Where To Borrow Money In Wasilla Ak

Hard Money Loans in Wasilla, Alaska

There are 29 hard money lenders offering loans in Wasilla, AK. The mean note amount is $281,250. Rates for hard money loans average 11.3%. The mean term offered for loans is 16 months. The average origination percentage applied to the loans is 3.2%. Lenders in Wasilla average a 75% loan to value (LTV) on their deals.

Brook View Finance Group makes a loan to Jeffery for a renovation project in Wasilla, AK, on a property that is listed for $360,000. The terms of the loan include a 65% loan-to-value (LTV), so he must contribute 35% of the price as cash at closing, making the principle loan amount $234,000. The interest rate on the note is 13% for a length of 18 months and the lender requires a three point origination fee at closing. The interest is to be paid on a monthly basis and the principle will be repaid after the property sells.

By the terms of the loan, Jeffery will be required to pay a $7,020 origination fee in addition to 35% of the sales price, or $126,000, since there is a 65% LTV. After the deal is closed and Jeffery takes the project, he will begin making payments each month of $2,535 to the lender ($234,000 principle x 13% / 12 months). If Jeffery accomplishes his goal of a $504,000 sales price at the end of the loan term, he would collect a gross profit of $91,350 after repaying the principle amount and subtracting the cash he paid at closing, the origination fee, and the total interest payments.

Becky takes out a private money loan from Green Fern Funding Corporation in order to remodel a townhome to flip in Wasilla, AK. The deal has the following parameters:

a) A $360,000 purchase price, b) a 65% loan-to-value (LTV), c) a 6 month term, d) a 12% interest rate, and e) a 3% origination fee.

After the rehab project is completed, if Becky sells the project for $432,000, the outcome would be the following:

$432,000 sales price
- $234,000 principle on note (65% LTV)
- $126,000 cash paid at closing (35% on 65% LTV)
- $7,020 origination points (3% of the $234,000 principle)
- $14,040 total interest paid (6 months x 12% interest)
-----------------------
= $50,940 total profit (does not include taxes or renovation costs)

Temple View Capital is a private lender headquartered in Bethesda, MD. They provide loans in 45 states throughout the US. They provide short-term and long-term fix and flip loans, loans for rental properties and vacation rental properties, bridge loans, and ...

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, ...

"WE LEND YOU GROW" Xpress Loans 911 believes that your business should have ready access to working capital, just like big corporations do. So, we pair you with funders that focus on working with small and mid-sized businesses and are ...

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. ...

Headquartered in Albany, NY, CMN Funding is a hard money lender providing loans all across the US. Their lending focus is primarily on private commercial real estate loans. They issue loan amounts starting at $100,000 with no maximum. They will ...

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 ...

ICG10 Capital is private lender headquartered in Aventura, FL. They offer loans in 44 states throughout the United States. They offer loans for many different scenarios, including short term loans, buy and hold loans, short term fix ...

Dominion Financial Services is a private lender serving professional single-family real estate investors. We offer fix & flip loans, 30-yr fixed-rate rental loans, new construction financing, and multifamily bridge loans. We currently lend in all 50 states and Washington D.C ...

Patch of Land is an asset-based lender based in Los Angeles, CA offering funding all throughout the US. They offer short term bridge loans, private commercial loans, long term rental property loans, refinancing, and fix and flip loans. They offer ...

Jcap is a Newport Beach, CA based direct lender who closes and services investor funded short-term real estate loans. They provide loans in 43 states. They offer private refinancing, fix-and-flip hard money loans, investment property loans and more. Their loan ...

Based in Coeur d'Alene, IA, COGO Capital is an asset-based lender providing loans in 45 states throughout the US. They provide private commercial loans, fix-and-flip loans, and loans for investments properties. Their loan guidelines are flexible, including ...

(212) 634-7899 - Loan Fundr a premier Nationwide asset-based lender using technology to close loans fast. We think creatively, providing fair and transparent loans that get our clients what they need.

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, ...

Based in Delray Beach, Gelt Financial since 1989 is a private money lender offering commercial non bank mortgages national. We offer loans for many different situations and needs, including rental property loans, private commercial loans, fix-and-flip hard money loans, hard ...

T&M Commercial Funding is an Auburn, ME based private lender who provides loans in 47 states across the US. They provide lending solutions for a variety of situations and needs, including bridge loans and commercial hard money loans. ...

Based in Great Neck, NY, National Advance Group is an asset-based lender providing loans in 50 states across the United States. They offer lending solutions for a variety of scenarios, including commercial hard money loans and fix-and-flip hard money ...

Capital Funding Services Corporation has funding partners nationwide to help Get the Funding You Need. Hard Money | Private Money: Commercial, Residential, and Land | Refi-Cash Out, Fixed Term Loans, Cash Advances, Short-Term Bridge Loans, Long-Term Loans, Fix n ...

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 ...

Silver Hill Funding is private lender based in Coral Gables, FL. They provide funding in 39 states throughout the United States. Their lending focus is primarily on commercial loans. They provide rates ranging between 6% ...

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, ...

Grand Coast Capital Group is a Quincy, MA based private lending and investment firm that provides creative financing solutions to local real estate investors, operators, and developers across the country.We offer loans for a variety of situations, including commercial loans, ...

ABC Capital Investments is a Philadelphia, PA based private lender who offers loans all throughout the US. They provide lending solutions for many different scenarios, including long term rental property loans and short term fix and flip loans. ...

AMUSA Commercial Capital is a Dallas, TX based private money lender. They provide funding throughout the country. Their lending focus is mainly on non-bankable commercial real estate loans and Investment 1 to 4 loans. Their loan guidelines are flexible, including ...

Based in Lansdale, PA, 11 Capital Finance is a hard money lender offering funding throughout the United States. They provide hard money construction loans, cash out hard money loans, commercial hard money loans, and bridge loans. ...

Based in Johnson City, TN, Riverdale Funding is a hard money lender offering loans in 37 states across the country. They provide lending solutions for a variety of scenarios, including loans for investments properties, commercial hard money loans, fix ...

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 ...

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. ...

Bridge Well Capital is a hard money lender in Orlando, FL offering funding in 40 states throughout the United States. They provide loans for investments properties, cash out hard money loans, and fix-and-flip hard money loans. Their ...

Allied Commercial Funding is private lender headquartered in Agoura Hills, CA. They provide funding in 43 states throughout the US. They provide lending solutions for a variety of situations and needs, including hard money loans for commercial ...