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 ...
Investment Property Loans in Jamestown, North Dakota
Jamestown, ND has 16 investment property lenders operating in the city. In this city, the average amount loaned is $338,500. Rates for loans average 10.0%. The mean loan issued in the city has a length of 76 months. The mean origination fee for the loans is 2.9 percent. The average loan-to-value (LTV) for loans in Jamestown is 76%.
Loan Example 1
Caroline decides to purchase a rental property in Jamestown, ND which costs $150,000. Since she doesn't have enough cash for the acquisition and cannot get a bank loan, she takes out a hard money loan from Perfect Investments . The lender decides to loan Caroline 70% of the sales price of the investment property (LTV), so she will have to pay the other 30%. According to the terms of the loan, the note will be for 1 years at 9% interest. An origination fee of 2% will be paid at closing and Caroline will then make interest only payments with a balloon payment of the loan principle due when the note expires. According to this scenario, Caroline will make these payments: 1) $45,000 down when the deal closes (due to the 70% LTV), 2) $2,100 in origination points (2% x the $105,000 principle), and 3) $788 per month in interest payments.
Loan Example 2
Dorothea wants to buy an investment property in Jamestown, ND for $250,000 using a private money loan from Deep Lake Funding Group . The lender agrees to loan Dorothea 70% of the sales price of the property (LTV), so she will have to fund the remaining 30%. The other terms of the loan are the following: 1) a 1 year, interest only loan, 2) a 13% interest rate, and 3) a 3 point origination fee paid at the closing. By this scenario, Dorothea will have to put $75,000 of her own funds in the deal along with the $5,250 origination fee (3% x $175,000 principle loan). She will then have to make interest payments of $1,896 per month.
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. ...
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. ...
Based in Hamilton, NJ, Creative Hard Money LLC is a private lender offering loans throughout the United States. They provide loans for many different scenarios, including fix and flip loans, cash out hard money loans, rental property loans, ground-up ...
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 ...
Next-Financing is based in Scottsdale, Arizona and has a satellite office in Silicon Valley, California. They offer a wide array of financing options for businesses, including fix and flip loans and loans for rental properties. They lend on ...
Headquartered in South Windsor, CT, RCN Capital is a hard money lender providing funding in 47 states across the country. They provide loans for many different scenarios, including cash out loans, fix-and-flip hard money loans, commercial hard money loans, ...
Based in Coeur d'Alene, IA, COGO Capital is an asset-based lender providing loans in 45 states throughout the US. They provide private commercial loans, fix-and-flip loans, and loans for investments properties. Their loan guidelines are flexible, including ...
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. ...
Miner Capital Funding is private money lender based in Belleville, IL. They offer funding all across the US. They offer ground up construction loans, hard money refinancing, long term rental property loans, private commercial loans, short term ...
Based in Water Mill, NY, Hamptons Financial is a hard money lender offering funding throughout the United States. They offer short term fix and flip loans, private commercial loans, new construction loans, hard money refinancing, bridge loans, and ...
Private Mortgage Financing Partners is a private lender in Magnolia, TX providing loans all throughout the United States. They provide investment property loans, fix and flip hard money loans, and commercial hard money loans. Their lending parameters ...
Based in Irvine, CA, 5 Arch Funding is a hard money lender providing loans across the United States. They provide loans for a variety of situations and needs, including loans for investments properties, fix-and-flip loans, and commercial loans. ...
Brookview Financial is hard money lender headquartered in Hamden, CT. They offer funding all across the United States. They offer lending solutions for many different needs and situations, including short term fix and flip loans, commercial loans, ...
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