Broker, not a lenderHard Money Lenders inParkersburg, West Virginia
Fix and flip, DSCR rental and new construction financing for Parkersburg investors. We do not lend our own money, we shop your deal across a 400+ lender network and come back with real terms you can compare on total cost.
Prefer to talk it through? Call or text Micah at (281) 636-5682.
What you get working with us
Price a Parkersburg deal right now
Prefilled with a realistic Parkersburg deal. Change any number and it reprices instantly on the lanes licensed in West Virginia, using the same engine behind our term sheets.
Financing a deal in Parkersburg
Parkersburg sits where the Little Kanawha meets the Ohio, the hub of the Mid-Ohio Valley. A large federal Treasury office, the chemical plants along the river, the regional hospital and a WVU branch campus anchor the economy. Prices are among the lowest of any city we cover. The flip stock is early 1900s frame and brick houses in the North End and near Julia-Ann Square, and postwar homes in South Parkersburg and the northeast side.
The Parkersburg deal is decided by keeping the scope in proportion to the price. With finished values this low, a big remodel cannot pay for itself, so the flips that work here are solid houses that need systems, a kitchen and a bath, not a gut. Pick a block where recent sales support your number, because the city has pockets of vacant housing that drag values down. Neighboring Vienna and the northeast side carry higher prices and a newer stock.
What a Parkersburg deal looks like on paper
Parkersburg example: $100,000 purchase, $40,000 rehab, $190,000 after repair value, 730 credit, first flip. The engine puts that borrower on the Best Rate program at 9.49%. Say a 1920s frame four-square in the North End, 26101: a new roof, updated wiring and plumbing, a furnace, a kitchen and a bath. Every number below is what the instant term sheet prints for that deal, so the picture cannot contradict the page.
- Down payment (15% of the purchase)You$15,000
- Origination (0.5%)Lender$2,000
- Lender fees (flat)Lender$1,989
- Broker fee (1%)Broker$2,000
- Title and closing (estimate at Texas rates)Title$2,954
- Prepaid interest (15 days)Lender$488
- Property insuranceInsurer$1,330
- AppraisalAppraiser$550
Interest while you rehab: $672 a month on the $85,000 funded at closing, $989 once every draw is out. Proof of funds is cash to close plus $12,000 of rehab reserve and $5,931 of interest reserve. Sample borrower, sample address; the sheet is issued by the same engine as the borrower’s instant term sheet.
What we can fund in Parkersburg
| Program | Down payment | Min credit | Experience | Rate | Origination | Max loan | Term | Close |
|---|---|---|---|---|---|---|---|---|
| Best Rate | 15% | 700+ | First flip OK | 8.99% to 9.49% | 0.5% | 70% of ARV | 12 months | 5-14 days |
| First Flip, 10% Down1 | 10% | 660+ | First flip OK | 9.99% | 2% | 75% of ARV | 12 months | 21-30 days |
| 7.5% Down, 3+ Flips2 | 7.5% | 660+ | 3+ completed flips | 9.99% | 1.5% | 75% of ARV | 12 months | 21-30 days |
| 5% Down, 3+ Flips3 | 5% | 600+ | 3+ completed flips | 12.00% | 2% | 75% of ARV | 12 months | 7-14 days |
| 5% Down, 5+ Flips4 | 5% | 660+ | 5+ completed flips | 9.99% to 10.99% | 2% | 75% of ARV | 9-24 months | 10-14 days |
| 100% Financing, 2+ Flips5 | 0% (100% financing) | 620+ | 2+ completed flips | 9.50% to 12.00% | 2.5% | 70% of ARV | 9 months | 7-14 days |
- Rate 9.99% at 2 to 2.25 points by credit; buy down to 8.99%. Loans under $150,000 add 0.5% to the rate and half a point, under $100,000 1.5% and a point. Under 680 credit the loan caps at 87.5% of cost. Standard interest, charged only on funds drawn. The loan is capped at a share of purchase plus rehab, the full rehab held back for draws, and the ARV must be at least 1.25 times purchase plus rehab. Processing $500, legal $1,495 and underwriting $795.
