All Purpose Lenders is a Hollywood, FL based private lender who offers loans in Hollywood. Their focus is mainly on hard money loans for commercial properties. Their loan guidelines are flexible, including loan amounts ranging from $1,000,000 ...
Hard Money Loans in Hollywood, Florida
There are 50 private money lenders operating in Hollywood, FL. The median note issued to borrowers is about $331,857. Rates on private loans issued to Hollywood investors average 12.2%. 25 months is the median length for loans made in this city. The mean note includes a 2.6 percent origination cost. The median loan to value (LTV) offered for loans in Hollywood is 71%.
Loan Example 1
Tom closes on a $310,000 renovation project in the Driftwood neighborhood of Hollywood, FL, using a private money loan from Assurance Investments . The borrower will have to fund 35% of the sales price in cash to the closing based on a 65% loan-to-value set by the lending company. This makes the loan principle from Assurance Investments $201,500. The terms of the loan dictate a 13% note for 12 months. They also require a 1 point origination fee, that will also need to be paid at closing.
On top of the $2,015 origination fee, Tom will also need to fund $108,500 of the purchase with his own cash, or 35% of the sales price. After the deal is closed and Tom takes over the project, he will begin making payments each month of $2,183 to Assurance Investments ($201,500 principle x 13% / 12 months). If Tom sells the project for $372,000 after 12 months, he would then make a total profit of $33,790 after deducting the original principle of $201,500, the cash paid at the close of $108,500, the origination points of $2,015, and the aggregate interest payments of $26,195. This profit doesn't include remodeling costs.
Loan Example 2
Francisco takes a loan from Prosper Lending Company in order to remodel a house to flip in the Driftwood subdivision of Hollywood, FL. The loan has the following terms:
a) A $380,000 purchase price, b) a 65% loan-to-value (LTV), c) a 18 month term, d) a 10% interest rate, and e) a 3% origination fee.
Assuming a $494,000 sales price after the 18 month term, the final numbers for this project would look like the following:
$494,000 sales price
- $247,000 principle (65% LTV)
- $133,000 down payment (35% on 65% LTV)
- $7,410 origination fee (3% of the $247,000 principle)
- $37,050 total interest paid (18 months x 10% interest)
-----------------------
= $69,540 total profit (does not include taxes or rehab costs)
Action Loan
Louisville, KY
Action Loan is a Louisville, KY based hard money lender who provides funding in Louisville and Fort Lauderdale. They provide loans for many different scenarios, including fix and flip loans, new construction loans, and commercial hard money loans. ...
Headquartered in West Palm Beach, FL, Insource Funding is a private lender offering loans throughout South Florida. They provide lending solutions for many different situations, including private refinancing, commercial hard money loans, fix-and-flip hard money loans, and short ...
Florida Mortgage Solutions Group is a Weston, FL based private money lender. They provide loans throughout South Florida. Their focus is primarily on long term rental property loans. Their lending guidelines are flexible, including terms up ...
Nationwide Mortgage is a hard money lender in Mission Viejo, CA offering loans in 17 states throughout the country. They provide lending solutions for a variety of situations, including hard money loans for commercial properties, fix and flip hard ...
LendingHome Corporation is a San Francisco, CA based private money lender providing loans in 25 states throughout the United States. They provide buy and hold loans, short term loans, and fix and flip loans. They issue ...
Brickell Financial is a private money lender based in Miami, FL offering loans throughout Florida. They offer lending solutions for a variety of situations, including hard money construction loans, private refinancing, short term bridge loans, long term rental property ...
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 ...
Carbon Capital is private lender based in Jacksonville, FL. They provide funding throughout Florida. They offer lending solutions for a variety of situations and needs, including commercial loans and fix and flip hard money loans. Their ...
The Legacy Group is a Colorado Springs, CO based private lender who offers loans in 8 states throughout the United States. Their lending focus is primarily on commercial hard money loans. They make loans ...
Prime Lenders is an asset-based lender in Weston, FL providing loans in Florida. Their focus is mainly on rental property loans. The focus of their lending is for single family homes and multi family.
Capital Funding Financial is a Parkland, FL based hard money lender providing funding throughout Florida. They offer hard money loans for commercial properties, refinancing, short term loans, and fix and flip hard money loans. They offer ...
Direct Lending Partner is a Bethlehem, PA based private lender. They provide loans throughout Boston, Providence, Pawtucket, Cranston, Warwick, and Central Falls. They offer fix-and-flip hard money loans, hard money bridge loans, buy and hold loans, ground ...
City Financial Mortgage
Coral Springs, FL
City Financial Mortgage is an asset-based lender in Coral Springs, FL offering loans in Florida. Their focus is primarily on fix and flip hard money loans. Their lending parameters are flexible, including rates starting at 8.5% ...
Based in Atlanta, GA, Angel Oak Prime Bridge is an asset-based lender offering loans throughout Georgia. They provide loans for many different scenarios, including fix-and-flip hard money loans, short term bridge loans, construction loans, and investment property loans. ...
Based in Boca Raton, FL, Lord Mortgage & Loan is a hard money lender providing funding in Florida. Their focus is primarily on fix and flip hard money loans. The focus of their lending ...
The Associates Home Loan of Florida is a Tampa, FL based private money lender. They offer funding in Florida. They provide lending solutions for a variety of scenarios, including hard money loans for commercial properties, short term fix ...
Based in Hollywood, FL, Transactional Funding is a hard money lender offering loans in Florida and Georgia. Their focus is mainly on short term fix and flip loans. They primarily offer loans for single ...
