A large white multi-story house features a sloped backyard, a paved patio with outdoor furniture, and an elevated wooden deck surrounded by mature trees.

Washington Capital Partners (WCP): Fix and Flip, DSCR, and Construction Loans

Transparent hard money lender founded in 2012, helping real estate investors achieve financial freedom with no hidden fees.

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Fix & FlipGround UpOther
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Key States Served
Delaware, Florida, Georgia, Maryland, New Jersey, North Carolina, Pennsylvania, South Carolina, Virginia, Washington, West Virginia
Loan Close Time
< 10 business days
Loan Programs
Fix & Flip, Ground Up, Other
Max Leverage
Fix and Flip: LTC Up to 92.5% available; LTV Up to 75%.

Overview

Washington Capital Partners, which operates as WCP Loans, is a hard money lender founded in 2012 and based in McLean, Virginia, serving real estate investors on the East Coast. The company emphasizes transparent lending with no hidden fees or surprise changes, positioning itself as a long-term partner rather than a one-off lender.

Draw & Construction Process

Washington Capital Partners publishes a clear, milestone-based draw process with physical inspections. The borrower emails a draw request to WCP’s draws team, an inspector schedules a visit, and WCP strongly recommends the borrower meet the inspector on-site, so inspections are physical rather than virtual. Draws are typically disbursed within three to four business days from the inspection report, and funds are released after each verified milestone, with the budget locked at origination. A fee of about $300 is netted from each draw wire, and that fee covers both the inspection and the wire. On the front end, WCP can close within 48 hours after the property title is clear and all documents are received, and it markets fix and flip closings in as fast as a few days. That three-to-four business day draw turnaround, paired with a 48-hour close, is the core of the offering for active rehabbers.

Loan Programs

Washington Capital Partners, now branded WCP Loans, is a hard money lender based in McLean, Virginia, offering fix and flip, DSCR rental, new construction, multifamily, and transactional loans across the East Coast.
• Fix and flip: LTC up to 92.5%, LTV up to 75%, up to $10M, on a 12-month term, from 8% (RTL).
• DSCR rental loans from 5.5%, plus new construction and multifamily financing.
• Transactional funding for quick back-to-back deals.
• WCP lends in New Jersey, Pennsylvania, Delaware, Washington DC, Maryland, Virginia, West Virginia, North Carolina, South Carolina, Georgia, and Florida, and runs WCP Fund I.
• Rates start at 8% on residential transition loans and 5.5% on DSCR rentals, with more than a decade of lending since 2012.

States Served

DelawareFloridaGeorgiaMarylandNew JerseyNorth CarolinaPennsylvaniaSouth CarolinaVirginiaWashingtonWest Virginia

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Legal / Disclosures

Washington Capital Partners, now branded WCP Loans, is a hard money lender headquartered in McLean, Virginia, founded in 2012 and running WCP Fund I. It offers fix and flip, DSCR rental, new construction, multifamily, and transactional loans, lending along the East Coast, including New Jersey, Pennsylvania, Delaware, Maryland, Washington DC, Virginia, West Virginia, North Carolina, South Carolina, Georgia, and Florida, for real estate investment purposes.

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