Minnesota Hard Money Lenders With Fast Approvals
Asset-backed hard money loans for non-owner occupied properties in Minnesota’s leading real estate markets.
Hard Money Loan Advantage For Real Estate Investors In Minnesota
Hard Money Loan Highlights
Why Choose 14th Street Capital For Hard Money Loans In Minnesota
The Local Advantage
As private lenders who have complete control over our own funds, loan pre-qualification takes place in a matter of hours. With 100% asset backed loans, you do not have to worry about your personal creditworthiness when applying for a hard money loan.
No credit score checks, no income proof required. All you need is a plan for ensuring profitability of your real estate investment and down payment to showcase that you have teeth in the game, and that’s it.
Being real estate investors ourselves, we understand the value of relationships in real estate lending. With our focus on customer service and transparent and straightforward lending process, our relationship focused approach is the secret sauce that sets us apart from other hard money lenders.
Hard Money Lending Areas We Cover In Minnesota
Wide Range of Hard Money Loan Offerings for Minnesota Real Estate Investors
Short term funding for both acquisition and rehab of properties in Minnesota.
Long term hard money loans for you to start building your rental portfolio in Minnesota.
Landlord loans for real estate investors looking to supplement their earnings with rental income.
FAQs For Choosing A Hard Money Lender In Minnesota
1. Who can opt for a hard money loan from 14th Street Capital?
14th Street Capital offers hard money loans to beginner as well as experienced real estate investors in need of rapid financing when investing in Minnesota’s real estate markets irrespective of their credit history.
3. What is the process of obtaining a hard money loan from 14th Street Capital?
Our lending process is pretty straightforward. Once you fill out the application form, our in-house underwriters analyze the property valuation and our team will then get in touch with you to discuss the loan offering. Since every real estate investment is unique, we take a tailored approach for every borrower.
5. What is the LTV amount that I can qualify for?
14th Street Capital offers 60-70 percent of the property value as the loan to value ratio.
7. What areas does 14th Street Capital lend in Minnesota?
14th Street Capital offers funding across all the major real estate markets in the state of Minnesota.
2. How soon can I close when opting for a hard money loan?
As a self funded hard money lender in Minnesota, the loan closing process is extremely fast. Loan approvals typically take place in a couple of days while the funds get released a week thereafter. It normally takes 7-10 days to close a hard money loan with 14th Street Capital.
4. What documents do I need to submit with my application?
Getting a hard money loan from 14th Street Capital requires minimal documentation. Since the loan offering is based on the property valuation, the papers pertaining to the same along with your plan for capitalizing on your investment is all that is required.
6. What is the interest rate for hard money loans from 14th Street Capital?
The interest rates for hard money loan offering is tailored for every borrower. However, our rates are among the competitive range among the hard money lenders in Minnesota.