Arkansas New Construction Loans
We found 16 records for new construction lenders serving Arkansas. Loan amounts average approximately $477,532. The mean interest rate for loans in Arkansas is 10.9%. The median loan issued in this state has a term of 18 months. The average origination fee for the loans is 3.6 points. Lenders offer on average a 76% LTV on loans in Arkansas.
Loan Example 1
Clayton is a home builder and he decides to buy a vacant lot in Batesville, AR in order to construct a house. The land is available for $340,000 and Clayton expects that the building costs for the house will be approximately $350,000. He takes a new construction loan from Friendly Investment Corporation with the following terms: 1) a 12 month note at 9% interest, 2) interest-only payments made each month, 3) 5 origination points paid at closing by the borrower, and 4) a 50% loan-to-value (LTV) on both the lot purchase and the building costs. They will not assess a pre-payment penalty and they will fund the building costs in several draws. According to the stipulations of the loan, Clayton will need to pay $345,000 plus $17,250 in origination fees at closing, then will start making $2,588 per month payments. If Clayton sells the house for $1,030,000 he will pocket a gross profit of $291,700 after paying pack the principle amount and subtracting the origination expense and total interest.
Loan Example 2
Zelma is a builder in Benton, AR. She decides to acquire a land plot and construct a new home. Because she doesn't have enough cash to fund the total deal, she takes out a new construction hard money loan from South Side Lending Corporation with the following terms:
Our specialized programming offers a holistic approach to the needs of individuals requiring post acute and skilled nursing care, as well as personalized long-term care. In conjunction with our subacute specialization in cardiac, orthopedic and pulmonary care, we take pride in our revolutionary Care Navigation model and URGENT SNF Stabilization Program.If Zelma succeeds in her goal of a $1,030,000 sale, the final numbers of the project will be the following:
$1,030,000 sales price
- $345,000 note principle (50% LTV)
- $345,000 cash paid at closing (50% on 50% LTV)
- $6,900 origination points (2% of the $345,000 principle)
- $67,275 total interest paid (18 months x 13% interest)
-----------------------
= $265,825 total profit
With more than $12.3B in funded loans, Kiavi is one of the nation’s largest private lenders to residential real estate investors!
Offering a better alternative to hard money, Navigator Private Capital, LLC (NavCap) has reimagined private real estate lending--making it accessible to real estate investors at all experience levels.
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!
Temple View Capital
7550 Wisconsin Ave. 10th Floor
Bethesda, MD 20814
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 ...
HardMoneyLoans.com is a national lender based in Beverly Hills, CA that can get your loan funded from $250k-$75M for all kinds of real estate projects. We specialize in hard money loans for all commercial and residential properties types, bridge loans, ...
Anchor Loans
5230 Las Virgenes Rd, Suite 105
Calabasas, CA 91302
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. ...
Kiavi
575 Market Street
San Francisco, CA 94105
With more than $20B in funded loans, Kiavi is one of the nation’s largest private lenders to residential real estate investors (REIs). Kiavi harnesses the power of data & technology to offer REIs a simpler, more reliable, and faster way ...
Harbor Private Equity
1075 Peachtree Street NE, Suite 3650
Atlanta, GA 30309
We want to see any commercial transaction that makes sense. The principals at Harbor Private Equity have over 75 years experience in the hard money, bridge loan marketplace. We specialize in raw land, development, construction and bridge loans for non-owner ...
Lima One Capital
201 East McBee Ave, Suite 300
Greenville, SC 29601
Since its inception in 2011, Lima One Capital has funded over $9 billion in loans for real estate investors who are building, improving, and stabilizing neighborhoods across the nation. Lima One’s core loan products are New Construction loans for ground-up ...
New Silver
2475 Albany Ave #203B
West Hartford, CT 06117
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 ...
Global Integrity Finance
321 N Central Expressway, Suite 360
McKinney, TX 75071
Global Integrity Finance are commercial hard money lenders based in McKinney, Texas. They specialize in hard money loans for commercial properties, bridge loans, fix and flip loans, and construction loans in some cases. They fund all loans using their own ...
PB Financial Group
6380 Wilshire Blvd #1610
Los Angeles, CA 90048
PB Financial Group is an asset-based lender based in Los Angeles, CA offering funding throughout California. They provide bridge loans, hard money loans for commercial properties, loans for investments properties, fix-and-flip hard money loans, cash out hard money loans, ...
Park Place Finance
500 West 2nd Suite 1900
Austin, TX 78701
Park Place Finance is a nationwide, direct private lender, specializing in Fix and Flip, Bridge, and DSCR loans. With same day approvals and an average 3-5 day close time, Park Place Finance is the business partner you need to get ...
Sharestates
45 North Station Plaza
Great Neck, NY 11021
Sharestates is a private, hard money lender in 46 states across the US. We offer financing solutions for a variety of needs and situations, including hard money loans for commercial properties, residential fix and flips, ground up construction, and long ...
Peak Choice Capital
601 Silver Creek Drive
Shorewood , IL 60432
Chicago-based lender Peak Choice Capital is a private lender providing funding in 45 states throughout the US. Peak Choice Capital offers short-term bridge loans, DSCR loans for investment properties (1-4 units and 5+ units), cash-out loans, fix-and-flip loans, and small-balance ...
Red Rock Capital
2139 Chuckwagon Road, Suite 315
Colorado Springs, CO 80919
Based in Colorado Springs, CO, Red Rock Capital is a private money lender providing loans in 42 states across the United States. They offer construction loans, bridge loans, fix-and-flip loans, and loans for investments properties. Their loan parameters are flexible, ...
Sunset Equity Funding
6125 Washington Blvd, 3rd Floor
Culver City, CA 90232
Sunset Equity Funding is a hard money lender based in Los Angeles, California. They issue loans in all states except for Alaska, North Dakota, and South Dakota. Their loan offerings include purchase loans, fix and flip loans, new construction loans, ...
Investor Rehab Funding
1995 North Park Place SE, Suite 415
Atlanta, GA 30339
Investor Rehab Funding is hard money lender headquartered in Atlanta, GA. They provide loans in 40 states throughout the US. They offer fix-and-flip hard money loans, private refinancing, investment property loans, and new construction loans. ...
Island View Private Loan Fund
2139 Chuckwagon Road, Suite 315
Colorado Springs, CO 80919
Island View Private Loan Fund is a hard money lender based in Colorado Springs, CO offering funding in 42 states across the US. They offer lending solutions for a variety of situations and needs, including fix and flip hard ...
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