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 North Pole, Alaska
We found 18 results for new construction hard money lenders serving North Pole, AK. The mean loan amount in this city is $457,955. Interest rates on loans made to North Pole borrowers average around 10.8%. The average length offered for notes is 14 months. The average note includes a 2.9 percent origination fee. Lenders in North Pole average a 76% LTV on their deals.
Loan Example 1
Norman is a home builder who decides to build a house on a land lot in North Pole, AK. On top of the $200,000 cost of the land, Norman thinks he will need around $150,000 in construction expenses to finish the project. Frontera Lending Group makes a 60% loan-to-value (LTV) construction loan to Norman so he can fund the transaction. They agree to a 13% rate of interest for 12 months plus a 5 point origination fee. Norman is to collect the construction expenses in draws and there won't be a pre-payment penalty if he repays the loan before it expires. Given the specifications of this loan, Norman will be required to pay $140,000 plus $10,500 in origination costs at closing, then will start making $2,275 per month payments. If Norman sells the house for $430,000 he will pocket a total profit of $42,200 after returning the principle amount and subtracting the origination points and cumulative interest.
Loan Example 2
Willa is a builder who decides to build a tri-plex on a land plot in North Pole, AK. Since she does not have enough cash to fund 100% of the purchase, she obtains a new construction private money loan from South Side Finance Company with the following terms:
a) A $200,000 sales price for the lot, b) $300,000 in building expenses, c) an 70% loan to value (LTV), d) a 18 month term, e) a 9% rate of interest, and f) a 3 point origination fee.
Willa plans to sell the house at the end of the term for $670,000. If she achieves her goal, the deal numbers will be the following:
$670,000 sales price
- $350,000 note principle (70% LTV)
- $150,000 down payment (30% on 70% LTV)
- $10,500 origination fee (3% of the $350,000 principle)
- $47,250 total interest paid (18 months x 9% interest)
= $112,250 gross 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, ...
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 ...
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 ...
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 ...
Caroline Lending LLC
712 Main St, Suite 2200
Houston, TX 77002
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 ...