Asset Lending and Loans

About Asset Lending and Loans

Asset Lending and Loans offers hard money and bridge financing with 9-12% rate and zero origination points. They will loan up to 75% LTV for purchase and up to 75% construction cost, no points for extensions and transparent 3rd party upfront cost. They offer fast and reliable service and can fund within 2-4 business days.

Loan Types Offered: Fix and Flip Loans, Bridge Loans

Property Types Covered: Single Family, Multi Family

Areas Served: National

Lending Guidelines for Asset Lending and Loans

Below are the general loan guidelines published on the Asset Lending and Loans website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by Asset Lending and Loans.

Loan Example 1

Raul finds a condo in Amarillo, TX to remodel and re-sell. Since he doesn't have enough cash on-hand to purchase the $300,000 project outright, he decides to take out a private money loan from Asset Lending and Loans. As the lender agrees to a 50% loan to value, Raul will have to put 50% down and the principle amount of the note will be $150,000. The terms of the note also stipulate a five percent origination fee which is to be paid at closing and a 12 month, interest-only note with a 13% rate of interest.

Accordingly, Raul will need to contribute a $150,000 down payment in addition to paying a $7,500 origination fee. The monthly interest-only payments will then be $1,625 to the lender. If Raul meets his goal of a $390,000 sales price at the end of the loan term, he would pocket a total profit of $63,000 after re-paying the principle on the note and deducting the money he brought to closing, the origination points, and the total interest payments.

Loan Example 2

Tonya is a real estate investor in Los Angeles, CA. She locates an older townhouse for a renovation project and takes out a private money loan from Asset Lending and Loans with the following features:

$310,000 sales price
70% loan to value (LTV)
18 month term
9% interest rate
5% origination fee

If Tonya achieves her goal of a $434,000 sales price, the final numbers of the project will be as follows:

$434,000 sales price
- $217,000 note principle (70% LTV)
- $93,000 cash paid at closing (30% on 70% LTV)
- $10,850 origination points (5% of the $217,000 principle)
- $29,295 total interest paid (18 months x 9% interest)
-----------------------
= $83,855 gross profit (does not include taxes or renovation costs)

No Reviews Yet

Asset Lending and Loans currently has no reviews. To add a review now, click the link below:

Write a Review for Asset Lending and Loans