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Investment Property Loans in Nunda, South Dakota
A total of 12 records for investment property hard money lenders were found in Nunda, SD. The average note issued to borrowers is about $623,000. The average rate for private loans in Nunda is 10.0%. The average loan made in the city is 21 months in length. The average loan offered in this city carries a 3.0 point origination charge. 70% is the typical loan-to-value offered for offered by lenders in Nunda.
Loan Example 1
Pretty Perfect Lending issues a private money loan to Pedro, a local real estate investor in Nunda, SD who wishes to acquire a $190,000 rental property. Based on a 85% loan-to-value (LTV) contracted to by the lender and borrower, Pedro will have to fund the remaining 15% with his own money. The deal additionally specifies a 2 year note with interest-only payments at 12%, and an origination fee of 4 points. Given this scenario, Pedro will make the following payments: 1) $28,500 down payment at closing (due to the 85% LTV), 2) $6,460 in origination fees (4% x the $161,500 loan principle), and 3) $1,615 per month in interest payments.
Loan Example 2
P & J Investment Corporation issues a hard money loan to Marion, a local real estate investor in Nunda, SD who has decided to purchase a $260,000 investment property. Marion and P & J Investment Corporation agree to a 65% loan to value (LTV) so they will fund 65% of the sales price and Marion will be responsible for the remaining 35%. The deal also specifies a 1 year note with interest-only payments at 14%, and a 4 point origination fee. According to this deal, Marion will have to put down $91,000 of his own funds in the deal in addition to the $6,760 origination fee (4% x $169,000 principle loan). He will also have to pay $1,972 per month in interest.
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, ...
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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 ...
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 ...
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
REI Niche Programs - CA NO appraisal 1st position loans - 65% LTV; 2nd position loans - 60% CLTV, NO minimum FICO, Defaults, foreclosure bail-outs, and bankruptcies OK, 6 mo prepay, cross multiple properties, Rural lower LTVs on a case-by-case ...
Capstone Financial
3014 N. Hayden Rd Suite 115
Scottsdale, AZ 85251
Capstone Financial is a Scottsdale, AZ based hard money lender who provides loans all across the US. They provide lending solutions for a variety of needs and situations, including cash out loans, fix and flip hard money loans, short ...
ABC Capital Investments
1218 N. Marshall Street
Philadelphia, PA 19122
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 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 ...
Aegis Funding
2100 Main Street, suite 265
Huntington Beach, CA 92648
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
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 ...
Money Source of America
4446 Hendricks
Jacksonville, FL 32207
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 ...
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