
With more than $12.3B in funded loans, Kiavi is one of the nation’s largest private lenders to residential real estate investors!
There are 17 records for private money refi lenders operating in Chester, SD. The average loan made to borrowers is about $443,750. Interest rates on hard money loans made to Chester investors average 10.1%. The average term offered for notes is 60 months. The average origination for the loans is 2.3 percent. Lenders typically offer a 75% loan-to-value (LTV) on hard money loans in Chester.
Jorge is a small business owner in Chester, SD and he owns a building he uses for his operation. He turns to Pretty Perfect Investment Corporation for a cash-out refinance loan after he is denied a loan by his credit union for his company's ongoing inventory requirements. In exchange for a first position equity stake on the real estate, the lender agrees to fund Jorge 65% of its $2,500,000 estimated value. They also stipulate a 11% rate of interest, a 4 year loan term, and will collect an origination fee of 3 percent at closing. Interest only payments are to be paid each month with the principle to be repaid when the note matures. The principle amount will be $1,625,000 but Pretty Perfect Investment Corporation will contribute Jorge $1,576,250 after charging the origination fee of $48,750. Additionally, they will collect $14,896 in monthly interest payments until they are paid off when the note matures.
Matilda owns a an industrial building she uses for her business operations in Chester, SD. She makes a deal with her business partner to purchase their ownership of the operation but she doesn't have enough cash on hand for the deal. In order to make the deal move forward, she takes money out of the equity she has in the building through a private money cash out refinance from All State Lending Corporation. The lender will fund 60% of the market value of the real estate (LTV) in exchange for a deed of trust and they estimate the building to be valued at approximately $500,000. The additional stipulations of the deal are as follows : 1) a 13% rate of interest, 2) a 3 year term with interest-only payments made each month, and 3) 1 points charged at the close. Matilda receives $297,000 in cash from All State Lending Corporation when the loan is closed ($500,000 market value x 60% LTV - $3,000 in origination charges). She will then make monthly payments in the amount of $3,250 for the 3 year term of the note. She will then make one final balloon payment of $300,000 to close the debt.
With more than $12.3B in funded loans, Kiavi is one of the nation’s largest private lenders to residential real estate investors!
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, ...
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With more than $21B 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 ...
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 ...
Dominion Financial Services is a private lender serving professional single-family real estate investors. We offer fix & flip loans, 30-yr fixed-rate rental loans, new construction financing, and multifamily bridge loans. We currently lend in all 50 states and Washington D.C ...
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 ...
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 ...
At Figure, we're transforming home equity by creating a faster, simpler and more transparent way to meet your financial goals. Learn how to use the equity in your home to consolidate debt, pay for home improvement, or fund your goals. ...
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 ...
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 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 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 ...
AMUSA Commercial Capital is a Dallas, TX based private money lender. They provide funding throughout the country. Their lending focus is mainly on non-bankable commercial real estate loans and Investment 1 to 4 loans. Their loan guidelines are flexible, including ...
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 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 ...
Based in Charlotte, NC, Finance of America Commercial is a private money lender providing funding all throughout the United States. They offer lending solutions for a variety of situations and needs, including refinancing, hard money bridge loans, fix and ...
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. ...
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