Minnesota Hard Money Lenders
Looking for a Minnesota Hard Money Lender – Private Equity Loan? Need to act quickly so as not to miss an opportunity. If your current credit, employment or asset situation won’t allow you to get a conventional Minnesota loan or you can’t wait the typical 40 days to have your loan funded through Minnesota conventional lenders – because you need your loan funded fast – consider a Minnesota private equity or hard money loan.
Minnesota Hard Money Loans
Minnesota Private equity – hard money – loans are asset based loans placed with Minnesota private investors who use their private money to finance or refinance real estate loans. Minnesota Private equity hard money loans are based almost solely on the property value as apposed to conventional lending institutions which have strict underwriting guidelines for borrower credit, loan to value amount and real estate asset value.
Through years in the mortgage lending business hard money lenders have seen all types of borrower situations were conventional lenders will not or can not accommodate the borrowers needs – due to credit issues, time frame issues or income and employment issues.
Minnesota Private Equity Loans
In order to meet the needs of just such Minnesota hard money loan borrowers hard money lenders have developed relationships with a number of private equity lenders that loan their private funds based on the secured asset value of your property alone. Private equity lenders typically do not require proof of income, they will loan based on your stated income and the value of your property or profitability of your project.
Minnesota Bridge Loans
Funding is available for all types of borrowers and credit situations. If you need a Minnesota bridge loan, a Minnesota sub prime loan or a loan from Minnesota high risk lender visit these pages and visit the private equity hard money high risk lenders you’ll find listed.
Contact these hard money lenders they will explain all your Minnesota hard money private equity loan options including: Minnesota commercial, residential and refinance of current mortgages – with their help you will make a fully informed hard money mortgage choice!
State of Minnesota
Minnesota was claimed by the French in 1679, after fur traders and missionaries visited. After the Revolution eastern Minnesota became part of the U.S. The western part came from France in the Louisiana Purchase. The northern part was British until 1818.
The capital of Minnesota is St. Paul. Other large cities are Minneapolis, Rochester, Duluth, and Bloomington. The twin cities of St. Paul and Minneapolis are the site of a major grain distribution industry. Duluth, with its country’s largest inland harbor handles foreign trade. Rochester is home to the world-famous Mayo Clinic The population in 2205 was 5,132,799.
Seventy-five percent of the country’s iron ore comes from Minnesota. Minnesota also produces fabricated metals, machinery, plastics, scientific instruments and computers. The state’s farms produce corn, soy beans, barley, oats, peas, eggs, milk and livestock.
Tourists are attracted by the lakes and forests, the Minnehaha Park, Boundary Waters Canoe Area, and the Voyageurs National Park.
Disclaimer: The hard money loan calculators found on this website are offered only to estimate monthly loan payments. No guarantee is offered or implied as to their accuracy. Hard money loans are non conforming, they do not conform to the underwriting guidelines of Fannie Mae or Freddie Mac. Each private equity hard money lender has their own fee structures which may include points at closing and early prepayment penalties. Discuss all of the details of your particular hard money loan including all costs and fees with your selected hard money lender.