TNS Loans

About TNS Loans

TNS Loans is a Littleton, CO based hard money lender offering loans throughout Colorado, Kansas, Minnesota, Missouri, Oklahoma, Utah, and Wisconsin. They offer refinancing, commercial hard money loans, hard money bridge loans, new construction loans, and fix-and-flip loans. They provide loan amounts ranging from $50,000 to $1,000,000 with a maximum LTV of 70%, rates ranging between 11% and 12%, and terms between 0 and 24 months. They offer loans on all the following property types: single family, multi family residences, apartments, offices, retail storefronts, storage buildings, mixed use buildings, undeveloped land, and industrial facilities.

Loan Types Offered: Fix and Flip Loans, Commercial Hard Money Loans, New Construction Loans, Refinance / Cash Out Loans, Bridge Loans

Property Types Covered: Single Family, Multi Family, Apartment, Office, Retail, Storage, Mixed Use, Land, Industrial

Areas Served: CO, KS, MN, MO, OK, UT, WI

Licenses: NMLS#1719349

Lending Guidelines for TNS Loans

Below are the general loan guidelines published on the TNS 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 TNS Loans.

Loan Example 1

TNS Loans issues a private money loan to Andrew for a renovation project in Minneapolis, MN, on a property that is listed for $290,000. The terms of the note include a 65% loan-to-value (LTV), so he must bring 35% of the price as cash to closing, making the principle note amount $188,500. The parameters of the note also include a four point origination fee that is to be paid at the closing and a 18 month, interest-only note with a 12% rate of interest.

Andrew will need to bring $101,500 to the closing (35% on the 65% loan-to-value), plus he will have to pay the $7,540 origination fee. he will then pay $1,885 per month to TNS Loans. If Andrew achieves his goal of a $348,000 total sales price at the end of the loan term, he would earn a gross profit of $16,530 after re-paying the principle amount and subtracting the money he paid at closing, the origination fee, and the total monthly interest payments.

Loan Example 2

Jackie locates a property in Minneapolis, MN to rehab and resell. Because she does not have enough cash to buy the property outright, she takes a fix and flip loan from TNS Loans with the following parameters:

a) A $380,000 purchase price, b) a 70% loan to value (LTV), c) a 18 month term, d) a 11% interest rate, and e) a 1% origination fee.

After the rehab project is completed, if Jackie sells the house for $475,000, the outcome would be the following:

$475,000 sales price
- $266,000 principle on note (70% LTV)
- $114,000 cash paid at closing (30% on 70% LTV)
- $2,660 origination fee (1% of the $266,000 principle)
- $43,890 interest payments (18 months x 11% interest)
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= $48,450 gross profit (does not include taxes or rehab costs)