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 Malvern, Arkansas
Malvern, AR has 17 new construction hard money lenders serving the city. In this city, the average amount for loans is $370,625. Interest rates for loans average about 11.4%. The average term for loans is 20 months. The mean origination for loans is 6.2 points. Lenders in Malvern average a 73% loan-to-value on their loans.
Loan Example 1
Jay is a real estate investor who wants to acquire a home lot in Malvern, AR in order to build a tri-plex. The lot is listed for $260,000 and Jay thinks that the building costs for the house will be approximately $350,000. In order to fund the deal, he obtains a new construction loan from BCC Investment Company . They agree to make a note with a 10% interest rate for 6 months and 2 origination points to be paid at closing. Additionally, they agree to fund 80% of the cumulative expenses (the loan to value / "LTV"). They will not assess a pre-payment penalty and they will contribute the building expenses in multiple draws. By this loan scenario, the lender will contribute $488,000 of the purchase and the building expenses. The borrower will pay $122,000 down, a $9,760 origination fee, and $4,067 monthly in interest payments. When the loan expires, Jay sells the property for $790,000. This will net Jay a $145,840 gross profit after repaying all expenses of the loan ($488,000 principle, $122,000 cash down, $9,760 origination charges, and $24,400 for 6 months of interest payments).
Loan Example 2
Joel is a real estate investor and he wants to build a home on a land lot in Malvern, AR. To pay for the transaction, he obtains a construction loan from West Shore Funding Corporation with the following specifications:
- $270,000 sales price for the vacant lot
- $350,000 in construction expenses
- 50% loan to value (LTV)
- 6 month length
- 8% interest rate
- 4% origination fee
Assuming a $770,000 sales price after the 6 month term, the numbers for this project would be as follows:
$770,000 sales price
- $310,000 principle (50% LTV)
- $310,000 down payment (50% on 50% LTV)
- $12,400 origination fee (4% of the $310,000 principle amount)
- $12,400 interest payments (6 months x 8% interest)
= $125,200 gross profit
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 ...
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 ...
Global Capital Partners
1345 Avenue Of The Americas, 2nd Floor
New York, NY 10105
(800) 514-7350 Website
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 ...
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, ...
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 ...
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. ...
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 ...
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 ...
Global Integrity Finance
321 N Central Expressway, Suite 360
McKinney, TX 75070
(214) 548-5190 Website
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 ...
Island View Private Loan Fund
2139 Chuckwagon Road, Suite 315
Colorado Springs, CO 80919
(952) 345-3445 Website
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 ...
Flip Funding is an asset-based lender in Sacramento, CA providing funding across the US. They provide investment property loans, cash out hard money loans, hard money loans for commercial properties, new construction loans, hard money bridge loans, and ...
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 ...
Rodeo Capital Inc is private lender headquartered in Los Angeles, CA. They provide loans throughout the US. They offer lending solutions for many different situations, including refinancing, short term bridge loans, hard money construction loans, fix and ...
Dominion Mortgage Corporation
1990 S. Bundy Drive, Suite 640
Los Angeles, CA 90025
(310) 477-3041 Website
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 ...
Barnett REI Finance is private lender headquartered in Northbrook, IL. They offer funding across the US. They offer long term rental property loans, fix-and-flip loans, and construction loans. Their loan parameters are versatile, including ...
Finance of America Commercial
4201 Congress Street, Suite 475
Charlotte, NC 28209
(704) 817-4900 Website
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 ...