Alabama Hard Money Lenders
Need a hard money lender in Alabama?
EmpireFunders is the web’s premier online directory of licensed and verified private money lenders.
Whether you are flipping a single-family home in Birmingham, refinancing your Montgomery self-storage facility or purchasing a Huntsville office building; our list of nationwide and regional Alabama private money lenders are the ideal place to start.
With zero professional sports teams, college football is king in The Cotton State.
Aerospace and defense-related companies such as Boeing, Lockheed Martin and Raytheon make up a large part of Alabama’s economy.
Huntsville aka Rocket City is home to The U.S. Space & Rocket Center, the largest space museum in the world.
Top Alabama Hard Money Loans Summary
Lender | MAX | RATE | LTV | |
|---|---|---|---|---|
$1m | 7.75% | 70% | ||
$25m | 7.99% | 75% | ||
$100m | 7% | 65% |
The 3 Best Hard Money Lenders in Alabama
Peak Asset Lending
Peak Asset Lending is a direct bridge lender out of Kansas, they lend on residential properties in 25 states across America.
They provide asset-based loan's from $25k to $1mil and they only lend on non-owner occupied real estate investment properties.
They provide loans on purchases, refinances, rehabs, rehab to perms, new construction and cash-out refinances.
Before You Apply
- Loan Amount: Minimum of $25,000
- Interest Rate: Minimum of 7.75%
Best Features:
- $156m in closed loans, 15 years experience
- Specializes in non-recourse loans
- Provides loans for a variety of purposes, including fix & flip, new construction, refinance and purchase
Seattle Funding Group
Seattle Funding Group is a proven West Coast based hard money lender with over 30 years experience and $1 billion in funded deals.
They provide a variety of specialized loan programs for construction, commercial and residential properties.
Their borrowers are a diverse group of Individuals, corporations, LLCs, partnerships, trusts, estates, international investors.
Before You Apply
- Loan Amount: Minimum of $400,000
- Interest Rate: Minimum of 7.99%
Best Features:
- Over 30 years of experience
- Loans from $300k to $15mil
- Funds commercial, construction and residential projects
Commercial Private Equity
Hard Money Bridge Loans Made Easy
Commercial Private Equity is a direct asset based lender operating out of Atlanta, Georgia. They make nationwide loans on anything from gold mines to equipment and fund many commercial deals.
The have a diverse set of loan programs including commercial hard money, construction, bridge, raw land and workout loans.
Before You Apply
- Loan Amount: Maximum of $100,000,000
- Loan Amount: Minimum of $500,000
- Interest Rate: Minimum of 7%
- Term Length: Minimum of 12 months
Best Features:
- They are a direct lender and loan their own money
- They require very little underwriting and no credit score
- All fees are refundable
Alabama Hard Money Stats
- Loan Amounts
- $25k to $100m
- Interest Rates
- 3.99% to 15%
- Term Lengths
- 1 to 360 months
- Origination Points
- 1 to 5 points
- Loan to Value Ratio
- 65% to 100%
- Loan to Cost Ratio
- 65% to 100%
- Closing Time
- 1 to 25 days
States Nearby
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