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 Noblesville, Indiana
A total of 20 results for construction private money lenders were found in Noblesville, IN. The mean loan amount is $519,167. Rates for private loans average 11.0%. 17 months is the mean term for loans made in the city. The average loan made in this city includes a 3.7 point origination fee. The median loan-to-value offered for loans in Noblesville is 72%.
Loan Example 1
Javier wants to purchase a lot in Noblesville, IN to build a new house in order to sell it. The building costs will be about $400,000 and the plot will cost $280,000. Rising Sun Investments issues a 50% loan to value (LTV) construction loan to Javier in order to fund the deal. They agree to a 11% rate of interest for 12 months in addition to a four point origination fee. Building fees are to be paid in draws and there will be no pre-payment penalties charged. Given the terms of this note, Javier will be required to pay $340,000 plus $13,600 in origination costs at closing, then will begin making $3,117 monthly payments. When the loan expires, Javier sells the house for $980,000. This will earn Javier a $249,000 gross profit after paying off all expenses of the deal ($340,000 principle, $340,000 cash at closing, $13,600 origination fee, and $37,400 for 12 months of payment).
Loan Example 2
Lucile wants to purchase a lot in Noblesville, IN to build a new duplex in order to resell it. In order to pay for the transaction, she applies for a construction loan from All Star Funding Company with these terms:
a) A $400,000 sales price for the land lot, b) $150,000 in building costs, c) an 75% loan to value (LTV), d) a 6 month length, e) a 11% rate of interest, and f) a 2 point origination fee.
Lucile wants to sell the house at the end of the term for $740,000. If she succeeds, the final numbers will be as follows:
$740,000 sales price
- $412,500 note principle (75% LTV)
- $137,500 down payment (25% on 75% LTV)
- $8,250 origination fee (2% of the $412,500 principle)
- $22,688 total interest paid (6 months x 11% interest)
-----------------------
= $159,063 total 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, ...
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. ...
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 ...
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 ...
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 ...
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 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 ...
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 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 ...
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 ...
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. ...
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. ...
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 ...
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 ...
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 ...
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, ...
MCG is a hard money lender based in Feasterville Trevose, PA providing loans across the US. They provide hard money loans for commercial properties, refinancing, short term bridge loans, and builder loans. They ...
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