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!
Bridge Loans in Sandy, Utah
There are 42 private money lenders operating in Sandy, UT. In this city, the mean loan amount is $415,357. The mean interest rate for loans in Sandy is 10.3%. The average loan made in the city has a length of 19 months. The average origination fee for the loans is 2.8 percent. Lenders offer on average a 74% loan-to-value (LTV) on hard money loans in Sandy.
Loan Example 1
James finds a townhouse in Sandy, UT to remodel and resell. Since he does not have enough cash available to purchase the $150,000 property outright, he takes out a bridge loan from Redwood Investment Corporation. The lender agrees to issue a loan with a 60% loan to value (LTV) so they will loan $90,000 on the house. The note is interest-only, with monthly payments, and is for 12 months at 14% interest with 2 origination points paid at closing.
On top of the $1,800 origination fee, James will also have to fund $60,000 of the purchase with his own funds, or 40% of the sales price. he will then pay $1,050 monthly to the lender. At the expiration of the loan, he sells the renovated property for $195,000. After subtracting the $12,600 in interest expenses ($1,050 times 12 months), the $1,800 origination fee, the $90,000 principle amount on the loan, and the $60,000 he contributed to closing, he will make a gross profit of $30,600 ($195,000 sales price minus $164,400 in costs). This profit would be reduced by any rehab costs paid by James.
Loan Example 2
Salvador locates a property in Sandy, UT to rehab and sell. Since he does not have enough cash to buy the property outright, he takes a bridge loan from Rolling Brook Finance Corporation with the following parameters:
a) A $300,000 purchase price, b) a 85% loan-to-value (LTV), c) a 12 month term, d) a 13% interest rate, and e) a 4% origination fee.
If Salvador succeeds in his goal of a $390,000 sales price, the numbers of the deal would be the following:
$390,000 sales price
- $255,000 note principle (85% LTV)
- $45,000 down payment (15% on 85% LTV)
- $10,200 origination fee (4% of the $255,000 principle amount)
- $33,150 total interest paid (12 months x 13% interest)
-----------------------
= $46,650 total profit (doesn't include taxes or renovation costs)
With more than $12.3B in funded loans, Kiavi is one of the nation’s largest private lenders to residential real estate investors!
Nation’s fastest and easiest private real estate lender - Funding Fix and Flip, Ground-Up Construction, and DSCR. Closing as fast as 5 business days!
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 ...
Center Street Lending
18201 Von Karman, Suite 400
Irvine, CA 92612
Center Street Lending is a private lender headquartered in Irvine, CA offering loans throughout the country. We provide hard money loans for business purpose and non-owner occupied residential properties. Fix and flip, buy and hold, rental property loans, bridge and ...
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, ...
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 ...
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. ...
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 ...
Asset Avenue
1100 Glendon Ave, 18th Floor
Los Angeles, CA 90024
Asset Avenue is private money lender based in Los Angeles, CA. They provide loans in 44 states across the United States. They provide loans for a variety of needs and situations, including short term loans, investment property ...
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 ...
TNS Loans
1101 W Mineral Ave. #101
Littleton, CO 80120
TNS Loans is a Littleton, CO based hard money lender offering loans throughout Colorado, Kansas, Minnesota, Missouri, Oklahoma, Utah, and Wisconsin. They offer refinancing, commercial hard money loans, hard money bridge loans, new construction loans, and fix-and-flip ...
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 ...
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. ...
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 ...
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 ...
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, ...
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, ...
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 ...
Velocity Mortgage Capital
11241 Willows Rd NE, Suite 120, Bldg C
Redmond, WA 98052
Velocity Mortgage Capital is a wholesale, nationwide lender for asset-based, investment real estate, lending since 2004. We never look at the tax returns or personal income statements of our borrowers. Instead, our focus is the income producing potential of the ...
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. ...
Jade Dog Capital
138 E 12300 S, Suite C
Draper, UT 84020
Jade Dog Capital is hard money lender based in Draper, UT. They offer funding throughout Salt Lake City. They offer commercial hard money loans and short term bridge loans. They offer loan amounts up to ...
Popular Commercial Lending Group
10808 South River Front Parkway Suite 353
South Jordan, UT 84095
Popular Commercial Lending Group is a South Jordan, UT based private money lender who provides funding throughout Salt Lake City. They offer commercial loans and short term loans. They issue rates starting at 9% , terms ...
Real Funding Group
Salt Lake City, UT
Based in Salt Lake City, UT, Real Funding Group is an asset-based lender offering funding in Salt Lake City. They offer loans for a variety of scenarios, including builder loans, short term loans, fix-and-flip loans, loans for rental properties, ...
Allied Commercial Funding
5737 Kanan Rd
Agoura Hills, CA 91301
Allied Commercial Funding is private lender headquartered in Agoura Hills, CA. They provide funding in 43 states throughout the US. They provide lending solutions for a variety of situations and needs, including hard money loans for commercial ...
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 ...
Wasatch Private Money
14572 South 790 West
Bluffdale, UT 84065
Based in Bluffdale, UT, Wasatch Private Money is a private money lender providing funding throughout Utah. Their focus is mainly on hard money bridge loans. Their lending parameters are versatile, including terms between 1 month and 6 ...
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 ...
Riverdale Funding
207 Mockingbird Ln, #402
Johnson City, TN 37604
Based in Johnson City, TN, Riverdale Funding is a hard money lender offering loans in 37 states across the country. They provide lending solutions for a variety of scenarios, including loans for investments properties, commercial hard money loans, fix ...
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 ...
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 ...
NLDS Corp
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 ...
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, ...
Actium Partners
111 East Broadway, Suite 390
Salt Lake City, UT 84111
Actium Partners is a Salt Lake City, UT based private money lender providing loans in Utah. They offer bridge loans and commercial hard money loans. Their lending guidelines are flexible, including terms up to 12 months and ...
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 ...
Capital Assets
6000 S. Fashion Blvd #200
Murray, UT 84107
Capital Assets is private money lender based in Murray, UT. They offer funding throughout Utah. They offer ground up construction loans, bridge loans, investment property loans, fix and flip loans, and commercial hard money loans. ...
Your Information is Processing