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Nation’s fastest and easiest private real estate lender - Funding Fix and Flip, Ground-Up Construction, and DSCR. Closing as fast as 5 business days!
Lebanon, OR has 50 new construction lenders in the city. Note amounts average approximately $384,584. The median rate for loans in Lebanon is 10.4%. The mean loan made in the city has a length of 22 months. The average origination fee for loans is 3.0 percent. The median loan-to-value offered for loans in Lebanon is 74%.
Ginger decides to purchase a home lot in Lebanon, OR and build a duplex in order to resell it. Ginger estimates the building expenses will be about $350,000 and the land is listed for $190,000. Deep Lake Funding will fund the deal at a 60% loan-to-value (LTV) with a 9%, 18 month new construction loan with five origination points to be paid at the closing. There are no pre-payment penalties for the loan and building expenses will be paid in multiple draws. The borrower will need to pay $2,430 monthly in note payments on top of $216,000 down, plus a $16,200 origination charge at the closing. When the loan expires, Ginger sells the house for $720,000. This will earn Ginger a $120,060 gross profit after paying back all expenses of the deal ($324,000 principle amount, $216,000 cash down, $16,200 origination fee, and $43,740 for 18 months of interest payments).
Robbie is a builder who wants to purchase a land lot in Lebanon, OR to construct a new single family home. She obtains a construction loan from Blue Sky Finance with the following stipulations:
a) A $360,000 purchase price for the plot, b) $150,000 in building costs, c) an 85% loan to value (LTV), d) a 12 month term, e) a 12% rate of interest, and f) a 2 point origination fee.
If Robbie achieves her goal of a $710,000 sale, the final numbers of the deal would be the following:
$710,000 sales price
- $433,500 note principle (85% LTV)
- $76,500 cash paid at closing (15% on 85% LTV)
- $8,670 origination points (2% of the $433,500 principle)
- $52,020 interest payments (12 months x 12% interest)
-----------------------
= $139,310 total profit
Nation’s fastest and easiest private real estate lender - Funding Fix and Flip, Ground-Up Construction, and DSCR. Closing as fast as 5 business days!
Offering Fix and Flip, Bridge, and DSCR loans. With same day approvals, 3-5 day close time, and lending in 47 states, Park Place Finance will get your next deal funded fast!
With more than $12.3B in funded loans, Kiavi is one of the nation’s largest private lenders to residential real estate investors!
Temple View Capital is a private lender headquartered in Bethesda, MD. They provide loans in 46 states throughout the US. They provide short-term and long-term fix and flip loans, loans for rental properties, bridge loans, and ground-up new construction loans ...
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Anchor Loans is a California based Hard Money Lender. They provide loans in 46 states throughout the US. They are the largest Fix-and-Flip lender in the U.S. lending over $7.1 Billion life-to-date in total loan volume to real estate investors. ...
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Veristone Capital is private lender headquartered in Kirkland, WA. They offer loans in Oregon and Washington. They offer hard money bridge loans, fix and flip loans, new construction loans, commercial loans, and cash out hard money ...
Legacy Group Capital (Legacy) is an integrated real estate company focused on community-based engagement in private lending and real estate investing. Legacy empowers homebuilders, real estate investors, homeowners, and homebuyers with a flexible lending and investment platform. The Legacy platform ...
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Private Money Utah is a Salt Lake City, UT based hard money lender who provides loans throughout Chicago. They provide lending solutions for many different situations, including short term fix and flip loans, construction loans, commercial hard money loans, ...
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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 ...
Direct Lender Programs - Purchase, Refi, Cash Out, Rehab, Construction, Property Types SFR, 2-4's, Residential Portfolios, Loan Amounts from 250k to 3.5m, Nationwide excluding MN, ND, OR, SD, VT, NV, AZ & UT. -------- All Inclusive Lending Additional Programs ...
Funding Fix & Flip, Ground-Up Construction, and DSCR loans in 35 States. We're the lender for real estate entrepreneurs looking for fast funding, fair pricing, and amazing service.
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 ...
Primeau Funding is hard money lender based in Scottsale, AZ. They provide loans across the United States. They provide short term bridge loans, ground up construction loans, commercial loans, and fix-and-flip hard money loans. They ...
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Veristone Mortgage is private lender headquartered in Meridian, ID. They offer loans throughout Oregon, Washington, and Idaho. They provide loans for a variety of scenarios, including short term fix and flip loans, construction loans, hard money ...
Headquartered in Seattle, WA, Mortgage Equities Inc is an asset-based lender offering loans throughout Washington, Oregon, and Idaho. They provide loans for many different needs and situations, including ground up construction loans, bridge loans, and commercial hard ...
Silverado Funding is private lender headquartered in Portland, OR. They provide loans throughout Oregon. They provide builder loans, hard money bridge loans, cash out hard money loans, and fix and flip loans. They issue ...
Based in Santa Ana, CA, Unlimited Capital Group is a private lender offering loans in 15 states across the country. They offer loans for a variety of situations, including fix-and-flip loans, refinancing, bridge loans, loans for rental properties, commercial ...
Private Capital Northwest is hard money lender based in Lynwood, WA. They provide funding throughout Washington, Oregon, and Idaho. They provide short term bridge loans, hard money loans for commercial properties, builder loans, and short ...
Lewis Hanson and Company is an Albany, OR based private money lender providing loans in Oregon. They offer loans for many different scenarios, including hard money loans for commercial properties, hard money bridge loans, long term rental property loans, ...
Rain City Capital of Oregon is a private capital lender providing experienced real estate investors with favorable financing opportunities. We take a common sense approach to our review of residential, multifamily and mixed use investment opportunities. Whatever you want your ...
Headquartered in Salt Lake City, UT, Taylor Derrick Capital is a hard money lender offering funding in 10 states across the country. They provide lending solutions for a variety of scenarios, including commercial loans, loans for rental properties, hard ...
Based in Seattle, WA, WADOT Capital is a hard money lender offering loans in Washington, Oregon, and Idaho. They offer lending solutions for a variety of situations and needs, including hard money construction loans, fix and flip hard ...
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Eastside Funding is a Kirkland, WA based private money lender. They offer loans throughout Washington, Oregon, and Idaho. They offer lending solutions for a variety of situations, including commercial loans, short term loans, fix-and-flip hard money loans, ...
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