Kentucky Refinance / Cash Out Loans
Kentucky has 17 private money lenders serving the state. Note amounts average around $297,637. The average interest rate for private loans in Kentucky is 9.9%. 34 months is the average term for loans made in this state. The mean origination fee charged on the loans is 3.0%. 74% is the average loan-to-value (LTV) for offered by lenders in Kentucky.
Loan Example 1
Christi operates a business in Bowling Green, KY. She runs her operations from an industrial building that she owns outright. She decides she needs some funding for her business's operations but she is refused by her local bank for a cash out refi loan, so she goes to XYZ Investment Group for a private money refi. The lender performs a market comparison and estimates the real estate to be valued at $1,900,000. They decide to loan Christi 40% of the market value (the LTV). The lender will start collecting interest-only payments for a 1 year period. Additionally, they will be paid 4 points when the deal closes and will get the principle returned in a balloon payment when the note expires. Christi will receive $729,600 in cash from XYZ Investment Group when the transaction is executed ($1,900,000 market value x 40% loan to value - $30,400 in origination points). She will then make monthly payments of $5,067 for the 1 year duration of the note. She will then make one final balloon payment of $760,000 to close the debt.
Loan Example 2
Caitlin owns a an industrial building she uses for her business's operations in Bowling Green, KY. She determines she needs some funds for her business's operation but is refused by her bank for a cash-out refinance, so she goes to BCC Finance Group for a private money refinance. The lender carries out a market value analysis and conculdes the real estate to be worth around $700,000. They will loan Caitlin 60% of this market value (the LTV). The lender will deduct 5 origination points when the transaction closes and then be paid interest only payments at 13% for 4 years. The principle is to be repaid in one balloon sum when the loan expires. By the stipulations of the deal, BCC Finance Group will loan Caitlin a total of $399,000 on her building ($700,000 value x 60% LTV - $21,000 in origination charges). Caitlin will pay $4,550 monthly in interest payments until the loan expires and will finally re-pay the $420,000 face amount of the loan.
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 the ability to tailor financing options to a client's individual needs have made Global Capital Partners a household name in New York's commercial lending industry. Global Capital Partners has 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 $6.6 Billion life-to-date in total loan volume to real estate ...
Direct Lending Partner
701 W Broad Street, Suite 200
Bethlehem, PA 18018
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, ...
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. ...
Aero Capital Finance
439 W Vine St
Kissimmee, FL 34741
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 ...
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 ...
11 Middle Neck Road Suite 314
Great Neck, NY 11021
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 ...
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. ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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. ...