is the lack of credit score requirements. One of the first things a bank does is check your credit score.  You can get approved for a hard money loan in Harrisburg even if you have bad credit or poor credit, bankruptcies, and foreclosures in the past. Harrisburg Hard money lenders primarily care about the property you are purchasing.

What is the Interest Rate & Points for Hard Money Loans in Harrisburg?

Interest rates for hard money loans in Harrisburg are typically higher than traditional bank loans (conventional loans) because of the greater risk lenders must take on when approving loans. When searching for a hard money lender near me in Harrisburg, you will find average interest rate is between 8%-15%.  You should also be aware that lenders sometimes charge points that are meant to offset their administrative costs. Each point represents 1% of the total loan amount.  The average points lenders charge is between 1 to 3. Some lenders may charge up to 10 points. These points are due upfront or at closing, depending on the lender.

What Should I Look for in a Harrisburg Hard Money Lender?

There are many benefits to working with a Harrisburg hard money lender.  You just need to make sure you are working with the right lender.  You can rely on Acamnet Financial Group when you need us most.  We offer reliability, consistency, experience, and support.  As a real estate investor, you know the importance of grabbing the best property deals when they become available.

How can Hard Money Lenders in Harrisburg Help Me?

Whether you are new to real estate and real estate projects or an old pro, you know having the capital to purchase real estate is essential. Without funds, you will miss out on real estate transactions.  When you partner with hard money lenders in Harrisburg, you will quickly get the money you need without jumping through the hoops of traditional bank lenders.

How do I get a Hard Money Loan in Harrisburg?

When you want a hard money loan in Harrisburg, begin by preparing the property information. Location, size, purchase price, after repair value, repair costs, etc.  In most cases, the financing will be based on these numbers.  Then, apply for a hard money loan in Harrisburg using this information and supply some financial information.  Then, an appraisal will be ordered to assess the loan-to-value ratio, which will influence the loan amount.

How do I Refinance a Harrisburg Hard Money Loan?

Refinance a Harrisburg hard money loan will involve moving from a high interest, short term loan to a longer term, usually lower interest rate loan. Typically a conventional type of loan.  When refinancing a Harrisburg hard money loan you will find it will have a more stringent set of guidelines.  You will need to have sufficient credit and income qualifications.  As the lending landscaping and regulations constantly change, you want to consult a knowledgeable conventional loan expert.

Here’s other cites we can help with in Pennsylvania: Pennsylvania hard money loans

Current Real Estate Trends In Harrisburg (2024)

The real estate market in Harrisburg, Pennsylvania is showing signs of improvement in terms of property values and investment opportunities. The median listing price for homes in Harrisburg is $115,000, which has gone up by 7.5% year-over-year.

This market is a seller’s market, with a sale-to-list price ratio of 100%, showing that properties are being sold close to their asking prices. Additionally, properties are being sold quickly, with an average time on the market of 28 days.

One-bedroom and three-bedroom properties have also seen a rise in price, increasing by 10.1% and 16.3% respectively.

There are also potential new projects on the horizon, such as townhome and apartment complexes, that could bring even more investment and activity to the area.

All of these factors combined make Harrisburg a great place to invest in real estate and have the potential to bring even more growth in the future.

Housing Market Overview

The Harrisburg real estate market is going through a growth period with stability. Home values have increased by 7.8% in the last year, with an average price of $230,687.

This trend is attractive to buyers and investors who are looking to purchase or invest in the area, and could mean good returns for sellers.

The sale-to-list price ratio is an indication of the dynamics of the Harrisburg housing market, and will be explored in the next section.

Sale-to-List Price Ratio

The sale-to-list price ratio in the housing market of Harrisburg gives a sign of the level of demand and competition among purchasers, demonstrating the haggling mechanics between purchasers and vendors.

In Harrisburg, the sale-to-list price ratio is 100%, showing that homes are selling for about the asking price on normal. This proposes that vendors have the higher ground in haggling, as purchasers are eager to meet their asking prices. It likewise flags a balanced market, where there are around equivalent quantities of purchasers and vendors.

Homes in Harrisburg sell after a normal of 28 days available to be purchased, which has somewhat decreased contrasted with a year ago. This information suggests that the present housing market in Harrisburg is beneficial for vendors, featuring a seller’s market status.

Presently, how about we investigate the purchaser’s market status in Harrisburg.

Buyer’s Market Status

In Harrisburg, the buyer’s market provides buyers with many benefits.

There is a higher supply of homes in comparison to demand, allowing buyers to find affordable options and have more leverage when negotiating.

The sale-to-list price ratio is 100%, suggesting that homes are selling for close to the asking price.

The median days on market has decreased, demonstrating that homes are moving quickly.

All of these factors point to a favorable environment for buyers, who can take advantage of the current market conditions to find a great deal on a home.



All About Harrisburg

Harrisburg has a long and storied past, having been founded in 1785 and serving as the capital of Pennsylvania since 1812. It has seen many key moments in American history, such as the Westward Migration, the American Civil War, and the Industrial Revolution.

It also has a stable economy, thanks to the government agencies and industries such as heavy manufacturing, agriculture, and food services located there.

