List of Non-Recourse Lenders for Self-Directed IRA and 401k
The unlimited investment capability of the self-directed IRA or Solo 401k allow account funds to be invested into non-traditional assets, such as real estate. Account owners who choose to purchase real estate can leverage the purchase with a non-recourse loan. A conventional recourse loan cannot be used with an IRA or 401k to make investments; it would be considered a prohibited transaction.
Over the years we established a relationship with several lenders offering such loans and hope this will serve as a resource for you. We are not affiliated with any of the lenders below and you should contact each lender directly to inquire about the details of the financing programs they offer. Please note that all the terms and other details below are subject to change at any time.
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Solera National Bank
Loans to refinance or purchase 1 – 4 family residential property held in a Self-Directed IRA or Solo 401k. Let us help you finance that single family home (SFR), duplex, condo or townhome units (2-4 family) held in your Self-Directed IRA or Solo 401k. We can provide funds for acquisition, refinance or cash-out refinance for these types of properties. We can consider any of these subject to the following general terms and conditions:
General Terms & Conditions:
Contact Info
Avram Shabanyan
319 S. Sheridan Blvd, Lakewood, CO 80226(303)937-6429 | [email protected] | www.solerabank.com
[email protected] | www.solerabank.com |(303)937-6429
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Non Recourse Loan
Non Recourse Loan LLC, specializes in providing tailored financial solutions designed to help individuals and businesses achieve their goals. Whether you’re looking to leverage your self-directed IRA to invest in real estate or secure funding to grow your business, they’re here to guide you every step of the way.
Non-Recourse Loan
Contact Info
Ryan Hughes | Financial Strategist539 W. Commerce St #6925 Dallas TX 75208(469) 810-8700 | [email protected] | https://www.nonrecourseloan.com/
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Marshall Reddick Real Estate
Marshall Reddick Real Estate has been a prominent nationwide residential real estate firm since 1979. They provide a spectrum of private, non-bank loan options for individuals, entities and the like. All programs including rental, renovate, bridge and new construction are non-recourse eligible for self-directed retirement borrowers. Non-owner occupied only.
Non-Recourse Loan
Rates, terms and pricing here: https://www.marshallreddick.com/loan-programs
Contact Info
Patrick Prunty | NMLS 12057334299 MacArthur Blvd., Ste. 105, Newport Beach, CA 92660
949-885-8173 | [email protected] | https://
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North American Savings Bank
North American Savings Bank provides loans in all 50 states. Founded in 1927, NASB now manages over one billion dollars in assets.
Non-Recourse Loan
NASB offers an IRA lending program to help individual investors with their financing needs with IRA and 401k accounts. NASB lends up to 70% loan-to-cost on single-family detached homes and 60% on all other residential properties (CA, AZ, FL, MI, OH, NV have a max 55% loan-to-cost).
The loan amount is determined by the property condition, cash flow, recent property history, and retirement reserves in the accounts. Loan decision can typically be obtained within 24 hours. Processing time is about 45 days from application date. NASB offers a 5 year ARM and a 25 year fixed.
Minimum Requirements
Contact Info
Joseph Dixon | Assistant Vice President | Relationship Manager, IRA Lending903 E. 104th Street, Suite 400, Kansas City, MO 64131Ph: (816) 508-2398| [email protected] | www.iralending.com
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FirstBank
FirstBank offers excellent banking services and products with a great focus on the investor community. After 60 years in the business, FirstBank has grown its assets to more than 25 billion dollars.
FirstBank offers non-recourse loans to the majority of Colorado and the Phoenix metro area in Arizona.
Non-Recourse Loan
The maximum loan-to-value is 65%. Typical loan products are the 15-year fixed rate mortgage and 7/1 or 5/1 ARM that can be amortized over 15 or 30 years with a matching maturity.
Generally, the bank can complete a transaction in about 30-45 days for someone who has checkbook control and/or where the IRA owner is signing on behalf of their plan or LLC. There is no minimum or maximum loan amount.
Minimum Requirements
The underlying participant(s) must meet a minimum credit standard of a 680
Contact Info
Colorado – Matt Offutt | 970-282-3931 | [email protected]Arizona – Katie Schrupp | 602-594-4848| [email protected]www.efirstbank.com
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JMAC Funding
JMAC Funding is a group of private lenders located in San Diego, California who provide fast Private Hard Money Loans in California. We also buy real estate notes nationwide.
