Red Dirt Lending is an Oklahoma City, OK based private money lender. They offer loans throughout Minneapolis, St Paul, Oklahoma City, and Tulsa. They offer loans for a variety of needs and situations, including loans for rental ...
Investment Property Loans in Savage, Minnesota
We found 25 records for investment property hard money lenders serving Savage, MN. In this city, the mean amount loaned is $301,786. Rates on hard money loans made to Savage investors average 10.7%. The typical term offered for loans is 26 months. The average loan issued in the city includes a 3.0 point origination charge. The mean loan-to-value offered for loans in Savage is 73%.
Loan Example 1
Ann decides to purchase a rental property in Savage, MN which costs $230,000. Because she doesn't have enough funds for the purchase and is not able to get a bank loan, she gets a private money loan from East Shore Finance Corporation . Based on a 75% loan to value (LTV) agreed to by the borrower and lender, Ann will need to fund the remaining 25% with her own cash. The deal additionally lays out a 1 year note with interest only payments at 8%, and a 4% origination fee. Ann will have to fund $57,500 of her own money upon the close of the loan (due to the 75% LTV) along with the $6,900 in origination fees (4% x the $172,500 loan principle), plus she will also start making payments of $1,150 monthly after the deal is closed.
Loan Example 2
Hannah wants to buy a rental property in Savage, MN that is listed for $350,000. Since she doesn't have enough cash for the purchase and is not able to secure a loan from a bank, she obtains a private money loan from Success Funding Group . Since there is a 70% loan-to-value (LTV) agreed to by the lender and borrower, Hannah will have to put down the remaining 30% with her own cash. The other parameters of the loan are as follows: 1) a 5 year, interest-only note, 2) a 13% interest rate, and 3) a 3 point origination fee paid when the deal closes. According to this deal, Hannah will be required to put down $105,000 of her own cash in the deal along with the $7,350 origination fee (3% x $245,000 principle loan). She will also be required to pay $2,654 per month in interest.
Headquartered in Wheat Ridge, CO, Pine Financial Group is a private money lender offering loans in Colorado and Minnesota. They offer fix and flip loans, short term loans, and long term rental property loans. Their loan guidelines ...
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, ...
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. ...
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 ...
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 ...
Money Source of America is a Jacksonville, FL based private lender. They provide funding throughout the United States. They offer long term rental property loans, fix-and-flip loans, cash out hard money loans, ground-up construction loans, hard money bridge ...
Asset Avenue
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 ...
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 ...
Source Capital is an asset-based lender headquartered in Los Angeles, CA offering loans in California, Arizona, and Minnesota. They provide loans for a variety of situations and needs, including bridge loans, fix-and-flip loans, hard money refinancing, and ...
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. ...
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 ...
ICG10 Capital is private lender headquartered in Aventura, FL. They offer loans in 44 states throughout the United States. They offer loans for many different scenarios, including short term loans, buy and hold loans, short term fix ...
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 ...
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. ...
LendingOne is a Boca Raton, FL based private money lender. They provide loans in 41 states throughout the country. They provide loans for investments properties, short term loans, and short term fix and flip loans. They ...
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 ...
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 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 ...
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. ...
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 ...
Brisco Funding is an asset-based lender in Chappaqua, NY providing funding throughout the US. They offer lending solutions for many different situations and needs, including construction loans, buy and hold loans, short term loans, and short term fix ...
Corevest is an Irvine, CA based private lender. They provide funding all across the United States. They provide loans for investments properties, refinancing, bridge loans, and fix and flip hard money loans. Their loan parameters are ...
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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