Minnesota Hard Money Lenders
Do you need a hard money lender in Minnesota for a real estate project?
Use EmpireFunders to discover The Land of 10,000 Lakes' best licensed and verified private money lenders.
Maybe you found the perfect condominium to fix and flip in Minneapolis or need to refinance your St. Paul office building or possible want to tap into the equity of your Rochester retail center, EmpireFunders’s national and local Minnesota private money lenders are here to get you funded.
Minnesota’s economy is comprised of three main industries, agriculture, manufacturing and mining that contribute to making it one of the wealthiest states in the nation.
With consistent high scores in median family income, education and low unemployment, The Land of 10,000 Lakes is a great place to raise a family.
Top Minnesota Hard Money Loans Summary
Lender | MAX | RATE | LTV | |
|---|---|---|---|---|
$100m | 7% | 65% | ||
$3m | 5.5% | 80% | ||
$2m | 4.75% | 80% |
The 3 Best Hard Money Lenders in Minnesota
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
Merchants Mortgage
Fast, friendly financing
Merchants Mortgage is a private real estate lender headquartered in Greenwood Village, Colorado with affiliate offices and lending partners in various other locations. They work with a diverse range of clients from 1st time borrowers looking to buy their fist investment property to seasoned investors who own hundreds of properties. They fund fix and flip, ground-up construction, 30 year rentals and commercial property loans.
Before You Apply
- Note: We do not lend on owner-occupied properties
- Note: A credit check is required
- Points: Minimum 1.5
- Loan Amount: Minimum of $100,000
Best Features:
- We advance rehab/construction funds so you keep more money in your pocket
- We do not charge interest on undrawn funds
- fast funding 3-7 days
Navigator Private Capital
Knowledge. Experience. Integrity.
Navigator Private Capitol is a private money lender located in Maryland.
They fund short and long-term low-risk development projects across the nation.
They fund many fix and flips and have an extensive network of realtors, mortgage professionals and tradesmen.
They have a variety of specialized loan programs including fix & flip, mulit-family, rental property, new construction and portfolio.
Before You Apply
- Note: We do not lend on owner-occupied properties
- Interest Rate: Minimum of 4.75%
- Loan To Cost: Maximum of 90%
- Note: A credit check is required
Best Features:
- Online application process makes approvals fast and easy.
- Competitive rates and flexible terms customized to each borrower's needs.
- Sincere commitment to end to end customer satisfaction.
Minnesota Hard Money Stats
- Loan Amounts
- $25k to $100m
- Interest Rates
- 4.75% 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 95%
- Closing Time
- 1 to 21 days
States Nearby
Looking for a Private Money Loan?
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