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 Wetumpka, Alabama
Wetumpka, AL has 27 new construction hard money lenders serving the city. The median loan amount in the city is $296,786. Rates on private loans made to Wetumpka borrowers average 10.9%. The median loan made in the city has a term of 13 months. The mean loan includes a 2.7 percent origination fee. Lenders in Wetumpka average a 72% LTV on their loans.
Loan Example 1
Marian wants to purchase a home lot in the Blue Ridge area of Wetumpka, AL and construct a new house to re-sell it. Marian thinks the construction costs will be approximately $350,000 and the lot is listed for $220,000. Oak Hill Lending Company makes a 80% loan to value (LTV) construction loan to Marian so she can complete the project. They also agree to a 12% interest rate for 6 months plus a two point origination fee. Marian is to collect the construction costs in draws and there won't be a pre-payment penalty if she re-pays the note before the 6 months is over. Given the stipulations of this note, Marian will have to fund $114,000 plus $9,120 in origination costs at closing, then will begin making $4,560 per month payments. When the loan expires, Marian re-sells the house for $740,000. This will net Marian a $133,520 total profit after paying back all costs of the loan ($456,000 principle amount, $114,000 cash at closing, $9,120 origination charges, and $27,360 for 6 months of interest payments).
Loan Example 2
Alvin is a real estate investor in Wetumpka, AL. He decides to buy a home lot and construct a new duplex in the Blue Ridge area of the city. He takes out a new construction loan from P & J Funding Company with the following parameters:
a) A $340,000 purchase price for the land plot, b) $250,000 in building expenses, c) an 80% loan-to-value (LTV), d) a 6 month length, e) a 13% interest rate, and f) a 5% origination fee.
If Alvin achieves his goal of a $730,000 sale, the final numbers of the deal will be as follows:
$730,000 sales price
- $472,000 loan principle (80% LTV)
- $118,000 down payment (20% on 80% LTV)
- $23,600 origination points (5% of the $472,000 principle amount)
- $30,680 total interest paid (6 months x 13% interest)
= $85,720 gross profit
HardMoneyLoans.com is a national lender based in Beverly Hills, CA that can get your loan funded from $500k-$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 ...
Global Capital Partners Fund
555 Fifth Avenue, Suite 302
New York, NY 10017
Global Capital Partners Fund is a Direct Bridge & Hard Money Lender with over 30 years of experience. Specializing nationwide in commercial loans, adaptive re-use, construction lines of credit, ground up construction, fix & flip, & more!
A diverse portfolio ...
Direct Lending Partner
701 W Broad Street, Suite 200
Bethlehem, PA 18018
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, ...
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. ...
28 Bloomfield Avenue
Pine Brook, NJ 07058
Stratton Equities is the Nationwide leading hard money and NON-QM lender. We are passionate about helping small business owners, contractors, and Real Estate investors, swiftly and efficiently finance their investment goals. We customize our hard money loan programs for each ...
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 ...
Lima One Capital
201 East McBee Ave, Suite 300
Greenville, SC 29601
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 ...
Sunset Equity Funding
6125 Washington Blvd, 3rd Floor
Culver City, CA 90232
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 construction loans, ...
Global Integrity Finance
321 N Central Expressway, Suite 360
McKinney, TX 75071
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 their own ...
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 ...
7100 Six Forks Road, Suite 335
Raleigh, NC 27615
LYNK Capital is a fast-growing private lender offering residential renovation, construction, and rental loans. Our team has decades of construction lending experience and we're here to help you through every stage of your project.We lend in: AL, CT, DC, DE, ...
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 ...
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 ...
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 ...
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 ...
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 ...
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. ...
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 ...
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. ...
1010 NE 2nd Ave
Miami Beach, FL 33132
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 ...
Baker Collins & Co.
260 Peachtree St, Suite 1002
Atlanta, GA 30303
Baker Collins & Co. is a Private Real Estate Lending Group that provides streamlined, hassle-free lending options to fit the way you invest. Baker Collins & Co. is rated #1 for client satisfaction and is a leading private money financier ...
Empire Financial Services
PO Box 58804
Tukwilla, WA 98138
Empire Financial Services is a Tukwilla, WA based hard money lender who offers funding in 16 states across the country. They offer lending solutions for a variety of situations, including hard money loans for commercial properties, fix and flip ...
35 Trenton Ave
Long Beach, NY 11561
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 ...
We Lend Money is an asset-based lender offering funding all throughout the US. They provide lending solutions for a variety of situations, including private commercial loans, long term rental property loans, fix-and-flip loans, hard money construction loans, and ...