Non-Recourse Loan
JMAC Funding offers non-recourse loans to self-directed IRA LLCs that hold real estate. We are equity based lenders and we make purchase money and cash-out refi loans on commercial, residential and land in California only. The loans can be structured as rehab loans or new construction as well as for rentals. Loan terms are usually short-term 5-year max and project dependent. For rentals, the project must be (or projected to be) cash flow positive with the loan in place.
Loan Terms:
Contact Info
Jim MacArthur
PO Box 91472, San Diego, CA 92169
(619) 846-1550 | [email protected] | www.TheHardMoneyPros.com
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Lending Resources Group, Inc.
Mark Robbins, CEO of Lending Resources Group, has been a pioneer in helping IRA investors obtain non-recourse loans for their real estate investments since they became available to the public in 2004. Mark was the first mortgage banker in the US at a major mortgage banking company to offer non-recourse loans to IRA investors nationwide. Mark formed Lending Resources Group, Inc. in 2008 and continues to facilitate non-recourse loans for IRA investors from coast to coast.
Non-Recourse Loan
LRG has helped investors obtain these loans for all types of real estate from single-family homes and condominiums to duplexes, 4-plexes, multi-family apartment buildings and commercial properties. LRG has also uses its wide array of private sources to fund non-recourse loans that the banks refuse to do.
Contact Info
415-309-1803 | [email protected] | www.lendingresourcesgroup.com
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First Western Federal Savings Bank
First Western Federal Savings Bank is a nationwide non-recourse lender that helps their clients use their self-directed retirement accounts to purchase real estate investment with leverage. They finance residential, commercial, and multifamily properties in all 50 states for buy and hold investors.
Non-Recourse Loan
First Western Federal Savings Bank offers 30-year, fully amortizing loans with no pre-payment penalty and no balloon payments. The maximum LTV is up to 60% for 1-4 unit residential properties and 50% for larger rental and commercial properties. The loan amount can range from $50,000 to $1,000,000. Typically, loan decisions are made within 2 days, and processing time is usually 30 to 35 days from the application date.
Minimum Requirements
Contact Info
Roger St. Pierre | Sr. VP | NMLS#: 768919402 Main Street, Rapid City, SD 57701
605-341-1203 | [email protected] | www.myiralender.com
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Peak Asset Lending
Peak Asset Lending provides non-recourse loans for residential investment property. 30-year term available and no pre-payment penalties. Rate from 6.50%, Fixed Rate, 30 Year Mortgage and up to 70% LTV available.
Non-Recourse Loan
- Single Loan Closing to Purchase, Rehab, and Hold as a Rental. Up to 80% Loan to Cost
- Build to Rent Program for Retirement Plans featuring Single Closing on 30 Year Loan
- Peak is currently lending in the States of: Alabama, Arkansas, Colorado, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Montana, Nebraska, New Mexico, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas, Washington, Wisconsin and Wyoming.
Contact Info
Shane Sauer | 11289 Strang Line Rd, Lenexa, KS 66215
(913) 956-7325 (PEAK) | [email protected]| www.peakassetlending.com
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Titan Bank
Titan Bank is a leading provider of banks accounts for self-directed retirement customers offering non-recourse loans to help their clients use their self-directed retirement accounts to purchase real estate investment with leverage. They finance residential, commercial, and multifamily properties in all 50 states for buy and hold investors. Founded in 1907, Titan Bank is a regulated national bank with FDIC insured accounts.
Non-Recourse Loan
Titan Bank offers 20-year, fully amortizing loans with no pre-payment penalty and no balloon payments. The maximum LTV is up to 60% for 1-4-unit residential properties and 40-50% for small/rural markets, larger rentals and commercial properties. The loan amount can range from $60,000 and up. Typically, loan decisions are made within 2 days, and processing time is usually 30 to 45 days from the application date.
Minimum Requirements
Contact Info
Ryan Hughes | Director of Retirement Accounts |3100 Monticello Ave Dallas, TX 75205 214-580-3187 | |
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First National Bank of America
First National Bank of America offers loans in all 50 states for 1-4 unit residential properties. Loans for larger multi-family properties are available locally. Their maximum loan term is 10 years with a max amortization of 20 years. First National Bank of America also offers rehab loans, refinancing, and will consider loans under $50,000. The typical processing time is 30 to 45 days from application to close.
