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Private Money

Cove Lending

Cove Lending is a non-bank lender specializing in asset-based financing for real estate investors, offering loans for fix-and-flip, rehab, and building projects to help navigate investment strategies.

Key Statistics

As of June 2026, public records show Cove Lending has originated approximately $11.8M in loan volume over the past 12 months, with an average loan size of $218k.

Volume (12mo)

$11.8M

Avg Loan Size

$218k

Total Mortgages

84

Total Borrowers

31

Lending Entities

Cove Lending funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.

Cove Lending

84 mortgages recorded

Geography

Cove Lending's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.

#1Minnesota

Mortgages (12mo): 50

Volume (12mo): $11.3M

Total Volume: $17.0M

#2Illinois

Mortgages (12mo): 3

Volume (12mo): $498k

Total Volume: $1.3M

Top Borrowers

The following individuals have the most recorded mortgage transactions with Cove Lending. Click on a borrower to view their full investor profile.

+28 more borrowers not shown

FAQ

What type of lender is Cove Lending?

Cove Lending is classified as an private money based on our research. The majority of their loans (99%) are for business purposes.

What entities does Cove Lending fund loans under?

Cove Lending originates mortgages through 1 different lending entities. The most common include Cove Lending. These are the legal entity names that appear on recorded mortgage documents.

Where is Cove Lending most active?

Based on recorded mortgages, Cove Lending is most active in Minnesota and Illinois.

How many loans has Cove Lending originated?

Public records show 84 mortgages recorded for Cove Lending, with $11.8M in volume over the past 12 months.

What is the average loan size for Cove Lending?

The average mortgage size for Cove Lending is $218k based on all recorded mortgages.

Does Cove Lending offer short-term loans?

Yes, 100% of Cove Lending's loans are short-term (typically bridge loans or construction financing).

How is this data collected?

Elementix aggregates mortgage data from public county records across the United States. We use AI to normalize lender names, identify aliases, and connect borrowers to their lending relationships.