- Rate 9.99% at 1.5 to 1.75 points by credit; buy down to 8.99%. Loans under $150,000 add 0.5% to the rate and half a point, under $100,000 1.5% and a point. Under 680 credit the loan caps at 90% of cost. Standard interest, charged only on funds drawn. The loan is capped at a share of purchase plus rehab, the full rehab held back for draws, and the ARV must be at least 1.25 times purchase plus rehab. Processing $500, legal $1,495 and underwriting $795.
- Rate from 12%, set per file. Origination steps down with experience: 1.5% at 5+ deals, 1% at 8+.
- Rate is set per file from 9.99%; origination about 2% plus a $995 processing fee.
- Needs 2 completed flips in the last two years and about $75,000 in verified liquidity. Rate 9.5% to 12% and 2 to 3 points, set per file. Purchase plus rehab must fit under 70% of ARV.
Origination has a $2,000 minimum on every program and the broker fee is 1% with a $2,000 minimum. These are the numbers the instant term sheet uses as of October 2026. Strong credit, cash and a track record can price lower through specific lenders in the network.
Where Parkersburg prices sit right now
Before we price a Parkersburg flip, we look at where sales in the city sit today. Your block can run well above or below these numbers, so treat them as the starting point, not the answer.
Redfin puts the Parkersburg median sale price at $158,000 for the three months ending September 2026, up 3.2% from a year earlier, with homes selling after 43 days on the market on average.
| Median sale price, Parkersburg (Redfin, 3 months to Sep 2026) | $158,000 |
| Change from a year earlier (Redfin) | +3.2% |
| Average days on market, Parkersburg (Redfin) | 43 |
Sources: Redfin, Parkersburg housing market
How a Parkersburg file actually gets priced
We comp Parkersburg within the same neighborhood and era, and we keep Vienna separate because it is its own city with its own buyer. Sales are steady enough to stay recent. Appraisers here weigh the roof, the furnace and the foundation heavily, and a house with an old stone foundation or a wet basement gets adjusted. On a loan this size, the program minimums matter, so we check the example against them before you buy.
Downtown is protected by a floodwall built after decades of river floods, but houses outside the wall and along the Little Kanawha carry flood mapping. The older housing brings lead paint, knob and tube wiring and failing porches. Area chemical plants have a long environmental history, and some buyers ask about water quality, so know the facts for the address. West Virginia requires licensed contractors on jobs past a modest size, and the city enforces codes on vacant structures.
Who buys your finished Parkersburg deal
The finished Parkersburg house sells to federal and plant workers, hospital staff and first-time buyers, many on FHA, USDA or VA loans. They want a move-in ready house with a garage and a dry basement. At these purchase prices rents cover a loan comfortably, so a DSCR refinance is often a strong second exit.
Your whole loan, in one portal
Apply once and the whole Parkersburg loan lives in the borrower portal: the term sheet you can accept and sign in the browser, where the loan stands, one place for documents, and the list of what the lender is still waiting on. These are real screens from the portal.
What we fund in Parkersburg
Fix & Flip
Purchase plus 100% of rehab, released in draws. The core product in Parkersburg.
DSCR Rental
Qualifies on the property’s rent, not your W-2. The usual exit when a flip becomes a hold, and the long-term financing on a BRRRR.
New Construction
Ground-up for builders and infill developers, with a draw schedule matched to the build timeline.
Where we lend in Parkersburg
We broker deals across the whole Parkersburg market. These are the submarkets investors ask us about most:
From deal to funded
Send the deal
Address, purchase price, rehab budget and your ARV. Three minutes, no credit pull.
We shop it
Your scenario goes to the lenders in our network that actually fit it and are licensed in West Virginia, not all 400 at once.
Real terms back
Rate, origination, leverage and cash to close side by side, so you can compare on total cost.
Close
5-14 days to fund. We stay on title and the lender through funding.
Parkersburg hard money FAQ
Do you lend hard money in Parkersburg?
Which fix and flip programs apply in Parkersburg?
How fast can a Parkersburg hard money loan close?
How much do I need to bring to close on a Parkersburg flip?
Do you fund the rehab budget in Parkersburg?
What credit score do I need for a Parkersburg fix and flip loan?
Can I refinance a Parkersburg flip into a rental loan?
Can I get a hard money loan on a low-priced Parkersburg house?
Is Vienna part of the Parkersburg market?
Before you sign anything
Ready to fund your Parkersburg deal?
Submit your scenario in under 3 minutes. We shop it and come back with real terms, not a generic rate sheet.