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 Littlefield, Arizona
Littlefield, AZ has 50 private money bridge lenders operating in the city. The median amount loaned in the city is $406,000. Interest rates on hard money loans made to Littlefield borrowers average about 11.4%. The average loan issued in the city has a term of 44 months. The mean origination for the loans is 2.7 percent. Lenders offer on average a 74% loan to value on loans in Littlefield.
Loan Example 1
Glenna is an investor in Littlefield, AZ. She finds a run-down property for sale and decides to renovate it and flip it for a profit. The property has a cost of $340,000 but she doesn't have the full amount so she takes out a bridge loan with Prosper Funding Corporation. The loan to value (LTV) on the deal is 50%. This means that Glenna will bring 50% of the purchase price to the closing and the principle will be $170,000 on the note. The loan also has the following features: 1) a 18 month term, 2) a 14% interest only note, and 3) a one point origination fee.
According to the terms of the loan, Glenna will have to pay a $1,700 origination fee in addition to 50% of the purchase price, or $170,000, based on the 50% LTV. After the loan is closed and Glenna takes over the property, she will have to begin making payments each month of $1,983 to the lender ($170,000 principle x 14% / 12 months). Assuming she sells the remodeled project for $493,000 at the end of the 18 month term, her total profit (not including renovation costs) would be $115,600. This is computed by taking the purchase price ($493,000) and subtracting the original principle ($170,000), the origination cost ($1,700), the funds she contributed to closing ($170,000), and the total interest payments ($35,700).
Loan Example 2
Alvin finds a house in Littlefield, AZ to rehab and re-sell. Because he does not have enough cash to buy the property outright, he takes a hard money bridge loan from Johnson Investment Corporation with the following parameters:
a) A $380,000 sales price, b) a 60% loan-to-value (LTV), c) a 18 month term, d) a 12% interest rate, and e) a 2% origination fee.
Once the rehab project is complete, if Alvin sells the property for $456,000, the outcome would be the following:
$456,000 sales price
- $228,000 principle on note (60% LTV)
- $152,000 cash paid at closing (40% on 60% LTV)
- $4,560 origination fee (2% of the $228,000 principle)
- $41,040 total interest paid (18 months x 12% interest)
-----------------------
= $30,400 total profit (doesn't include taxes or rehab costs)
Offering Fix and Flip, Bridge, and DSCR loans. With same day approvals, 3-5 day close time, and lending in 47 states, Park Place Finance will get your next deal funded fast!
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 46 states throughout the US. They provide short-term and long-term fix and flip loans, loans for rental properties, bridge loans, and ground-up new 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 ...
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 ...
Anchor Loans
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. ...
Kiavi
575 Market Street
San Francisco, CA 94105
With more than $20B in funded loans, Kiavi is one of the nation’s largest private lenders to residential real estate investors (REIs). Kiavi harnesses the power of data & technology to offer REIs a simpler, more reliable, and faster way ...
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 ...
Lantzman Lending
11696 Sorrento Valley Rd, Suite 201
San Diego, CA 92121
Lantzman Lending is a San Diego, CA based hard money lender. They provide loans in Arizona, California, Nevada and Texas. They offer fix and flip hard money loans, rental property loans, hard money loans for commercial properties, refinancing, new construction ...
Bolour Associates
8383 Wilshire Boulevard, Suite 460
Beverly Hills, CA 90211
BOLOUR 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 commercial loans, loans for ...
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 ...
Legacy Group Capital
400 112th Ave NE Street Suite 300
Bellevue, WA 98004
Legacy Group Capital (Legacy) is an integrated real estate company focused on community-based engagement in private lending and real estate investing. Legacy empowers homebuilders, real estate investors, homeowners, and homebuyers with a flexible lending and investment platform. The Legacy platform ...
Park Place Finance
500 West 2nd Suite 1900
Austin, TX 78701
Park Place Finance is a nationwide, direct private lender, specializing in Fix and Flip, Bridge, and DSCR loans. With same day approvals and an average 3-5 day close time, Park Place Finance is the business partner you need to get ...
Hilton Financial Corporation
11024 N. 28th Drive Suite 170
Phoenix, AZ 85029
Hilton Financial Corporation is an asset-based lender headquartered in Phoenix, AZ offering loans in Arizona, Colorado, Hawaii, Ohio, Tennessee, Texas, & Utah.They offer loans for a variety of situations, including fix-and-flip, fix-and lease, spec construction, and manufactured home set up ...
Capital Fund 1
14555 N Scottsdale Rd, Suite 200
Scottsdale, AZ 85254
Capital Fund 1 is a Scottsdale, AZ-based hard money lender who offers funding throughout the Southwest. CF1 provides lending solutions to fit the needs of real estate investors, including new construction loans, commercial loans, refinancing, investment property loans, and short-term ...
Genesis Capital
21650 Oxnard Street, Suite 1700
Woodland Hills, CA 91367
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 ...
Level 4 Funding
440 E Huntington Dr #300
Arcadia, CA 91016
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, ...
T&M Commercial Funding
259 Minot Ave
Auburn, ME 04210
T&M Commercial Funding is an Auburn, ME based private lender who provides loans in 47 states across the US. They provide lending solutions for a variety of situations and needs, including bridge loans and commercial hard money loans. ...
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 ...
CIVIC Private Money Lending
2015 Manhattan Beach Blvd
Redondo Beach, CA 90278
CIVIC Private Money Lending is a Redondo Beach, CA based hard money lender offering funding in 10 states throughout the country. They provide loans for a variety of scenarios, including private refinancing, fix and flip hard money loans, hard ...
