With more than $12.3B in funded loans, Kiavi is one of the nation’s largest private lenders to residential real estate investors!
Refinance / Cash Out Loans in Nunda, South Dakota
Nunda, SD has 17 hard money lenders operating within the city. The average loan issued to borrowers is approximately $350,000. The average interest rate for loans in Nunda is 8.8%. The typical term for loans is 67 months. The average origination for the loans is 2.7 percent. The typical loan to value for loans in Nunda is 76%.
Loan Example 1
Byron owns a a retail space for his business's operations in Nunda, SD. He comes to a deal with his business partner to purchase their piece of the enterprise but he doesn't have enough personal cash to do so. To make the transaction happen, he takes money out of the equity in the building via a private money cash out refinance loan through Forest Grove Funding Corporation. After deeming the real estate to be worth about $2,600,000, the lender contracts to a 65% loan-to-value (LTV) for the loan. The lender will subtract 1 origination points at the close and will then receive interest only payments at 9% for 5 years. The principle will be re-paid in a single balloon payment when the note matures. Byron receives $1,673,100 in cash from Forest Grove Funding Corporation when the deal is executed ($2,600,000 estimated value x 65% LTV - $16,900 in origination charges). He will then make payments each month of $12,675 for the 5 year duration of the note. He will also make one final payment of $1,690,000 to close the debt.
Loan Example 2
Joshua is a business owner in Nunda, SD who owns an office building he uses for his operation. He determines he needs some cash for his company's operation but he is turned down by his local bank for a cash-out refinancing, so he turns to South Side Lending for a hard money refinance. After concluding the real estate to be worth about $2,000,000, they agree to a 60% loan-to-value (LTV) on the transaction. Additionally, they stipulate a 12% rate of interest, a 2 year loan period, and will collect an origination fee of 1 percent at closing. Interest only payments should be made monthly with the principle to be re-paid when the loan expires. Joshua receives $1,188,000 in cash from South Side Lending when the deal is executed ($2,000,000 estimated value x 60% LTV - $12,000 in origination charges). He will then begin making monthly payments in the amount of $12,000 for the 2 year length of the loan. He will also make one final payment of $1,200,000 to retire the debt.
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!
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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Kiavi
2 Allegheny Center, Nova Tower 2, Suite 200
Pittsburgh, PA 15212
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 ...
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 ...
Dominion Financial
32 S Street
Baltimore, MD 21202
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
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 ...
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 ...
Figure.com
650 California Street, Suite 2700
San Francisco, CA 94108
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
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 ...
AMUSA Commercial Capital
301 Commerce Street Ste. 1420
Fort Worth, TX 76102
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 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 ...
ICS Loans
1546 NW 56th Street
Seattle, WA 98107
Headquartered in Seattle, WA, ICS Loans is a private lender providing loans across the US. They provide loans for many different situations and needs, including hard money bridge loans, cash out hard money loans, hard money loans for commercial ...
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. ...
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