Private Money
Novak Financial
Novak Financial, Inc., based in the Baltimore area (Owings Mills, MD), is a private non-bank lender providing hard money loans tailored for real estate investors, focusing on short-term financing for property renovations, fix-and-flip projects, and construction to help maximize investor profits through quick, asset-based funding.
Key Statistics
As of June 2026, public records show Novak Financial has originated approximately $4.1M in loan volume over the past 12 months, with an average loan size of $183k.
Volume (12mo)
$4.1M
Avg Loan Size
$183k
Total Mortgages
570
Total Borrowers
200
Lending Entities
Novak Financial funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.
350 mortgages recorded
93 mortgages recorded
51 mortgages recorded
35 mortgages recorded
+34 more entities not shown
Geography
Novak Financial's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.
Mortgages (12mo): 13
Volume (12mo): $3.4M
Total Volume: $75.1M
Mortgages (12mo): 1
Volume (12mo): $66k
Total Volume: $1.9M
Mortgages (12mo): 1
Volume (12mo): $600k
Total Volume: $4.1M
Top Borrowers
The following individuals have the most recorded mortgage transactions with Novak Financial. Click on a borrower to view their full investor profile.
75 mortgages · NJ
72 mortgages · NJ
34 mortgages · NJ
+197 more borrowers not shown
FAQ
What type of lender is Novak Financial?
Novak Financial is classified as an private money based on our research. The majority of their loans (70%) are for business purposes.
What entities does Novak Financial fund loans under?
Novak Financial originates mortgages through 38 different lending entities. The most common include Novak Financial, Worthington Alternative Capita, and Worthington Alternative Cap Ll. These are the legal entity names that appear on recorded mortgage documents.
Where is Novak Financial most active?
Based on recorded mortgages, Novak Financial is most active in Maryland, Illinois, and Pennsylvania.
How many loans has Novak Financial originated?
Public records show 570 mortgages recorded for Novak Financial, with $4.1M in volume over the past 12 months.
What is the average loan size for Novak Financial?
The average mortgage size for Novak Financial is $183k based on all recorded mortgages.
Does Novak Financial offer short-term loans?
Yes, 91% of Novak Financial'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.