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 Vail, Arizona
Vail, AZ has 42 construction private money lenders issuing loans in the city. The average amount for loans in the city is $294,500. The average interest rate for hard money loans in Vail is 10.6%. The average loan issued in the city has a term of 21 months. The average note includes a 3.0 point origination cost. 72% is the typical LTV offered for offered by lenders in Vail.
Loan Example 1
Freda is an investor who decides to build a duplex on a vacant lot in Vail, AZ. The construction costs will be about $150,000 and the lot is listed for $380,000. West Shore Investments issues a 50% loan to value (LTV) new construction loan to Freda so she can fund the transaction. They agree to a 13% interest rate for 6 months plus a two point origination fee. They agree not to assess a pre-payment penalty and they will issue the construction expenses in three draws. By this deal scenario, Freda will have to pay the following: 1) $265,000 down (based on the 50% LTV), 2) a $5,300 origination fee ($265,000 principle x 2%), and 3) $2,871 monthly interest payments. Freda 's plan is to sell the house for $760,000. If she succeeds, she will pocket a total profit of $207,475 after subtracting all expenses ($265,000 principle amount, $265,000 cash down, $5,300 origination charges and $17,225 for 6 months of interest payments).
Loan Example 2
Kelly is an investor and wants to build a single family home on a land lot in Vail, AZ. In order to pay for the project, he obtains a new construction loan from West Shore Finance Group with these specifications:
- $250,000 sales price for the land lot
- $300,000 in construction expenses
- 75% loan to value (LTV)
- 18 month length
- 10% rate of interest
- 2% origination fee
If Kelly succeeds in his goal of a $710,000 sales price, the final numbers of the deal will be the following:
$710,000 sales price
- $412,500 loan principle (75% LTV)
- $137,500 down payment (25% on 75% LTV)
- $8,250 origination points (2% of the $412,500 principle)
- $61,875 total interest paid (18 months x 10% interest)
-----------------------
= $89,875 gross profit
Bolour Associates is a Beverly Hills, CA based hard money lender. They offer loans throughout Arizona, California, and Texas. They offer loans for a variety of situations and needs, including short term loans, cash out loans, private ...
Lantzman Lending is a San Diego, CA based hard money lender. They provide loans in Arizona, California, and Texas. They offer fix and flip hard money loans, rental property loans, hard money loans for commercial properties, refinancing, ...
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 ...
RLS Mortgage is a Phoenix, AZ based private lender. They provide loans in Arizona, California, and Nevada. They offer fix and flip hard money loans, rental property loans, private refinancing, new construction loans, commercial loans, and ...
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 ...
Based in Santa Ana, CA, Unlimited Capital Group is a private lender offering loans in 15 states across the country. They offer loans for a variety of situations, including fix-and-flip loans, refinancing, bridge loans, loans for rental properties, commercial ...
Hanson Capital Group is a Phoenix, AZ based private lender who provides funding in Arizona, California, Texas, Florida, and Washington. They offer loans for many different needs and situations, including loans for rental properties, fix and flip loans, ...
New Wave Loans is an asset-based lender based in Aventura, FL providing funding throughout New York, Arizona, Illinois, and Florida. They provide lending solutions for a variety of situations, including buy and hold loans, commercial loans, ground up ...
Legacy Group Capital is private money lender headquartered in Bellevue, WA. They offer funding in Washington, Idaho, Arizona, and Oregon. They provide loans for a variety of scenarios, including commercial hard money loans, short term fix ...
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 ...
Liberty Financial is a private lender in La Mirada, CA providing loans in California, Washington, Oregon, Nevada, and Arizona. They provide private commercial loans, builder loans, fix-and-flip hard money loans, buy and hold loans, private refinancing, and ...
Headquartered in Mesa, AZ, Hard Money Loan Service is a hard money lender providing loans in Arizona. They offer ground-up construction loans, short term loans, commercial loans, fix-and-flip hard money loans, and rental property loans. They provide ...
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 ...
Steeple Rock Funding is a private money lender based in Gilbert, AZ offering funding in Arizona. They offer lending solutions for many different scenarios, including private commercial loans, short term loans, fix-and-flip loans, loans for investments properties, cash out ...
Alternative Financial Services is a Spokane, WA based private lender providing funding throughout Washington, Idaho, Wyoming, and Arizona. They offer loans for many different situations, including fix-and-flip loans, short term bridge loans, construction loans, and private commercial ...
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 ...
Barrett Financial Group is private money lender based in Phoenix, AZ. They provide funding in Arizona. They provide fix-and-flip hard money loans, commercial loans, loans for investments properties, and ground-up construction loans. They offer ...
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 ...
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 ...
Headquartered in Scottsdale, AZ, Kenwood Mortgage Investments is a private money lender providing loans throughout Arizona. They provide investment property loans, ground up construction loans, private commercial loans, and fix-and-flip loans. They issue loan amounts ranging ...
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, ...
Genesis Capital is a Woodland Hills, CA based private lender. They provide funding in 17 states throughout the United States. They offer ground up construction loans, bridge loans, buy and hold loans, fix-and-flip loans, private refinancing, and ...
Scottsdale Private Lending is a hard money lender in Scottsdale, AZ offering loans throughout Arizona. They provide cash out hard money loans, short term fix and flip loans, hard money bridge loans, loans for rental properties, new construction loans, ...
Based in Scottsdale, AZ, Del Mar Financial & Investments is an asset-based lender providing loans throughout Arizona. They provide private refinancing, hard money construction loans, fix and flip hard money loans, short term loans, commercial hard money loans, ...
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 ...
Capital Fund 1 is a Scottsdale, AZ based hard money lender who offers funding in Arizona. They provide lending solutions for a variety of situations, including new construction loans, commercial loans, refinancing, investment property loans, short term fix and ...
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 ...
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 ...
Mortgage Capital & Investment is a Scottsdale, AZ based hard money lender offering loans throughout Arizona. They offer lending solutions for a variety of situations and needs, including short term fix and flip loans, loans for rental properties, commercial ...
Sir Mortgage & Finance is a Phoenix, AZ based private lender who offers loans throughout Arizona. They offer long term rental property loans, new construction loans, hard money loans for commercial properties, and short term fix and flip ...
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 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, ...
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 ...
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 ...
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 ...
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 ...
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 ...
Skyline Home Loans is a private money lender headquartered in Peoria, AZ providing loans across the US. They offer lending solutions for many different situations, including short term fix and flip loans, ground-up construction loans, and rental property ...
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 ...
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