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There are 50 commercial private money lenders serving Clinton, MD. In this city, the mean amount for loans is $295,313. Rates on private loans made to Clinton investors average around 11.2%. The average term offered for notes is 15 months. A typical loan made in this city includes a 3.6 percent origination cost. Lenders typically offer a 73% loan-to-value on hard money loans in Clinton.
To accommodate her business, Joanne needs to acquire a new commercial building. After being turned down for commercial mortgage from her bank, she applies for a commercial hard money loan from Dimension Finance. The lender agrees to a 80% loan-to-value (LTV) on the sale and the new building costs $1,970,000, so they will contribute $1,576,000 and Joanne will pay the remaining $394,000. Additionally, the lender will charge a 4 point origination fee in combination with the 11%, 4 year term on the loan. They will not charge a pre-payment penalty in case Joanne pays off the loan early. Joanne may eliminate the loan at any point if she pays off the $1,576,000 of principle, however, she will must make $14,447 monthly interest payments ($1,576,000 principle value x 11% interest rate / 12 months per year) in the meantime, or until the loan expires. Since there is no pre-payment penalty, the only additional cost she would have to pay is the $63,040 origination cost which she will pay at the closing.
To accommodate her growing business, Eleanor must buy a new warehouse. After she is denied a conventional mortgage loan from her local bank, she obtains a commercial hard money loan from Credence Finance. The lender contracts to a 50% loan to value (LTV) on the sale and the new property costs $540,000, so they will contribute $270,000 and Eleanor will pay the other $270,000. In addition, the lender will collect a 2 point origination fee in combination with the 8%, 2 year term on the note. They will not charge a pre-payment penalty in case Eleanor pays off the loan before expiration. By the rules of this loan, Eleanor will have to pay an origination charge of $5,400 at the close (2% x $270,000 principle) and will then start making payments of $1,800 monthly ($270,000 principle x 8% interest / 12 months per year). Finally, she will make a final payment of the $270,000 principle when the loan expires, or sooner if she chooses.
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 ...
350 Fortune Terrace, Second Floor
Rockville, MD 20854
Bluewater Funding is an asset-based lender in Rockville, MD providing funding throughout Washington DC. They provide lending solutions for many different needs and situations, including commercial loans, fix and flip hard money loans, hard money refinancing, and short ...
13101 Glen Rd
North Potomac, MD 20878
Equity Lending Inc is a private money lender based in North Potomac, MD providing funding in Washington DC. They provide private commercial loans, hard money bridge loans, buy and hold loans, cash out hard money loans, fix and flip ...
4619 41st Street NW, 2nd Floor
Washington DC, DC 20016
RevitaLending is a hard money lender that specializes in short-term investment loans. They have been lending since 2007. Their lending guidelines are simple, direct, and hassle-free. They offer rehab loans, bridge loans, long-term rental loans, and small ...
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 ...
5230 Las Virgenes Rd, Suite 105
Calabasas, CA 91302
Anchor Loans is a California based Hard Money Lender. They provide loans in 46 states throughout the US. They are the largest Fix-and-Flip lender in the U.S. lending over $7.1 Billion life-to-date in total loan volume to real estate investors. ...
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, ...
1510 Central Ave, Suite 380
Albany, NY 12205
Headquartered in Albany, NY, CMN Funding is a hard money lender providing loans all across the US. Their lending focus is primarily on private commercial real estate loans. They issue loan amounts starting at $100,000 with no maximum. They will ...
932 Hungerford Drive, Unit 6
Rockville, MD 20850
Based in Rockville, MD, ACC Mortgage is a hard money lender offering loans in 16 states across the country. They offer fix and flip loans, commercial loans, private refinancing, and buy and hold loans. Their loan parameters ...
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 ...
35 Old Post Road
Southport, CT 06890
Stormfield Capital is a Southport, CT based private money lender. They provide funding in 12 states throughout the country. They offer lending solutions for a variety of needs and situations, including hard money loans for commercial properties, cash ...
321 N Central Expressway, Suite 360
McKinney, TX 75071
Global Integrity Finance are commercial hard money lenders based in McKinney, Texas. They specialize in hard money loans for commercial properties, bridge loans, fix and flip loans, and construction loans in some cases. They fund all loans using their own ...
