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There are 44 results for new construction hard money lenders operating in Beverly, MA. The average note made is approximately $343,750. Interest rates on hard money loans issued to Beverly borrowers average about 12.3%. The typical term offered for loans is 14 months. The average origination percentage charged for loans is 2.9%. The average loan-to-value (LTV) offered for loans in Beverly is 70%.
Jon is an investor who wants to build a house on a land lot in Beverly, MA. On top of the $400,000 price of the land, Jon approximates he will have around $200,000 in construction costs to complete the house. Mountain Rock Finance Corporation will loan on the deal at a 80% loan to value (LTV) with a 11%, 6 month new construction loan with 3 origination points to be paid when the transaction closes. Jon is to receive the construction costs in draws and there will be no pre-payment penalty if he re-pays the loan before it expires. By the stipulations of this loan, Jon will have to pay $120,000 plus $14,400 in origination costs at the closing, then will start making $4,400 monthly payments. If Jon then sells the house for $810,000 he will earn a total profit of $169,200 after paying pack the loan principle and subtracting the origination expense and total interest.
Michael is a real estate investor in Beverly, MA. He decides to buy a vacant lot to build a new tri-plex. He takes a new construction loan from Big Money Investments with these terms:
If Michael succeeds in his goal of a $820,000 sale, the final numbers of the deal will be as follows:
$820,000 sales price
- $313,500 principle (55% LTV)
- $256,500 cash paid at closing (45% on 55% LTV)
- $15,675 origination fee (5% of the $313,500 principle amount)
- $34,485 interest payments (12 months x 11% interest)
-----------------------
= $199,840 total profit
274 Madison Avenue, Suite 901
New York, NY 10016
A diverse portfolio of lending services, an experienced in-house underwriting staff, and theability to tailor financing options to a client's individual needs have made Global CapitalPartners a household name in New York's commercial lending industry. Global Capital Partnershas 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 ...
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 ...
1101 Brickell Ave
Miami, FL 33131
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, ...
321 N Central Expressway, Suite 360
McKinney, TX 75070
Global Integrity Finance are commercial hard money lenders based in McKinney, Texas. They specialize in hard money loans for commercial properties, bridge loans, fix and flip loans, and construction loans in some cases. They fund all loans using ...
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 ...
113 Ripley Rd
Cohasset, MA 02025
Mass Private Lending is hard money lender based in Cohasset, MA. They provide loans in Massachusetts and Rhode Island. They provide ground-up construction loans, loans for rental properties, hard money loans for commercial properties, short term loans, ...
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 ...
63 Atlantic Avenue
Boston, MA 02110
For 40 years, DFI has been a leading private lender in the greater Boston area. We have earned our reputation as a reliable and responsive lender to investors and developers seeking to acquire, develop or refinance real estate.We provide real ...
508 Whitehorse Mercerville Rd
Hamilton, NJ 08610
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 ...
10575 N. 114th St. Suite 103
Scottsale, AZ 85259
Primeau Funding is hard money lender based in Scottsale, AZ. They provide loans across the United States. They provide short term bridge loans, ground up construction loans, commercial loans, and fix-and-flip hard money loans. They ...
20 West Vine Street #575
Lansdale, PA 19446
Based in Lansdale, PA, 11 Capital Finance is a hard money lender offering funding throughout the United States. They provide hard money construction loans, cash out hard money loans, commercial hard money loans, and bridge loans. ...
176 Circuit Road
Winthrop, MA 02152
Mass Hard Money is a private lender in Winthrop, MA providing loans in Boston. They provide short term bridge loans, fix-and-flip loans, construction loans, and private commercial loans. They will make loans on ...
One Adams Pl. 859 Willard St, Suite 503
Quincy, MA 02169
Headquartered in Quincy, MA, Conquest Capital Partners is an asset-based lender providing loans in Boston. They provide lending solutions for a variety of situations and needs, including commercial loans, ground up construction loans, hard money bridge loans, loans for ...
125 Greenleaf Street
Quincy, MA 02169
Boston Property Capital is a Quincy, MA based private money lender offering funding in Boston. They offer ground up construction loans, hard money loans for commercial properties, short term loans, loans for rental properties, and fix-and-flip loans. ...
201 Washington St, Suite 2601
Boston, MA 02108
VeriLync Capital Solutions is private money lender based in Boston, MA. They offer funding throughout Boston. They offer commercial loans and new construction loans. Their lending guidelines are flexible, including loan amounts up to $100,000,000. ...
66 Hudson Street, Suite 301
Hoboken, NJ 07030
Asset Based Lending LLC is a Hoboken, NJ based hard money lender who offers funding in 9 states across the US. They offer loans for a variety of scenarios, including new construction loans, hard money refinancing, loans for investments ...
35 Trenton Ave
Long Beach, NY 11561
Headquartered in Long Beach, NY, NLDS Corp is a private lender providing funding in 32 states throughout the US. They offer lending solutions for a variety of scenarios, including hard money bridge loans, fix-and-flip hard money loans, investment property ...
2139 Chuckwagon Road, Suite 315
Colorado Springs, CO 80919
Based in Colorado Springs, CO, Red Rock Capital is a private money lender providing loans in 42 states across the United States. They offer construction loans, bridge loans, fix-and-flip loans, and loans for investments properties. Their loan ...
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. ...
2670 N. Main St, Suite 350B
Santa Ana, CA 92705
Based in Santa Ana, CA, Unlimited Capital Group is a private lender offering loans in 15 states across the country. They offer loans for a variety of situations, including fix-and-flip loans, refinancing, bridge loans, loans for rental properties, commercial ...