Harrisburg offers plenty of events and attractions that draw people from far and wide, such as the Great American Outdoor Show and the Pennsylvania Farm Show.

Being located near major cities like Allentown and Philadelphia only adds to its appeal.


Dive into the captivating history of Harrisburg to discover the narrative of its establishment, involvement in significant episodes such as the Westward Migration and the Civil War, and its evolution during the Industrial Revolution.

Harrisburg was founded in 1785 by John Harris, Jr. and was surveyed by William Maclay at the beginning of that year. In 1791, Harrisburg became a municipality and from October 1812, it has been the state capital of Pennsylvania.

Throughout its past, Harrisburg has been essential in fashioning America. It served as a major stop on the Westward Migration, offering a resting place and intersection for Native American traders. During the American Civil War, Harrisburg became an essential training ground for the Union Army and witnessed clashes as Confederate forces tried to move north.

Harrisburg’s transformation during the Industrial Revolution was spurred by industries such as steel, iron, and railways. Harrisburg became a hub for the steel industry, with the Pennsylvania Steel Company opening in close by Steelton in 1866. The city’s rail yard experienced rapid growth, with the Pennsylvania Railroad, Northern Central Railroad, Lebanon Valley Railroad, and Philadelphia and Reading Railroad all playing fundamental roles in connecting Harrisburg to other parts of the country.

Harrisburg’s history has shaped its present, with its financial stability today attributed to its high concentration of state and federal government agencies. In the following section, you’ll explore how these elements have affected Harrisburg’s development and growth.


Harrisburg, the capital of Pennsylvania, is home to a diverse range of industries, making it a vibrant hub of economic activity and opportunity. Government agencies provide a stable base for the economy, while heavy manufacturing, agriculture, and food services add to the city’s economic stability.

The city’s industrialization began with the construction of the Pennsylvania Canal and Pennsylvania Railroad, leading to the growth of manufacturing, especially in the steel and iron industries. Its agricultural sector also adds to the economy, hosting the largest indoor agriculture exposition in the US, which draws visitors from across the nation.

The combination of economic stability, rich history, and cultural significance make Harrisburg an attractive destination for residents and visitors. From government to agriculture, Harrisburg’s economy is diverse and resilient, providing a wide range of experiences and opportunities for everyone.

Events and Attractions

Experience the thrill and amazement of Harrisburg’s annual Great American Outdoor Show, the world’s largest outdoor show of its kind. Held in Harrisburg each year, this event is an essential visit for outdoor lovers from all over the country. With over 1,100 exhibitors featuring the newest gear, equipment, and products for hunting, fishing, and outdoor recreation, there is something for everyone to enjoy.

The Great American Outdoor Show offers a variety of activities and attractions for guests of all ages. Seminars and demos from industry professionals, interactive displays and outdoor competitions, you will have the chance to learn, try new things, and meet other outdoor addicts. Whether you’re a pro hunter or angler or just starting out, this show provides a one-of-a-kind and immersive experience that celebrates the great outdoors.

But the attractions in Harrisburg do not end there. The city is also home to many cultural offerings, historical monuments, and natural beauty. As you explore Harrisburg, you can check out the State Capitol building, take a peaceful walk along the breathtaking Susquehanna Riverfront, or explore the city’s remarkable history at the National Civil War Museum.

Native American History

Immerse yourself in the rich Native American history that shaped the land that is now Harrisburg and discover the untold stories of the people who once inhabited these sacred grounds. Evidence of Native American habitation of this area along the Susquehanna River dates back as far as 3000 BC.

This spot was a resting place and a key intersection for traders, connecting the Delaware and Ohio rivers as well as the Potomac and Upper Susquehanna. It was in 1608 that Captain John Smith made contact with Pennsylvania’s Native Americans.

The Native American name for the area was Peixtin or Paxtang, which reflects the significance of this land to their culture and history. These indigenous people lived in harmony with nature, using the river and forests for their sustenance and livelihoods.

Exploring Harrisburg’s Native American history can give you a greater understanding of the cultural heritage that remains in this vibrant city. The tribes that once called this area home are a fundamental part of its identity.


During the eighteenth and nineteenth centuries, Harrisburg saw huge changes that transformed it into the city we know today. In the nineteenth century, it became known for the steel and railroad industries. The first steel mill in the United States, the Pennsylvania Steel Company, opened in Steelton in 1866 and provided a big economic boost. Steelton was turned into a company town with many steel mills and foundries.

Railroads were also an important part of Harrisburg’s development. Its rail yard went through a lot of expansion and improvements. The Pennsylvania Railroad was the largest rail line and extended across the state. The Northern Central Railroad connected to the anthracite coal mines in the Allegheny Mountains, while the Lebanon Valley Railroad ran east to Philadelphia with branch lines to New York City. The Philadelphia and Reading Railroad had services to Philadelphia and other eastern locations.

Suburban areas also began to emerge in the late nineteenth century. Allison Hill was the first suburb and people with money had the chance to live close to the city but in a suburban area. Mount Pleasant in Allison Hill had large houses in the Colonial Revival style. The State Street Bridge and Market Street Bridge gave easy access to Allison Hill.

Industries, railroads, and suburban areas in the eighteenth and nineteenth centuries shaped Harrisburg into what it is today.