Ohio Refinance / Cash Out Loans
There are 23 search results for private money refinance lenders in Ohio. The average note issued is around $299,068. The average rate for private loans in Ohio is 10.6%. 31 months is the average term for loans made in this state. The mean origination percentage applied to loans is 3.2%. Lenders typically offer a 74% loan to value on loans in Ohio.
Loan Example 1
Kim is a business owner in Ashtabula, OH and she owns an office building for her operation. She decides she requires funds for her business operation but she is rejected by her credit union for a cash-out refinance loan, so she looks to Boom Funding for a private money refi. The lender will fund 60% of the estimated value of the real estate (LTV) in exchange for a deed of trust and they decide it to be valued at approximately $1,900,000. The additional rules of the loan are the following : 1) a 14% interest rate, 2) a 3 year term with interest only payments paid monthly, and 3) 1 points charged at the close. Kim will receive $1,128,600 in cash from Boom Funding when the deal closes ($1,900,000 estimated value x 60% LTV - $11,400 in origination fees). She will then make payments each month in the amount of $13,300 for the 3 year duration of the note. She will also make one final payment of $1,140,000 to retire the debt.
Loan Example 2
Kristine owns a an industrial building for her company's operations in Ashtabula, OH. She determines she needs some funding for her company's operation but is denied by her bank for a cash out refi loan, so she goes to Red Oak Investment Group for a hard money refinance. After estimating the building to be worth around $2,400,000, they contract to a 55% loan to value (LTV) on the loan. The additional rules of the loan are the following : 1) a 14% interest rate, 2) a 4 year term with interest-only payments made monthly, and 3) 4 points charged at closing. The principle will be $1,320,000 but Red Oak Investment Group will fund Kristine $1,267,200 after subtracting the origination points of $52,800. Additionally, they will collect $15,400 in monthly interest payments until they are paid back when the loan matures.
Layla Capital is a direct, private bridge lender headquartered in New York, NY, and focused on making loans all around the East Coast and other major cities throughout the continental U.S. Layla provides loans ranging from $750,000 to $15,000,000 on property ...
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 ...
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. ...
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, ...
Hilton Financial Corporation
11024 N. 28th Drive Suite 170
Phoenix, AZ 85029
Hilton Financial Corporation is an asset-based lender headquartered in Phoenix, AZ offering loans in Arizona, Utah, Colorado, Ohio, and Hawaii. They offer loans for a variety of situations, including fix-and-flip hard money loans, bridge loans, builder loans, hard ...
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 ...
ReCasa Financial Group
130 East Chestnut St., Suite 200
Columbus, OH 43215
ReCasa Financial Group is a Columbus, OH based private money lender providing funding in 9 states across the US. They provide lending solutions for many different needs and situations, including hard money bridge loans, private commercial loans, refinancing, ...
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 ...
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. ...
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 ...
Rental Home Financing
9465 Counselors Way, Suite 200
Indianapolis, IN 46240
Rental Home Financing is a private money lender headquartered in Indianapolis, IN offering funding in 26 states across the country. They provide lending solutions for a variety of scenarios, including refinancing, fix-and-flip loans, and loans for investments properties. ...
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 ...
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 ...
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 ...
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 ...
1010 NE 2nd Ave
Miami Beach, FL 33132
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 ...
5600 Arapahoe Ave
Boulder, CO 80303
Resolve Funding is a Boulder, CO based private lender who provides funding in 18 states across the US. They offer hard money bridge loans, fix-and-flip hard money loans, cash out loans, and commercial loans. Their lending guidelines ...
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 ...