With more than $12.3B in funded loans, Kiavi is one of the nation’s largest private lenders to residential real estate investors!
Fix and Flip Loans in Paramus, New Jersey
Paramus, NJ has 50 fix and flip lenders issuing loans in the city. The mean amount for loans is $377,188. Rates for loans average around 11.0%. The typical term for loans is 17 months. The mean points applied to loans is 2.6%. 71% is the median loan to value (LTV) for for loans in Paramus.
Loan Example 1
Vera takes a fix-and-flip loan from Red Oak Funding in order to rehab a townhome to resale in Paramus, NJ. The list price of the house is $180,000. The borrower will need to contribute 15% of the purchase price in cash to closing based on a 85% loan-to-value stipulated by the lender. This makes the principle amount from Red Oak Funding $153,000. The parameters of the note also include a three point origination fee which will be paid at closing and a 18 month, interest-only note with a 8% interest rate.
In addition to paying the $4,590 origination fee, Vera will also fund $27,000 of the purchase with her own money, or 15% of the purchase price. The monthly interest-only payments will then total $1,020 to the lender. At the expiration of the note, she sells the rehabed house for $225,000. After subtracting the $18,360 in total interest payments ($1,020 times 18 months), the $4,590 origination fee, the $153,000 principle amount on the note, and the $27,000 she brought to closing, she will make a total profit of $22,050 ($225,000 sales price minus $202,950 in total costs). This amount would be reduced by any rehab costs paid by the borrow.
Loan Example 2
Superior Finance Company issues a loan to Christopher for a remodeling project in Paramus, NJ. The deal includes the following:
$200,000 sales price
85% loan to value (LTV)
18 month term
14% interest rate
3% origination fee
Christopher plans to sell the property when the note expires for $290,000. If he succeeds, the deal numbers would be the following:
$290,000 sales price
- $170,000 loan principle (85% LTV)
- $30,000 down payment (15% on 85% LTV)
- $5,100 origination points (3% of the $170,000 principle)
- $35,700 interest payments (18 months x 14% interest)
-----------------------
= $49,200 gross profit (does not include taxes or rehab costs)
Offering a better alternative to hard money, Navigator Private Capital, LLC (NavCap) has reimagined private real estate lending--making it accessible to real estate investors at all experience levels.
Offering Fix and Flip, Bridge, and DSCR loans. With same day approvals, 3-5 day close time, and lending in 47 states, Park Place Finance will get your next deal funded fast!
Temple View Capital
7550 Wisconsin Ave. 10th Floor
Bethesda, MD 20814
Temple View Capital is a private lender headquartered in Bethesda, MD. They provide loans in 46 states throughout the US. They provide short-term and long-term fix and flip loans, loans for rental properties, bridge loans, and ground-up new construction 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 ...
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 ...
LOAN FUNDr
34 South Broadway, Suite 204
White Plains, NY 10601
(212) 634-7899 - Loan Fundr a premier Nationwide asset-based lender using technology to close loans fast. We think creatively, providing fair and transparent loans that get our clients what they need.
Anchor Loans
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. ...
Direct Lending Partner
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, ...
Kiavi
575 Market Street
San Francisco, CA 94105
With more than $20B 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 ...
JCAP Private Lending
3151 Airway Ave, Suite Q3
Newport Beach, CA 92626
Jcap is a Newport Beach, CA based direct lender who closes and services investor funded short-term real estate loans. They provide loans in 43 states. They offer private refinancing, fix-and-flip hard money loans, investment property loans and more. Their loan ...
Next-Financing
6991 E Camelback Rd
Scottsdale, AZ 85251
Next-Financing is based in Scottsdale, Arizona and has a satellite office in Silicon Valley, California. They offer a wide array of financing options for businesses, including fix and flip loans and loans for rental properties. They lend on ...
ACC Mortgage
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 ...
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 ...
