Minnesota Hard Money Lenders for Real Estate Investors
Need a hard money loan secured by real estate in Minnesota? This page has a list of direct hard money lenders that offer quick funding for a Minnesota property purchase, refinance, fix & flip, rehab & rent, ground-up construction, and equity cash out in 1st lien position. Hard Money lending is only for investment properties, not for homesteads. The loans are mainly based on equity in the subject property. For most lenders, the maximum LTV is typically 70% for a purchase and 65% for an equity cash out loan. Scroll to see the list of lenders.Displaying 0 Results
Filters
Searching...
Sorry, your search returned no results.
$75,000 - $20,000,000
13 to 360 months
7.20% - 12.10%
0.25% - 2.50%
$75,000 - $10,000,000
12 to 360 months
8.00% - 13.00%
2.00% - 5.00%
$500,000 - $5,000,000
6 to 24 months
10.00% - 14.00%
1.00% - 4.00%
$75,000 - $7,000,000
12 to 360 months
7.00% - 12.99%
1.00% - 4.00%
$75,000 - $15,000,000
6 to 360 months
7.00% - 12.00%
1.50% - 4.00%
$100,000 - $2,500,000
12 to 23 months
9.99% - 12.99%
1.50% - 3.00%
$100,000 - $3,000,000
12 to 360 months
$75,000 - $50,000,000
12 to 360 months
1.00% - 2.00%
Minnesota Hard Money Stats
According to private lending data provider, Analytics Logics, the average interest rate for Minnesota hard money loans in the 4th quarter of 2023 was 12.67%. Lenders charged an average of 4.0% points (origination fee). The average LTV (loan-to-value) for private money loans in Minnesota was 67%, and the average loan amount was $312,857. These stats are the average of all the loans which were funded between October 1, 2023 and December 31, 2023 by the many private lenders who use Liquid Logics’ loan origination software to manage their lending operations.
Stay Informed About Private Lending
Receive our monthly newsletters with valuable insights and industry updates