Father & Son Private Money Lending is a hard money lender providing loans in Maine, Vermont, New Hampshire, Massachusetts, Rhode Island, and Connecticut. They provide fix-and-flip hard money loans, private refinancing, ground up construction loans, commercial loans, ...
20 Scenic Hill Lane
Monroe, CT 06468
Regina Capital is an asset-based lender headquartered in Monroe, CT providing loans in New York, New Jersey, Massachusetts, and Connecticut. They provide lending solutions for many different scenarios, including commercial loans, private refinancing, hard money construction loans, rental ...
396 Washington Street, Suite 225
Wellesley, MA 02481
Headquartered in Wellesley, MA, Pro Builder Financial is a hard money lender offering funding throughout New Hampshire, Massachusetts, Connecticut, Rhode Island, and Maine. They offer commercial hard money loans, construction loans, fix and flip loans, buy and hold ...
ONE ADAMS PLACE 859 WILLARD STREET, SUITE 501
Quincy, MA 02169
The Grossman Companies is a Quincy, MA based private lender offering loans throughout Massachusetts, Connecticut, Rhode Island, New Hampshire, and New York. They offer fix-and-flip hard money loans, short term bridge loans, hard money loans for commercial properties, ...
2139 Chuckwagon Road, Suite 315
Colorado Springs, CO 80919
Island View Private Loan Fund is a hard money lender based in Colorado Springs, CO offering funding in 42 states across the US. They offer lending solutions for a variety of situations and needs, including fix and flip hard ...
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 ...
600 Loring Avenue, Suite 5
Salem, MA 01907
Based in Salem, MA, Green Knight Funding is a hard money lender offering funding throughout Massachusetts, New Hampshire, Connecticut, Vermont, Rhode Island, Maine, and Florida. They offer lending solutions for a variety of situations and needs, including fix ...
1212 Avenue of the Americas
New York, NY 10036
Gala Resources is private lender headquartered in New York, NY. They offer funding in 8 states throughout the country. They offer private refinancing, rental property loans, fix-and-flip hard money loans, bridge loans, hard money loans for commercial ...
138 River Rd
Andover, MA 01810
Universal Capital is an asset-based lender headquartered in Andover, MA offering funding in Massachusetts, New Hampshire, Maine, Rhode Island, Connecticut, and Florida. They provide fix-and-flip hard money loans, private commercial loans, hard money bridge loans, and ground-up ...
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 ...
42 Thompson Street, Suite 1A
East Haven, CT 06513
Lend Some Money is hard money lender headquartered in East Haven, CT. They offer loans throughout Massachusetts, Connecticut, Rhode Island, New Hampshire, and New York. They offer loans for many different scenarios, including short term loans, ...
PO Box 58804
Tukwilla, WA 98138
Empire Financial Services is a Tukwilla, WA based hard money lender who offers funding in 16 states across the country. They offer lending solutions for a variety of situations, including hard money loans for commercial properties, fix and flip ...
440 Middlesex Road, Suite 234
Tyngsboro, MA 01879
Buy Now Hard Money is a Tyngsboro, MA based hard money lender who provides loans in Massachusetts and New Hampshire. They offer private commercial loans, bridge loans, ground-up construction loans, fix and flip hard money loans, and private ...
56 Pine Street, 3rd Floor
Providence, RI 02903
Headquartered in Providence, RI, Northborough Capital Partners is an asset-based lender offering funding in Massachusetts, New Hampshire, Rhode Island, Maine, and Connecticut. They offer loans for a variety of situations, including refinancing, ground up construction loans, fix-and-flip loans, ...
211 South Ridge Street
Rye Brook, NY 10573
Pepe Berard Capital is hard money lender based in Rye Brook, NY. They provide loans in 12 states across the US. They provide private commercial loans, new construction loans, bridge loans, fix and flip hard money loans, ...
24 Commerce St, Suite 1732
Newark, NJ 07102
Ary Ming Asset Funding is a Newark, NJ based private lender. They provide funding in Philadelphia, Scranton, and Allentown. They offer construction loans, bridge loans, long term rental property loans, and fix and flip hard money ...
910 Boston Post Rd E # 310
Marlborough, MA 01752
Jems Financial is a Marlborough, MA based private lender. They provide loans throughout Massachusetts. They offer lending solutions for a variety of scenarios, including hard money loans for commercial properties, ground up construction loans, loans for rental properties, ...
155 Federal Street, Suite 1300
Boston, MA 02110
Raymond C Green Companies is a private money lender based in Boston, MA providing funding throughout Massachusetts, New Hampshire, Rhode Island, Maine, Connecticut, and Florida. They provide loans for a variety of situations and needs, including construction loans, ...
79 Madison Ave, 7th Floor
New York, NY 10016
Fund That Flip is private lender headquartered in New York, NY. They offer funding across the country. They offer fix-and-flip hard money loans, ground-up construction loans, and long term rental property loans. Their loan guidelines ...
670 Montauk Highway
Water Mill, NY 11976
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 ...
1990 S. Bundy Drive, Suite 640
Los Angeles, CA 90025
Dominion Mortgage Corporation is a Los Angeles, CA based private money lender. They provide loans all throughout the country. They offer short term loans, refinancing, private commercial loans, and new construction loans. They provide rates ...
711 Westchester Avenue, Suite 202
White Plains, NY 10604
360 CB Capital Funding is a White Plains, NY based hard money lender. They provide funding all across the US. They provide ground up construction loans, short term loans, long term rental property loans, cash out loans, fix ...
601B Jericho Turnpike
Syosset, NY 11791
North Shore Funding is a Syosset, NY based private lender. They provide loans across the US. They provide lending solutions for many different scenarios, including commercial hard money loans, bridge loans, and hard money construction loans. ...
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