Minnesota Private Money Lenders
Seeking a private money loan secured by real estate in Minnesota? On this page you'll find a list of direct private money lending companies that offer fast funding for a Minnesota property purchase, refinance, or equity cash out in 1st lien position. Private money loans are for short-term (3-24 months) and primarily qualify based on equity in the subject property, at least 30% for most lenders. Scroll below the lender list.Searching...
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Lima One Capital
The Nation's Premier Lender for Real Estate Investors
RCN Capital
Direct Lender for Residential Fix & Flip, Long-Term Rental, Bridge Loans
Gelt Financial, LLC
Creative Private Financing for Commercial Real Estate since 1989
i Fund Cities
Great F#*%ing Loans, Built By Investors For Investors
LendingOne
Rental, Fix & Flip, Construction & Multifamily Bridge Loans Nationwide
Kiavi
Servicing 12,000+ Real Estate Investors Across the Country
Yieldi LLC
Direct Lender for Investment Properties - Bridge, Rehab, Construction
Park Place Finance
Nationwide Direct Private Lender for Residential Real Estate Investors
HouseMax Funding
Hard Money Loans to Fund Your Next Big Project
Minnesota Private Money Interest Rates
According to the private money loan documents software company, Lightning Docs, the average interest rate for Minnesota private money loans in the 1st quarter of 2024 was 11.33%. The average loan amount was $511,327. These stats are the average of 9 short-term loans (including bridge, rehab, and ground-up construction) funded for investment properties in Minnesota between January 1, 2024 and March 31, 2024 by multiple private lending companies that use Lightning Docs as their preferred software provider to prepare loan documents.
According to private lending data provider, Analytics Logics, the average interest rate for Minnesota private money loans in the 1st quarter of 2024 was 12,59%. Lenders charged an average of 3.3% points (origination fee). The average LTV (loan-to-value) for private money loans in Minnesota was 63%, and the average loan amount was $288,460. These stats are the average of all the loans which were funded between January 1, 2024 and March 31, 2024 by the many private lenders who use Liquid Logics’ loan origination software to manage their lending operations.
Top 10 Minnesota Private Lenders
According to Forecasa™, here are the Top 10 Private Lenders ranked by the number of private mortgage loans originated in Minnesota in the last 12 months from March 2024.
- Renovo Financial
- Choice Financial Group
- Superior Financing INC
- Kiavi
- PFG Fund (Pine Financial Group)
- Allied Funding LLC
- Alabama 2 LLC
- Principal Properties LLC
- CCM Finance LLC (Carpathian Capital Management)
- American Land & Capital LLC
Forecasa™ provides analytics data for Minnesota private lending on a quarterly basis. You’ll find their top lenders data for many other states on our platform.