With more than $12.3B in funded loans, Kiavi is one of the nation’s largest private lenders to residential real estate investors!
Bridge Loans in Kranzburg, South Dakota
We found 14 search results for hard money bridge lenders in Kranzburg, SD. The average loan made to borrowers is approximately $602,500. The average interest rate for private loans in Kranzburg is 9.9%. 24 months is the average term for loans made in the city. The average loan includes a 3.1 point origination charge. Lenders in Kranzburg average a 74% loan-to-value (LTV) on their deals.
Loan Example 1
Genevieve takes a hard money bridge loan from Blue Square Funding Company in order to rehab a house to resale in Kranzburg, SD. The sales price of the house is $160,000. The terms of the deal include a 50% loan-to-value (LTV), so she must contribute 50% of the price as cash to closing, making the principle note amount $80,000. The parameters of the deal also stipulate a five percent origination fee which is to be paid at the closing and a 6 month, interest only note with a 13% interest rate.
In addition to paying the $4,000 origination fee, Genevieve will also have to fund $80,000 of the purchase with her own cash, or 50% of the sales price. The monthly interest-only payments will then total $867 to Blue Square Funding Company. If Genevieve sells the house for $192,000 after 6 months, she would then make a gross profit of $22,800 after subtracting the original principle of $80,000, the money paid at the close of $80,000, the origination fee of $4,000, and the total interest payments of $5,200. This amount doesn't account for rehab costs.
Loan Example 2
East End Lending issues a private money bridge loan to Molly for a renovation project in Kranzburg, SD. The deal dictates the following:
a) A $150,000 purchase price, b) a 70% loan to value (LTV), c) a 18 month term, d) a 11% interest rate, and e) a 1% origination fee.
Once the rehab project is complete, if Molly sells the project for $225,000, the final numbers would be as follows:
$225,000 sales price
- $105,000 loan principle (70% LTV)
- $45,000 cash paid at closing (30% on 70% LTV)
- $1,050 origination fee (1% of the $105,000 principle amount)
- $17,325 interest payments (18 months x 11% interest)
-----------------------
= $56,625 total profit (does not include taxes or renovation costs)
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 ...
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 ...
Secured Investment Lending
1485 International Parkway, Suite 1031
Lake Mary, FL 32746
Secured Investment Lending is private lender headquartered in Lake Mary, FL. They provide funding in 49 states throughout the country. They provide lending solutions for a variety of scenarios, including short term bridge loans, commercial loans, cash ...
Rapid Commercial Loans
6136 Frisco Square suite 433
Frisco, TX 75034
Rapid Commercial Loans are private money lenders actively originating Private loans for commercial properties nationwide. With traditional lenders tightening up on their lending criteria, private money loans for commercial properties are becoming the most efficient loan product for many borrowers ...
Stratton Equities
28 Bloomfield Avenue
Pine Brook, NJ 07058
Stratton Equities is the Leading Nationwide Direct Private Money & NON-QM Mortgage Lender that specializes in fast and flexible lending processes. We have the largest library of private money and NON-QM nationwide loan programs under one roof. Our team is ...
Flip N Fast Loans
4445 Corporation Ln Suite 264
Virginia Beach, VA 23462
We lend to all different kinds of real estate investors, whether you are an expert or a novice. We provide funding for building from the ground up, fix-and-flip projects, and a range of single- and multi-family rental loans. Start your ...
New Silver
2475 Albany Ave #203B
West Hartford, CT 06117
New Silver is a fintech that provides fast financing to real estate investors who focus on fix and flip residential projects. New Silver’s software accelerates, automates and streamlines loan originations, while using data to reduce default risk. You can get ...
REI Capital
5660 Strand Court
Naples, FL 34110
Direct Lender Programs - Purchase, Refi, Cash Out, Rehab, Construction, Property Types SFR, 2-4's, Residential Portfolios, Loan Amounts from 250k to 3.5m, Nationwide excluding MN, ND, OR, SD, VT, NV, AZ & UT. -------- All Inclusive Lending Additional Programs ...
Gokapital Mortgage
2150 Coral Way | Suite 1A
Miami, FL 33145
Gokapital, Inc. is a Miami, FL based private lender who provides funding all throughout the US.Providing lending solutions for a variety of situations, including loans for rental properties, cash out, hard money loans, fix-and-flip loans, hard money loans for commercial ...
Lend Some Money
42 Thompson Street, Suite 1A
East Haven, CT 06513
Lend Some Money is a national private lender that makes hard money commercial loans for the refinance or purchase of non-owner-occupied residential and mixed-use commercial properties. Its industry-leading technology platform allows it to provide real estate investors and brokers ...
Primeau Funding
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 ...
Edward Voccola & Co
75 Arlington Street, Suite 500
Boston, MA 02116
Edward Voccola & Co is hard money lender based in Boston, MA. They provide funding all throughout the US. They provide lending solutions for a variety of scenarios, including builder loans, hard money bridge loans, and ...
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. ...
Your Information is Processing