Minimum Requirements
Contact Info
Scott Raymond4660 Kalamazoo Ave SE, Grand Rapids, MI 49508(616) 538-6017 | [email protected] | www.fnba.com
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Red Rock Capital
Red Rock Capital offers non-recourse loans for individuals who are purchasing investment property within their self-directed retirement accounts? They offer non-recourse bridge, rehab, and long term rental loans.
Non-Recourse Loan
Contact Info
Jennifer Manier | Sales Manager5585 Erindale Drive Ste 201 Colorado Springs, CO 80918(719) 900- 5400| [email protected] | www.FundWithRedRock.com
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Comments (39)
Hello, how current is this list? I see many comments from over 5 years ago. Is this list still current for 2025? Thank you
Wendy Taylor, about 2 months ago
The list is current, however I'm not affiliated with these lenders, simply providing this as a resource to BP community. I have not updated their programs so you should contact each lender directly to confirm their offerings.
Dmitriy Fomichenko, about 1 month ago
Greetings Dmitriy! Thanks for your extensive list. My current list is 1/3 of your lenders. Besides UBIT, have you heard of any horror stories regarding these types of loans/investments? Are there more success stories than failures? Your professional correspondence is greatly appreciated. Aloha, Eldon Hongo
Eldon Hongo, about 6 years ago
Eldon, I'm not aware of any "horror stories", non-recourse loans are pretty straight forward, because of lower LTV requirements this is lower risk for the lender and very manageable for the IRA owner in terms of cash-flow.
Dmitriy Fomichenko, over 5 years ago
This was such a helpful post! Thank you for this.
Nnene Mbonu, over 6 years ago
Nnene, happy to hear you found the list helpful!
Dmitriy Fomichenko, over 6 years ago
Dmitriy how can I get First National Bank of America on your list? We provide non-recourse financing in all 50 states with non minimum loan amount. We do cash out refinances and purchases.
Thank you.
Scott D Raymond
Scott Raymond, over 6 years ago
Scott, I added your bank's information to the list
Dmitriy Fomichenko, over 6 years ago
Great List!!!
I have a newbie question (please be gentle!)
We are using a Self Directed IRA with LLC Checkbook control - and just bought our first flip at auction outright - so we own it. (Yay!!) We paid 50% of what it's worth. However, we are working with a limited amount of funds in the IRA. Don't get me wrong, we could complete the project no problem with what we have in the account. But I was wondering if I could get a "non-recourse refi" on the purchase, so we could free that capital up in case another deal comes by while we're working on Deal #1. Most of the info I see on non-recourse loans assume it's for the purchase, but we already own this one. So my questions are:
1. Is this a normal practice? Can an SDIRA refi an asset already owned outright to free up capital?
2. If so, what are the tax implications? We're not planning on taking any distributions whatsoever - everything will come out of the IRA and all profits will go back into the IRA - so are there any tax implications?
NA Martin, over 6 years ago
Congratulations on the purchase of your first investment! Yes, you can do cash-out refinance. Contact the lenders on the list to see which loan would be the best fit for you. There will be no tax consequences specifically for the refinance, but when you leverage real estate investment in an IRA the income will be subject to UBIT. Learn more here:
https://www.biggerpockets.com/blogs/2810/26786-wha...
Also, retirement accounts are designed to be invested passively, but flipping is considered an active business. If you run an active business in your IRA you are exposing all profits to taxation, read this article:
https://www.biggerpockets.com/blogs/2810/54795-usi...
Dmitriy Fomichenko, over 6 years ago
FirstBank currently only offer services in Colorado, Arizona, and Palm Desert, California
Amy Hu, almost 7 years ago
Thank you for the heads up Amy!
Dmitriy Fomichenko, over 6 years ago
Generally speaking, would any financial institution that offers non-recourse loans be acceptable (in addition to the list).
Mike S., about 7 years ago
Mike, you can get a loan from any financial institution or private individual, as long as it is non-recourse (no personal guarantee). The challenge is that most banks and financial institutions will not do such loan so your options will be limited to the list above for the most part.
