Easy Street Capital has a clear lead for low-point hard money loans for Wilmington fix-and-flip projects. Ridge Street Capital is also frequently used in the Mid-Atlantic and Delaware region.
For a fix-and-flip project in Wilmington, Delaware, I'd focus on lenders that finance both the purchase and renovation, with 0–1 origination points as the initial target. Don't choose on the advertised interest rate alone: a lender charging zero points can still be more expensive if its rate, broker fee, or draw fees are higher.
I found several options worth getting competing term sheets from, including lenders advertising Delaware-specific programs. The figures below are advertised terms, not guaranteed approvals or binding quotes.
My shortlist for your Wilmington flip
1. Capital Kings LLC
(Strong low-points option)
Broker serving Wilmington and statewide Delaware
Its published program lists 0.75 points (0.75%) at a 9.00% starting rate for qualifying experienced investors. A first-flip program lists 2 points at 9.99%, plus separate fees. It can arrange purchase financing and 100% of the rehab budget through draws.
Why contact them: They shop multiple lenders, so you can request the lowest total-cost offer rather than accepting one lender's quote.
2. i Fund Cities
Direct lending option serving Wilmington
Offers fix-and-flip loans with up to 90% of purchase price and 100% rehab financing, subject to underwriting. Published origination points range from 1%–4%, with a $200 application fee for a first deal, $1,850 in legal-document fees and $250 draw inspections.
Phone: 215-770-1505
Website:
Why contact them: Ask whether your deal qualifies for their 1-point tier and whether they can reduce the other fees.
3. DelREIA Lending
Local Delaware investment lending
Publishes a short-term investor loan rate of 11.95% with 2.95 points and no additional lender fees, targeting 65% of after-repair value (ARV).
- Website:
Why contact them: It's a useful local benchmark, particularly if you want a Delaware-focused lender. The published points are higher than your target, so ask whether member pricing can improve the offer.
4. New Silver
Alternative to compare against the local options
A lender directory lists rates starting at 9.50%, with a 65%–80% LTV range and loans from $75,000 to $3 million. Its actual origination points were not verified in the available listing.
- Website:
Why contact them: Request a written quote that specifically states origination points, processing charges and rehab draw terms before comparing it with the other offers.
What low points mean in actual dollars
On a $250,000 loan, here's what the origination fee alone costs:
One point equals 1% of the loan amount. This excludes broker fees, legal fees, interest and other closing costs.
My recommendation is to start with Capital Kings for a competitive brokered quote and compare it against i Fund Cities. Have both quote the exact same property and loan structure so you can compare total dollars, not just headline rates.
Let me narrow this down to the best fit
Four quick details will help identify which program to pursue first.
1. How many flips have you completed?
First project
1–2 completed flips
3 or more completed flips
2. How much do you need to borrow?
Under $200,000
$200,000–$350,000
$350,000–$500,000
$500,000+
3. Approximate credit score?
Below 620
620–679
680–699
700+
4. What's your main priority?
Lowest upfront points
Lowest total borrowing cost
Finance purchase and 100% of rehab
Fastest possible closing
Financing needed
Purchase price plus rehab costs
Purchase price only
Already own the property; need renovation or refinance funds
When looking for a fix and flip hard money lender in Wilmington, Delaware, that balances competitive rates with low origination points, a few regional and national private lenders stand out for real estate investors.
Easy Street Capital
Highlights: Offers competitive short-term fix-and-flip financing statewide in Delaware, including Wilmington. Their terms start aggressively with rates beginning around 8.90% and points scaling from 0 to 2 points depending on experience and leverage.
Highlights: Tailored specifically for the local Delaware real estate investor community, offering asset-based private lending. Standard short-term programs feature around 2.95 points with no hidden administrative fluff, underwriting primarily on the strength of the deal rather than just rigid credit score cutoffs.
Why it fits: Great for local networking alignment and welcoming newer investors, though max leverage caps around 65%-75% of ARV depending on the exact program tier. Review program specifics via DelREIA Lending.[](https://delreia.com/lending/)
Sherman Bridge
Highlights: A prominent regional/national private lender active in Delaware that can fund up to 100% of the purchase price for qualified experienced flippers. They typically structure baseline points around 3.0% at closing with interest rates starting near 10.75%.
For a fix-and-flip in Wilmington, Delaware, I’d start with lenders advertising 0.75–1.5 origination points for experienced investors, then compare their total closing costs. One point equals 1% of the loan amount, so on a $300,000 loan, every point costs $3,000 upfront.