Lima One Capital
201 East McBee Ave, Suite 300
Greenville, SC 29601
Since its inception in 2011, Lima One Capital has funded over $9 billion in loans for real estate investors who are building, improving, and stabilizing neighborhoods across the nation. Lima One’s core loan products are New Construction loans for ground-up ...
Do Hard Money
8846 S Redwood Road #C212
West Jordan, UT 84088
Do Hard Money is a hard money lender based in West Jordan, UT providing funding in 13 states throughout the United States. Their lending focus is primarily on fix-and-flip hard money loans. Their lending guidelines are flexible, including ...
Stormfield Capital
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 ...
RCN Capital
75 Gerber Road East
South Windsor, CT 06074
Headquartered in South Windsor, CT, RCN Capital is national, direct, private lender providing funding in 44 states across the country.Established in 2010, we provide short-term and long-term commercial loans ranging from $50k to $2.5M+ for the purchase of non-owner occupied ...
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 ...
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 ...
Global Integrity Finance
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 ...
COGO Capital
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 ...
Alpha Funding Solutions
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 ...
First Equity Funding
1330 Laurel Ave, Suite 104
Sea Grit, NJ 08750
First Equity Funding is hard money lender based in Sea Grit, NJ. They provide loans throughout New Jersey, New York, and Pennsylvania. They offer construction loans and fix-and-flip hard money loans. Their lending guidelines are ...
Patch Lending
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 ...
Residential Capital Partners
3838 Oak Lawn Avenue, Suite 1500
Dallas, TX 75219
Residential Capital Partners is hard money lender based in Dallas, TX. They offer funding in North Carolina, South Carolina, New Jersey, New York, Connecticut, Pennsylvania, and Texas. They offer lending solutions for many different needs and ...
Washington Capital Partners
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 ...
Asset Based Lending LLC
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 ...
Angel Oak Prime Bridge
980 Hammond Drive, Suite 850
Atlanta, GA 30328
Based in Atlanta, GA, Angel Oak Prime Bridge is an asset-based lender offering loans throughout Georgia. They provide loans for many different scenarios, including fix-and-flip hard money loans, short term bridge loans, construction loans, and investment property loans. ...
Straightline Funding
250 N. Trade Street, Suite 209
Matthews, NC 28105
Straightline Funding is direct hard money lender that provides loans in many larger metro areas throughout the US. We specialize in 1-4 family loans for investors. Our loan menu consists of:R2R (Residential For Rent): 30 Year fixed rate loans for ...
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 ...
LYNK Capital
7100 Six Forks Road, Suite 335
Raleigh, NC 27615
LYNK Capital is a fast-growing private lender offering residential renovation, construction, and rental loans. Our team has decades of construction lending experience and we're here to help you through every stage of your project.We lend in: AL, CT, DC, DE, ...
Sherman Bridge Lending
5000 Riverside Drive, Bldg. 5, Suite 100W
Irving, TX 75039
Sherman Bridge Lending is a hard money lender headquartered in Irving, TX.They current lend in the following states: AL, CA, CO, FL, GA, KS, KY, MD, MO, NJ, NC, OH, OK, PA, SC, TN, TX, VA, WI and the District ...
Hard Money Bankers
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 ...
Ashmore Partners
121 Johnson Rd Suite 1, Turnersville NJ 08012
Turnersville , NJ 08012
Ashmore Partners is a private lender headquartered in Turnersville, NJ providing funding nationwide for 1-4 unit non-owner occupied residential real estate. Fix and Flip funding up to 90% of the purchase and 100% of construction financing with a maximum LTV ...
Genesis Capital
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 ...
LendingOne
901 Yamato Rd, Suite 150
Boca Raton, FL 33431
LendingOne is a Boca Raton, FL based private money lender. They provide loans in 41 states throughout the country. They provide loans for investments properties, short term loans, and short term fix and flip loans. They ...
Gelt Financial
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 ...
Navesink River Capital
83 South Street, Suite 302
Freehold, NJ 07728
Navesink River Capital is an asset-based lender in Freehold, NJ providing funding throughout New Jersey and New York. They provide lending solutions for a variety of scenarios, including short term loans, fix and flip loans, and commercial hard ...
