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 Nashville, Arkansas
Nashville, AR has 17 construction hard money lenders offering loans in the city. The mean loan issued is around $388,542. Rates for loans average 10.5%. The mean note issued in the city has a length of 17 months. A typical loan made in this city carries a 2.8 point origination cost. Lenders offer on average a 78% loan to value on hard money loans in Nashville.
Loan Example 1
Antonia is a home builder in Nashville, AR. She wants to buy a land lot and build a new single family home. Antonia estimates the building expenses will be about $150,000 and the lot will cost $320,000. East End Investments issues a 80% loan-to-value (LTV) construction loan to Antonia in order to pay for the transaction. They also agree to a 14% rate of interest for 6 months plus a two point origination fee. There will be no pre-payment penalties on the deal and building expenses will be paid out in a few draws. The borrower will need to pay $4,387 monthly in loan payments in addition to $94,000 down, plus a $7,520 origination fee at closing. Antonia 's goal is to sell the new house for $680,000. If she achieves this, she will pocket a gross profit of $176,160 after subtracting all costs ($376,000 principle, $94,000 cash down, $7,520 origination charges and $26,320 for 6 months of interest payments).
Loan Example 2
Marvin is an investor and he decides to purchase a land plot in Nashville, AR to construct a house. Since he does not have the cash to pay for 100% of the project, he obtains a new construction hard money loan from Oceanside Lending with these specifications:
- $330,000 purchase price for the lot
- $350,000 in construction costs
- 80% loan to value (LTV)
- 6 month length
- 8% rate of interest
- 3% origination fee
If his achieves a $880,000 resell after the 6 months, the numbers for this project would look like this:
$880,000 sales price
- $544,000 principle on note (80% LTV)
- $136,000 cash paid at closing (20% on 80% LTV)
- $16,320 origination points (3% of the $544,000 principle)
- $21,760 total interest paid (6 months x 8% interest)
= $161,920 net profit
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
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 ...
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 ...
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 ...
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 ...
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, ...
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 ...
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. ...
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 ...
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 ...
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 ...
Aspen Capital Funding
9400 SW Beaverton-Hillsdale Hwy, Suite 131
Beaverton, OR 97005
(503) 295-5800 Website
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 ...
Capital Funding Corporation
515 South Flower Street, 36th Floor
Los Angeles, CA 90071
(310) 561-1400 Website
Capital Funding Corporation is a Los Angeles, CA based private lender. They offer loans all throughout the United States. They offer ground-up construction loans and commercial loans. They offer loan amounts ranging from $3,000,000 to $50,000,000 ...
Mountain Real Estate Capital
13860 Ballantyne Corporate Place, 130
Charlotte, NC 28277
(704) 930-7501 Website
Based in Charlotte, NC, Mountain Real Estate Capital is an asset-based lender providing loans across the country. They provide ground up construction loans and hard money loans for commercial properties. They provide loans on ...