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 Rowena, South Dakota
We found 15 results for hard money refinance lenders serving Rowena, SD. In this city, the average note amount is $426,786. Rates for private loans average about 10.0%. The average term for loans is 46 months. A typical hard money loan issued in the city carries a 3.5 percent origination cost. The median loan-to-value (LTV) for loans in Rowena is 72%.
Loan Example 1
Nola owns and operates a small business in Rowena, SD. She runs her operation out of a warehouse which she owns outright. So she can obtain much needed funding to expand her business, she cashes out part of the equity she has in her building via a hard money cash-out refi loan from Dynamic Finance Group. In exchange for a first lien position on the building, the lender will fund Nola 60% of its $2,700,000 estimated value. Additionally, they settle on a 12% rate of interest, a 4 year loan period, and they will collect an origination fee of 4 points at the closing. Interest only payments are to be made monthly with the loan principle to be re-paid when the note matures. The principle amount will be $1,620,000 but Dynamic Finance Group will fund Nola $1,555,200 after charging the origination fee of $64,800. Additionally, they will collect $16,200 in monthly interest payments until they are re-paid when the note matures.
Loan Example 2
Jerome owns a an office building for his business's operations in Rowena, SD. He makes a deal with his partner to purchase their piece of the partnership but he does not have the cash to do so. In order to make the transaction happen, he takes money from the equity he has in the building via a hard money cash-out refinancing through Boom Finance Group. The lender performs a market analysis and deems the building is worth around $2,500,000. They decide to loan Jerome 55% of the market value (the LTV). The lender will deduct 4 origination points at the closing and will receive interest-only payments at 12% for 2 years. The principle is to be re-paid in one balloon payment when the loan matures. The loan principle is $1,375,000 but Boom Finance Group will pay Jerome $1,320,000 after subtracting the origination fees of $55,000. Additionally, they will receive $13,750 in monthly interest until they are paid back when the loan matures.
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 ...
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 ...
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. ...