Groundfloor Review 2025
BridgeRate Pro Rating: ⭐⭐⭐⭐ 4.5/5 — Groundfloor is a unique hard money lender that crowdfunds loans from individual investors. This model allows them to offer competitive rates and fund loans in markets other lenders skip. Best for fix-and-flip investors who want flexible terms.
| Feature | Details |
|---|---|
| Rates From | 7.50% – 14% |
| Loan Amounts | $75,000 – $2M |
| Max LTV | Up to 75% ARV |
| Min Credit Score | 640 |
| Loan Terms | 6 – 12 months |
| States Active | 30+ states |
| Origination Fee | 2 – 4 points |
| Close Time | 2 – 4 weeks |
Groundfloor Pros
- Rates as low as 7.5% — among the lowest in hard money
- No experience required — great for first-time flippers
- Transparent online application and rate quotes
- Will lend on properties in smaller markets
- No prepayment penalty
Groundfloor Cons
- Slower close time than competitors (2–4 weeks)
- Lower max loan amount ($2M cap)
- More conservative ARV underwriting
Who Is Groundfloor Best For?
Groundfloor is ideal for first-time or early-stage fix-and-flip investors who need competitive rates and don’t mind a slightly longer close time. If you have a solid deal and solid ARV, Groundfloor can save you 1–2% vs other hard money lenders.