# Lending Desk > Lending Desk is a non-bank lender whose account executives and 50+ partner brokers arrange residential and commercial real estate loans of all types across multiple states. It is a non-bank lender, not a bank, and takes no deposits. Programs include hard money, fix-and-flip, bridge, ground-up construction, DSCR rental, bank-statement and commercial loans. A 24/7 AI lending desk answers in English, Spanish, Persian, German and Chinese, checks deals against the lending box and routes them to an account executive. ## Key facts - Lending states: CA, NV, AZ, TX, FL, WA, OR, CO - Loan size: $100,000 to $10,000,000 - Maximum leverage: 75% of after-repair value (fix-and-flip), 75% of as-is value (bridge), 85% of total cost (construction) - Languages: English, Spanish, Persian, German, Chinese - The site gives general information and market ranges only. It is not a loan offer; terms are set after underwriting. ## Today's benchmark rates (source: FRED, St. Louis Fed) - Fed funds target (upper bound): 4.00% as of 2026-10-31 (https://fred.stlouisfed.org/series/DFEDTARU) - Fed funds target (lower bound): 3.75% as of 2026-10-31 (https://fred.stlouisfed.org/series/DFEDTARL) - Bank prime rate: 7.00% as of 2026-10-27 (https://fred.stlouisfed.org/series/DPRIME) - SOFR (overnight): 3.94% as of 2026-10-29 (https://fred.stlouisfed.org/series/SOFR) - 10-year Treasury yield: 4.98% as of 2026-10-29 (https://fred.stlouisfed.org/series/DGS10) - 2-year Treasury yield: 4.61% as of 2026-10-29 (https://fred.stlouisfed.org/series/DGS2) - 30-yr fixed mortgage avg (Freddie Mac): 7.24% as of 2026-10-29 (https://fred.stlouisfed.org/series/MORTGAGE30US) - 15-yr fixed mortgage avg (Freddie Mac): 6.60% as of 2026-10-29 (https://fred.stlouisfed.org/series/MORTGAGE15US) ## Typical private-lending ranges (as of 2026-10-31) - Fix-and-flip (Buy, renovate and sell): typical rate 9–12%, points 1–3, term 6–18 months, leverage up to ~70–75% of ARV - Bridge (Close fast, refinance or sell later): typical rate 8–12%, points 1–3, term 12–36 months, leverage 60–70% of as-is value - Ground-up construction (New builds and major rebuilds): typical rate 12–15%, points 1–3+, term 12–24 months, leverage by loan-to-cost - DSCR rental (Long-term rentals, qualify on rent): typical rate 7.1%+, points varies, term 30 years, leverage 75–85% LTV - Bank-statement / non-QM (Self-employed buyers and refinances, no tax returns): typical rate 7.6–10.4%, points varies, term 30 years, leverage up to ~90% LTV (primary), 75–85% (investment) - Commercial permanent (Multifamily, office, retail, industrial, mixed-use): typical rate 5.75–8.75%, points varies, term 5–10 years, leverage 60–80% LTV - Commercial bridge (Transitional and value-add commercial): typical rate 7.5–12%, points varies, term varies, leverage varies by property Sources: https://www.coradvisors.net/2026/08/hard-money-loans-vs-bridge-loans-2026.html, https://www.herringbank.com/learn/hard-money-loans/, https://griffinfunding.com/dscr-loan-calculator/, https://www.freefincalc.net/blog/bank-statement-loan-requirements-2026, https://rentalrealestate.com/loans/commercial/ ## Frequently asked questions ### What is a hard money loan? A hard money loan is a short-term real estate loan from a private lender that is approved mainly on the property’s value and the deal, not on tax returns. Investors use it to buy, renovate or bridge a property quickly, usually for 6 to 24 months, then sell or refinance. ### What are typical hard money and fix-and-flip rates in 2026? Typical 2026 private-lending rates run about 9–12% for experienced fix-and-flip borrowers and 8–12% for bridge loans, plus 1–3 points. Ground-up construction usually prices higher, around 12–15%. These are market ranges, not offers; a licensed broker sets actual terms after reviewing the deal. ### How fast can a private bridge loan close? Many private bridge and hard money loans close in 7 to 14 days when the property, title and borrower documents are ready. Deals with a lender that fell through or a contract deadline can often be prioritized; the broker confirms timing after review. ### What is a DSCR loan? A DSCR loan is a rental property loan that qualifies on the property’s rent rather than the borrower’s personal income. Lenders compare monthly rent to the monthly payment, taxes and insurance; a ratio of about 1.0 to 1.25 or higher usually unlocks better pricing. ### How much can I borrow on a fix-and-flip? Private lenders commonly lend up to about 70–75% of the after-repair value (ARV) on a fix-and-flip, often covering part of the purchase and the rehab budget. The exact amount depends on the property, your experience and the lender’s limits. ### Can I talk to the lending desk in my language? Yes. The lending desk answers in English, Spanish, Persian (Farsi), German and Chinese, by chat or by voice. It switches if you change language mid-conversation, and the account executive receives your file in English with your preferred language noted. ## Pages - [English](https://www.lendingdesk.app/) - [Spanish](https://www.lendingdesk.app/es) - [Persian](https://www.lendingdesk.app/fa) - [German](https://www.lendingdesk.app/de) - [Chinese](https://www.lendingdesk.app/zh) - [Embeddable lending desk](https://www.lendingdesk.app/widget) - Embed on any site: