Iowa Refinance / Cash Out Loans
We found 18 records for private money refi lenders operating in Iowa. Note amounts average approximately $297,778. Rates for private loans average about 10.0%. 36 months is the mean term for loans offered in this state. The average loan includes a 3.2 point origination fee. The typical loan-to-value for loans in Iowa is 74%.
Loan Example 1
Corrine operates a business in Clinton, IA. She runs her operation out of a retail space which she owns in full. She makes a deal with her partner to buy out their piece of the enterprise but she doesn't have the cash on hand to do so. To make the transaction move forward, she takes money out of the equity she has in the property via a hard money cash-out refi loan from City Investment Group. The lender agrees to fund 60% of the value of the real estate (LTV) for a deed of trust and they estimate it to be worth around $1,500,000. They also settle on a 10% rate of interest, a 3 year loan term, and will charge an origination fee of 1 points at the closing. Interest only payments will be made each month with the principle re-paid when the loan expires. Based upon the parameters of the loan, City Investment Group will loan Corrine a total of $891,000 on her building ($1,500,000 market value x 60% loan to value - $9,000 in origination fees). Corrine will pay $7,500 per month in interest payments until the loan expires and will then return the $900,000 principle amount on the loan.
Loan Example 2
Matthew owns and operates a company in Clinton, IA. He runs his operation from a building which he owns in full. He comes to an arrangement with his business partner to purchase their piece of the operation but he doesn't have the personal funds for the deal. To make the transaction happen, he takes cash from the equity in his building through a private money cash-out refi loan through Top Notch Lending Company. After deeming the real estate to be valued at approximately $1,900,000, the lender agrees to a 55% loan-to-value (LTV) for the transaction. Additionally, they settle on a 10% interest rate, a 5 year term, and will collect an origination fee of 5 points at closing. Interest only payments are to be paid each month with the principle to be re-paid when the note matures. Matthew receives $992,750 in cash from Top Notch Lending Company when the loan is closed ($1,900,000 estimated value x 55% LTV - $52,250 in origination charges). He will then begin making payments each month of $8,708 for the 5 year length of the note. He will also make a final payment of $1,045,000 to close the debt.
Based in Delray Beach, Gelt Financial since 1989 is a private money lender offering commercial non bank mortgages national. We offer loans for many different situations and needs, including rental property loans, private commercial loans, fix-and-flip hard money loans, hard ...
Global Capital Partners
274 Madison Avenue, Suite 901
New York, NY 10016
A diverse portfolio of lending services, an experienced in-house underwriting staff, and theability to tailor financing options to a client's individual needs have made Global CapitalPartners a household name in New York's commercial lending industry. Global Capital Partnershas long provided ...
5230 Las Virgenes Rd, Suite 105
Calabasas, CA 91302
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 $7.1 Billion life-to-date in total loan volume to real estate investors. ...
75 Gerber Road East
South Windsor, CT 06074
Headquartered in South Windsor, CT, RCN Capital is national, direct, private lender providing funding in 44 states across the country.Established in 2010, we provide short-term and long-term commercial loans ranging from $50k to $2.5M+ for the purchase of non-owner occupied ...
Secured Investment Lending
1485 International Parkway, Suite 1031
Lake Mary, FL 32746
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 ...
Temple View Capital
7500 Old Georgetown Road, Suite 1375
Bethesda, MD 20814
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, ...
Patch of Land
15000 Ventura Blvd Ste 202
Sherman Oaks, CA 91403
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. ...
Lima One Capital
201 East McBee Ave, Suite 300
Greenville, SC 29601
Lima One Capital is a hard money lender based in Greenville, SC providing loans in 40 states across the US. They offer loans for many different scenarios, including fix-and-flip hard money loans, construction loans, refinancing, and investment property ...
7200 N. MoPac, Suite 100
Austin, TX 78731
Stronghill Capital is an Austin, TX based national lender specializing in small balance commercial and investment residential loans. They offer funding in most states and deliver tailored and flexible lending options to their clients that best meets their goals. Their ...
Sunset Equity Funding
3435 Wilshire #1840
Los Angeles, CA 90010
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 ...
11 Middle Neck Road Suite 314
Great Neck, NY 11021
Sharestates is a private, hard money lender in 46 states across the US. We offer financing solutions for a variety of needs and situations, including hard money loans for commercial properties, residential fix and flips, ground up construction, and long ...
100 Lanidex Plaza
Parsippany, NJ 07054
Stratton Equities is the Nationwide leading hard money lender. We are passionate about helping small business owners, contractors, and Real Estate investors, swiftly and efficiently finance their investment goals. We customize our hard money loan programs for each unique project ...
JCAP Private Lending
3151 Airway Ave, Suite Q3
Newport Beach, CA 92626
Jcap is a Newport Beach, CA based direct lender who closes and services investor funded short-term real estate loans. They provide loans in 43 states. They offer private refinancing, fix-and-flip hard money loans, investment property loans and more. Their loan ...
207 Mockingbird Ln, #402
Johnson City, TN 37604
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 ...
Peak Choice Capital
144 N Western Avenue Buidling D
Neenah, WI 54956
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. ...
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 ...
Bridge Well Capital
496 Delaney Ave #408
Orlando, FL 32801
Bridge Well Capital is a hard money lender in Orlando, FL offering funding in 40 states throughout the United States. They provide loans for investments properties, cash out hard money loans, and fix-and-flip hard money loans. Their ...
Investor Rehab Funding
1995 North Park Place SE, Suite 415
Atlanta, GA 30339
Investor Rehab Funding is hard money lender headquartered in Atlanta, GA. They provide loans in 40 states throughout the US. They offer fix-and-flip hard money loans, private refinancing, investment property loans, and new construction loans. ...