1121 E. Mullan Ave
Coeur d'Alene, IA 83814
Based in Coeur d'Alene, IA, COGO Capital is an asset-based lender providing loans in 45 states throughout the US. They provide private commercial loans, fix-and-flip loans, and loans for investments properties. Their loan guidelines are flexible, including ...
29 Union Ave
Lakehurst, NJ 08733
Headquartered in Lakehurst, NJ, Alpha Funding Solutions is a hard money lender providing funding throughout New Jersey, Connecticut, Pennsylvania, New York, Maryland, Delaware, and Florida. They offer hard money bridge loans, long term rental property loans, private commercial ...
Falls Church
Falls Church, VA 22042
For the past decade we have been the Washington DC metropolitan area’s premier direct private lender. Borrowers go to banks to fill out applications, borrowers come to Fulford for fast funding. If you need business or investment related ...
15000 Ventura Blvd Ste 300
Sherman Oaks, CA 91403
Patch Lending (formally Patch of Land) is a national private lender offering real estate investors fast and reliable financing for investment properties. Patch offer short-term single-family and multi-family bridge, fix & flip, ground-up construction, and long-term rental property financing. They ...
1710 Connecticut Avenue NW, Suite 300
Washington DC, DC 20009
Great Jones Capital is hard money lender headquartered in Washington DC. They provide loans throughout Washington DC, Maryland, and Virginia. They offer loans for a variety of scenarios, including fix and flip hard money loans, private ...
4425 Ponce De Leon Blvd, Suite 250
Coral Gables, FL 33146
Silver Hill Funding is private lender based in Coral Gables, FL. They provide funding in 39 states throughout the United States. Their lending focus is primarily on commercial loans. They provide rates ranging between 6% ...
2815 Hartland Road, Suite 200
Falls Church, VA 22043
Based in Falls Church, VA, Washington Capital Partners is a direct hard money lender providing loans in Washington DC, Maryland, Virginia, Pennsylvania, North Carolina, and beyond. They offer lending solutions for a variety of investing strategies, including fix and flip ...
66 Hudson Street, Suite 301
Hoboken, NJ 07030
Asset Based Lending LLC is a Hoboken, NJ based hard money lender who offers funding in 9 states across the US. They offer loans for a variety of scenarios, including new construction loans, hard money refinancing, loans for investments ...
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 ...
21650 Oxnard Street, Suite 1700
Woodland Hills, CA 91367
Genesis Capital is a Woodland Hills, CA based private lender. They provide funding in 17 states throughout the United States. They offer ground up construction loans, bridge loans, buy and hold loans, fix-and-flip loans, private refinancing, and ...
7777 Glades Road
Boca Raton, FL 33436
Layla Capital is a direct lender based in Boca Raton, FL (formerly New York City) that specializes in small to middle market debt opportunities in primary and secondary markets nationwide, with a greater focus on the East Coast and Midwest. ...
6401 Congress Ave, Suite 215
Boca Raton, FL 33487
Gelt Financial LLC was founded in 1989 to help both borrowers and brokers finance their real estate. With loan amounts from $100K-$5M on vacant, non-owner occupied, and owner-occupied properties, Gelt Financial funds both purchases and refinances. Additionally, Gelt provides creative ...
18301 Von Karman, Suite 330
Irvine, CA 92612
Center Street Lending is a private lender headquartered in Irvine, CA offering loans in 13 states 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 ...
4021 University Dr #200
Fairfax, VA 22030
Walnut Street Finance provides short-term (6-24 month) commercial loans to small and mid-sized independent real estate builders, developers and investors in Virginia, Maryland, Washington, DC, Delaware, North Carolina, South Carolina, and Pennsylvania.They require minimal upfront capital from their borrowers and ...
10015 Old Columbia Rd, Suite H-125
Columbia, MD 21046
Headquartered in Columbia, MD, Hard Money Bankers is an asset-based lender offering loans in Maryland, Virginia, Washington DC, Pennsylvania, and New Jersey. They offer lending solutions for many different needs and situations, including private refinancing, commercial loans, fix ...