Dmitriy Fomichenko, almost 7 years ago
@Dmitriy Fomichenkowould this list be relatively the same from when it was initially posted. I’m looking to get non recourse loan with self directed ira llc.
Giannina Biala, about 7 years ago
Yes @Giannina Biala, it has been updated several times since it was originally written. If you discover that any of the info needs to be corrected please let me know.
Dmitriy Fomichenko, about 7 years ago
Hello Dmitriy,
Great list!
I work for Peak Asset Lending, and I was wondering if I could update some of the information on this post. We've made some changes in the company, and just want to make sure everyone is getting accurate information.
We really appreciate you featuring us!
Emily Campbell, over 7 years ago
Sure Emily, please send me a private message and we will be able to help you out.
Dmitriy Fomichenko, over 7 years ago
I just called Peak and it was easy and simple to get rates and an idea of costs for my cash-out deals inside my SDIRAs that I have with Equity Trust Company. Thanks BP!
Jack Bobeck, over 7 years ago
I'm glad it worked out well for you and thanks for sharing about your experience with Peak.
Dmitriy Fomichenko, over 7 years ago
Assuming you leverage a purchase within your SDIRA, Is it simple to accelerate payments to pay off the loan balance in full to avoid paying taxes on proceeds from the sale of the property?
Adam Nagao, over 7 years ago
Adam, you can accelerate payments of the loan. However you must check your loan documents to see if it has any pre-payment penalties, some loans do have such clause.
Dmitriy Fomichenko, over 7 years ago
Thanks for the post. This is very helpful!
Joyce Patta, over 7 years ago
You are welcome!
Dmitriy Fomichenko, over 6 years ago
Thanks
Jorge Guadian, over 8 years ago
Awesome, thanks for putting this together!
Adrian Chu, over 8 years ago
You are welcome! Glad you found it helpful.
Dmitriy Fomichenko, over 6 years ago
@Dmitriy Fomichenko
AWESOME LIST!!!!!!!!!!!!!!!!!
Patsy Waldron, over 8 years ago
Patsy, I'm glad you found it useful.
Dmitriy Fomichenko, over 8 years ago
Firstly thank you Dmitriy Fomichenko. I wanted to know if you have a list like this for fix and flip homes. All I see is the normal 12% and 3-45 points. Would love to find cheaper money.
Thanks again
Noam Adler, almost 9 years ago
@Noam Adler, I'm sorry but I don't have a list of lenders for flippers. My specialty are self-directed IRAs and 401Ks, and with those financing would have to be non-recourse specifically, the lenders on this list are providing such financing.
10-12% for flips with few points in pretty much the norm, not sure if you can find something that is much better. What you could try is if you know someone with funds in their IRA that are getting 1% or less in a CD and you will offer them 6% secured by real property - they might be willing to lend to you (this would require self-directed IRA).
Dmitriy Fomichenko, almost 9 years ago
How do I get Peak on this list? @Dmitriy Fomichenko
80% LTC and up to 65% LTV. 30 year terms. Rehabs are fine. No minimum loan amounts (but LTVs are tiered down for smaller loans). Rates from 7.75%
Dustin Lauer, almost 9 years ago
@Dustin Lauer, are you providing non-recourse loans to IRAs and 401Ks?
Dmitriy Fomichenko, almost 9 years ago
@Dmitriy Fomichenko Yes non-recourse lending to retirement accounts since 2008! Rehabs, turn key rentals, refinances, rehab to perm loans, resale to perm loans (30 year loans even for clients planning to resale). No mimimum loan amount and rates as low as 7.75% (full 30 year terms, fully amortized). We need to also get Sense Financial on our website. Please email me about that. Website listing at Peak Loan Programs
Dustin Lauer, almost 9 years ago
Great Dustin, I'll have Vanessa, our marketing manager contact you to coordinate all of the details.
Dmitriy Fomichenko, almost 9 years ago
Thank you for sharing!
Elisa Waldman, almost 9 years ago
You welcome!
Dmitriy Fomichenko, almost 9 years ago
this is awesome @Dmitriy Fomichenko! Thanks for putting this together!
Brandon Turner, almost 9 years ago
Your are welcome @Brandon Turner! I'm glad you found it useful.
Dmitriy Fomichenko, almost 9 years ago