Express Hard Money
Jersey City, NJ
Express Hard Money is private money lender headquartered in Jersey City, NJ. They provide funding in New York, New Jersey, and Connecticut. Their lending focus is mainly on fix and flip hard money loans. ...
GMA Hard Money
1145 Broadway Street
Pittsburgh, PA 15035
Based in Pittsburgh, PA, GMA Hard Money is a private lender offering funding in Chicago, Newark, and Pittsburgh. They offer fix and flip loans, cash out hard money loans, buy and hold loans, and private commercial loans. ...
Blue Funding
16 West 29 Street
New York, NY 10001
Headquartered in New York, NY, Blue Funding is a hard money lender providing loans throughout New York and Brooklyn. They offer lending solutions for a variety of scenarios, including fix and flip hard money loans, long term rental property ...
Excel Realty Capital
135 West 50th Street 18D
New York, NY 10022
Excel Realty Capital is a New York, NY based private lender. They offer funding in New York City. They offer loans for a variety of scenarios, including hard money construction loans, short term loans, cash out loans, fix-and-flip ...
Andreadis Capital
4602 Broadway
Atoria, NY 11103
Andreadis Capital is an Atoria, NY based hard money lender. They offer funding in New York City. They offer loans for many different scenarios, including hard money loans for commercial properties, fix-and-flip hard money loans, and buy ...
Dimension Equities
260 Madison Ave
New York, NY 10016
Dimension Equities is a New York, NY based private money lender who provides funding throughout New York City. They provide fix and flip loans, commercial loans, loans for rental properties, short term loans, and cash out loans. ...
JCL Capital
2 Westchester Park Dr, Suite 205
White Plains, NY 10604
JCL Capital is private lender headquartered in White Plains, NY. They offer funding in New York City. They offer loans for many different scenarios, including short term loans, ground-up construction loans, and short term fix and ...
Fort Amsterdam Capital
256 West 116th Street, Floor 2
New York, NY 10026
Fort Amsterdam Capital is a New York, NY based hard money lender who provides loans throughout New York City. They provide fix-and-flip hard money loans, loans for rental properties, private commercial loans, and bridge loans. They issue ...
Continental Finance Corporation
250 E 49th St
New York, NY 10017
Continental Finance Corporation is private lender headquartered in New York, NY. They offer funding in New York City. They provide lending solutions for many different situations and needs, including new construction loans, loans for rental properties, commercial ...
Hard Money Loans New York
1002 Quentin Rd, 2nd floor
Brooklyn, NY 11223
Hard Money Loans New York is a hard money lender headquartered in Brooklyn, NY providing funding in New York City. They provide loans for many different scenarios, including loans for investments properties, hard money bridge loans, fix-and-flip loans, ...
Manhattan Bridge Capital
60 Cutter Mill Rd, Suite 205
Great Neck, NY 11021
Manhattan Bridge Capital is a Great Neck, NY based private money lender who offers funding throughout New York City. They provide long term rental property loans, ground-up construction loans, fix and flip loans, and hard money bridge loans. ...
Hard Money Brooklyn
1726 59th Street
Brooklyn, NY 11204
Hard Money Brooklyn is a private money lender headquartered in Brooklyn, NY offering loans throughout New York City. They provide investment property loans, fix-and-flip loans, private commercial loans, and short term loans. Their lending guidelines are versatile, ...
Gauntlet Funding
68 S. Service Road
Melville, NY 11747
Gauntlet Funding is private lender headquartered in Melville, NY. They provide loans in New York City. They offer private commercial loans, rental property loans, and fix and flip hard money loans. ...
Parapet Capital
112 West 34th Street
New York, NY 10120
Parapet Capital is a New York, NY based hard money lender. They provide loans in New York City. They offer short term loans, fix and flip loans, and rental property loans. They issue terms up ...