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. ...
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. ...
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 ...
1 Linden Place
Great Neck, NY 11021
Based in Great Neck, NY, National Advance Group is an asset-based lender providing loans in 50 states across the United States. They offer lending solutions for a variety of scenarios, including commercial hard money loans and fix-and-flip hard money ...
45 North Station Plaza
Great Neck, NY 11021
Sharestates is a private, hard money lender in 46 states across the US. We offer financing solutions for a variety of needs and situations, including hard money loans for commercial properties, residential fix and flips, ground up construction, and long ...
7 Towpath Lane
Avon, CT 06001
Based in Aon, CT, Capital Three Sixty is an asset-based lender providing loans in 15 states across the United States. They provide lending solutions for a variety of scenarios, including hard money loans for commercial properties, loans for investments ...
1101 Brickell Ave
Miami, FL 33131
NSB Financing is a Miami, FL based hard money lender. They offer loans in 10 states throughout the United States. They offer loans for many different situations and needs, including commercial hard money loans, hard money construction loans, ...
15 Sudbrook Lane
Baltimore, MD 21208
Trius Lending Partners is a hard money lender in Baltimore, MD providing funding in Maryland, Pennsylvania, Delaware, Washington DC, and Virginia. They provide loans for many different situations and needs, including commercial loans, short term bridge loans, fix ...
439 W Vine St
Kissimmee, FL 34741
Aero Capital Finance is a Kissimmee, FL based private lender. They provide loans in 18 states throughout the United States. They offer loans for a variety of scenarios, including private refinancing, fix and flip loans, hard money loans ...
11350 Random Hills Road #720
Fairfax, VA 22030
Adler Private Lending is a hard money lender based in Fairfax, VA offering loans throughout Washington DC, Maryland, and Virginia. They provide loans for many different scenarios, including bridge loans, cash out hard money loans, private commercial loans, ...
211 South Ridge Street
Rye Brook, NY 10573
Pepe Berard Capital is hard money lender based in Rye Brook, NY. They provide loans in 12 states across the US. They provide private commercial loans, new construction loans, bridge loans, fix and flip hard money loans, ...
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 ...
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, ...
806 West Diamond Ave, Suite 340
Gaithersburg, MD 20878
New Funding Resources is a Gaithersburg, MD-based private money lender providing funding in Washington DC, Maryland, and Virginia. They lend their own funds and specialize in the Greater DMV area. New Funding Resources has been in business since 2006. They ...
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, ...
499 Park Avenue, 26th Floor
New York, NY 10022
Avant Capital Partners is a New York, NY based private money lender who provides loans throughout Chicago, Washington DC, and Boston. They offer hard money bridge loans and commercial hard money loans. Their loan parameters are versatile, ...
400 W Franklin St., Suite 300
Baltimore, MD 21201
Based in Baltimore, MD, PSG Lending is a hard money lender providing funding throughout Washington DC, Philadelphia, Arlington, and Alexandria. They provide loans for a variety of scenarios, including hard money loans for commercial properties, short term loans, ...
611 2nd St, Suite 1
Washington, DC 20002
Headquartered in Washington, DC, Congressional Capital is a private money lender providing loans throughout Washington DC. They provide loans for a variety of scenarios, including private commercial loans, short term fix and flip loans, and builder loans. ...
100 West Road, Suite 300
Towson, MD 21204
Based in Towson, MD, RBF Advisors, LLC is a private lender offering funding throughout Maryland. They provide lending solutions for many different needs and situations, including fix and flip hard money loans and commercial loans. ...
7051 OLD STEUBENVILLE PIKE
Oakdale, PA 15071
US Best Capital Partners LLC is a private lender headquartered in Oakdale, PA offering funding in 41 states across the country. Their focus is primarily on hard money loans for commercial properties. Their lending parameters are versatile, including ...
825 N. Charles Street
Baltimore, MD 21201
Based in Baltimore, MD, EZ Money Lending Co is an asset-based lender offering funding in 9 states across the US. They offer lending solutions for a variety of situations, including private commercial loans and fix-and-flip hard money loans. ...
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 ...
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