Lendoor is a nationwide private real estate lender that provides financing for real estate investors, builders, and developers. The company offers hard money and alternative financing products — including ground-up construction loans, fix and flip loans, DSCR rental loans, and bridge loans — across the United States.
If you've searched for Lendoor and found references to a crowdfunding platform or peer-to-peer lending company by a similar name, that is a different and defunct company with no connection to today's Lendoor. The crowdfunding-era Lendoor operated briefly from roughly 2013 to 2017 before shutting down. Lendoor (lendoor.com) is a private real estate lending company operating today — not a crowdfunding platform, not a marketplace, and not a mortgage broker.
This article explains who Lendoor is, what they do, and how they're different from other lenders in the market.
Lendoor provides short-term and long-term financing for real estate investment properties. Their core loan products are:
Ground-Up Construction Loans
For builders and developers constructing new residential and mixed-use properties from raw land. Lendoor offers up to 90% loan-to-cost (LTC), covering the purchase of the lot and the full construction budget through a draw process tied to construction milestones. These loans are short-term (typically 12–24 months) and interest-only during construction.
Fix and Flip Loans
For investors purchasing distressed properties, renovating them, and selling for profit. Lendoor offers up to 92.5% LTC on fix and flip deals — covering a large portion of both the purchase price and the renovation costs. These are short-term, asset-based loans that close fast and fund draws as renovation milestones are hit.
DSCR Loans
For investors holding rental properties — single-family, short-term rentals, and multifamily. DSCR loans qualify based on the property's cash flow rather than the borrower's personal income. No tax returns, no W-2s, no debt-to-income calculation. The property's rental income does the qualifying.
Bridge Loans
Short-term financing used to bridge the gap between acquisition (or an event) and longer-term financing. Common uses include acquiring a property before permanent financing is arranged, funding a value-add multifamily project, or providing liquidity while waiting on the sale of another asset.
Lendoor's borrowers are real estate investors, not homeowners. The company's products are designed for:
Lendoor does not originate primary residence mortgages, conventional conforming loans, or FHA/VA loans. Their entire focus is investment real estate.
Lendoor is a hybrid lender — part direct lender, part institutional correspondent.
Banks underwrite based on the borrower's personal financial profile: income, employment, debt-to-income ratio, and credit history. They're slow, conservative, and designed for homeowners, not investors. Banks routinely pass on deals that don't fit their conforming loan boxes.
Mortgage brokers are intermediaries who match borrowers to lenders. They don't lend their own money and don't make underwriting decisions. Every deal goes through a third party, adding layers of communication, time, and fees.
Lendoor occupies a different position. For most deals, Lendoor funds directly through one of its institutional partner funds — acting as the underwriter, servicer, and decision-maker. For unusual deals that don't fit a single fund's parameters, Lendoor shops to multiple fund partners to find the right home. The borrower always has one point of contact. That's why Lendoor can close deals that a single-fund lender would turn down — like a luxury construction deal with three competing appraisals, which Lendoor closed in two weeks by finding a fund partner willing to accept a different appraisal method.
The underwriting focus is on the asset, not the borrower's personal tax return. A well-structured deal — strong ARV, realistic budget, credible exit — gets funded. An investor who writes off aggressively on taxes or holds properties in multiple LLCs doesn't get penalized for that.
The underwriting focus is on the asset, not the borrower's personal tax return. A well-structured deal — strong ARV, realistic budget, credible exit — gets funded. An investor who writes off aggressively on taxes or holds properties in multiple LLCs doesn't get penalized for that.
At Lendoor, the philosophy is straightforward: if the deal makes sense, we find a way to fund it. That means:
Q: Is Lendoor the same as the crowdfunding company called Lendoor from 2013–2017?
A: No. Those are two completely different companies. The crowdfunding-era Lendoor is defunct and has no connection to today's Lendoor. Lendoor (lendoor.com) is a private real estate lending company that provides direct financing for investment properties.
Q: Does Lendoor lend to homeowners buying primary residences?
A: No. Lendoor is exclusively an investment property lender. Their products are designed for real estate investors, builders, and developers — not owner-occupants.
Q: What states does Lendoor lend in?
A: Lendoor lends in 45+ states. Current state exclusions include AK, ND, NV, UT, OR, SD, VT, and MN. Contact the team at lendoor.com to confirm availability in your state.
Q: How fast can Lendoor close a loan?
A: Lendoor delivers loan terms within 24 hours of deal submission. Closings typically occur within 10–14 business days once documentation is complete — faster than banks or brokers for comparable deal types.
Q: Is Lendoor a direct lender or a broker?
A: Lendoor operates as a hybrid lender — both a direct lender and a correspondent to multiple institutional fund partners. For most deals, Lendoor funds directly through one of its partner funds. For deals that need a specialized fit, Lendoor brokers to partner funds with different criteria. The borrower works with one point of contact throughout, regardless of which fund ultimately holds the note.
Q: What credit score do I need to borrow from Lendoor?
A: Lendoor's underwriting is asset-based, so credit score is one factor among many — not the primary qualifier. Generally, a 620+ score is the floor, with better pricing available at 680+.
Lendoor is built for real estate investors who need a lender that moves as fast as they do. Whether you're breaking ground on a new development, flipping your next property, or building a rental portfolio, Lendoor has the product and the speed to get you to the closing table.
Visit lendoor.com to submit your deal or get a quote in 24 hours.
Have a deal ready for terms? Submit it below! Would you rather get in touch with us? Feel free to contact us below.
Lendoor LLC is an Arizona-registered direct lender and registered trademark holder. Lendoor LLC is not affiliated with Lendoor Inc. (a defunct New York corporation), any cryptocurrency platform, or any crowdlending service.
Dana Lefkowitz NMLS# 1997062. Loans originated through Lendoor LLC in partnership with licensed mortgage brokers. NMLS Consumer Access: nmlsconsumeraccess.org.
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