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 Hudson, Wisconsin
Hudson, WI has 31 hard money bridge lenders offering loans within the city. The mean note made is around $295,313. Interest rates on loans issued to Hudson borrowers average about 10.6%. The typical note issued in this city has a term of 18 months. The mean origination percentage applied to the loans is 2.6%. Lenders offer on average a 69% loan-to-value (LTV) on loans in Hudson.
Loan Example 1
Lynne closes on a $210,000 renovation project in Hudson, WI, using a hard money bridge loan from Sunrise Investment Company . The borrower will have to bring 35% of the sales price in cash to the closing based on a 65% loan-to-value set by the lender. This makes the principle amount from Sunrise Investment Company $136,500. The terms of the deal also stipulate a four percent origination fee which will be paid at the closing and a 12 month, interest only note with a 10% rate of interest.
Lynne will need to contribute a total of $32,400 up front to cover the $73,500 down payment plus the $5,460 origination fee. Once the loan closes, she will pay the lender $1,138 in monthly interest fees, or 10% times $136,500 divided by 12 months in a year. Lynne 's plan is to finish the house within the 12 months and sell it for $315,000. If she succeeds she will make a profit of $85,890 ($315,000 price - $136,500 principle amount - $73,500 cash paid at closing - $5,460 origination fee - $13,650 in interest.
Loan Example 2
Cindy takes out a hard money bridge loan from Progressive Lending Corporation in order to remodel a property to resell in Hudson, WI. The deal has the following parameters:
a) A $210,000 purchase price, b) a 70% loan-to-value (LTV), c) a 12 month term, d) a 12% interest rate, and e) a 2% origination fee.
Assuming a $252,000 sales price at the end of the 12 month term, the outcome for the deal would look like this:
$252,000 sales price
- $147,000 note principle (70% LTV)
- $63,000 down payment (30% on 70% LTV)
- $2,940 origination fee (2% of the $147,000 principle amount)
- $17,640 total interest paid (12 months x 12% interest)
-----------------------
= $21,420 total profit (doesn't include taxes or rehab costs)
Direct Lending Partners originates short-term real estate loans for the purpose of acquiring and renovating distressed residential real estate in the states of AL, CO, CT, DC, DE, FL, GA, ID, IL, IN, KS, KY, LA, MD, MO, NC, NE, ...
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 ...
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 ...
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. ...
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 ...
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. ...
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 ...
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 ...
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 ...
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 ...
Based in Johnson City, TN, Riverdale Funding is a hard money lender offering loans in 37 states across the country. They provide lending solutions for a variety of scenarios, including loans for investments properties, commercial hard money loans, fix ...
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. ...
Bellwether Funding is a private money lender headquartered in Waukesha, WI offering loans in Wisconsin. They offer lending solutions for a variety of needs and situations, including private commercial loans and short term bridge loans. ...
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 ...
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 ...
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 ...
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 ...
TNS Loans is a Littleton, CO based hard money lender offering loans throughout Colorado, Kansas, Minnesota, Missouri, Oklahoma, Utah, and Wisconsin. They offer refinancing, commercial hard money loans, hard money bridge loans, new construction loans, and fix-and-flip ...
The Madison Group is a Heber City, UT based hard money lender. They provide loans throughout the United States. They provide lending solutions for many different situations, including commercial loans and bridge loans. They provide loan ...
Dominion Mortgage Corporation is a Los Angeles, CA based private money lender. They provide loans all throughout the country. They offer short term loans, refinancing, private commercial loans, and new construction loans. They provide rates ...
Commercial Funding Solutions is a Pittsburgh, PA based private money lender who provides funding all throughout the US. They offer commercial hard money loans and bridge loans. Their loan parameters are versatile, including rates ranging between 9% ...
Black Square is a hard money lender based in Salt Lake City, UT providing funding all throughout the United States. They offer lending solutions for a variety of situations, including bridge loans, fix and flip hard money loans, ...
Edward Voccola & Co is hard money lender based in Boston, MA. They provide funding all throughout the US. They provide lending solutions for a variety of scenarios, including builder loans, hard money bridge loans, and ...
Headquartered in Northbrook, IL, Barnett Capital LTD is a hard money lender offering loans throughout the US. They offer loans for a variety of scenarios, including commercial loans, hard money bridge loans, short term fix and flip loans, ...
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