We Lend Money

About We Lend Money

We Lend Money is an asset-based lender offering funding all throughout the US. They provide lending solutions for a variety of situations, including private commercial loans, long term rental property loans, fix-and-flip loans, hard money construction loans, and short term bridge loans. Their loan parameters are flexible, including terms between 1 year and 3 years, rates ranging between 11% and 18%, and loan amounts ranging from $50,000 to $5,000,000 with a maximum LTV of 65%. They will make loans on most types of properties, including single family, multi-family units, apartment buildings, office units, mixed use, retail storefronts, warehouse buildings, storage buildings, and industrial buildings.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans, Commercial Hard Money Loans, New Construction Loans, Bridge Loans

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

Areas Served: National

Lending Guidelines for We Lend Money

Below are the general loan guidelines published on the We Lend Money 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 We Lend Money.

Loan Example 1

Kerry closes on a $380,000 renovation project in Aurora, CO, using a fix-and-flip loan from We Lend Money. The borrower will need to bring 20% of the purchase price in cash to closing based on a 80% loan-to-value stipulated by the lending company. This makes the principle amount from We Lend Money $304,000. The parameters of the deal dictate a 9% note for 6 months. They also stipulate a 1 point origination fee, that will also have to be paid when the property closes.

According to the terms of the loan, Kerry will be required to pay a $3,040 origination fee in addition to 20% of the purchase price, or $76,000, since there is a 80% LTV. Once the loan closes, she will need to pay We Lend Money $2,280 in monthly interest fees, or 9% multiplied times $304,000 divided by 12 months in the year. If Kerry achieves her goal of a $532,000 sales price when the loan expires, she would earn a gross profit of $135,280 after re-paying the principle and deducting the money she contributed at closing, the origination points, and the total interest payments.

Loan Example 2

Steven locates a duplex in Scottsdale, AZ to renovate and resell. Because he does not have enough cash to buy the property outright, he takes a fix and flip loan from We Lend Money with the following parameters:

a) A $280,000 sales price, b) a 80% loan-to-value (LTV), c) a 12 month term, d) a 13% interest rate, and e) a 5% origination fee.

Assuming a $406,000 sales price at the end of the 12 month term, the final numbers for this project would look like the following:

$406,000 sales price
- $224,000 principle on note (80% LTV)
- $56,000 cash paid at closing (20% on 80% LTV)
- $11,200 origination points (5% of the $224,000 principle)
- $29,120 total interest paid (12 months x 13% interest)
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= $85,680 total profit (doesn't include taxes or rehab costs)

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