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 Madison, South Dakota
There are 15 results for hard money refinance lenders serving Madison, SD. The median loan issued is approximately $418,438. Interest rates on loans issued to Madison investors average around 9.4%. 29 months is the median length for notes issued in this city. The average origination for loans is 2.3 points. 76% is the typical LTV offered for offered by lenders in Madison.
Loan Example 1
Earl owns a business in Madison, SD. He runs his operation out of a building which he owns in full. He comes to an agreement with his partner to buy out their piece of the company but he does not have the fund for the deal. To make the transaction happen, he takes money out of the equity he has in the property via a private money cash-out refi loan from Axis Investments. The lender performs a market value comparison and determines the property is worth $2,300,000. They agree to loan Earl 40% of this estimated value (the LTV). They also specify a 12% interest rate, a 3 year loan term, and will charge an origination fee of 4 percent at the closing. Interest only payments should be made each month with the principle to be repaid when the loan expires. The loan principle will be $920,000 but Axis Investments will front Earl $883,200 after subtracting the origination fee of $36,800. Additionally, they will collect $9,200 in monthly interest until they are re-paid when the loan expires.
Loan Example 2
Dave owns and operates a company in Madison, SD. He runs his operation out of a building that he owns outright. He makes a deal with his partner to buy out their piece of the company but he does not have the personal funds to do so. To make the transaction move forward, he takes money out of the equity in his building via a hard money cash out refinance from Affluent Finance Company. In exchange for a first lien position on the building, the lender agrees to loan Dave 45% of its $2,600,000 market value. The lender will deduct 3 origination points at the close and will receive interest-only payments at 11% for 1 years. The principle is to be re-paid in a single balloon payment when the loan matures. Dave will receive $1,134,900 in cash from Affluent Finance Company when the loan is executed ($2,600,000 estimated value x 45% loan-to-value - $35,100 in origination fees). He will then begin making monthly payments of $10,725 for the 1 year duration of the loan. He will then make a final payment of $1,170,000 to retire the debt.
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 ...
Roc Capital
645 Madison Ave
New York City, NY 10022
Headquartered in New York, NY, Roc Capital is a lender offering loans all across the United States. They offer fix-and-flip loans, private refinancing, bridge loans, and commercial loans. Their loan guidelines are flexible, including rates starting at 7.49% , loan ...
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. ...
Your Information is Processing