Mississippi Refinance / Cash Out Loans
A total of 15 search results for private money refinance lenders were found in Mississippi. The average amount loaned in the state is $295,453. The average rate for private loans in Mississippi is 10.2%. The typical loan made in this state has a term of 33 months. The average origination for the loans is 3.1 percent. Lenders in Mississippi average a 73% loan-to-value on their loans.
Loan Example 1
Derek owns a a building he uses for his business's operations in Starkville, MS. So he can raise much needed funds to operate his company, he takes out some of the equity he has in his property via a private money cash-out refi loan from Pretty Perfect Investment Group . The lender agrees to loan 65% of the estimated value of the real estate (LTV) for a first position equity stake and they deem it to be worth around $2,900,000. The lender will start collecting interest only payments for a 5 year period. They will also be paid 2 points when the deal closes and will get the principle returned in a single balloon sum when the note matures. Based upon the stipulations of this loan scenario, Pretty Perfect Investment Group will give Derek a sum of $1,847,300 on his building ($2,900,000 market value x 65% loan-to-value - $37,700 in origination fees). Derek will then pay $17,279 monthly in interest fees until the note expires and will then re-pay the $1,885,000 principle of the note.
Loan Example 2
Leslie is an entrepreneur in Starkville, MS who owns a building for his operation. He makes a deal with his business partner to buy out their share of the company but he does not have enough personal cash for the deal. To make the transaction move forward, he takes money out of the equity he has in the building through a hard money cash out refinance loan from East End Finance Group . In exchange for a first position equity stake on the property, the lender will fund Leslie 70% of its $1,700,000 estimated market value. The lender will subtract 4 origination points when the deal closes and will collect interest only payments at 13% for 3 years. The principle will be paid back in a single balloon payment when the loan expires. Leslie receives $1,142,400 in cash from East End Finance Group when the loan is executed ($1,700,000 estimated value x 70% LTV - $47,600 in origination points). He will then begin making payments each month of $12,892 for the 3 year length of the loan. He will then make one final balloon payment of $1,190,000 to retire the debt.
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 ...
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. ...
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. ...
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 ...
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 ...
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 ...
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 ...
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 ...
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. ...
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 ...
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 ...
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 ...