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 ...
New Construction Loans in Grand Junction, Colorado
We found 35 records for new construction hard money lenders offering loans in Grand Junction, CO. The median note amount is $404,000. Rates on private loans issued to Grand Junction investors average around 11.7%. The mean length for notes is 12 months. The mean loan includes a 3.0 point origination fee. The typical LTV for loans in Grand Junction is 75%.
Loan Example 1
Dwayne is a home builder in Grand Junction, CO. He decides to acquire a land lot to build a new duplex in the Orchard Mesa area. On top of the $290,000 price of the plot, Dwayne expects he will require about $350,000 in construction costs to finish the house. Red Oak Investment Group issues a 70% loan-to-value (LTV) construction loan to Dwayne in order to complete the project. They agree to a 12% interest rate for 18 months in addition to a four point origination fee. There will be no pre-payment penalties for the loan and construction costs will be paid out in multiple draws. According to this deal scenario, the lender will fund $448,000 of the plot and construction costs. The borrower will pay $192,000 down, a $17,920 origination charge, and $4,480 monthly in interest payments. At the end of the loan, Dwayne re-sells the home for $860,000. This will earn Dwayne a $121,440 net profit after repaying all costs of the deal ($448,000 principle, $192,000 cash at closing, $17,920 origination charges, and $80,640 for 18 months of interest payments).
Loan Example 2
Tyler is an investor and he decides to construct a duplex on a land plot in the Orchard Mesa neighborhood of Grand Junction, CO. In order to pay for the transaction, he takes out a construction loan from Oceanside Finance Corporation with these stipulations:
- $320,000 sales price for the plot
- $200,000 in construction costs
- 55% loan to value (LTV)
- 12 month length
- 9% rate of interest
- 5% origination fee
If Tyler succeeds in his goal of a $620,000 sale, the final numbers of the project would be as follows:
$620,000 sales price
- $286,000 principle (55% LTV)
- $234,000 down payment (45% on 55% LTV)
- $14,300 origination fee (5% of the $286,000 principle amount)
- $25,740 interest payments (12 months x 9% interest)
-----------------------
= $59,960 gross profit
Direct Lending Partners originates short-term real estate loans for the purpose of acquiring and renovating distressed residential real estate in the states of AL, CO, CT, DC, DE, FL, GA, ID, IL, IN, KS, KY, LA, MD, MO, NC, NE, ...
Taylor Mortgage Group is an Elizabeth, CO based hard money lender who offers funding throughout Colorado. They offer lending solutions for many different situations, including fix-and-flip hard money loans, ground up construction loans, private commercial loans, and bridge ...
Based in Atlanta, GA, Angel Oak Prime Bridge is an asset-based lender offering loans throughout Georgia. They provide loans for many different scenarios, including fix-and-flip hard money loans, short term bridge loans, construction loans, and investment property loans. ...
Hilton Financial Corporation is an asset-based lender headquartered in Phoenix, AZ offering loans in Arizona, Utah, Colorado, Ohio, and Hawaii. They offer loans for a variety of situations, including fix-and-flip hard money loans, bridge loans, builder loans, hard ...
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, ...
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 ...
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 ...
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 ...
The Investor's Source is a Loveland, CO based private lender. They provide funding throughout Laramie and Cheyenne. They provide builder loans, fix and flip hard money loans, and commercial hard money loans. They issue terms ...
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 ...
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 ...
Headquartered in Salt Lake City, UT, Taylor Derrick Capital is a hard money lender offering funding in 10 states across the country. They provide lending solutions for a variety of scenarios, including commercial loans, loans for rental properties, hard ...
Seattle Funding Group is private lender based in Scottsdale, AZ. They provide funding in 9 states across the country. They provide lending solutions for a variety of needs and situations, including long term rental property loans, commercial ...
CalCap Financial is a hard money lender headquartered in Pasadena, CA providing loans throughout California, Arizona, Washington, and Colorado. They offer loans for investments properties, fix and flip hard money loans, cash out hard money loans, and ...
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 ...
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. ...
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 ...
Private Money Utah is a Salt Lake City, UT based hard money lender who provides loans throughout Chicago. They provide lending solutions for many different situations, including short term fix and flip loans, construction loans, commercial hard money loans, ...
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 ...
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 ...
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 ...
Based in Arcadia, CA, Level 4 Funding is a private lender providing loans in 8 states across the country. They offer cash out hard money loans, short term bridge loans, construction loans, rental property loans, private commercial loans, ...
Lead Funding is a private money lender in Castle Rock, CO offering funding in Arizona, Colorado, Texas, and Washington. They offer lending solutions for many different scenarios, including private refinancing, fix-and-flip hard money loans, and hard money ...
Broakmark Real Estate Management is a Denver, CO based private money lender who provides loans in Arizona, Texas, Colorado, Wyoming, and Utah. They provide lending solutions for many different needs and situations, including cash out hard money loans, ...
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 ...
TNS Loans is a Littleton, CO based hard money lender offering loans throughout Colorado, Kansas, Minnesota, Missouri, Oklahoma, Utah, and Wisconsin. They offer refinancing, commercial hard money loans, hard money bridge loans, new construction loans, and fix-and-flip ...
Based in Greenwood Village, CO, Merchants Mortgage & Trust Corporation is a private lender providing loans in 9 states throughout the US. They offer lending solutions for a variety of needs and situations, including hard money loans for commercial ...
Aspen Capital Funding is a Beaverton, OR based hard money lender offering funding all across the country. They provide hard money bridge loans, commercial loans, and hard money construction loans. They offer loan amounts ranging from ...
Meridian Capital Group is a New York, NY based hard money lender who offers funding all across the US. They offer new construction loans, hard money refinancing, commercial loans, and short term bridge loans. ...
Silver Arch Capital is a Hackensack, NJ based hard money lender. They provide loans across the US. They provide new construction loans, refinancing, and hard money loans for commercial properties. They offer terms between 1 ...
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 ...
Caroline Lending LLC is a Houston, TX based hard money lender. They provide funding all throughout the US. They provide loans for a variety of needs and situations, including short term fix and flip loans, ground up construction ...
Based in Charlotte, NC, Finance of America Commercial is a private money lender providing funding all throughout the United States. They offer lending solutions for a variety of situations and needs, including refinancing, hard money bridge loans, fix and ...
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