Anchor Loans is a California based Hard Money Lender. They provide loans in 46 states throughout the US. They are the largest Fix-and-Flip lender in the U.S. lending over $6 Billion life-to-date in total loan volume to real estate ...
Bridge Loans in Fremont, Michigan
We found 34 results for hard money bridge lenders operating in Fremont, MI. The median loan amount in this city is $297,143. The median rate for loans in Fremont is 10.8%. The typical term for notes is 21 months. The average points charged for loans is 2.3%. Lenders offer on average a 78% loan to value (LTV) on loans in Fremont.
Loan Example 1
Carmen closes on a $200,000 rehab project in Fremont, MI, using a private money bridge loan from Mountain Rock Funding . The loan-to-value (LTV) on the loan is 60%. This means that Carmen will need to bring 40% of the sales price to closing and the principle amount will be $120,000 on the note. The terms of the note also include a three percent origination fee which will be paid at closing and a 6 month, interest-only note with a 9% interest rate.
On top of the $3,600 origination fee, Carmen will also need to fund $80,000 of the purchase with her own money, or 40% of the sales price. Once the loan is closed and Carmen takes on the project, she will begin making payments each month of $900 to Mountain Rock Funding ($120,000 principle x 9% / 12 months). Carmen 's plan is to finish the rehab within the 6 months and sell it for $300,000. If she succeeds she will make a gross profit of $91,000 ($300,000 price - $120,000 principle amount - $80,000 cash at closing - $3,600 origination fee - $5,400 in total interest paid.
Loan Example 2
Jean takes out a hard money bridge loan from North Shore Investments so she can rehab a townhouse to resell in Fremont, MI. The loan has the following terms:
$250,000 purchase price
55% loan to value (LTV)
6 month term
14% interest rate
2% origination fee
If Jean achieves her goal of a $362,500 sales price, the final numbers of the deal would be the following:
$362,500 sales price
- $137,500 principle (55% LTV)
- $112,500 down payment (45% on 55% LTV)
- $2,750 origination points (2% of the $137,500 principle)
- $9,625 interest payments (6 months x 14% interest)
-----------------------
= $100,125 gross profit (doesn't include taxes or renovation costs)
LendingHome Corporation is a San Francisco, CA based private money lender providing loans in 25 states throughout the United States. They provide buy and hold loans, short term loans, and fix and flip loans. They issue ...
Secured Investment Lending is private lender headquartered in Lake Mary, FL. They provide funding in 49 states throughout the country. They provide lending solutions for a variety of scenarios, including short term bridge loans, commercial loans, cash ...
Visio Lending is a hard money lender based in Austin, TX providing loans in 39 states throughout the United States. They provide short term bridge loans, commercial loans, and fix-and-flip hard money loans. They provide rates ...
Patch of Land is an asset-based lender based in Los Angeles, CA offering funding all throughout the US. They offer short term bridge loans, private commercial loans, long term rental property loans, refinancing, and fix and flip loans. ...
Temple View Capital is private lender headquartered in Bethesda, MD. They provide loans in 20 states throughout the US. They provide short term fix and flip loans, cash out loans, private commercial loans, loans for rental properties, ...
Capstone Financial is a Scottsdale, AZ based hard money lender who provides loans all across the US. They provide lending solutions for a variety of needs and situations, including cash out loans, fix and flip hard money loans, short ...
Gokapital Mortgage is a Miami, FL based private lender who provides funding all throughout the US. They provide lending solutions for a variety of situations, including loans for rental properties, cash out hard money loans, fix-and-flip loans, hard money ...
Primeau Funding is hard money lender based in Scottsale, AZ. They provide loans across the United States. They provide short term bridge loans, ground up construction loans, commercial loans, and fix-and-flip hard money loans. They ...
Global Capital Partners is a New York, NY based private lender. They provide funding across the US. They offer hard money bridge loans, hard money construction loans, refinancing, fix-and-flip loans, hard money loans for commercial properties, and ...
Cherrywood Commercial is a Diamnond Bar, CA based private money lender who provides loans in 48 states throughout the United States. They provide lending solutions for many different situations, including short term bridge loans and commercial hard money loans. ...
Dr Daniels and Son is hard money lender headquartered in Bloomfield Hills, MA. They offer funding throughout Michigan. They offer lending solutions for many different scenarios, including commercial loans, bridge loans, and fix-and-flip loans. They ...
