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Minnesota Hard Money Lenders

Minnesota Hard Money Lenders

2018-10-31T12:12:25+00:00 Pages|

Looking for Minnesota hard money lenders?  Trying to find a hard money loan can be a challenging and time consuming process to go through on your own. And the person who helps you get the money you need to borrow from private investors is a hard money lender. (In the world of banking this person is generally referred to as a loan officer.) So, Private Money Lending Guide includes a directory of Minnesota hard money lenders who will assist you in getting a hard money loan.

In addition to helping you find a hard money lender, The Private Money Lending Guide is a comprehensive online resource for borrowers interested in learning more about the world of hard money loans and hard money lending.

Find a Minnesota Hard Money Lender

Use our #1 Hard Money Lender Directory

Use our nationwide lender directory service to find a hard money lender.  Conveniently, you can search for a lender by:

Contact a Hard Money Lender

Contact one or more of the Minnesota hard money lenders and present your loan scenario. Then interview the lenders.  Next, choose the lender with whom you feel the most comfortable.

Comprehensively we provide hard money lender listings in all of the major metropolitan cities and counties in Minnesota, including: Apple Valley, Blaine, Bloomington, Brooklyn Park, Becker, Burnsville, Erie, Empire, Albertville, Arden Hills, Barnesville, Lester Prairie, Lindstrom, Benson, Big Lake, Madison, Sauk Centre, Sleepy Eye, Southside, Pine City, Ramsey, White Bear Lake, Spencer Brook, Fergus Falls, Apple Valley, Bayport, Coon Rapids, Duluth, Eagan, Eden Prairie, Edina, Lakeville, Maple Grove, Minneapolis, Minnetonka, Plymouth, Rochester, St. Cloud, Lexington, St. Louis Park, Zimmerman, St. Paul, Woodbury and many other cities and counties in MN.

Find a Hard Money Lender in Minnesota

Frequently Asked Questions about Finding Minnesota Hard Money Lenders:

How does the Hard Money Lending Guide help me find hard money lenders in Minnesota?
Our guide will give you the information necessary to directly contact a Minnesota hard money lender to borrow hard money in MN. Since you are able to choose lenders by loan type, it’s the best directory of hard money lenders in the country.

What is the best way to find hard money real estate loans in Minnesota?
No matter what kind of loan you are looking for, whether it be a loan for commercial real estate, residential real estate, land, new construction, a bridge loan or a rehab loan, our hard money lending guide directory will put you in contact with the best Minnesota real estate lenders so you can borrow hard money with loan terms that best fit your needs.

How do I find a hard money lender in Minnesota?
A real estate hard money lender is an extremely important resource when you are looking to get a hard money loan in MN. To find a list of Minnesota hard money lenders, visit our hard money lender directory which includes Minnesota hard money lenders.

Find a Hard Money Lender in Minnesota

FAQ Continued…

Where does the money come from in a hard money loan?
The funds come from private investors. The source could be an individual investor or a group of investors.

How do I know if I qualify for a hard money loan?
Find a lender who specializes in the type of loan for which you are looking. For example, if you need a loan for a commercial property, find an expert in commercial lending. The Private Money Lending Guide can assist you in locating a commercial hard money lender that is right for you.

Do I need equity to borrow hard money??
Yes and no. Hard money lending is primarily based on the asset you pledge as collateral. In general, most hard money lenders want you to have at least 40% equity in the property. The exact amount of equity varies by lender and investor, but it will be based on the amount and type of collateral. If you do not have equity in the project you are working on, hard money lenders will generally accept other collateral, such as equity in another property, as a guarantee on the loan.

Find a Hard Money Lender in Minnesota

FAQ Continued…

Where does the money come from in a hard money loan?
The funds come from private investors. And, the source could be an individual investor or a group of investors.

How do I know if I qualify for a hard money loan?
Find a lender who specializes in the type of loan for which you are looking. For example, if you need a loan for a commercial property, find an expert in commercial lending. So, Private Money Lending Guide can assist you in locating a commercial hard money lender that is right for you.

Do I need equity to borrow hard money??
Yes and no. Hard money lending is primarily based on the asset you pledge as collateral. In general, most hard money lenders want you to have at least 40% equity in the property. The exact amount of equity varies by lender and investor, but it will be based on the amount and type of collateral. If you do not have equity in the project you are working on, hard money lenders will generally accept other collateral, such as equity in another property, as a guarantee on the loan.

Find a Minnesota Hard Money Lender

Facts about Minnesota:

  • Admitted: Tuesday, May 11, 1858
  • Capital: Saint Paul
  • Population: 4,972,294 (2001)
  • Nickname: North Star State
  • Bird: Common Loon
  • Flower: Pink and White Lady’s-Slipper
  • Tree: Red Pine

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