
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!
Rowena, SD has 13 investment property hard money lenders in the city. The mean amount loaned in this city is $589,063. Rates on hard money loans made to Rowena investors average about 10.7%. The typical term for loans is 42 months. A typical loan offered in this city includes a 3.3 percent origination charge. Lenders offer on average a 78% loan-to-value (LTV) on hard money loans in Rowena.
Enrique is a real estate investor in Rowena, SD. He discovers a rental property to acquire for $180,000 but he is short on funds so he gets a hard money loan from West End Funding. Since there is a 60% loan to value (LTV) agreed to by the borrower and lender, Enrique will need to fund the remaining 40% in cash. In addition, they agree to a 5 year, interest only loan at a 10% interest rate, with a 2 point origination fee charged when the deal closes. Enrique will need to pay $72,000 of his own cash at the close of the loan (based on the 60% LTV) in addition to the $2,160 in origination points (2% x the $108,000 principle), and he will also begin paying $900 per month after the loan is closed.
Shannon decides to purchase an investment property in Rowena, SD for $180,000 using a private loan from Suburban Investment Corporation. The lender loans Shannon 60% of the value of the investment property (LTV), so she will need to put down the remaining 40%. They also stipulate a 1 year, interest only loan at a 12% rate of interest, with a 4 point origination fee charged at closing. According to this scenario, Shannon will need to fund $72,000 of her own funds into the deal along with the $4,320 origination fee (4% x $108,000 principle amount). She will then be required to make interest payments of $1,080 per month.
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, ...
"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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
Velocity Mortgage Capital is a wholesale, nationwide lender for asset-based, investment real estate, lending since 2004. We never look at the tax returns or personal income statements of our borrowers. Instead, our focus is the income producing potential of the ...
ABC Capital Investments is a Philadelphia, PA based private lender who offers loans all throughout the US. They provide lending solutions for many different scenarios, including long term rental property loans and short term fix and flip loans. ...
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 ...
Aegis Funding is hard money lender based in Huntington Beach, CA. They provide loans throughout California. They offer lending solutions for a variety of needs and situations, including fix and flip loans and long term rental property loans. They issue ...
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 ...
Money Source of America is a Jacksonville, FL based private lender. They provide funding throughout the United States. They offer long term rental property loans, fix-and-flip loans, cash out hard money loans, ground-up construction loans, hard money bridge ...
Your Information is Processing