Sharestates is a Great Neck, NY based hard money lender. They provide loans in 46 states across the US. They offer lending solutions for a variety of needs and situations, including hard money loans for commercial properties, fix ...
Headquartered in Long Beach, NY, NLDS Corp is a private lender providing funding in 32 states throughout the US. They offer lending solutions for a variety of scenarios, including hard money bridge loans, fix-and-flip hard money loans, investment property ...
Based in Colorado Springs, CO, Red Rock Capital is a private money lender providing loans in 42 states across the United States. They offer construction loans, bridge loans, fix-and-flip loans, and loans for investments properties. Their loan ...
Grand River USA is private money lender based in Novi, MI. They offer loans throughout Michigan. They offer lending solutions for a variety of needs and situations, including hard money bridge loans and commercial hard money loans. ...
Headquartered in Neenah, WI, Peak Choice Capital is a private lender providing funding in 45 states throughout the US. They offer short term bridge loans, buy and hold loans, cash out loans, fix-and-flip loans, and private commercial loans. ...
T&M Commercial Funding is an Auburn, ME based private lender who provides loans in 47 states across the US. They provide lending solutions for a variety of situations and needs, including bridge loans and commercial hard money loans. ...
LendingOne is a Boca Raton, FL based private money lender. They provide loans in 41 states throughout the country. They provide loans for investments properties, short term loans, and short term fix and flip loans. They ...
Aero Capital Finance is a Kissimmee, FL based private lender. They provide loans in 18 states throughout the United States. They offer loans for a variety of scenarios, including private refinancing, fix and flip loans, hard money loans ...
Headquartered in Miami Beach, FL, YC Funding is an asset-based lender offering loans in 23 states across the United States. They offer construction loans, cash out loans, buy and hold loans, short term bridge loans, fix and flip hard ...
Asset Avenue
1100 Glendon Ave, 18th Floor
Los Angeles, CA 90024
Asset Avenue is private money lender based in Los Angeles, CA. They provide loans in 44 states across the United States. They provide loans for a variety of needs and situations, including short term loans, investment property ...
ICG10 Capital is private lender headquartered in Aventura, FL. They offer loans in 44 states throughout the United States. They offer loans for many different scenarios, including short term loans, buy and hold loans, short term fix ...
ARC Capital is a Santa Rosa, CA based private lender providing funding in 17 states throughout the country. They offer long term rental property loans, bridge loans, hard money loans for commercial properties, and short term fix and ...
Allied Commercial Funding is private lender headquartered in Agoura Hills, CA. They provide funding in 43 states throughout the US. They provide lending solutions for a variety of situations and needs, including hard money loans for commercial ...
Render Capital Group is a Hobart, IN based hard money lender. They offer loans in 15 states across the country. They offer loans for a variety of scenarios, including commercial hard money loans, hard money bridge loans, ...
Island View Private Loan Fund is a hard money lender based in Colorado Springs, CO offering funding in 42 states across the US. They offer lending solutions for a variety of situations and needs, including fix and flip hard ...
Sunset Equity Funding is a hard money lender based in Los Angeles, California. They issue loans in all states except for Alaska, North Dakota, and South Dakota. Their loan offerings include purchase loans, fix and flip loans, new ...
Headquartered in New York, NY, Roc Capital is a hard money lender offering loans all across the United States. They offer fix-and-flip loans, private refinancing, hard money bridge loans, and commercial hard money loans. Their loan guidelines ...
Miner Capital Funding is private money lender based in Belleville, IL. They offer funding all across the US. They offer ground up construction loans, hard money refinancing, long term rental property loans, private commercial loans, short term ...
Aspen Capital Funding is a Beaverton, OR based hard money lender offering funding all across the country. They provide hard money bridge loans, commercial loans, and hard money construction loans. They offer loan amounts ranging from ...
Nova Bridge Capital is a private money lender headquartered in New York, NY offering funding throughout the country. They provide rental property loans, cash out loans, fix-and-flip hard money loans, short term loans, and commercial hard money loans. ...
Commercial Business Lenders is a Greensboro, NC based hard money lender. They provide loans all across the US. They offer bridge loans and hard money loans for commercial properties. Their lending parameters are flexible, including rates ...
Based in Tempe, AZ, Dividend America is an asset-based lender providing loans across the country. They offer lending solutions for a variety of situations, including hard money refinancing, commercial hard money loans, and short term bridge loans. ...
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