Global Capital Partners Fund is a Direct Bridge & Hard Money Lender with over 30 years of experience. Specializing in Commercial loans, Adaptive Re-use & Construction lines of credit nationwide!
New Construction Loans in Eagle River, Alaska
Eagle River, AK has 18 new construction lenders serving the city. Note amounts average about $472,667. Rates on hard money loans issued to Eagle River investors average around 10.6%. The mean loan made in the city is 17 months in length. The average note includes a 2.7 percent origination fee. Lenders in Eagle River average a 75% loan-to-value (LTV) on their loans.
Loan Example 1
Shanna is a real estate investor and she decides to acquire a land plot in Eagle River, AK and construct a new duplex in the Eagle River Valley area of the city. The construction costs will be approximately $300,000 and the plot costs $300,000. She gets a construction loan from Coastal Funding Group with the following terms: 1) a 12 month note at 14% interest, 2) interest-only payments made every month, 3) 3 origination points paid at closing by the borrower, and 4) a 85% loan to value (LTV) on both the lot and the construction costs. They agree not to assess a pre-payment penalty and they will pay out the construction costs in several draws. By this deal scenario, Shanna will need to pay the following: 1) $90,000 cash down (based on the 85% LTV), 2) a $15,300 origination charge ($510,000 loan principle x 3%), and 3) $5,950 monthly payments. Shanna's intent is to sell the new home for $810,000. If she achieves this, she will make a net profit of $123,300 after deducting all expenses ($510,000 principle amount, $90,000 cash down, $15,300 origination fee and $71,400 for 12 months of payments).
Loan Example 2
Jessie is a home builder and wants to construct a house on a land plot in the Eagle River Valley neighborhood of Eagle River, AK. Since he does not have enough cash to fund 100% of the purchase, he takes out a new construction hard money loan from Success Lending with these stipulations:
a) A $190,000 purchase price for the plot, b) $150,000 in construction expenses, c) an 60% loan-to-value (LTV), d) a 6 month length, e) a 10% interest rate, and f) a 2 point origination charge.
Jessie wants to list the house when the loan expires for $420,000. If he achieves his goal, the project numbers will be the following:
$420,000 sales price
- $204,000 note principle (60% LTV)
- $136,000 cash paid at closing (40% on 60% LTV)
- $4,080 origination points (2% of the $204,000 principle amount)
- $10,200 total interest paid (6 months x 10% interest)
= $65,720 net profit
Temple View Capital
7550 Wisconsin Ave. 10th Floor
Bethesda, MD 20814
Temple View Capital is a private lender headquartered in Bethesda, MD. They provide loans in 44 states throughout the US. They provide short-term and long-term fix and flip loans, loans for rental properties, bridge loans, and ground up construction loans ...
HardMoneyLoans.com is a national lender based in Beverly Hills, CA that can get your loan funded from $250k-$75M for all kinds of real estate projects. We specialize in hard money loans for all commercial and residential properties types, bridge loans, ...
"WE LEND YOU GROW" Xpress Loans 911 believes that your business should have ready access to working capital, just like big corporations do. So, we pair you with funders that focus on working with small and mid-sized businesses and are ...
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 $7.1 Billion life-to-date in total loan volume to real estate investors. ...
Harbor Private Equity
1075 Peachtree Street NE, Suite 3650
Atlanta, GA 30309
We want to see any commercial transaction that makes sense. The principals at Harbor Private Equity have over 75 years experience in the hard money, bridge loan marketplace. We specialize in raw land, development, construction and bridge loans for non-owner ...
PB Financial Group
6380 Wilshire Blvd #1610
Los Angeles, CA 90048
PB Financial Group is an asset-based lender based in Los Angeles, CA offering funding throughout California. They provide bridge loans, hard money loans for commercial properties, loans for investments properties, fix-and-flip hard money loans, cash out hard money loans, ...
Red Rock Capital
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 ...
11 Middle Neck Road Suite 314
Great Neck, NY 11021
Sharestates is a private, hard money lender in 46 states across the US. We offer financing solutions for a variety of needs and situations, including hard money loans for commercial properties, residential fix and flips, ground up construction, and long ...
5660 Strand Court
Naples, FL 34110
REI Capital & Development provides nationwide & international investor capital on Commercial & Residential properties as well as Land. We offer Long and Short Term programs with rates starting as low as 2.99% for Commercial Properties on Purchases, Refinances, Ground ...
Navigator Private Capital
1910 Towne Centre Blvd. Suite 250
Annapolis, MD 21401
Offering a better alternative to hard money, Navigator Private Capital, LLC (NavCap) has reimagined private real estate lending--making it accessible to real estate investors at all experience levels. As private money lenders, we fund short- and long-term low-risk development projects ...
Kings of Capital
550 Pinetown Rd
Fort Washington, PA 12034
Kings of Capital is the leading Nationwide Hard Money Lender that specializes in fast and flexible lending processes across the country. Our company is led by experienced Real Estate lenders providing a professional, knowledgeable, and hard-working team to help all ...
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 ...
Creative Hard Money LLC
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 ...
Huntington Coast Capital
20321 Tidepool Cir
Huntington Beach, CA 92646
Huntington Coast Capital is hard money lender based in Huntington Beach, CA. They offer loans throughout the country. They offer short term loans, cash out hard money loans, commercial loans, and builder loans. They offer ...
11 Capital Finance
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. ...
Investor Rehab Funding
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. ...
Island View Private Loan Fund
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 ...
5044 Lakeaire Cir
Temple, TX 76502
BSIP Capital is a Temple, TX based hard money lender. They offer loans throughout the country. They provide lending solutions for a variety of needs and situations, including commercial loans, hard money refinancing, long term rental property loans, ...