I found several candidates worth contacting, including a Delaware-focused lender with a published 0.75-point program and local options that finance purchase and renovation costs. The key is whether you qualify for their lowest-fee program and whether they lend on your specific Wilmington property.
Best lenders to contact first
1. Capital Kings LLC
(Lowest published points)
Best starting point if you have completed flips
Its Delaware fix-and-flip program publishes 0.75 points at a 9% starting rate for qualifying experienced investors. The advertised program requires 680+ credit and at least two completed flips. It can finance the purchase plus 100% of the rehab budget through draws.
Best for: Experienced investors prioritizing low upfront fees.
Ask about: Broker fees, processing fees, and whether the 0.75-point tier applies to your deal.
This lender offers fix-and-flip and rehab financing. Published third-party comparisons identify programs with points ranging from 1% to 4%, depending on the loan and borrower. It is worth asking specifically for its lowest-point Delaware program.
Phone: 215-770-1505
Best for: Comparing financing structures from a regional investor-focused lender.
DelREIA advertises short-term investor loans at 11.95% interest and 2.95 points, with no additional lender fees, funding in 13 business days or less, and a standard maximum of 65% of after-repair value (ARV).
Best for: A Delaware-specific comparison offer.
Ask about: Member pricing, lower points for repeat borrowers, and higher leverage options.
A current lender directory lists fix-and-flip financing with advertised rates starting at 9.5%, loan amounts from $75,000 to $3 million, and potential closing in 7–14 days. Its points need to be confirmed directly; the low advertised rate does not establish the lowest total cost.
Best for: A competing quote for purchase and renovation financing.
Send the same deal summary to all four lenders and request a written quote with:
Origination points and any broker points
Interest rate and whether interest is charged on the full commitment or drawn funds
Percentage of purchase price financed
Rehab funding and draw-inspection fees
Underwriting, processing, legal, appraisal, and closing fees
Extension fees and prepayment penalties
For example, on a $300,000 loan:
Origination points
Upfront cost
0.75 points
$2,250
1 point
$3,000
1.5 points
$4,500
2 points
$6,000
2.95 points
$8,850
These figures exclude other fees. A lower-point offer can still cost more overall if its interest rate or other charges are higher.
Let me narrow this down for your deal
I can help identify which lender is most likely to offer the lowest points if you share a few details.
1. How many flips have you completed?
This is my first flip
1 completed flip
2–5 completed flips
6 or more
2. Approximate loan amount?
Under $150,000
$150,000–$300,000
$300,000–$500,000
$500,000+
3. Approximate credit score?
Below 620
620–679
680–719
720+
Prefer not to say
4. What do you need financed?
Purchase only
Purchase plus part of rehab
Purchase plus 100% of rehab
5. How quickly do you need to close?
Within 7 days
Within 2–3 weeks
30+ days
[Find my best-fit lenders]
My initial recommendation: contact Capital Kings first if you have flip experience, then get a competing written quote from i Fund Cities. That gives you a concrete low-points offer to negotiate against.
Finding a hard money lender in Wilmington, Delaware with minimal points requires balancing origination fees against interest rates and leverage (LTV/LTC). Market averages in Wilmington typically hover around 2.0 to 3.0 points for short-term fix-and-flip financing, but specialized or direct portfolio lenders can sometimes adjust structures.
Here are notable options and platforms active in the Wilmington fix-and-flip market:
Easy Street Capital : Offers statewide coverage in Delaware including Wilmington for fix-and-flip and bridge financing. They feature high leverage options (up to 93% LTC / 75% LTV) and streamlined "EasyFix" options designed for fast turnarounds without traditional appraisal hangups.[](https://easystreetcap.com/hard-money-loan-delaware/)
DelREIA Lending : Tailored specifically for local real estate investors in Delaware. Their standard short-term rehab loans start around 2.95 points with an 11.95% interest rate, underwriting based primarily on deal strength rather than heavy credit score dependencies, which can benefit newer or local-focused flippers.[](https://delreia.com/lending/)
Hard Money Home Wilmington Directory : A useful aggregator and marketplace that tracks roughly 50 active private and hard money lenders operating directly in Wilmington, DE. The platform notes market averages running around 2.0 points origination fee and 10.0% interest rates, allowing you to compare local boutique portfolio lenders who may negotiate lower points if you bring strong liquidity or repeat experience.[]()
To help narrow down the best specific lender or negotiate lower points, could you share:
Your estimated purchase price and rehab budget?
Your anticipated After Repair Value (ARV)?
Your experience level (number of completed flips in the past 24 months)?