Cherrywood Commercial
20955 Pathfinder Road, Suite 370
Diamnond Bar, CA 91765
Cherrywood Commercial is a Diamnond Bar, CA based private money lender who provides loans in 48 states throughout the United States. They provide lending solutions for many different situations, including short term bridge loans and commercial hard money loans. ...
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, ...
Peak Choice Capital
601 Silver Creek Drive
Shorewood , IL 60432
Chicago-based lender Peak Choice Capital is a private lender providing funding in 45 states throughout the US. Peak Choice Capital offers short-term bridge loans, DSCR loans for investment properties (1-4 units and 5+ units), cash-out loans, fix-and-flip loans, and small-balance ...
Mortgage Capital & Investment
7520 E Angus Dr.
Scottsdale, AZ 85251
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 ...
Heartland Capital Group
15455 Dallas Parkway, suite 600
Addison, TX 75001
Heartland Capital Group is an asset-based lender in Addison, TX providing funding throughout Texas, Arizona, New Mexico, Utah, and Colorado. They offer lending solutions for a variety of scenarios, including commercial loans, short term loans, and cash ...
RLS Mortgage
4455 E. Camelback Rd, Suite D135
Phoenix, AZ 85018
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 ...
Sharestates
45 North Station Plaza
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 ...
Private Money Utah
349 E. 900 S. Suite 201
Salt Lake City, UT 84111
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, ...
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 ...
Inca Capital
7377 East Doubletree Ranch Road, Suite 190
Scottsdale, AZ 85258
Inca Capital is a Scottsdale, AZ based private lender who offers loans in Arizona, Colorado, California, and Nevada. They offer long term rental property loans, fix and flip hard money loans, short term loans, hard money loans for ...
Resolve Funding
5600 Arapahoe Ave
Boulder, CO 80303
Resolve Funding is a Boulder, CO based private lender who provides funding in 18 states across the US. They offer hard money bridge loans, fix-and-flip hard money loans, cash out loans, and commercial loans. Their lending guidelines ...
Boomerang Capital
PO Box 20130
Mesa, AZ 85277
We offer innovative financing solutions to our borrowers under-served by traditional banks. And, unlike other non-traditional lenders, we work for you. You talk to a real person about your project and requirements, and we work to get you going.
Hard Money Loan Service
916 E. Baseline Rd, Suite 106
Mesa, AZ 85204
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 ...
Broakmark Real Estate Management
383 Corona Street
Denver, CO 80218
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, ...
Payette Financial Services
202 N. 9th Street, Suite 300
Boise, ID 83702
Payette Financial Services is a Boise, ID based hard money lender offering loans in 10 states throughout the United States. They provide loans for a variety of needs and situations, including short term fix and flip loans, cash out ...
Taylor Derrick Capital
357 W 200 S #200
Salt Lake City, UT 84101
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 ...
Del Mar Financial & Investments
14301 N 87th St, Suite 212
Scottsdale, AZ 85260
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, ...
Jacobs Funding and Investments
10105 E. Via Linda, 103-162
Scottsdale, AZ 85258
Jacobs Funding and Investments is a hard money lender headquartered in Scottsdale, AZ providing funding throughout Arizona. They offer cash out hard money loans, private commercial loans, fix and flip hard money loans, short term loans, and investment ...
Gencor Commercial Capital
8260 E. Raintree Dr, Suite 205
Scottsdale, AZ 85260
Headquartered in Scottsdale, AZ, Gencor Commercial Capital is a hard money lender offering funding throughout Arizona and Florida. They provide lending solutions for a variety of needs and situations, including fix-and-flip hard money loans, commercial hard money loans, ...
Steeple Rock Funding
670 E Encinas Ave
Gilbert, AZ 85234
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 ...
Artemis Realty Capital
2525 E. Camelback Rd., Suite 1050
Phoenix, AZ 85016
Artemis Realty Capital is private money lender headquartered in Phoenix, AZ. They offer loans in Southern California. They provide loans for a variety of scenarios, including hard money loans for commercial properties, hard money refinancing, and ...
Helvetica Funding Group
5927 Balfour Ct., Suite 208
Carlsbad, CA 92008
Helvetica Funding Group is a Carlsbad, CA based private money lender who offers loans in California, Arizona, Florida, Oregon, and Texas. They provide hard money loans for commercial properties, private refinancing, fix and flip hard money loans, hard ...
Liberty Financial
14742 Beach Blvd. #428
La Mirada, CA 90638
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 ...
IPF Loans Phoenix
14301 N 87th St #303
Scottsdale, AZ 85260
IPF Loans Phoenix is a Scottsdale, AZ based private money lender. They offer loans in Arizona. They offer lending solutions for a variety of situations, including commercial hard money loans, cash out loans, bridge loans, rental property loans, ...
Unlimited Capital Group
2670 N. Main St, Suite 350B
Santa Ana, CA 92705
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 ...
Scottsdale Private Lending
8655 East Via De Ventura, Suite G-170
Scottsdale, AZ 85258
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, ...
Alternative Financial Services
PO Box 40186
Spokane, WA 99220
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 ...
Source Capital
445 S. Figueroa Street, Suite 3199
Los Angeles, CA 90071
Source Capital is an asset-based lender headquartered in Los Angeles, CA offering loans in California, Arizona, and Minnesota. They provide loans for a variety of situations and needs, including bridge loans, fix-and-flip loans, hard money refinancing, and ...
New Wave Loans
19950 W. Country Club Drive, #904
Aventura, FL 33180
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 ...
Omega Funding
PO Box 200862
Denver, CO 80220
Omega Funding is a hard money lender headquartered in Denver, CO providing funding in 8 states throughout the US. They provide hard money loans for commercial properties, short term loans, and refinancing. They provide terms between ...
YC Funding
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 ...