Chesapeake, VA’s Trusted Hard Money Lender for Real Estate Investors

Real estate investors in Chesapeake know that speed and reliability often determine the success of a project. When a promising property hits the market, waiting 30 to 45 days for a traditional bank to approve financing usually means losing the deal to a faster competitor. Unitas Funding provides the speed you need with hard money loans designed specifically for business entities and professional investors. As a direct hard money lender in Chesapeake with institutional backing, we offer the stability of a large financial partner combined with the agility of a local private money lender.

Our team understands the local Chesapeake market and the unique needs of Virginia investors. We specialize in asset based lending, which means we focus on the value of the property and the strength of the deal rather than your personal income. Whether you are executing a quick flip in Great Bridge or building a rental portfolio in Deep Creek, our hard money lending process is streamlined to get you to the closing table in as few as 10 business days. We provide the capital you need to secure profitable investments without the red tape of conventional financing.

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Fast, Reliable Capital for Your Next Real Estate Deal

Unitas Funding delivers short-term real estate financing that helps you capture opportunities immediately. We have funded over 4,700 loans nationwide, backed by more than $4.5 billion in capital experience. This deep industry knowledge allows us to offer private loans for Chesapeake real estate investors that are both flexible and dependable. You get a partner who understands your strategy, whether you are fixing and flipping or holding for long-term cash flow.

Fix & Flip Loans

Fix & Flip Loans

Our fix and flip loan program gives investors the leverage they need to purchase and renovate distressed properties efficiently. Our Chesapeake hard money lenders base our underwriting on the after repair value (ARV) of the project, allowing you to cover up to 90% of the purchase price and 100% of the renovation costs. This fix & flip financing structure preserves your liquidity so you can manage multiple projects at once. With terms ranging from 12 to 24 months, you have ample time to complete renovations and sell for a profit.

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New Construction Loans

New Construction Loans

For developers building from the ground up, our new construction funding provides a reliable path from breaking ground to the final certificate of occupancy. We offer ground up construction lending for single-family homes and multi-unit residential projects in Chesapeake. Our process includes a clear draw schedule that keeps your project moving without unnecessary delays. We understand construction timelines and structure our loans to support your build phases effectively.

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Bridge Loans

Bridge Loans

When you need gap financing to secure a property quickly or stabilize an asset before long-term refinancing, our bridge loan options are the ideal solution. These short-term loans bridge the gap between acquiring a property and securing permanent financing or selling the asset. Our Chesapeake hard money lenders close these loans quickly, often in just 10 days, giving you the immediate funds required to act on time-sensitive deals. This flexibility is essential for investors navigating competitive markets.

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DSCR Loans

DSCR Loans for Rental Properties

Our debt service coverage ratio (DSCR) loan program is perfect for investors building a portfolio of rental properties using the BRRRR method or simple acquisition strategies. Unlike traditional mortgages that rely on personal income, this investment property loan qualifies you based on the property's cash flow potential. If the rental income covers the debt service, the loan makes sense to us. This approach simplifies the process for investors with multiple properties or complex tax returns.

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What Makes Unitas Different?

  1. The Power of a Bank, The Speed of a Partner
    Our Chesapeake hard money lenders combine the financial strength of an institutional partner with the speed and flexibility of a private relationship. While we have the capital capacity of a large bank, we operate with the efficiency of an entrepreneurial firm. You avoid the bureaucracy and committees that slow down traditional lenders. Instead, you get a direct lender who understands real estate investment loan structures and moves as fast as the market demands.

  2. More Ways to Say ‘Yes’ to Your Deal
    Traditional banks often have rigid requirements that disqualify excellent investment opportunities. Unitas Funding takes a different approach by offering more flexible underwriting criteria. We look for reasons to fund your deal rather than reasons to decline it. Our team reviews the asset's potential and your exit strategy to find creative solutions that work for your specific situation.

  3. Certainty from a Direct Lender
    In the hard money lending industry, certainty of execution is everything. Because we are a direct lender, we control our own capital and make our own decisions. When we issue a term sheet, you can move forward with confidence knowing that "yes" truly means "yes." We do not act as a broker who has to shop your deal to others; we fund the loans we approve, providing you with peace of mind from application to closing.

  4. Faster Funding, Faster Draws
    Speed matters not just at closing, but throughout the life of your project. Our draw process is designed to keep your contractors paid and your renovation on schedule. Once an inspection is complete, we typically process draw requests within 24 to 48 hours. This efficiency ensures your construction loan funds are available when you need them, preventing work stoppages that can kill profitability.
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Get Pre-Approved in 24 Hours!
Stop missing out on lucrative deals because your financing wasn't ready. At Unitas Funding, we make the application process simple and transparent. Submit your information today, and our team can provide a pre-approval within 24 hours. We are ready to partner with you to scale your real estate business in Chesapeake.

Frequently Asked Questions

What types of investment properties do you finance?

We finance a wide range of residential investment properties, including single-family homes, 2-4 unit multifamily properties, and mixed-use buildings. Our programs cover fix-and-flips, new construction, and long-term rentals. Whether you need a rental property loan for a duplex or funding for a spec home, we have options tailored to your asset class. Please note that we only lend on non-owner-occupied investment properties.

How quickly can you close on a Chesapeake investment property?

We specialize in speed and can close loans in as few as 10 business days once we have a complete file. This timeline is significantly faster than traditional banks, which often take months to finalize commercial or investment loans. Our streamlined underwriting and direct control over capital allow us to meet tight deadlines for auctions or competitive offers.

What are your loan-to-cost ratios for Chesapeake fix-and-flip projects?

For qualified borrowers, we offer high-leverage financing with Loan-to-Cost (LTC) ratios up to 90% of the purchase price and 100% of the renovation costs. The total loan amount is typically capped at a percentage of the after repair value (ARV), often around 70-75%. This structure allows you to keep more cash in your pocket to fund other projects or cover unexpected expenses.

Do you require personal income verification for DSCR loans?

No, our DSCR loans do not require personal income verification like W-2s or tax returns. Instead, we qualify the loan based on the property's ability to generate rental income sufficient to cover the mortgage payment. This asset-based approach makes it easier for self-employed investors and those with complex financial situations to qualify for a rental property loan.

What areas of Chesapeake do you serve?

We serve the entire Chesapeake area and the surrounding Hampton Roads region. From Greenbrier and Hickory to Western Branch and South Norfolk, we fund projects across the city. As a nationwide lender, we also lend throughout Virginia, supporting investors in scaling their portfolios across different neighborhoods and markets.

Ready to Fund Your Next Norfolk Real Estate Investment?

Don't let slow financing hold back your real estate portfolio. Unitas Funding is the hard money lender Chesapeake investors trust for speed, transparency, and partnership. Whether you are planning a new construction project or need a bridge loan for a time-sensitive acquisition, our team is ready to help you succeed. Contact us today to discuss your deal and experience the difference of working with dedicated hard money lenders in Chesapeake.

Business-purpose loans for investment properties only. Not a commitment to lend. All loans subject to credit approval and underwriting.