MDN Capital Consulting

About MDN Capital Consulting

MDN Capital Consulting is an Irving, TX based hard money lender providing funding across the United States. They offer loans for many different needs and situations, including fix and flip hard money loans, ground up construction loans, private refinancing, short term bridge loans, and private commercial loans. Their lending parameters are versatile, including terms between 6 months and 3 years, loan amounts starting from $50,000 with a maximum LTV of 70%, and rates ranging between 8.99% and 12%. They provide loans on most property types, including single family units, multi-family, apartment buildings, office units, retail units, storage buildings, and mixed use.

Loan Types Offered: Fix and Flip Loans, Commercial Hard Money Loans, New Construction Loans, Refinance / Cash Out Loans, Bridge Loans

Property Types Covered: Single Family, Multi Family, Apartment, Office, Retail, Storage, Mixed Use

Areas Served: National

Lending Guidelines for MDN Capital Consulting

Below are the general loan guidelines published on the MDN Capital Consulting website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by MDN Capital Consulting.

Loan Example 1

Ruben closes on a $220,000 rehab project in San Bernardino, CA, using a fix-and-flip loan from MDN Capital Consulting. Since the lender sets a 60% loan-to-value, Ruben will have to put 40% down and the total amount of the note will be $132,000. The note is interest-only, paid monthly, and is for 12 months at 8% interest with 4 points to be paid at closing.

Ruben will need to bring $88,000 to the closing (40% on the 60% LTV), plus he will pay the $5,280 origination fee. he must then pay $880 per month to the lender. At the end of the note, he sells the rehabed house for $275,000. After deducting the $10,560 in interest payments ($880 multiplied times 12 months), the $5,280 origination fee, the $132,000 principle on the note, and the $88,000 he contributed to closing, he will make a gross profit of $39,160 ($275,000 sales price minus $235,840 in total costs). This profit would then be reduced by any building costs paid out of pocket.

Loan Example 2

Tommy is a an investor in Memphis, TN. He buys a run-down property for a renovation project and obtains a hard money loan from MDN Capital Consulting with the following paramters:

a) A $250,000 sales price, b) a 55% loan to value (LTV), c) a 12 month term, d) a 10% interest rate, and e) a 4% origination fee.

Tommy plans to sell the property at the end of the term for $325,000. If he achieves this goal, the final numbers will be as follows:

$325,000 sales price
- $137,500 loan principle (55% LTV)
- $112,500 down payment (45% on 55% LTV)
- $5,500 origination points (4% of the $137,500 principle amount)
- $13,750 total interest paid (12 months x 10% interest)
-----------------------
= $55,750 gross profit (does not include taxes or rehab costs)

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