Capital Lending Group

About Capital Lending Group

Capital Lending Group is an asset-based lender in Minneapolis, MN offering loans throughout Minneapolis and St Paul. They offer loans for many different situations, including fix-and-flip hard money loans and new construction loans. Their loan guidelines are versatile, including rates ranging between 9.99% and 15.99%, loans with a maximum LTV of 70%, and terms up to 1 year. The focus of their lending is on single family homes.

Loan Types Offered: Fix and Flip Loans, New Construction Loans

Property Types Covered: Single Family

Areas Served: Minneapolis, St Paul

Licenses: NMLS# 377762

Lending Guidelines for Capital Lending Group

Below are the general loan guidelines published on the Capital Lending Group 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 Capital Lending Group.

Loan Example 1

Lonnie is an investor in Minneapolis, MN. He locates a run-down property and wants to rehab it and flip it for a profit. The house has a cost of $290,000 but he doesn't have the full amount so he takes out a fix and flip loan with Capital Lending Group. The lender agrees to write a loan with a 75% loan to value (LTV) so they will extend $217,500 on the project. The terms of the loan dictate a 13% note for 6 months. They also require a 2 point origination fee, that will also have to be paid when the property closes.

Lonnie will have to contribute $72,500 to the closing (25% on the 75% loan-to-value), plus he will pay the $4,350 origination fee. he will then pay $2,356 monthly to Capital Lending Group. If Lonnie achieves his goal of a $362,500 total sales price when the loan term expires, he would pocket a gross profit of $54,013 after re-paying the principle and deducting the money he contributed at closing, the origination fee, and the total monthly interest payments.

Loan Example 2

Capital Lending Group makes a private money loan to Clarence for a renovation project in Minneapolis, MN. The deal includes the following:

$290,000 sales price
55% loan-to-value (LTV)
6 month term
14% interest rate
2% origination fee

Clarence intends to list the project when the note expires for $406,000. If he succeeds, the final numbers will be the following:

$406,000 sales price
- $159,500 loan principle (55% LTV)
- $130,500 down payment (45% on 55% LTV)
- $3,190 origination fee (2% of the $159,500 principle)
- $11,165 interest payments (6 months x 14% interest)
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= $101,645 total profit (doesn't include taxes or renovation costs)

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