US Mortgage Lenders is a Hollywood, FL based private money lender. They provide funding in Florida and Georgia. They offer loans for many different needs and situations, including long term rental property loans, fix-and-flip loans, and commercial ...
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, ...
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 ...
Ocean Capital Lending is a Delray Beach, FL based private money lender who offers loans throughout Florida. Their focus is mainly on commercial loans. They will make loans on various types of properties, including ...
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 ...
NSB Financing is a Miami, FL based hard money lender. They offer loans in 10 states throughout the United States. They offer loans for many different situations and needs, including commercial hard money loans, hard money construction loans, ...
Fairfield Financial Services
Portland, OR
Fairfield Financial Services is private lender headquartered in Portland, OR. They provide funding in 11 states across the United States. They offer private commercial loans, hard money refinancing, fix-and-flip hard money loans, and short term bridge ...
Based in Rockville, MD, ACC Mortgage is a hard money lender offering loans in 16 states across the country. They offer fix and flip loans, commercial loans, private refinancing, and buy and hold loans. Their loan parameters ...
Headquartered in Lakehurst, NJ, Alpha Funding Solutions is a hard money lender providing funding throughout New Jersey, Connecticut, Pennsylvania, New York, Maryland, Delaware, and Florida. They offer hard money bridge loans, long term rental property loans, private commercial ...
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. ...
Headquartered in Albany, NY, CMN Funding is a hard money lender providing loans all across the US. Their lending focus is primarily on private commercial loans. They issue loan amounts starting at $2,000,000. They do not ...
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 ...
ABC Capital Investments is a Philadelphia, PA based private lender who offers loans all throughout the US. They provide lending solutions for many different scenarios, including long term rental property loans and short term fix and flip loans. ...
Headquartered in San Rafael, CA, Equity Coalition is a private lender offering loans throughout the US. They offer cash out hard money loans and commercial loans. They provide loan amounts ranging from $500,000 to $20,000,000, rates ...
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 ...
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 ...
Regent Capital Investment is a Hollywood, FL based private money lender who provides loans in Hollywood. Their lending focus is primarily on loans for investments properties. The focus of their loans is for single ...
Headquartered in Chicago, IL, Renovo Financial is an asset-based lender providing funding across these locations: Chicago, Milwaukee, Detroit, Indianapolis, Cleveland, Cincinnati, Columbus, Philadelphia, Atlanta, Orlando, Tampa, Miami, Austin, San Antonio, Houston, St Louis, and Kansas City. They provide ...
Falcon Americas Finance is a Coral Gables, FL based hard money lender. They provide funding throughout Miami. They offer lending solutions for many different situations, including bridge loans and hard money loans for commercial properties. They issue ...
Suncoast is a Boca Raton, FL based hard money lender. They provide loans in Boca Raton and Miami. Their focus is mainly on fix-and-flip loans. They primarily make loans on single family and ...
Hard Money Company is a Vienna, VA based private money lender. They offer funding in Miami, Fort Lauderdale, and Key West. They offer loans for many different situations, including fix and flip loans and short term bridge ...
HG Mortgage is a private money lender headquartered in Weston, FL providing funding in South Florida. Their lending focus is mainly on fix-and-flip loans. Their lending guidelines are versatile, including terms between 6 months and 3 years ...
York Funding is hard money lender based in Long Island, NY. They provide funding throughout South Florida. They provide ground-up construction loans, hard money refinancing, hard money loans for commercial properties, and short term fix and ...
CDC Financial Corp is a Davie, FL based hard money lender who offers loans in Broward County, Miami-Dade County, and Palm Beach County. They provide lending solutions for many different situations and needs, including investment property loans, commercial ...
Lend America Financial is a Cutler Bay, FL based private lender who provides funding throughout Broward County, Miami-Dade County, Palm Beach County, and Monroe County. They offer cash out hard money loans and hard money loans for commercial ...
First Pro Capital Inc is a hard money lender based in West Palm Beach, FL providing funding in Broward County, Miami-Dade County, and Palm Beach County. Their lending focus is primarily on commercial hard money loans. Their ...
RK Mortgage Group is a hard money lender headquartered in Hallandale Beach, FL providing loans across the following areas: Bay County, Brevard County, Broward County, Charlotte County, Clay County, Collier County, Duval County, Flagler County, Hillsborough County, Lee County, Manatee ...
Headquartered in Miami, FL, Diplomat Property Solutions is a hard money lender providing funding throughout Broward County, Miami-Dade County, Palm Beach County, and Monroe County. They provide lending solutions for many different situations and needs, including loans for ...
Miami Hard Money
Miami Beach, FL 33162
Miami Hard Money is a Miami Beach, FL based private lender. They provide loans in Miami-Dade County, Broward County, and Palm Beach County. They offer short term fix and flip loans and commercial loans. Their lending ...
London Financial is a Key Biscayne, FL based hard money lender. They offer loans in Broward County, Miami-Dade County, Palm Beach County, and Monroe County. They provide loans for a variety of scenarios, including hard money loans ...
Based in Huntingdon Valley, PA, Gelt Financial is a private money lender offering funding throughout Philadelphia. They offer loans for many different situations and needs, including rental property loans, private commercial loans, fix-and-flip hard money loans, hard money bridge ...
Monroe Funding Group is a Fort Lauderdale, FL based private money lender. They provide loans throughout the following areas: Hillsborough County, Manatee County, Sarasota County, Charlotte County, Lee County, Collier County, Monroe County, Miami-Dade County, Broward County, Palm Beach ...
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