LCThe Lending Commons
← All lenders

Pimlico Capital

Baltimore, MD·Founded 2010·Nationwide
Visit website ↗+1-410-855-4600
Pimlico Capital is a leading regional private lender specializing in fast, reliable fix-and-flip loans, short-term bridge financing, and DSCR rental loans across 13 East Coast states.
Pimlico Capital describing itself

Loan programs

DSCR / Long-Term Rental

$75K – $3M
Term
30 yr
Rate
6.25% – 9.95%
Amortization
30-Year Fixed, Interest-Only
Maximum leverage
Max LTV 80%Max LTV (cash-out) 75%
Eligible property types
2–4 Unit Residential · Multifamily (5+) · Mixed-Use

Fix & Flip

$75K
Term
6 mo – 18 mo
Rate
6.25% – 9.95%
Amortization
30-Year Fixed, Interest-Only
Maximum leverage
Max LTV 80%Max LTV (cash-out) 80%
Eligible property types
2–4 Unit Residential · Multifamily (5+) · Mixed-Use

Bridge

Maximum leverage
Max LTV 70%
Also offers— no published terms
CommercialFix to Rent (BRRRR)Land & LotMultifamilyRental Portfolio / Blanket

Terms & qualification

Typical loan size
$75K – $5M
Typical term
3 mo – 30 yr
Interest rate
9.95% – 12%
Origination / points
2% to 3%
Minimum FICO
600
Lien position
1st
Prepayment penalty
3 months for short-term loans. 30-year rental loans typically have a step-down pre-pay penalty of 3-5 years.
Payment structure
Interest Only
Recourse
Always
Closing speed
7 days typical · 2 days fastest
Prepayment structure
None, Step-down
Cross-collateral
Yes
Equity / JV capital
No
Income documentation
None required | Asset-based underwriting only
Borrower entity
Individual(s), LLC, Limited Partnership, Trust

Property types

2–4 Unit ResidentialMultifamily (5+)Mixed-UseSingle-Family (SFR)Land & Lots

Lending footprint

AKALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVNYOHOKORPARISCSDTNTXUTVAVTWAWIWVWY

Sources

This record was compiled from the public pages below. Figures reflect what each source published when it was retrieved and are not a quote — confirm current terms with the lender.